RMA is in the final stages of developing a certification exam for credit professionals, and are currently recruiting 200 volunteers to participate in the pilot test program, up to 10 participants per bank. The test examination is designed for individuals with at least three years’ experience in the credit field, including credit analysts, commercial lenders, underwriters, etc. RMA is looking for a broad cross-section of test-takers for the pilot exam, and seeks to include people of diverse ethnicity, gender, age, and years’ experience.

The pilot exam will be held between August 23 and September 23, 2004 at testing centers convenient to participants. Prior to taking the examination, RMA recommend that participants invest 40-80 hours of preparation time reviewing the Body of Knowledge, Glossary, and Ratios provided by RMA. RMA will provide individuals in the pilot program with preparation materials and the pilot exam at NO COST. What’s more, if a participant does not pass the September exam, he or she may take it again at NO COST in spring 2005 when it is available to the public.

Many of the nation’s largest financial institutions have pledged their support for the RMA Certification process. RMA’s goal is to establish this certification as an industry standard, similar to the CPA exam in the accounting field.

If you participate in the pilot exam, you will have the unparalleled
opportunity to be among the first certified credit professionals in the country—at absolutely no cost to you or your bank. To find out how you can participate in this test program, please contact Kim Consiglio, Central Regional Executive, at (586) 939-7569.