Charmi Patel

Charmi Patel

VP, Third Party Risk Manager, Columbia Bank New Jersey

Charmi began her vendor risk management career at Millennium Management LLC and then she transitioned to Federal Reserve Bank of New York.

Over the last year as head of vendor risk management at IDBNY Charmi oversees risk and operational efficiencies of the entire portfolio of vendors and all the processes and procedures that are required for vendor risk management. She has a proven track record of implementing innovative and comprehensive vendor risk management programs for the IDBNY.

Charmi holds a Masters degree in IT Project Management from Webster University Florida.

3:40 pm - 4:30 pm

THE FUTURE OF TPRM LEADERSHIP: SKILLS, STRUCTURE AND STRATEGY – PANEL DISCUSSION

Preparing TPRM leaders for what comes next.

  • Skills and capabilities senior TPRM teams now need
  • Structuring teams for scale, complexity, and speed
  • Partnering with cyber, resilience, legal and procurement
  • Redefining success for third-party risk leaders in 2026 and beyond

1:10 pm - 2:35 pm

CLOUD CONCENTRATION & SYSTEMIC VENDOR RISK: GOVERNING THE UNAVOIDABLE

A practitioner-led, closed-door discussion focused on how firms are governing cloud concentration and systemic vendor risk where exit is often unrealistic and dependencies are unavoidable. Expect open, peer-to-peer exchange on:

  • Mapping hidden fourth- and N-th party infrastructure dependencies
  • Identifying where multi-region and redundancy assumptions fail under stress
  • Designing credible concentration risk reporting for boards and senior leadership
  • Building escalation frameworks when critical vendors resist oversight
  • Developing collective and industry-level leverage strategies
Designed to move beyond frameworks into practical approaches you can take back and apply.