BiiiCPA | Online Training and Certification | Certified Stress Testing Expert - Basel 3 (CSTE-B3)

Note: Membership is not a prerequisite for obtaining certifications from the association.

Certified Stress Testing Expert - Basel 3 (CSTE-B3), distance learning and online certification program.

Overview

In the early 1990s, large international banks and financial conglomerates began using internal stress tests designed for internal risk assessments.

The 1996 amendment to the Basel Capital Accord (also known as the Market Risk Amendment) primarily focused on capital requirements. However, it introduced for the first time a regulatory requirement for banks using internal models to conduct stress testing as a supplementary risk management tool. Stress testing results did not directly affect capital charges but were used to evaluate model adequacy and risk governance.

Basel II, formally titled “International Convergence of Capital Measurement and Capital Standards: A Revised Framework”, was published by the Basel Committee on Banking Supervision (BCBS) in 2004. Stress testing is explicitly mentioned and emphasized under both Pillar 1 and Pillar 2, but is most thoroughly developed under Pillar 2.

The supervisory expectation was clear: Stress testing should be an integral part of risk management and capital planning. Banks were expected to assess their capital needs beyond the minimum requirements by identifying risks not fully captured in Pillar 1 (concentration risk, interest rate risk in the banking book) and by conducting forward-looking stress testing to evaluate potential capital shortfalls.

According to Basel II: “Institutions must have in place sound stress testing processes for use in the assessment of capital adequacy. Supervisors may require institutions to perform additional stress tests tailored to their specific risk profile.”

The 2007–2009 Global Financial Crisis revealed major weaknesses. Many institutions that claimed to be Basel II-compliant failed. Stress testing practices were shown to be inadequate, disconnected from balance sheet realities, and not forward-looking.

Basel III makes stress testing a critical tool for assessing whether a bank’s capital is sufficient not only in normal conditions but also under adverse, hypothetical scenarios.

Under Pillar 2, banks must assess their own capital needs relative to their risk profile. Stress testing is a mandatory component of the Internal Capital Adequacy Assessment Process (ICAAP). Banks must show that they hold sufficient capital not only for current exposures but also for projected stress conditions.

Under Basel II, stress testing was largely focused on individual institutions. Basel III expanded the scope to include system-wide risks, recognizing that individual solvency does not always imply systemic stability. Regulators now use stress testing to monitor interconnections between institutions, market contagion, and broader financial system vulnerabilities.

Under Basel III, stress testing is no longer viewed as a technical or compliance-driven exercise. It is a strategic governance tool that directly influences decisions around capital planning, risk appetite, contingency planning, and long-term business resilience.

Supervisors expect that the Board and executive management:

1. Understand the scenarios being tested, including their economic rationale and potential impact on key risk exposures.

2, Challenge the assumptions underlying stress testing models, including correlations, portfolio behavior, and management actions under stress.

3. Interpret the outcomes of the stress tests in the context of the institution’s business model, strategic objectives, and regulatory environment.

4. Use the results to inform major decisions such as dividend policies, share buybacks, acquisitions, or adjustments in funding and liquidity strategies.

5. Oversee remediation. If stress test outcomes reveal weaknesses in capital or liquidity positions, leadership must ensure that corrective actions are taken promptly and that these actions are aligned with the institution’s risk appetite and long-term viability.

Regulators now expect evidence of this high-level engagement. During supervisory reviews or on-site inspections, they request board minutes, and transcripts showing how stress testing results were discussed and acted upon.

Objectives

The program has been designed to provide with the knowledge and skills needed to understand the financial stress testing requirements and supervisory expectations after the Basel III framework, and to work in Basel III stress testing projects. The course provides with the skills needed to pass the Certified Stress Testing Expert - Basel 3 (CSTE-B3) exam.

Target Audience

This course is highly recommended for:

1. Risk and Compliance Management Professionals: They are directly responsible for identifying, assessing, and mitigating risks. Understanding Basel III stress testing enables them to evaluate capital and liquidity resilience under stress scenarios, ensuring alignment with regulatory expectations.

2. Project Managers: They must understand stress testing requirements to deliver compliant, timely, and resource-optimized solutions. Whether implementing new systems, data frameworks, or ICAAP enhancements, knowledge of Basel III stress testing ensures their projects support strategic and regulatory goals.

3. Internal Auditors: They evaluate the effectiveness of risk management and control systems. Familiarity with stress testing frameworks allows them to assess the quality, governance, and reliability of models, data inputs, and scenario design. This understanding is crucial for providing assurance to Boards and senior management.

4. IT and Information Security Professionals: Stress testing is based on large volumes of data, robust analytics, and secure infrastructure. IT and InfoSec teams must ensure the integrity, availability, and confidentiality of systems supporting stress testing. They also play a key role in cyber risk simulations increasingly integrated into advanced stress scenarios.

5. External Auditors: They assess regulatory capital and risk disclosures. Understanding Basel III stress testing allows them to evaluate whether stress test assumptions and results are reasonable, documented, and relevant to regulatory requirements.

6. Consultants: They must understand Basel III stress testing to guide clients on compliance, risk culture, capital optimization, and scenario development. Their ability to translate regulatory requirements into practical action plans adds strategic value, particularly during supervisory reviews.

7. Service Providers: They must align their products and services with Basel III requirements. Understanding how banks use stress testing to assess capital and liquidity helps providers deliver relevant, compliant, and scalable solutions that meet supervisory and institutional demands.

8. Legal and Corporate Governance Professionals: They must understand the regulatory implications of stress test results and ensure that Board actions are defensible, documented, and compliant with Basel III and regulatory requirements.

Course Synopsis

Part 1. Introduction.
• What is stress testing?
• What is financial stress testing?
• Scenario tests.
• A. The portfolio-driven approach.
• B. The event-driven approach.
• Sensitivity tests.
• Choosing stress-test scenarios.
• Berkowitz and stress testing.
• Regulatory stress tests.
• Micro stress tests.
• Macro stress tests.
• Stress testing scenarios based on a higher correlation environment.
• Correlation coefficient.
• Endogenous and Exogenous risks.
• Heisenberg's uncertainty principle and stress testing.
• The birth of stress testing.
• Financial Sector Assessment Programs (FSAPs).
• From the Value at Risk to Stress Testing.
• What is expected under normal market conditions.
• Expected and Unexpected Losses.

Part 2. Stress Testing and the Basel Framework.
• BIS - 72nd Annual Report, lessons learned from a previous crisis.
• BIS - 79th Annual Report.
• Stress-testing methodologies from the BIS.
• Principles for sound stress testing practices and supervision, BIS.
• Use of stress testing and integration in risk governance.
• Stress testing methodologies.
• Basel Committee, Consultative Document, Stress testing principles, December 2017.
• 1. Stress testing frameworks should have clearly articulated and formally adopted objectives.
• 2. Stress testing frameworks should include an effective governance structure.
• 3. Stress testing should be used as a risk management tool and to inform business decisions.
• 4. Stress testing frameworks should capture material and relevant risks and apply stresses that are sufficiently severe.
• 5. Resources and organisational structures should be adequate to meet the objectives of the stress testing framework.
• 6. Stress tests should be supported by accurate and sufficiently granular data and by robust IT systems.
• 7. Models and methodologies to assess the impacts of scenarios and sensitivities should be fit for purpose.
• 8. Stress testing models, results and frameworks should be subject to challenge and regular review.
• 9. Stress testing practices and findings should be communicated within and across jurisdictions.
• Comparison of current principles and proposed new principles.

Part 3. Stress testing, implementation differences in the USA.
• The Supervisory Capital Assessment Program (SCAP).
• The Dodd‐Frank Act stress tests (DFAST).
• The Comprehensive Capital Analysis and Review (CCAR).
• Supervisory guidance on Stress Testing for banking organizations with more than $10 billion in total consolidated assets.
• The principles.
• Stress testing approaches and applications.
• Stress testing for assessing the adequacy of capital and liquidity.
• Governance and Controls.
• Policy Statement on the Scenario Design Framework for stress testing.
• Dodd-Frank Act Stress Tests (DFAST).
• The adverse and severely adverse scenarios.
• The baseline scenario.
• Process, 2017 Comprehensive Capital Analysis and Review (CCAR).
• Scenarios for the 2017 CCAR.
• Qualitative Assessments.
• Quantitative Assessments.
• Mitigating weaknesses in Basel III's measurement of risk.
• Important remarks from Daniel K. Tarullo, Ben S. Bernanke, Larry D. Wall.
• Dodd-Frank Act Stress Testing Rules, February 2018.

Part 4. Stress testing, implementation differences in the EU.
• The European Union: Intergovernmentalism, supranationalism, the unique nature.
• The decision-making triangle.
• The new European financial supervisory architecture.
• Capital Requirements Directive, Capital Requirements Regulation.
• CEBS Guidelines on Stress Testing.
• Guideline 1 to guideline 22.
• EU-wide stress testing.
• The European Banking Authority (EBA) and stress testing.
• 2018, EU-wide stress test.
• 2016, EU-wide stress test.

Part 5. Stress testing, implementation differences in the UK.
• The Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA).
• The Bank of England’s concurrent stress-testing framework.
• The annual cyclical scenarios (ACS).
• Types of banking stress testing.
• The Bank of England’s approach to stress testing.

Closing remarks.

Become a Certified Stress Testing Expert - Basel 3 (CSTE-B3).

We will send the program up to 24 hours after the payment. Please remember to check your spam or junk folder, as emails with attachments may occasionally be filtered there.

You are entitled to a full refund within 60 days of your payment. If you decide not to proceed with any of our programs or services for any reason, simply send us an email — we’ll process your refund with no questions asked.

Payments are processed by our strategic partner and service provider, Cyber Risk GmbH (Dammstrasse 16, 8810 Horgen, Switzerland, registered in the Commercial Register of the Canton of Zürich, Company Number: CHE-244.099.341).

The all-inclusive price is $297 (one time fee). There is no additional cost, now or in the future, for this program.

First option: You can purchase the Certified Stress Testing Expert - Basel 3 (CSTE-B3) program with VISA, MASTERCARD, AMEX, Apple Pay, Google Pay etc.

Purchase the CSTE-B3 program here with VISA, MASTERCARD, AMEX, Apple Pay, Google Pay etc.

Second option: QR code payment.

i. Open the camera app or the QR app on your phone.

ii. Scan the QR code and possibly wait for a few seconds.

iii. Click on the link that appears, open your browser, and make the payment.

Third option: You can purchase the Certified Stress Testing Expert - Basel 3 (CSTE-B3) program with PayPal

What is included in the price:

A. The official presentations (956 slides)

The presentations are effective and appropriate to study online or offline. Busy professionals have full control over their own learning and are able to study at their own speed. They are able to move faster through areas of the course they feel comfortable with, but slower through those that they need a little more time on.

B. Up to 3 online exam attempts per year

Candidates must pass only one exam to become Certified Stress Testing Experts - Basel 3 (CSTEs-B3). If they fail, they must study the official presentations and retake the exam. Candidates are entitled to 3 exam attempts every year.

If candidates do not achieve a passing score on the exam the first time, they can retake the exam a second time.

If they do not achieve a passing score the second time, they can retake the exam a third time.

If candidates do not achieve a passing score the third time, they must wait at least one year before retaking the exam. There is no additional cost for any additional exam attempts.

To learn more, you may visit:

https://www.basel-iii-association.com/Questions_About_The_Certification_And_The_Exams_1.pdf

https://www.basel-iii-association.com/Certification_Steps_CSTE_B3.pdf

C. The Certificate, with a scannable QR code for verification.

You will receive your certificate via email in Adobe Acrobat format (pdf), with a scannable QR code for verification, 7 business days after you pass the exam. A business day refers to any day in which normal business operations are conducted (in our case Monday through Friday), excluding weekends and public holidays.

D. One of the web pages of the Basel iii Compliance Professionals Association (BiiiCPA) dedicated to you (basel-iii-association.com/Your_Name.htm).

When third parties scan the QR code on your certificate, they will visit the web page of the Basel iii Compliance Professionals Association (BiiiCPA) that is dedicated to you. They will be able to verify that you are a certified professional, and your certificates are valid and legitimate.

In this dedicated web page we will have your name, the certificates you have received from us, pictures of your certificates, and a picture of your lifetime membership certificate if you are a lifetime member.

Example:

https://www.basel-iii-association.com/John_Anderson.htm

Professional certificates are some of the most frequently falsified documents. Employers and third parties need an easy, effective, and efficient way to check the authenticity of each certificate. QR code verification is a good response to this demand.

Frequently Asked Questions

1. I want to know more about the Basel iii Compliance Professionals Association (BiiiCPA).

The Basel iii Compliance Professionals Association (BiiiCPA) is the largest association of Basel iii Professionals in the world. It is a business unit of the Basel ii Compliance Professionals Association (BCPA), the largest association of Basel ii Professionals in the world.

The BiiiCPA is wholly owned by Compliance LLC, a company incorporated in Wilmington, NC, and offices in Washington, DC, a provider of risk and compliance training and certification in 57 countries.

Several business units of Compliance LLC are very successful associations that offer standard and lifetime membership, weekly or monthly updates, training, certification, Authorized Certified Trainer (ACT) programs, interest representation, and other services to their members. The business units of Compliance LLC include:

- The Sarbanes-Oxley Compliance Professionals Association (SOXCPA), the largest Association of Sarbanes-Oxley professionals in the world. You may visit: https://www.sarbanes-oxley-association.com

- The Solvency II Association, the largest association of Solvency II professionals in the world. You may visit: https://www.solvency-ii-association.com

- The International Association of Risk and Compliance Professionals (IARCP). You may visit: https://www.risk-compliance-association.com

The Certified Risk and Compliance Management Professional (CRCMP) certificate, from the IARCP, has become one of the most recognized certificates in risk management and compliance. There are CRCMPs in 57 countries. Companies and organizations around the world consider the CRCMP a preferred certificate.

You can find more about the demand for CRCMPs at: https://www.risk-compliance-association.com/CRCMP_Jobs_Careers.pdf

2. Does the association offer training?

A. Distance learning and online certification programs.

1. Certified Basel iii Professional (CBiiiPro). To learn more, you may visit: https://www.basel-iii-association.com/Basel_III_Distance_Learning_Online_Certification.html

2. Certified Pillar 3 Expert - Basel 3 (CP3E-B3). To learn more, you may visit: https://www.basel-iii-association.com/CP3E_B3_Distance_Learning_Online_Certification.html

3. Certified Stress Testing Expert - Basel 3 (CSTE-B3). To learn more, you may visit: https://www.basel-iii-association.com/CSTE_B3_Distance_Learning_Online_Certification.html

B. Instructor-led training.

For instructor-led training, you may contact Lyn Spooner at: lyn@basel-iii-association.com

3. Is there any discount available for the distance learning programs?

To keep our programs as affordable as possible for all members, we do not offer a discount on the first program. However, you will receive a $100 discount on your second and every subsequent program.

For example, if you purchase the Certified Basel iii Professional (CBiiiPro) program at $297, you can purchase:

1. The Certified Pillar 3 Expert - Basel 3 (CP3E-B3) program at $197 (instead of $297).

2. The Certified Stress Testing Expert - Basel 3 (CSTE-B3) program at $197 (instead of $297).

3. The Certified Risk and Compliance Management Professional (CRCMP) program at $197 (instead of $297),

4. The Certified Information Systems Risk and Compliance Professional (CISRCP) program at $197 (instead of $297),

5. The Certified Cyber (Governance Risk and Compliance) Professional - CC(GRC)P program at $197 (instead of $297),

6. The Certified Risk and Compliance Management Professional in Insurance and Reinsurance - CRCMP(Re)I program at $197 (instead of $297),

To find more about programs 3 to 6 above, you may visit the International Association of Risk and Compliance Professionals (IARCP) at: https://www.risk-compliance-association.com/Distance_Learning_and_Certification.htm

Lifetime members can purchase each of the distance learning and online certification programs at $148, instead of $297.

Cyber Risk GmbH (Dammstrasse 16, 8810 Horgen, Switzerland, CHE-244.099.341), acting as a strategic partner and authorized service provider of the BiiiCPA, extends a $100 discount on each of the online training programs listed below to individuals who have previously enrolled in any online training program offered by the BiiiCPA. This special offer is designed to support your continued growth and professional development.

1. NIS 2 Directive Trained Professional (NIS2DTP)

2. Digital Operational Resilience Act Trained Professional (DORATPro)

3. Critical Entities Resilience Directive Trained Professional (CERDTPro)

4. Data Act Trained Professional (DataActTPro)

5. Data Governance Act Trained Professional (DatGovActTP)

6. European Chips Act Trained Professional (EChipsActTPro)

7. Digital Services Act Trained Professional (DiSeActTPro)

8. Digital Markets Act Trained Professional (DiMaActTPro)

9. Artificial Intelligence Act Trained Professional (AIActTPro)

To receive the URL for the discounted rate, please email us with the subject line: "Request for Discounted Program URL."

In the email, please let us know:

a. Which was the name and email address of the person or legal entity that had purchased the program from the BiiiCPA.

b. Which is the program you want to purchase now at $197 instead of $297.

You will receive the URL for the discounted price for your second and subsequent programs within 48 hours (business days).

4. Are your training and certification programs vendor neutral?

Yes, absolutely. All of our training and certification programs are completely vendor-neutral. This means we do not promote or rely on any specific tools, products, or service providers. Instead, we focus on universally applicable concepts, frameworks, and best practices that are recognized across the industry. Our goal is to provide participants with knowledge and skills that are transferable to any organization or environment, regardless of the technologies or vendors they use. By staying independent from vendors, we ensure that our programs remain objective, practical, and relevant to a wide range of roles and sectors.

5. Are there any entry requirements or prerequisites required for enrolling in the training programs?

There are no entry requirements or prerequisites for enrollment in our programs. We believe that learning should be accessible to everyone, regardless of their background, academic credentials, or professional experience. In contrast to providers that set stringent prerequisites or entry barriers, our approach prioritizes accessibility and openness. We do not believe that the opportunity to learn and grow should be limited by prior qualifications. Whether you're just beginning your career, changing paths, or expanding your expertise, our programs are designed to support individuals at all levels. Each course provides a clear and structured learning path, allowing individuals at all levels to gain valuable insights, and build practical skills. Our approach empowers motivated learners from different industries and career stages to gain value and opportunity from the program.

6. I want to learn more about the exam.

You can take the exam online from your home or office, in all countries.

It is an open book exam. Risk and compliance management is something you must understand and learn, not memorize. You must acquire knowledge and skills, not commit something to memory.

You will be given 90 minutes to complete a 35-question exam. You must score 70% or higher.

The exam contains only questions that have been clearly answered in the official presentations.

All exam questions are multiple-choice, composed of two parts:

a. A stem (a question asked, or an incomplete statement to be completed).

b. Four possible responses.

In multiple-choice questions, you must not look for a correct answer, you must look for the best answer. Cross out all the answers you know are incorrect, then focus on the remaining ones. Which is the best answer? With this approach, you save time, and you greatly increase the likelihood of selecting the correct answer.

TIME LIMIT - This exam has a 90-minute time limit. You must complete this exam within this time limit, otherwise the result will be marked as an unsuccessful attempt.

BACK BUTTON - When taking this exam you are NOT permitted to move backwards to review/change prior answers. Your browser back button will refresh the current page instead of moving backward.

RESTART/RESUME – You CANNOT stop and then resume the exam. If you stop taking this exam by closing your browser, your answers will be lost, and the result will be marked as an unsuccessful attempt.

SKIP - You CANNOT skip answering questions while taking this exam. You must answer all the questions in the order the questions are presented.

We do not send sample questions or past exams. If you study the presentations, you can score 100%.

When you are ready to take the CBiiiPro exam, you must follow the steps: https://www.basel-iii-association.com/Certification_Steps_CBiiiPro.pdf

When you are ready to take the CP3E-B3 exam, you must the steps: https://www.basel-iii-association.com/Certification_Steps_CP3E_B3.pdf

When you are ready to take the CSTE-B3 exam, you must follow the steps: https://www.basel-iii-association.com/Certification_Steps_CSTE_B3.pdf

7. How comprehensive are the presentations? Are they just bullet points?

The presentations are not collections of bullet points, they are thoughtfully structured, in-depth learning materials designed to provide clear explanations, context, and real-world relevance. Unlike slide decks that rely on brief summaries, our presentations guide you through each concept in a comprehensive and engaging manner. They are highly effective for both online and offline study, making them ideal for professionals who value substance and flexibility in their learning experience.

8. Do I need to buy books to pass the exam?

No. If you study the presentations, you can pass the exam. All the exam questions are clearly answered in the presentations. If you fail the first time, you must study more. You can:

- Highlight key terms and sections to help you focus during review.
- Add digital sticky notes (just like Post-it notes) anywhere in the document to remind yourself where specific answers or explanations are.
- Underline or circle text using freehand drawing tools.
- Add bookmarks to easily navigate to important sections.
- Search each document using keywords to quickly find what you need.

9. Is it an open book exam? Why?

Yes, it is an open book exam. Risk and compliance management is a field that requires deep understanding, critical thinking, and the ability to apply principles in real-world situations, not simply the ability to memorize facts. The goal of our certification programs is to help you build lasting knowledge and practical skills that you can confidently use in your professional role.

In real-life scenarios, risk and compliance professionals have access to regulations, frameworks, and reference materials, and are expected to use them thoughtfully. Our open book exam reflects this reality by assessing your comprehension and ability to apply what you've learned, rather than testing your memory.

10. Do I have to take the exam soon after receiving the presentations?

No, there is no set exam date, you may take the exam at any time that suits you. Your account will not expire. Any future updates to the training materials will be made available to you at no cost.

The Association reserves the right to amend the General Terms and Conditions (GTC) at any time. Any changes will become effective upon publication on the website of the association, and will apply exclusively to training programs purchased after the date of modification.

For our distance learning and online certification programs, the General Terms and Conditions in effect at the time of purchase shall apply for a period of eighteen (18) months from the date of payment. If a participant does not pass the exam within this 18-month period, access to the program will remain valid, and the participant may take the exam at a later date. In such cases, however, the participant shall be subject to the General Terms and Conditions in force at the time the exam is taken.

11. Do I have to spend more money in the future to remain certified?

No. Your certificate is issued with lifetime validity and does not expire. There are no renewal fees, no hidden costs, and no requirement to retake the exam in the future. Once certified, you remain certified.

12. Ok, the certificate never expires, but what about changes in the field?

Things do change. While many organizations introduce mandatory recertification as a recurring revenue stream, we’ve taken a different approach. Although we were advised to "introduce multiple recurring revenue streams to keep business flowing", we made a conscious decision to prioritize long-term value for our members over short-term profit. That’s why no recertification is required for our programs.

Instead, we are committed to keeping you informed and up to date, at no cost. We invite you to visit the Association’s Reading Room each month and explore our newsletter, where you’ll find valuable insights, regulatory updates, timely alerts, and new opportunities. This ongoing access ensures you remain current and well-informed in a dynamic and constantly evolving field.

13. How many hours do I need to study to pass the exam?

You must study the presentations at least twice, to ensure you have learned the details. The average time needed is:

- 42 hours for the CBiiiPro program,
- 17 hours for the CP3E-B3 program,
- 33 hours for the CSTE-B3 program.

This is the average time needed. There are important differences among members.

14. I want to receive a printed certificate. Can you send me one?

Unfortunately this is not possible. You will receive your certificate via email in Adobe Acrobat format (pdf), with a scannable QR code for verification, 7 business days after you pass the exam. A business day refers to any day in which normal business operations are conducted (in our case Monday through Friday), excluding weekends and public holidays.

The association will develop a dedicated web page for each certified professional (https://www.basel-iii-association.com/Your_Name.html). In your dedicated web page we will add your full name, all the certificates you have received from the association, and the pictures of your certificates.

When third parties scan the QR code on your certificate, they will visit your dedicated web page, and they will be able to verify that you are a certified professional, and your certificates are valid and legitimate.

You can print your certificate that you will receive in Adobe Acrobat format (pdf). With the scannable QR code, all third parties can verify the authenticity of each certificate in a matter of seconds.

15. Which is the refund policy?

The association maintains a clear and customer-friendly refund policy. You are entitled to request a full refund within 60 days of your payment, no questions asked. If, for any reason, you decide that one of our programs or services is not right for you, simply send us an email within this 60-day window.

Once we receive your request, we will process your refund within one business day. There are no forms to fill out, no explanations required, and no delays. Our goal is to provide a risk-free and stress-free experience.

16. Why should I get certified, and why should I choose your certification programs?

1. Global Recognition: The Basel iii Compliance Professionals Association (BiiiCPA) is the largest association of Basel iii Professionals in the world. It is a business unit of the Basel ii Compliance Professionals Association (BCPA), the largest association of Basel ii Professionals in the world.

2. Flexible and Convenient Learning: Our training programs are designed with flexibility in mind. Participants can access course materials and complete the certification exam anytime, from anywhere. This is especially beneficial for professionals with demanding schedules who need to learn at their own pace.

3. Affordable, All-Inclusive Pricing: Each program is offered at a low, all-inclusive price. There are no hidden fees or additional costs, now or in the future, for any reason.

4. Discounts on Additional Programs: When you enroll in a second program, you receive a $100 discount. This means the all-inclusive cost for your second (and every additional) program is $197 (compared to the regular price of $297). There are no hidden fees or recurring charges. This discount is our way of supporting your continued professional development.

5. Multiple Exam Attempts Included: Each program includes up to three exam attempts per year at no additional cost, as outlined above.

6. No Recertification Required: Your certificates are issued with lifetime validity. No recertification is required, and your credentials will not expire.

7. Potential for Career Advancement and Industry Recognition: There is a clear and growing demand for qualified professionals in risk and compliance management. Certified individuals are often recognized by employers, may enjoy broader career opportunities, and may be preferred for promotions or new roles. Earning a professional certification demonstrates your commitment to continuous learning and your active engagement in a global community of experts.

However, it’s important to note that no certificate, regardless of its reputation, can guarantee a new or better job. Career advancement depends on many factors, including supply and demand, market conditions, and timing. Certification is a valuable asset, but it is only one part of a larger professional development journey.

8. The fit and proper requirement in regulations: Firms and organizations hire and promote fit and proper professionals who can provide evidence that they are qualified. Employers need assurance that managers and employees have the knowledge and skills needed to mitigate risks and accept responsibility. Supervisors and auditors ask for independent evidence that professionals are qualified, and that controls can operate as designed, because the persons responsible for these controls have the necessary knowledge and experience.

9. Increased Earning Potential: Professionals who invest in gaining new skills and recognized certifications may become eligible for higher-paying roles. Training and ongoing professional development may significantly enhance your earning potential and contribute to long-term career success. However, it’s important to understand that increased earnings are not guaranteed. Compensation and career advancement depend on various factors. Certification is a valuable tool, but not a guarantee on your path to career growth.