Amanada Sang
Director, Risk Analysis and Policy, Financial Enterprise Risk Department, Bank of Canada
Amanda Sang is a seasoned leader in the Financial and Enterprise Risk Department at the Bank of Canada with extensive risk management experience. She is currently the Director of the Operational Risk and Analytics team, which includes the third party risk management program. She recently completed the renewal of the third-party risk management program to modernize and streamline the program.
Some of her earlier achievements include the establishment of a new operational risk teams in the Financial Markets Department, coordination of quantitative easing operations during the pandemic and led resilience strategies from planning to implementing an alternate hot site for market and banking operations.
Amanda is a Fellow Chartered Accountant from England and Wales and Certified Internal Auditor, with a degree in Mathematics. In her pastime, she enjoys travelling and spending time with her family outdoors.
CRITICAL THIRD PARTIES: POWER IMBALANCES WITH CRITICAL THIRD PARTIES– PANEL DISCUSSION
Operating TPRM programs when vendors dictate terms.
- Managing monopolize across the supply chain in financial institutions
- Navigating audit refusals, data access limitations, and “take-it-or-leave-it” contracts
- Managing risk exposure when exit is unrealistic
- Escalation strategies when critical vendors underperform or resist oversight
- Using collective pressure, contractual leverage, and governance forums effectively