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Reference: https://www.aba.com/training-events/certifications/certified-regulatory-compliance-manager
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ABA Certified Regulatory Compliance Manager CRCM Exam is related to Certified Regulatory Compliance Manager (CRCM) Professional Certification. This CRCM exam validates the Candidates knowledge and skills in wealth management and trust, compliance and risk management, lending, bank marketing and retirement services. Compliance Auditors and Compliance Officers usually holds or pursue this certification and you can expect the same job roles after completion of this certification.
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There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. ExamsReviews expert team recommends you to prepare some notes on these topics along with it don't forget to practice CRCM Exam exam dumps which been written by our expert team, Both these will help you a lot to clear this exam with good marks.
| Section | Objectives |
|---|---|
| Topic 1: Compliance Risk Management & Auditing | - Compliance risk assessments - Internal and external audit coordination |
| Topic 2: Bank Secrecy Act / AML / OFAC | - OFAC sanctions compliance - Anti-Money Laundering (AML) program requirements |
| Topic 3: Lending Compliance | - Fair lending regulations (ECOA, FHA) - Mortgage and consumer lending rules (RESPA, TILA/Reg Z) |
| Topic 4: Deposit Compliance | - Truth in Savings (Reg DD) - Electronic Fund Transfer Act (Reg E) |
| Topic 5: Regulatory Compliance Management Program | - Policies, procedures, and internal controls - Compliance program structure and governance |
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