Become a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT)
"We commit to the full and timely implementation of the financial sector reform agenda agreed up through Seoul, including: implementing Basel II, II.5 and III along the agreed timelines."
G20 Summit on Financial Markets and the World Economy, G20 Cannes Summit, November 3-4, 2011, The Cannes Action Plan for Growth and Jobs
Dear Risk and Compliance Management Professional,
The Basel III framework is the cornerstone of the G20 regulatory reform agenda after the recent crisis.
Basel III is not simply about capital, ratios and buffers. Risk management, fit and proper requirements, corporate governance, transparency and documentation are also very important parts of the updated framework.
An important new mandate for the Basel Committee is to be more active in monitoring the implementation of the international standards within individual member jurisdictions. This stems from the G20 Leaders’ desire that Basel III be implemented in a “full, timely and consistent” manner. Consistent implementation is critical if there is to be a level playing field for banks.
According to the "Principles for enhancing corporate governance" from the Basel Committee on Banking Supervision, supervisors should obtain the information they judge necessary to evaluate the expertise and integrity of proposed board members and senior management.
The fit and proper criteria should include, but may not be limited to the contributions that an individual’s skills and experience can make to the safe and sound operation of the bank, including general management skills.
According to these principles, the risk management function is responsible for identifying, measuring, monitoring, controlling or mitigating, and reporting on risk exposures. This should encompass all risks to the bank, on- and off-balance sheet and at a group-wide, portfolio and business-line level, and should take into account the extent to which risks overlap (eg lines between market and credit risk and between credit and operational risk are increasingly blurred).
Risk managers, compliance officers and auditors must be fit and proper. They must have the necessary knowledge and experience, and they must be able to provide evidence about that to senior management, the board of directors, shareholders and supervisors.
Employees working in the financial services must understand how the new Basel III standards change the way they work. They need Basel III compliance awareness and training. They need experts that are qualified to train them.
Become a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT). This is an advantage on your resume, serving as a third-party endorsement to your knowledge and experience. Certificates are important when being considered for a promotion or other career opportunities. You give the necessary assurance that you have the knowledge and skills to accept more responsibility.
Become a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT)
In order to become a BiiiCPA-ACT / CBiiiProT you need to:
1. Have the Required Experience.
You must have a minimum of three (3) years cumulative paid full-time work experience in risk management, compliance, audit or a related domain in the financial services.
You may receive a one year experience waiver with a four-year college degree, or regional equivalent, thus requiring two (2) years of direct full-time professional work experience in risk management, compliance, audit or a related domain.
2. Pass the CBiiiPro Exam.
3. Subscribe to the Code of Ethics for BiiiCPA Authorized Certified Trainers, as described below.
The Code of Ethics for BiiiCPA Authorized Certified Trainers sets forth the principles that underlie their conduct. It consists of a Preamble and 6 Canons.
Code of Ethics for BiiiCPA Authorized Certified Trainers
The Certified Basel iii Professional Trainers recognize that such certification is a privilege that must be both earned and maintained.
The Certified Basel iii Professional Trainers, who intentionally or knowingly violate any provision of this Code of Ethics, may be subject to action by the Association, which may result in the revocation of their certified status.
Strict adherence to this Code of Ethics is a condition of certification.
A. Advance and protect the profession of risk management and compliance management.
B. Provide diligent and competent services to your employer, your colleagues and to all other risk and compliance management professionals.
C. Act honorably and stand firm for what is honorable.
D. Strive to maintain the highest levels of competence in your work.
E. Recognize the limitations of your expertise and undertake only those tasks for which you are qualified by education, training, or experience.
F. Recognize the need for ongoing training in order to remain professionally competent.
4. Send an email to Lyn Spooner.
The title of your email must be the following: Application to Become a BiiiCPA-ACT / CBiiiProT.
Please attach your CV (we prefer Microsoft Word or Adobe Acrobat format). Be specific about your work experience, educational background and skills. Write a few words about your plans for the future. Why do you want to become a BiiiCPA Authorized Certified Trainer?
You must also write that you subscribe to the Code of Ethics for BiiiCPA Authorized Certified Trainers.
We reserve the right to reject applications that are incomplete. Applicants that do not have the necessary knowledge or experience will not be accepted as BiiiCPA Authorized Certified Trainers, and they will receive their money back, if they have purchased the CBiiiPro program or lifetime membership in order to become BiiiCPA Authorized Certified Trainers. We reserve the right to ask for more information or evidence about degrees, certificates etc.
We reserve the right to reject any applications that contain language or material that we consider offensive, discriminatory or otherwise inappropriate.
By submitting your application you are declaring that the information you have provided is accurate and correct.
All submitted information is confidential and will never be disclosed without your approval.
Three to five days after we receive your email, we will contact you.
If you meet the above requirements (you are a CBiiiPro, you are a lifetime member, you have sent your CV and we have decided that you have what it takes to become a good trainer, you have subscribed to the Code of Ethics for BiiiCPA Authorized Certified Trainers), we will send you an email informing you that you have been accepted as a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT).
You will receive your BiiiCPA-ACT / CBiiiProT printed and stamped certificate at your office or home address after 4 - 6 weeks. We will update your dedicated webpages after 4-6 weeks too.
5. Maintain the CBiiiProT Certification
Recertification is required every two years.
CBiiiProTs must sit for the CBiiiPro exam again, to provide evidence that they stay current.
The all-inclusive cost is $148 every two years (50% of $297, lifetime members always have a 50% discount).
You will receive your new BiiiCPA-ACT / CBiiiProT printed and stamped certificate at your office or home address after 4 - 6 weeks.
Benefits - Why should you become a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT)?
1. This is an advantage on your CV / resume, serving as a third-party endorsement to your knowledge and experience. Certificates are important when being considered for a promotion or other career opportunities. You give the necessary assurance that you have the knowledge and skills to accept more responsibility.
2. You are authorized to train managers and employees inside your bank or organization, using the official CBiiiPro presentations, provided that at least 6 delegates sit for the CBiiiPro exam after each training class.
The all-inclusive cost for each of the delegates that will sit for the exam is $297.
Terms and Conditions
2A. The BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT) ("Trainer") can organize and promote Certified Basel iii Professional (CBiiiPro) instructor-led classes inside his/her organization (in-house instructor-led training), including branches and subsidiaries. The Trainer can lead these classes, using the official CBiiiPro presentations.
2B. The BiiiCPA will not receive any compensation for the instructor-led classes, provided that at least 6 delegates will sit for the CBiiiPro exam after each training class. The all-inclusive fee for the CBiiiPro exam is $297 per delegate.
Up to 3 exams per delegate are included in the price. If someone fails, he/she must study more and sit for the exam again, at no extra cost, up to 3 times.
2C. The BiiiCPA, as the copyright owner, gives permission to the Trainer to do the following:
a. To reproduce the copyrighted work in copies and distribute inside his/her organization.
b. To prepare derivative works based upon the copyrighted work and distribute inside his/her organization.
2D. The Trainer is not a representative or employee of the BiiiCPA and shall have no claim against the BiiiCPA hereunder or otherwise for vacation pay, sick leave, retirement benefits, social security, worker’s compensation, health or disability benefits, unemployment insurance benefits, or employee benefits of any kind, or any other reason. The BiiiCPA is not accountable under any circumstances for any legal issues caused by the Trainer.
2E. The Trainer is expressly free to perform services for other parties or associations, while performing services in accordance with this agreement.
3. You may be invited to lead classes outside your organization.
The BiiiCPA organizes instructor-led classes in large cities or financial centers around the world (3-5 days), and Exam Prep classes (1 day). Although the BiiiCPA-ACTs are not paid as employees or contractors to lead these classes, they do receive $2,000 per day to cover their expenses.
Experienced Trainers that already work in major firms or organizations may have more invitations. This is not an opportunity for employment. The BiiiCPA has no obligation to invite all BiiiCPA Authorized Certified Trainers to lead instructor-led classes. Only some Trainers (that can use their life experiences and knowledge to talk with others and motivate them to take action) may be invited.
You may be introduced to Approved Training and Certification Centers (BiiiCPA-ATCCs) to lead CBiiiPro classes around the world. This is not necessarily an opportunity for employment. The BiiiCPA has no obligation to invite all BiiiCPA Authorized Certified Trainers to lead instructor-led classes.
4. You may be invited to speak in meetings, events or conferences.
5. The association develops two web pages dedicated to lifetime members (example: www.basel-iii-association.com/Your_Name.htm).
We will add to both pages that you are a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT).
A. Verification that you are a BiiiCPA Authorized Certified Trainer, Certified Basel iii Professional Trainer (BiiiCPA-ACT / CBiiiProT).
B. Online reputation management. The global marketplace is an intensely competitive environment, where specialized knowledge is a matter of survival. You have to develop a personal competitive advantage. A personal brand.
The Qualified Employee / Median Employee Pay Ratio has changed dramatically. A personal brand could be as important as a company brand.
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Understanding Basel II - 45% discount for all 4 Basel ii distance learning and online certification programs (CBiiPro, CP2E, CP3E, CSTE)
$653 - The all inclusive cost for the following 4 Basel ii distance learning and online certification programs, instead of $12,000 - $16,000 cost per delegate for the 4 instructor-led classes
1. Certified Basel ii Professional (CBiiPro)
2. Certified Pillar 2 Expert (CP2E)
3. Certified Pillar 3 Expert (CP3E)
4. Certified Stress Testing Expert (CSTE)
In addition to the above discount, you will have a $100 discount for each of the following Basel 3 programs:
1. Certified Basel iii Professional (CBiiiPro)
2. Certified Pillar 2 Expert - Basel 3 (CP2E-B3)
3. Certified Pillar 3 Expert - Basel 3 (CP3E-B3)
4. Certified Stress Testing Expert - Basel 3 (CSTE-B3)
To learn the details you may visit: