Skip to content
  • Test

AI Vendor Due Diligence: What You Need to Know Now

On Demand Course
Instructor: Maureen Carollo

Duration: 1 HR

What You'll Learn

Artificial Intelligence is rapidly transforming financial services, but with innovation comes responsibility. Vendor partnerships involving AI tools require careful due diligence to ensure compliance, manage risk, and align with regulatory expectations. This course equips compliance and risk professionals with the knowledge to evaluate AI vendors effectively and confidently.

Topics covered in this course

Understanding AI Vendor Risk

  • Key risk categories in AI solutions
  • Regulatory expectations for vendor oversight
  • Common pitfalls in vendor selection

Due Diligence Frameworks

  • Essential steps in vendor evaluation
  • Data security and model transparency considerations
  • Contractual safeguards and monitoring

Practical Applications

  • Case examples of AI vendor reviews
  • Integrating due diligence into compliance programs
  • Preparing for regulatory exams and audits

 

*This program does NOT qualify, nor meet the National Standard for NASBA accreditation. 

Accreditations

ACFE (Association of Certified Fraud Examiners)

This program is applicable for compliance or recertification CPE(s) through the Association of Certified Fraud Examiners (ACFE). Please visit the ACFE website for further clarification: https://www.acfe.com/cfe-credential/continuing-professional-education-cpe-requirements. This program is applicable for the CPE(s) listed to the right of this page.

Requesting CE:
Upon completion of this course, please email creditrequest@nogginguru.com to obtain a CE certificate.

About the Author:

Maureen Carollo
Maureen Carollo
Maureen E. Carollo is a highly experienced risk and compliance professional and instructor/speaker and is currently serves as the Fair Lending Manager, AVP, for MidFirst Bank in Oklahoma City, Ok. MidFirst Bank at over $40B in total assets, is the largest privately held bank in the U.S. Previously, she was the Chief Compliance & Chief Risk Officer, SVP, for Old Glory Bank. She has over 35 years of experience in deposit operations, loan operations, compliance management, risk management, internal audit and BSA/AML/CFT program management areas and has held the Certified Regulatory Compliance Manager (CRCM) designation for over 20 years and also holds the Certified Anti-Money Laundering Specialist (CAMS) certification. She is a graduate of the Southwestern Graduate School of Banking at SMU in Dallas, Texas, and graduated with Recognition for Leadership. She serves on the “ABA Bank Compliance” magazine Editorial Advisory Board, where she has had multiple articles and columns published. She has also received an APEX Award for “Excellence in Publishing.” She has been a regular speaker for the ABA Risk and Compliance Conference, where she serves on the Advisory Board and was awarded the 2021 “Distinguished Service Award” for Compliance. She has also regularly spoken at events for Marquis Centrax, CbanC, Bankers Online, and Bankers Hub. She has been active in the Oklahoma Bankers Association, where she has been past Chairman of the Compliance School Board of Regents and served on the Board for over 20 years. She has also been a frequent speaker for the OBA’s Compliance School and past speaker for their Operations School, Consumer Lending School, and Intermediate Banking School.

You Might Also Like

On-Demand Course
Banker's Guide to Stablecoins
On-Demand Course

Stablecoins are no longer just a crypto trend — they’re becoming a serious tool for banks. But how do you separate hype from legitimate use cases? And how do you manage the regulatory and operational risks that come with it? Join the Payments Professor for this highly anticipated 90-minute webina...

+ READ MORE

Instructor: Kevin Olsen

99.00 Order Today
Role
Role: AI and Innovation
99.00 Order Today
On-Demand Course
AI in Banking: Managing Risk & Regulation
On-Demand Course

AI is transforming banking — but are your risk and compliance frameworks ready to keep up? From chatbots to credit models, financial institutions are racing to harness artificial intelligence. But with great innovation comes great scrutiny. Regulators, risk managers, and boards are all asking the...

+ READ MORE

Instructor: Kevin Olsen

99.00 Order Today
Role
Role: AI and Innovation
99.00 Order Today
On-Demand Course
When AI Meets Real-Time Money: Smarter Fraud & Stronger Business Cases
On-Demand Course

Real-time payments are reshaping the financial landscape. FedNow and RTP are processing hundreds of billions in transactions annually. Stablecoins are capturing significant cross-border B2B payment volume. But faster payment networks do not necessarily introduce faster fraud. This webinar cuts th...

+ READ MORE

Instructor: Angela Murphy

99.00 Order Today
Role
Role: AI and Innovation
99.00 Order Today
Sep 8 | 12pm Est.
What Tokenization Unlocks that FedNow Can't
Calendar Sep 8 | 12pm Est.

FedNow proved that U.S. banks can move money instantly, around the clock, at scale. But instant is not the same thing as programmable, and a payment message is not the same thing as a programmable asset. This course draws a clear, source-grounded line between what FedNow was built to do and what ...

+ READ MORE

Instructor: Angela Murphy

199.00 Order Today
Role
Role: AI and Innovation
Credits
Credits: 1.2 CPE/ NASBA for live attendance only
199.00 Order Today
Back to top