Certified Regulatory Compliance Manager Exam
The Certified Regulatory Compliance Manager (CRCM) designation is a respected credential that validates advanced expertise in regulatory compliance. It is available to qualified compliance professionals who have at least three years of relevant experience and have completed approved training programs. Achieving the CRCM certification requires candidates to:
- Meet the established eligibility requirements
- Submit a completed application along with the applicable fees for their selected exam date
- Successfully pass the CRCM examination
Who Should Take the Exam
The CRCM certification is particularly valuable for professionals whose roles involve ensuring adherence to financial regulations, including:
- Compliance officers
- Risk management specialists
- Internal auditors
- Branch managers
- Loan officers
- Any professional directly responsible for regulatory compliance within a financial institution
Certified Regulatory Compliance Manager Exam Course Outline
The Exam covers the given topics -
- Domain 1: Overview of Assessment and Management of Compliance Risk (28%)
- Domain 2: Overview of Compliance Monitoring (25%)
- Domain 3: Overview of Governance and Oversight (10%)
- Domain 4: Overview of Regulatory Change Management (15%)
- Domain 5: Regulator and Auditor Compliance Management (11%)
- Domain 6: Overview of Compliance Analysis and Internal/External Reporting (11%
Certified Regulatory Compliance Manager (CRCM) FAQs
How to register for the computer-based exam?
You can apply for an exam at Scantron Test Site. Once approved by ABA Professional Certifications, you will receive registration information via email from Scantron. The email will contain your unique login id and password which will help you register at your preferred test site on the day and time of your choosing.
Why there is use of computer-based testing in ABA exams?
Computer-based testing gives candidates advantages in scheduling and option of taking the exam any day and time during a 30-day testing window that best fits your schedule, subject to availability.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
Is there any assistance from Skilr in terms of exam preparation?
Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Why ABA certifications?
ABA promotes industry excellence and continuous career development for bankers through a wide range of job-specific professional certifications. These certifications are developed by experts in the financial services industry and are acknowledged industry-wide as the symbol of excellence in banking skills and knowledge.
What is Certified Regulatory Compliance Manager (CRCM) certification?
Certified Regulatory Compliance Manager (CRCM) exam demonstrates the candidate skills and abilities in the regulatory compliance field.
How many questions will be there on Certified Regulatory Compliance Manager (CRCM) exam?
In this exam there will be 200 multiple choice questions.
What is the process of maintaining Certified Regulatory Compliance Manager (CRCM) exam?
To maintain CCTS, you must have 60 CE credits every three (3) years, annual renewal fee and adherence to the Professional Code of Ethics.
Can I take the computer-based certification exam on at home or at work?
No. The computer-based exams are only offered at Scantron Test Sites during the defined date range noted on the exam schedule.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the Skilr Helpdesk for more details. The member of support staff will respond as soon as possible.
What is the passing score for the ABA Professional certification exams?
For all the ABA Professional Certification exams the score is on a scale ranging from 200 to 800, with the passing score set at 500.
What is the exam retake policy?
To retake the exam, you must have to wait a minimum of 90 days before the next scheduled exam date. You can give the exam as many times as you want, there is no limit. And, you must pass the exam within a 3 year period from the date of your first exam attempt or a new application and full fee is required.
What professional experience is required for the CRCM exam?
The Professional Experience required is the primary responsibility for the full range of compliance risk functions. Compliance risk functions include: • Performing compliance risk assessments, audits or examinations • Developing, implementing, and/or managing all aspects of a compliance risk management program to ensure compliance with U.S. federal laws and regulations.
What is the eligibility requirement for the Certified Regulatory Compliance Manager (CRCM) exam?
For this certification candidates must have six or more years of U.S. experience as a compliance professional within the last ten years. And, three of the six years must be within the last five years. Or they can have three years minimum of U.S. experience as a compliance professional and completion of TWO of the following compliance-related training options, all within the last five (5) years: • ABA Compliance School - Foundational • ABA Compliance School - Intermediate • ABA Certificate in Deposit Compliance and ABA Certificate in Lending Compliance • ABA CRCM Exam Prep or CRCM Exam Online Prep • ABA-led in-bank ABA CRCM Compliance School
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Is accommodation available for individuals with disabilities at the computer-based testing centers?
Yes, all the U.S. testing centers are fully accessible and compliant with the Americans with Disabilities Act (ADA). So, you must submit your request for reasonable accommodations, along with supporting documentation with your exam application.
Can we try the free test before purchasing the practice exam?
Yes Skilr offers free practice tests for Exam which can be used before the final purchase for complete test.
Does Skilr offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Exam cost.
How much time it takes to get the exam result?
ABA exam are computer based exam so an instant pass/fail outcome is provided. And, the official score results are delivered via email within 6 weeks after the close of the exam window.
What is the CRCM exam course outline?
The topics covered in this exam include: • Assessment and Management of Compliance Risk (28%) • Compliance Monitoring (25%) • Governance and Oversight (10%) • Regulatory Change Management (15%) • Regulator and Auditor Compliance Management (11%) • Compliance Analysis and Internal/External Reporting (11%)
What is the time duration for the Certified Regulatory Compliance Manager (CRCM) exam?
You will get maximum 4 hours to complete the exam.