Ente rp r i se R i sk • Cred i t R i sk • Marke t R i sk • Opera t iona l R i sk • Regu la to r y Compl iance • Secur i t i es Lend ing

JOIN. ENGAGE. LEAD.

CREDIT ESSENTIALS CERTIFICATERMA

Prepare for a brighter future by earning the Credit Essentials Certificate.

Through RMA’s initiative to cultivate the next generation of credit professionals, RMA student members have the opportunity to validate your credit skills before you enter the job market.

Earning the RMA Credit Essentials Certificate validates your commercial credit risk knowledge and skills. By passing the Credit Essentials Certificate exam, which covers topics such as cash flow, financial statement analysis, structuring commercial loans, personal financial statement analysis, business tax return analysis, and industry and market analysis, you establish your proficiency on the essential aspects of credit risk. And earning the Certificate differentiates you from other job candidates when you seek employment in the world of banking.

FREE COURSE SUPPORT AND STUDY GUIDE FROM RMA

If you want to improve certain skills before you take the exam, but cannot do so because your university lacks a course on the subject(s), you may request free access to RMA’s online courses as a student member. Plus, included in the registration fee for the Credit Essentials Certificate is access to a free study guide, Commercial Credit Essentials, that we’ll make available to you in a PDF after you register.

PROVE YOUR CREDIT SKILLS WITH THE RMA CREDIT ESSENTIALS CERTIFICATE.

JOIN. ENGAGE. LEAD.

ABOUT THE EXAM

The online exam takes approximately one hour and 45 minutes to two hours and 15 minutes to complete. A score of 80% or greater is required to pass.

WHAT DO I RECEIVE UPON PASSING?

A Certificate of Competency

WHAT KIND OF FEEDBACK WILL I RECEIVE?

For every question missed, you will receive the performance task that served as the basis of the question.

WHAT FREE RESOURCES ARE AVAILABLE?

The following free resources are available to those who have a Student Membership with RMA. These resources can help you learn about the industry and build a fundamental knowledge of credit risk analysis concepts. And remember, Student Membership is also free.

• Commercial Credit Essentials: As part of the registration fee, you will receive this free study guide as a PDF. This guide will examine credit risk analysis approaches used by commercial banks to evaluate loan applications.

• The RMA Body of Knowledge contained within RMA University Online: The Body of Knowledge contains the basic building blocks you should know to initiate your pursuit of the Credit Essentials Certificate. Each area in the Body of Knowledge highlights key topics, additional skill-enhancing resources, and detailed topic-related content.

• The RMA Fundamentals Exam contained within RMA University Online: The Fundamentals Exam doesn’t simulate the actual Credit Essentials Certificate test questions. You should use the Fundamentals Exam as an additional study guide along with the Body of Knowledge.

• RMA University Online Courses:

– The Lending Decision Process

– Structuring Commercial Loans

– Commercial Loan Documentation

– The Small Business Lending Decision Process

Note: These resources are meant to inform and refresh your awareness of the subject matter and complement what you have learned during your formal education.

HOW MUCH DOES IT COST?

The Certificate exam costs $99. You have two chances to pass the exam. You can retake the exam one time. If you do not pass on the second try, you must wait at least 45 days before taking it again. This is intended to you give you time to review not only the resources RMA has provided, but more importantly, to review prior course work that you have taken and perhaps receive coaching.

WHAT ARE THE SKILLS THAT WILL BE ASSESSED?

• Gettingtoknowthecustomer.

• Analyzingnonfinancialtechniques.

• Understandingthenumbers:financialstatements.

• Understandingthenumbers:cashflow.

• Understandingcashflow:projections.

• Understandingthenumbers:managementandstrategy.

• Loanstructuring.

• Collateralandthird-partysupport.

• Retailcredit.

• Personalfinancialstatementsandtaxreturns.

• Businesstaxreturns.

• Globalcashflow.

• Loandocumentation.

WHEN DO I GET MY EXAM RESULT?

You will know your result immediately upon completion of the exam. The results become official upon your receipt of the Certificate, which will be sent by RMA via mail promptly after you have passed the exam.

ABOUT RMAFounded in 1914, The Risk Management Association (RMA) is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise-wide approach to risk management that focuses on credit risk, market risk, and operational risk.

Headquartered in Philadelphia, PA, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.

Ente rp r i se R i sk • Cred i t R i sk • Marke t R i sk • Opera t iona l R i sk • Regu la to r y Compl iance • Secur i t i es Lend ing

HOW TO REGISTER FOR THE EXAMRMA students can register for the Credit Essentials Certificate exam by visiting our website at www.rmahq.org/cec.

NOT A STUDENT MEMBER?Please visit www.rmahq.org/student-membership to register for your FREE membership.