CA NeWs Beta*: RISK MANAGEMENT CERTIFICATION BASED ON EXPERIENCE

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Friday, October 21, 2011

RISK MANAGEMENT CERTIFICATION BASED ON EXPERIENCE

Professional Experience Recognition Provision

The CRMA Professional Experience Recognition is now open to candidates living in North America or one of the 65 countries serviced by IIA Global.

What is the CRMA Professional Experience Recognition (PER) provision?
The CRMA PER is a way for individuals to obtain the CRMA designation before the CRMA exam is offered in 2013.
How does it work?
Candidates will need to submit an application form that provides detailed information regarding education, current certifications held, and professional experience within the five domains of the CRMA. Candidates will receive points for the amount of professional experience and credentials held. Candidates who obtain MORE than 150 points on the application can earn the designation prior the launch of the CRMA exam.
How does the scoring work?
To receive a CRMA designation through the PER process, candidates will need to obtain more than 150 points on the application. The application is divided into three sections (Education, Current Certifications Held, and Professional Experience). Candidates will need to submit a separate experience verification form that has been attested to by someone who is currently a certified CIA , CCSA, CFSA, CGAP, or current / former supervisor. Below is the scoring for each section.
Education - Maximum of 25 points
Associates Degree (2 year post secondary degree from a University) - 15 points
Bachelors Degree (4 year post secondary degree from a University) - 20 points
Masters Degree (6 year post secondary degree from a University) - 25 points

Current, Active Certifications Held - Maximum of 30 points
CIA or CCSA with The IIA - 30 points
Other Currently Active Certification - 20 points

Professional Experience in CRMA Domains - Maximum of 140 points
Less than 120 months experience - 100 points
Between 120 and 300 months experience - 120 points
More than 300 months - 140 points

What is the cost to apply for the CRMA PER?
The initial application fee is USD $100 which is non-refundable in the event your application is not approved. If your application is approved, the application fee will be applied to your total fee for the CRMA PER. The fees are based on multiple factors and are listed below.
Members
Non-Members
Candidate has ACTIVE CIA or CCSA certification status
USD $250 USD $400
Candidate DOES NOT have CIA or CCSA
certification status
USD $495 USD $650

Additional Resources:
CRMA FAQ Document
CRMA Professional Experience Recognition Verification Form
CRMA PER Approved for "Other Certifications"

Process for applying for the CRMA PER provision:
Log into your CCMS record add the CCMS icon to this page

Click the COMPLETE A FORM link on the left side of the screen

Select the form called CRMA / Professional Experience Recognition Form

Complete and submit the form with your non-refundable USD $100 application fee.

Download the CRMA Professional Experience Recognition Verification Form. Present your Experience Verification form to the individual(s) that will be attesting to the accuracy of your form and have them complete the attestation and sign the bottom of the form.

Submit the following documents to CRMA@theiia.org.
CRMA Professional Experience Recognition Verification Form complete with the attestation of the verifier(s)
Proof of education (if we do not already have it on file)
Proof of currently active certifications other than CIA or CCSA

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