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AIWMI CCRA-L2: Certified Credit Research Analyst Level 2 certification exam equips financial professionals with advanced knowledge and skills in credit research, risk management, and financial analysis. CCRA-L2 exam is designed for senior-level executives in the financial industry and focuses on providing an in-depth understanding of credit risk, fundamental analysis, and macroeconomic trends. Obtaining this certification offers a competitive edge in the financial industry, enabling professionals to perform complex credit analysis, assess credit risk, and develop detailed credit reports.

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The Certified Credit Research Analyst Level 2 (CCRA-L2) is a certification program designed to test an individual's advanced knowledge and skills in the field of credit research. This program is offered by the Association of International Wealth Management of India (AIWMI), which is a globally recognized organization that focuses on the development of standards and practices for the finance and investment industry.

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

AIWMI CCRA-L2 Exam Syllabus Topics:

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

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