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To prepare for the AIWMI CCRA-L2 Certification Exam, candidates should have a strong understanding of financial statements, financial modeling, ratios and credit risk analysis. CCRA-L2 exam is divided into 3 modules, each testing a different skill set, including credit risk analysis, financial statement analysis, and macroeconomic analysis. Each module contains multiple-choice questions and is designed to be completed within a specific time frame. Candidates must achieve a minimum score of 60% in each module to earn the CCRA-L2 certification.

Reference: https://www.aiwmindia.com/designations/certified-credit-research-analyst-ccra/

AIWMI CCRA-L2 certification is a highly sought-after credential in the finance industry. It is specifically designed for professionals who wish to excel in the field of credit research and analysis. With its comprehensive scope and rigorous evaluation process, the CCRA-L2 exam is an excellent way for finance professionals to advance their careers by demonstrating their expertise in credit research and analysis.

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AIWMI CCRA-L2 (Certified Credit Research Analyst Level 2) Certification Exam is an industry-recognized designation that recognizes professionals who have a high level of proficiency in credit research and analysis. Certified Credit Research Analyst Level 2 certification is geared towards individuals who are involved in credit research, such as credit analysts, portfolio managers, and investment bankers. The CCRA-L2 certification exam covers a wide range of topics relevant to credit research and analysis, including credit ratings and classifications, financial statement analysis, and credit risk management.

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AIWMI CCRA-L2 Exam Syllabus Topics:

SectionObjectives
Topic 1: Credit Risk Models and Regulations- Credit Risk Modeling
  • 1. Risk Measurement and Capital Assessment
  • 2. Portfolio Credit Risk Models
  • 3. Probability of Default Models
- Regulatory Framework
  • 1. Debt Market Guidelines
  • 2. Basel Framework
  • 3. CRA Regulations
Topic 2: Credit Monitoring, NPA Management, Enhancement and Securitization- NPA and Stressed Asset Management
  • 1. Recovery Monitoring
  • 2. ABS/MBS Valuation
  • 3. NPA Valuation and Pricing
  • 4. CDR Mechanism
- Credit Monitoring
  • 1. Early Warning Signals
  • 2. Credit Monitoring Framework
- Credit Enhancement and Securitization
  • 1. Asset Backed Securities Ratings
  • 2. Mortgage Backed Securities Ratings
  • 3. Credit Enhancement Structures
Topic 3: Understanding and Analysis of Corporate Banking Facilities and Other Financing Forms- Specialized Lending
  • 1. Loan Against Property Analysis
  • 2. Priority Sector and Agricultural Lending
  • 3. Private Banking Credit Analysis
  • 4. ARC Perspective Analysis
  • 5. NBFC Credit Analysis
- Corporate Banking Facilities
  • 1. Treasury and Corporate Paper Analysis
  • 2. Types of Corporate Banking Facilities
  • 3. Working Capital Finance Assessment
Topic 4: Credit Strategy and Portfolio Management- Portfolio Strategy
  • 1. Multi-Asset Credit Analysis
  • 2. Market Prediction
  • 3. Credit Risk Concepts
  • 4. Emerging Market Trading Strategies
  • 5. Distressed Debt
  • 6. Systemic Risk
- Interest Rate and Credit Markets
  • 1. Interest Rate Risk Trading
  • 2. Credit Spread Trading
  • 3. Yield Curves
  • 4. Credit Spreads
Topic 5: Credit Rating – Internal and External- Credit Rating Fundamentals
  • 1. Credit Risk Management
  • 2. 5C Credit Model
  • 3. Basics of Credit Rating
  • 4. Analytical Framework for Credit Analysis
- Rating Methodologies
  • 1. Manufacturing Company Ratings
  • 2. Financial Institution and Bank Ratings
  • 3. Sovereign Ratings
  • 4. Basel Internal Rating Models
- Risk Assessment
  • 1. Financial Risk
  • 2. Business Risk
  • 3. Industry Risk
  • 4. Management Risk
  • 5. Project Risk

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