Certificate in Risk & Compliance (CRC)

AIWMI’s Certificate in Risk & Compliance (CRC) is an industry-oriented certification program which offers a strong understanding of risk management and compliance functions within financial services sector.

This education program is suitable for experienced professionals as well as beginners who are planning for a career with Legal and Compliance departments.

Business complexity, along with increased regulatory and market scrutiny, is driving organizations to adopt a structured approach to governance, risk, and compliance (GRC). Major shifts in the role and functioning of financial services organizations over the last few years have brought about a new way to regard risk. These changes have not only brought tremendous economic growth but also a growing assembly of risk causing a fundamental change in the approach to risk management. Each year, banks and financial services organizations spend substantial part of their time and money in mitigating risk and complying with a growing set of regulatory and operational compliance requirements.

Candidates who successfully complete the Certificate in Risk & Compliance (CRC) will be able to play a key role in effectively defining, managing and monitoring the external and internal business environments thus delivering sustainability, consistency, efficiency, and transparency across governance, risk & compliance (GRC) process and organization. CRC Certificants will thus usher in a lot of benefits for the organization not just at a strategic level but also at the operational, day-to-day level.

Topics Covered:

  • Risk Management Concepts
  • Financial Markets & Products
  • Risk Measurement
  • Legal Aspects
  • Regulations
  • Compliance in Financial Institutions
  • Governance
  • Key Issues in Financial Markets

Exam Details

AIWMI offers the CRC examination across 5000+ Pearson VUE computer testing centers in 180 countries worldwide as well as on the AIWMI assessment platform. Candidates can schedule exam after paying exam fees on any working day on any of the Pearson centres or on the last Sunday of every month on the AIWMI assessment platform.

Reference Book:

  • Financial Risk Manager Handbook (FRM Part I / Part Ii) By Philippe Jorion
  • Essential Strategies for Financial Services Compliance, by Annie Mills and Peter Haines
  • Enterprise Compliance Risk Management: An Essential Toolkit for Banks and Financial Services (Wiley Corporate F&A Book 641), by Saloni Ramakrishna
  • Compliance in Banks, by Indian Institute of Banking & Finance
  • Risk Management, The New Accelerator


Sr. No. Name of Module Type of Questions Test Duration in minutes No. of Questions Maximum Marks Pass Marks (%) Negative Marking
1 Certified in Risk & Compliance (CRC) 1 Mark 180 100 200 50% No


Registration Fee for CRC Program is as given below:

Fee Regular Mode Self Study Mode Exam Mode
11800 2360
2360 2360 2360
Total 14160 4720 2360
Inclusions 1. Session notes
2. Live online tutorials
3. Past tutorial session recordings
4. Guest sessions by Thought Leaders
5. Mock test
6. Instructional PPTs
7. Refresher tutorials (3 sessions)
8. Exqualifi Membership- 1 Year
9. Complimentary pass to all AIWMI virtual conferences for 1 year
1. All tutorial session recordings
2. Session notes
3. MockTest
4. Refresher sessions (3 sessions)
1. Exam fee for one attempt

Disclaimer: The Association of International Wealth Management of India (AIWMI) is an independent entity/brand and has no relation, whatsoever, with AIWM