A productive risk management effort offers an enterprise risk management (ERM) structure that helps a company recognize its diverse risks and be more equipped to handle them. However, proficiency in ERM is necessary, and one avenue for IT, security, and risk management experts to acquire this expertise is obtaining certifications in enterprise risk management. A notable certification in this realm is the ABA CERP certification.
What Is ABA CERP Certification?
The American Bankers Association introduced its latest Certified Enterprise Risk Professional (CERP) certification. According to ABA, the CERP certification concentrates on essential aspects, such as elements of a risk management structure and particular risk classifications like credit risk, financial risk, and non-financial risk. It is tailored for banking professionals presently engaged in risk management or those looking to broaden their understanding of enterprise risk management.