Certified Credit Risk Analyst (CCRA)

The Certified Credit Risk Analyst (CCRA) certification is a professional qualification designed to develop the knowledge and practical skills needed to identify, measure, analyze, and manage credit risk and support credit decisions in financial institutions and businesses.

The certification offers a structured approach to credit risk analysis, combining financial statement review, creditworthiness assessment, cash flow analysis, collateral evaluation, estimation of default probabilities and potential losses, and credit portfolio monitoring.

Candidates learn how to analyze financing applications, assess borrowers’ repayment capacity, identify early warning indicators, prepare evidence-based credit recommendations, and contribute to measures that reduce default risk and credit losses.

What you will learn

• Identify sources of credit risk and factors affecting the creditworthiness of individuals and businesses.
• Analyze financial statements, key financial ratios, and cash flows to assess the ability to meet financial obligations.
• Apply credit scoring and rating tools and interpret indicators of default and expected credit loss.
• Evaluate credit facilities, collateral, and contractual terms, and propose risk mitigation measures.
• Prepare clear credit reports and recommendations, monitor portfolios, and identify early warning indicators.

Curriculum

1. 01Introduction to Credit and Credit Risk
2. 02The Economic and Regulatory Environment of Credit
3. 03Financial Statement and Financial Ratio Analysis
4. 04Cash Flow Analysis and Repayment Capacity
5. 05Creditworthiness Assessment and Customer Rating
6. 06Credit Risk Measurement Tools and Models
7. 07Credit Facility Structuring and Pricing
8. 08Collateral, Covenants, and Risk Mitigation Techniques
9. 09Corporate and Industry Credit Analysis
10. 10Credit Portfolio Management and Concentration Risk
11. 11Credit Monitoring, Early Warning, and Default
12. 12Provisions and Expected Credit Losses
13. 13Credit Governance, Reporting, and Professional Ethics
14. 14Integrated Case Study in Credit Risk Analysis

Who it is for

• Professionals working in banks, financial institutions, and financing companies
• Professionals working in credit, risk management, treasury, financial analysis, auditing, and compliance departments
• Professionals involved in corporate finance and credit decision-making

Examination & CPD

All candidates must sign the APAA Code of Ethics prior to certification. See the full certification requirements.