The Risk Management Association: Credit Risk Certification

Validate your skills with the only recognized professional designation for credit and lending professionals

Why Should I Become a CRC?

In today's rapidly changing financial services industry, credit and lending professionals will continue to play a critical role in shaping the risk profile of their respective institutions. The CRC is the only recognized professional designation for credit and lending professionals, and earning it gives you added credibility among colleagues and clients alike. As a credentialed risk professional through RMA, you demonstrate a commitment to the credit risk industry and a level of industry knowledge that has been recognized by an objective, outside organization. 

Upcoming Exam Dates  

  • March 9, 2015April 18, 2015 
  • October 12, 2015—November 14, 2015

    Applications Accepted

    • Deadline for Spring 2015 window January 31, 2015
    • Deadline for Fall 2015 window August 31, 2015

    Apply Online for the exam. To apply online, log in to your account. If you do not have an online account, you may create one here.

    Applications will be available and accepted during open-application windows only. Applications submitted after the deadline will be deferred to the next exam window. 

    Applying for the RMA-CRC Exam:


    Becoming a CRC holder establishes you as a member of a respected group of CRC credential holders and provides your employer with an objective measurement of your capabilities.


    Passing the CRC exam is an indicator that a CRC holder possesses the knowledge and skills necessary to master a myriad of credit risk situations.


    The CRC provides you with a platform to network with some of the world&'s leading credit risk management professionals, expanding your professional knowledge and opportunities.

    Personal Growth

    Earning a CRC certification is a step in your own personal career growth and gives you added confidence in your skills as you pursue your short- and long-term career goals.


    Mastering the content of the CRC exam represents a commitment to the credit risk profession, and to your career overall, positioning you as a leader in the field. Attaining the CRC designation provides the feeling of personal achievement and the satisfaction of conquering a rigorous exam developed by the best credit risk practitioners.

    What Makes The CRC a Recognized Benchmark Designation?

    The CRC program measures your grasp of fundamental concepts, the application of those concepts, and the best thinking on the subject.

    To become a CRC holder, you must pass an intense multiple-choice exam and must demonstrate several years of professional work experience in the credit and lending field. Earning the right to use the CRC designation after your name demonstrates knowledge, professionalism, and dedication to the profession.

    What Does The CRC Exam Cover?

    The CRC program is developed and overseen by the CRC Council and several committees with specific operating responsibilities—i.e. leading credit risk practitioners govern all aspects of the credential, from the questions included in the exam to eligibility requirements. The CRC Exam benchmarks your knowledge of the major areas of credit risk analysis as they relate to the underwriting of a commercial borrower and guarantor.

    The CRC Exam covers a spectrum of topics:


    The Seven Areas of Credit Risk in the CRC Examination



    Content Area

    Percentage Of Exam


    Evaluating the industry, markets, and competitors



    Formulating and executing business and financial strategies



    Making accurate and timely assessment of the quality and composition of the balance sheets



    Assessing the quality and strength of cash flow to repay debt.



    Evaluation of the collateral.



    Identifying appropriate loan structure and documentation.



    Recognizing problem loans and identifying corrective actions





    Exam Quality Ensured

    RMA has selected Professional Testing Inc. (PTI) to participate in the ongoing maintenance of the RMA-CRC validation and scoring. The psychometric expertise of PTI joined with credit expertise of the RMA-CRC Council and respective governing Committees assures the continued validity, reliability, and relevance of the exam.

    About RMA's Testing Service Provider

    The RMA-CRC exam is administered by Pearson VUE. As part of Pearson, the international media company, Pearson VUE implements innovative testing solutions that enhance the performance reliability and security of licensing and certification programs throughout the world.

    For questions about the testing process, ask our RMA/VUE Contacts.

    Certification Requirements

    You may use the CRC designation after your name if you have:

    • A minimum of five years professional full-time work experience in the area of credit risk or lending or another related field including, but not limited to, loan review or regulatory agency examiner.
    • Passed the CRC Examination.
    • Completed the continuing education requirements.


    RMA Members: $495
    Nonmembers: $695

    Fee includes access to the RMA Body of Knowledge, a comprehensive text covering the fundamentals of credit risk analysis.

    Exam Times

    The CRC Exam is offered in the fall and in the spring of each year. Please check the RMA website ( for the exact dates of the test windows and for the last day when applications will be accepted.rn More about the CRC Exam

    Learn More About The CRC Exam

    Learn more about the exam for important information on the following subjects:

    • Exam Deferral Policy
    • Acceptable Form of Identification
    • Calculator Policy
    • Exam Materials Policy
    • Exam Center/Room Policy
    • Refund Policy
    • Exam Site Closing Policy
    • General CRC Examination Questions
    • CRC Registration
    • Enrollment and Registration Fees
    • CRC Exam Sites
    • Preparing for the CRC Examination
    • Taking the CRC Examination
    • After the CRC Examination
    • Work Experience Requirement
    • Membership
    • Continuing Education

    Industry Feedback

    This excerpt from a recent RMA Journal article illustrates how SunTrust and Capital One have incorporated the RMA-CRC into their training curricula.

    RMA's credit risk certification (CRC) is widely considered to be the industry's premier designation for the commercial credit professional. To date, more than 1,000 candidates have passed the CRC exam. Two banks, Capital One and SunTrust, use the RMA-CRC as an integral part of their training curriculum for experienced credit professionals.

    RMA–CRC Helps Capital One Create A Common Credit Culture

    After Capital One acquired three banks during the 2005–08 period, creating a Capital One credit culture became a priority.

    "Each bank had a long history of success in commercial banking, but each had its own culture, lending specialties, and approval process. They were very different organizations,” said Patrick Hickey, CRC, senior vice president and head of credit policy and training.

    "Since then, we've done a lot of work in Capital One to create a credit culture. We've created common credit practices, we've trained people, and we've communicated our changes and practices to get everyone on the same page,” he said.

    One piece of the framework used to create a common credit culture is RMA's credit risk certification (RMA-CRC).

    "We decided to use the CRC exam as an objective, third-party measure of a person's technical skills," Hickey said. "We're spread out from New York to Texas, so it's tough to personally assess every person in the credit chain in a timely way. We think this third-party measure allows us to jump-start that effort."

    At Suntrust, RMA-CRC Is Integrated Into Credit Training

    At SunTrust Banks, RMA's credit risk certification is embedded in the institution's comprehensive credit-training program.

    "We have an integrated approach using the credit-training materials provided by RMA," said Thomas E. Freeman, corporate executive vice president and chief risk officer. "We start by testing our lending officers and credit officers with the RMA diagnostic materials. We identify where they have shortfalls and where their skill base is substantial, and then design individual coaching and training parameters for them using training materials primarily provided by RMA.”