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Certified Risk Professional® (CRP)

Candidate Requirements

Candidates for the Certified Risk Professional (CRP) designation must meet specific requirements within the following categories:

• Proof of completion of a Bachelor's Degree (A photocopy of an official transcript or a diploma demonstrating completion of a Bachelor's Degree, or written proof of completion of a degree program.)
• A resume that details your work history
• The one-time application fee
• Agreement to uphold the CRP Code of Ethics
• Successful completion of the examinations
• Letters of Recommendation and Attestation by the candidate's management

Additional details about required documentation follow. Once compiled, please forward all documentation to:

CRP Program
BAI
One North Franklin, Suite 1000
Chicago, IL 60606-3421
United States

All documentation will be reviewed by BAI Center for Certification before the review evaluation will be performed and the certification can be issued.

Professional Experience and Education Requirements

The CRP professional experience and educational requirements for applicants taking the exam are:

1. A Bachelor's Degree from an accredited college or university with work experience of at least three years in the fields of exposure identification, risk evaluation or risk control.
2. For candidates without a Bachelor's Degree, work experience of at least five additional years in the fields of exposure identification, risk evaluation or risk control may be substituted. The total risk management work experience requirement for these candidates is eight years.

Ethics

All CRPs must sign an agreement stating that they understand and agree to adhere to the CRP Code of Ethics. Click here to review CRP Code of Ethics. The form can be printed, signed and returned to BAI Center for Certification along with the other required documentation.

The Examination Process

Candidates must pass a two-part core competencies examination in risk management. Part 1 consists of theory and principles. Part 2 consists of applied techniques. In addition, candidates must pass a one-part examination within each specialty area in which they seek certification. (Please note: the core exams need to be successfully completed just once, even if additional specialties are sought later.) Specialties are as follows:

Specialty Areas for the Examination

Audit
Compliance
Treasury, Asset/Liability and Balance Sheet Risk Management
Finance & Accounting/Financial Risk Management

Examinations will be administered in November and June each year. A passing grade of 70% on each exam is required to earn the certification.

Letter of Recommendation and Attestation

In addition to the successful completion of the core competencies and specialty portion of the exam, a letter of recommendation and attestation to the candidate's work experience by an executive in your organization must be provided, if it has not already been received.

Cancellation/Refund/Transfer Policy

The program application fee is non-refundable. Full examination fees will be refunded upon written notice to BAI Center for Certification. This notice must be postmarked on or before the cancellation deadline. No refunds will be made after the cancellation deadline. Each candidate may transfer his/her exam registration once (to the next consecutive examination) without penalty upon written notice to BAI Center for Certification. This notice must be postmarked on or before the cancellation/transfer deadline. Additional transfers will not be permitted.

Re-registration for Failed Exam Parts

Candidates must re-register for any failed examination parts and pay the corresponding examination fee again. Candidates can re-register for examination parts by calling Customer Service at 800-224-9889 or 312-683-2494.

Application and Fees

Click here for application and fee information.