Guide to Certified Regulatory Compliance Manager (CRCM), Study Guide – Blog
Are you looking for a study guide to help you pass the Certified Regulatory Compliance Manager exam. You want to improve your skills and earn a professional certification. We have the perfect study guide for you. This guide will enhance your learning and help you prepare for the exam. This step-by-step guide will help you get started with your preparation. Before we get into the details, let’s ensure we have all the information before we start to race.
What is the Certified Regulatory Compliance Manager exam and what does it mean?
TheCertified Regulatory compliance Manager (CRCM), certification is expected to be one the most respected and honorable certifications for professionals in banking compliance. This credential is highly valued and admired because it is not easy to obtain. This certification is complicated because of the experience required, extensive knowledge of the relevant content, well-structured and structured training, passing the actual exam and keeping the certification. This certification is highly valued by many top compliance professionals and consultants.
A Compliance Manager with professional experience
This designation requires that applicants have extensive knowledge of compliance risk functions. These processes include
Firstly, Completion of compliance risk assessments, exams, or audits
Secondly, managing, formulating, or putting into use all aspects a compliance risk management plan to ensure compliance with U.S. federal law and regulations.
Compliance risk management should be the focus of job duties
Consultation as a subject matter expert is a good place to start.
The Bank’s compliance program was then examined
Additional, program design, oversight, implementation and oversight
Auditing, enforcement, or administration of compliance policies, processes, and methods.
CRCM Certification Requirements
To be eligible to take the certification exam offered through ABA, candidates must meet the following requirements:
Either way, candidates must have at least six (6) years of experience as a Compliance Professional. This experience must be within the last ten (10) years. Three (3) years should be within the past five (5) years.
Candidates must have at least three (3) years of experience as a Compliance Professional and must have completed two of the compliance-related training options. These courses must have been completed within the last five (5) year.
ABA Compliance School – Foundational
Secondly, ABA Compliance School – Intermediate
ABA Certificate of Deposit Compliance and ABA Certificate of Lending Compliance are the third.
Further, ABA CRCM Exam PreporCRCM Exam online Prep
Also, ABA-led compliance school for ABA CRCM in-bank
You can also earn 30 Training credits (1 credit = 50 mins).
Below are the courses and training related to the 30 training credit options for compliance-related training options. These credits are dependent on the year that ABA events were completed.
To start with, ABA Compliance school – Advanced (40 credits)
Then, ABA Regulatory compliance Conference (25 credits).
Also, ABA Financial Crimes Enforcement Conference(25 credits)
Further, ABA Training Courses
Moreoevr, State Bankers AssociationRegulatory Compliance Schools and Training
Guide for Certified Regulatory Compliance Managers CRCM
A industry-recognized certificate will give you an edge over other candidates. A professional certification increases your employability and shows your ability. This exam requires that you prepare and study well. This Study Guide provides you with all the CRCM study material as well as the right resources to help you get the job of your dreams. This guide is for you.