Professional Credit Certification (PCC)

Why Choose Professional Credit Certification (PCC)?


Leading credit specialisation

The Professional Credit Certification (PCC) is a modular programme for banking professionals who seek to equip themselves with the skills, knowledge and tools to advance in the demanding and rapidly changing field of credit management. By dedicating time and effort to complete PCC, you will be demonstrating your commitment towards attaining the highest standards of becoming a credit professional.

  • Academic learning with hands-on operational elements
  • Developed by Malaysian credit experts for local insights and practice
  • Clear education pathway from entry to senior credit professionals
  • Choose modules based on career aspirations
  • Flexible online programme with optional classroom support


Learning Outcomes


The overall aim of the programme is to provide you with the knowledge and skills for an end-to-end credit management process. Upon completion of the programme, you will demonstrate a sound understanding to undertake advanced credit roles and responsibilities. PCC provides you with the recognition as a credit specialist, proving that your competency, skills and knowledge in credit are up-to-date, giving you the recognition and reputation as a credit specialist.

PCC Education Pathway


LEVEL 1
CERTIFIED CREDIT EXECUTIVE (CCE)

Certified Credit Executive provides you with a strong skill set for undertaking credit roles and responsibilities within a guided environment or policy framework.

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Who is it for?

Entry level executives in the banking industry aspiring to work in credit function.

Upon successfully completing 4 modules:

Receive Certified Credit Executive Certificate
Advance to Level 2, Retail Credit Professional OR Business Credit Professional

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Standard Route (Enrolment)
    • Holds a diploma or equivalent or higher-level qualification
    • Students in their final year of study of a degree programme
  • Accelerated Route (Exemption)
    • Exemptions will be considered for the Certified Credit Executive modules (for relevant subject) based on prior learning and work experience in a banking institution

LEVEL 2
RETAIL CREDIT PROFESSIONAL (RCP)

Retail Credit Professional expands your competence in credit skills and judgement with specialisation in retail credit.

Who is it for?

Banking professionals with several years of experience in credit.

Upon successfully completing 4 modules:

Receive Retail Credit Professional Certificate
Retail Credit Professional Pathway ends here

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Standard Route (Enrolment)
    • Completed Certified Credit Executive
  • Accelerated Route (Exemption)
    • Exemptions will be considered for the Certified Credit Executive modules and Business Credit Professional or Retail Credit Professional modules (for relevant subject) based on prior learning and work experience in a banking institution

OR

LEVEL 2
BUSINESS CREDIT PROFESSIONAL (BCP)

Business Credit Professional expands your competence in credit skills and judgement with specialisation in business credit.

Who is it for?

Banking professionals with several years of experience in credit.

Upon successfully completing 4 modules:

Receive Business Credit Professional Certificate

Membership Requirement – Candidates are required to be Individual Members of AICB.

  • Standard Route (Enrolment)
    • Completed Certified Credit Executive
  • Accelerated Route (Exemption)
    • Exemptions will be considered for the Certified Credit Executive modules and Business Credit Professional or Retail Credit Professional modules (for relevant subject) based on prior learning and work experience in a banking institution
Transitional Arrangement for Current CCP Candidates Download

Level 1: Certified Credit Executive (CCE)

Apply Now


Syllabus Structure
Complete all 4 modules in the following sequence:
– CCE 1 / CCE 2 (no sequence in these 2 modules)
– CCE 3 (after completing CCE 1 and CCE 2)
– CCE 4 (after completing CCE 3)

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CCE 1
The Malaysian Financial System, Regulations and Ethics
1. The Malaysian Financial System
2. Laws and Regulations in Malaysian Banking
3. Ethics and Corporate Governance
CCE 2
Basic Credit Skills
1. Principles of Lending
2. The Credit Risk Assessment Framework
3. The CAMPARI Framework
4. Borrowers and their Legal Status
5. Credit Information and Its Verification
6. Loan and Securities Documentation
7. Landed Securities and Credit Support
8. Guarantees and Indemnities
CCE 3
Basic Accounting and Financial Statement Analysis
1. General Accounting Principles and Policies
2. Understanding Financial Statements
3. Quantitative Analysis of Financial Statements
4. Qualitative Aspects of Financial Statement Analysis
CCE 4
Credit Writing Skills
1. Overview of Report Writing
2. Language and Writing Styles
3. Introducing Credit Report Writing
4. Context of Credit Report Writing
5. Preliminary Sections and Introduction
6. Main Body of Discussion for a New Lending Proposal
7. Main Body of Discussion for Annual Review and Special Cases
8. Summarisation
9. Conclusions and Recommendations

Level 2: Retail Credit Professional (RCP)

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Syllabus Structure
Complete all 4 modules in the following sequence:
– RCP 1 / RCP 2 (no sequence in these 2 modules)
– RCP 3 / RCP 4 (no sequence in these 2 modules)

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RCP 1
Credit Environment and the Lending Process
1. Retail Lending Environment
2. Marketing and Business Development
3. Credit Information and Verification
4. Credit Evaluation and Structuring
5. Security Documentation and Support
6. Loan Disbursement
RCP 2
Consumer Lending Products and Services
1. Consumer Credit
2. Property Financing
3. Investment Financing
4. Hire-Purchase and Leasing
RCP 3
 Lending to Small Business
1. Small and Medium Enterprise Lending
2. Evaluation of SME Applications
3. Financial Assessment
4. Lending Products for SMEs
RCP 4
Loan Portfolio Management
1. Loan Monitoring
2. Loan Collection and Recovery
3. Account Management

Level 2: Business Credit Professional (BCP)

Apply Now


Syllabus Structure
Complete all 4 modules in the following sequence:
– BCP 1 / BCP 2 (no sequence in these 2 modules)
– BCP 3 / BCP 4 (no sequence in these 2 modules)

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BCP 1
Credit Analysis
1. Business Credit Analysis
2. Structure of Business Financing
3. Qualitative Risk Analysis
4. Components of Credit Risk
5. Competitive Strategies of Borrowers
6. Risk Identification Using SWOT Analysis
7. Risk Identification Using PEST Analysis
8. Risk Identification Using Asset Conversion Cycle
BCP 2
Advanced Financial Analytical Techniques
1. Advanced Financial Statement Analysis
2. Consolidated and Group Financial Statements
3. Financial Reporting and Accounting Standards
4. Financial Forecasting and Modelling
BCP 3
Loan Structuring and Legal Documentation
1. Loan Structuring
2. The Loan Agreement
3. Covenants in Loan Documentation
4. Property Security and Its Documentation
5. Debentures
6. Fixed Deposits
7. Shares and Unit Trusts
8. Standby Letters of Credit
9. Other Forms of Security
10. Other Credit Support and Documentation
BCP 4
Loan Monitoring, Rehabilitation and Recovery
1. Managing the Loan Portfolio
2. Identification of Warning Signs
3. Causes of Business and Credit Failure
4. Loan Rehabilitation and Business Recovery
5. Loan Recovery and Workouts

Programme Fees (Inclusive 6% GST)


Level Published Price
(RM) per module
2017 Price
(RM) per module
Exam Re-sit Fee
(RM)
Certified Credit Executive 1,200 789 265
Retail Credit Professional 1,800 1,001 265
Business Credit Professional 1,800 1,001 265

Professional Credit Certification Education Pathway


STANDARD ROUTE – ENROLMENT

a) In order to enrol as a candidate for each level of the Professional Credit Certification (PCC) Education Pathway, an applicant must satisfy the following requirements:

Must be current AICB individual member
Qualification Certified Credit Executive Business Credit Professional OR Retail Credit Professional
Entry Requirement Diploma or equivalent OR Enrolled in final year study of a degree programme.

The Institute may consider on a case-by-case basis, candidate who does not meet the minimum education requirements set out above but have acquired at least 3 years of relevant work experience in the banking and financial services industry.

Completed Certified Credit Executive

ACCELERATED ROUTE – EXEMPTION


  1. The Institute will consider granting exemption from modules or parts of a qualification based on prior learning and/or relevant credit experience in the banking and financial services industry and is a concession granted at the discretion of the Institute and not an automatic entitlement. A formal application for exemption must be made.
  2. Relevant credit experience should be in credit appraisal, credit approval or credit review (audit).
  3. Every application for exemption will be considered on an individual basis and the exemptions granted will be based on the applicant’s qualifications and work experience which will differ from one applicant to another.
  4. Candidates who are granted exemption from specific level(s) or module(s) or part(s) of a qualification will be able to enrol for the level/part of the qualification as is determined by the Institute.
  5. Granting exemption is the prerogative of the Institute and the Institute reserves the right to change its exemption policy and criteria at any time.
  6. Exemptions will be considered for the Certified Credit Executive modules, Retail Credit Professional modules and Business Credit Professional modules.
  7. A candidate is required to apply for exemption(s) at the time of qualification enrolment prior to registration for the first module of the chosen qualification. Applications made thereafter will not be considered.
  8. The Institute will only consider completed qualifications for purposes of exemption. Partially completed qualifications or subject passes are not acceptable.
  9. Qualifications submitted for exemption purposes must be awarded by universities/higher education institutions recognised by the awarding country’s Ministry of Higher Education or equivalent authority or the National Qualification Accreditation Agencies.
  10. Malaysian qualifications should be listed in the Malaysian Qualifications Register or in the Finance Accreditation Agency (FAA) website.
  11. For banking/credit/accounting qualifications from education institutions or professional bodies, applicants should have a minimum of 3 years’ credit work experience as approved by the Institute.
  12. For other qualifications, applicants should have a minimum of 5 years’ credit work experience as approved bythe Institute.
  13. For qualifications awarded by the Institute, applicants should have a minimum of 3 years’ credit work experience as approved by the Institute.

Refer to the below chart which provides a guide on possible exemptions based on the type of qualifications and years of banking work experience. The exemptions granted may vary from applicant to applicant based on each applicant’s combination of qualifications and work experience.

PCC-exemption2

EXEMPTION FEE


  1. Applicants for exemption from any module or part of a qualification will be required to pay the following fees:
    FEE AMOUNT
    Exemption application fee RM100 per application
    Module exemption fee RM250 per module
  2. The exemption application fee is payable upon submission of the application for exemption and is non-refundable regardless of the outcome of the application.
  3. The module exemption fee is payable for each module for which exemption is awarded and payment is to be made upon approval of such exemption.

APPROVAL


  1. All applications for enrolment as a candidate for any AICB qualification or exemptions will be processed in accordance with the requirements set out in the regulations and the applicants may be contacted in case additional information is required.
  2. Applicants will be informed of the Institute’s decisions within 10 working days from date of application (upon receipt of full and complete documentation) for qualifications and experience already assessed.
  3. Where the applicant’s qualifications have not been previously assessed by the Institute, the processing time will be longer.
  4. Candidates will be informed in writing of the Institute’s decision via email.

Certified Credit Executive (CCE)


(a) Examination Format
  CCE 1, CCE2 & CCE 3 CCE 4
Question Format Multiple-choice questions (MCQs) MCQs & 2 descriptive questions (1 business credit case + 1 consumer credit case)
No. of Questions 60 20 MCQs + 2 descriptive questions
Duration of Exam 1.5 hours 2.5 hours
Pass Mark 75% 60%
Examination Type Closed book. Question paper is collected and returned after the examination. Closed book. Question paper is collected and returned after the examination
(b) Grade Bands

Results will be expressed in grade bands as follows:

CCE 1, CCE 2 and CCE 3

Grade Band Marks
Pass 75%  & above
Fail 1 65% – 74%
Fail 2 50% – 64%
Fail 3 30% – 49%
Fail 4 29%  & below

CCE4

Grade Band Marks
Pass 60%  & above
Fail 1 50% – 59%
Fail 2 40% – 49%
Fail 3 30% – 39%
Fail 4 29%  & below
(c) Time Limit

A candidate must successfully complete all the four modules in CCE within three years of enrolment for the qualification failing which any module passes gained will be nullified.

(d) Award Requirements

Candidates must pass all four modules within three years to be awarded the Certified Credit Executive award. Upon achieving the award, candidates may progress to enrol for either the Retail Credit Professional qualification or the Business Credit Professional qualification.

 

Retail Credit Professional (RCP) and Business Credit Professional (BCP)


(a) Examination Format
Question Format Independent multiple-choice questions (MCQs) and case-based /caselet based MCQs
No. of Questions 80
Duration of Exam 3 hours
Pass Mark 60%
Examination Type Closed book.
Question paper is collected and returned after the examination.
(b) Grade Bands

Results will be expressed in grade bands as follows:

Grade Band Marks
Distinction 80% and above
Pass 60% – 79%
Fail 59% and below
(c) Time Limit

A candidate must successfully complete all the four modules in RCP or BCP within three years of enrolment for the respective qualification failing which any module passes gained will be nullified.

(d) Award Requirements

Candidates must pass all four modules in RCP or BCP within the time limit to be awarded the Retail Credit Professional or Business Credit Professional qualifications.

Certified Credit Executive (CCE)

Print
EXAM ACTIVITY SCHEDULE 2017 EXAM SITTING
APRIL 2017 AUGUST 2017 NOVEMBER 2017
Request for Exemption Closing Date 6 Jan 2017 (Friday) 7 Apr 2017 (Friday) 30 Jun 2017 (Friday)
Enrolment Closing Date (New Applicant) 3 Feb 2017 (Friday) 9 Jun 2017 (Friday) 25 Aug 2017 (Friday)
Last Day to Register for Exam (With Payment / LND Approval) 3 Mar 2017 (Friday) 7 Jul 2017 (Friday) 29 Sep 2017 (Friday)
Exam Dates 1 Apr 2017 (Saturday) 5 Aug 2017 (Saturday) 4 Nov 2017 (Saturday)
Exam Time 9.30am – 11.00am
The Malaysian Financial System, Regulations and Ethics (CCE 1)

1.00pm – 2.30pm
Basic Credit Skills (CCE 2)

9.30am – 11.00am
Basic Accounting and Financial Statement Analysis (CCE 3)

1.00pm – 3.30pm
Credit Writing Skills (CCE 4)

Exam Result Release 26 May 2017 (Friday) 21 Sep 2017 (Thursday) 19 Jan 2018 (Friday)

 

Disclaimer:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  2. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
  3. Candidates are required to complete their qualification enrolment with AICB before registering for training workshops with Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.

Business Credit Professional (BCP)


EXAM ACTIVITY SCHEDULE 2017 EXAM SITTING
APRIL 2017 NOVEMBER 2017
Request for Exemption Closing Date 6 Jan 2017 (Friday) 30 Jun 2017 (Friday)
Enrolment Closing Date (New Applicant) 3 Feb 2017 (Friday) 25 Aug 2017 (Friday)
Last Day to Register for Exam (With Payment / LND Approval) 3 Mar 2017 (Friday) 29 Sep 2017 (Friday)
Exam Dates 8 Apr 2017 (Saturday) 11 Nov 2017 (Saturday)
Exam Time 9.30am – 12.30pm
Credit Analysis (BCP 1)

2.00pm – 5.00pm
Advanced Financial Analytical Techniques (BCP 2)

9.30am – 12.30pm
Loan Structuring and Legal Documentation (BCP 3)

2.00pm – 5.00pm
Loan Monitoring, Rehabilitation and Recovery (BCP 4)

 Exam Result Release 26 May 2017 (Friday) 19 Jan 2018 (Friday)

 

Disclaimer:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  2. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
  3. Candidates are required to complete their qualification enrolment with AICB before registering for training workshops with Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.

Retail Credit Professional (RCP)


EXAM ACTIVITY SCHEDULE 2017 EXAM SITTING
APRIL 2017 NOVEMBER 2017
Request for Exemption Closing Date 6 Jan 2017 (Friday) 30 Jun 2017 (Friday)
Enrolment Closing Date (New Applicant) 3 Feb 2017 (Friday) 25 Aug 2017 (Friday)
Last Day to Register for Exam (With Payment / LND Approval) 3 Mar 2017 (Friday) 29 Sep 2017 (Friday)
Exam Dates 8 Apr 2017 (Saturday) 11 Nov 2017 (Saturday)
Exam Time 9.30am – 12.30pm
Credit Environment and the Lending Process (RCP 1)

2.00pm – 5.00pm
Consumer Lending Products and Services (RCP 2)

9.30am – 12.30pm
Lending to Small Business (RCP 3)

2.00pm – 5.00pm
Loan Portfolio Management (RCP 4)Exam Result Release26 May 2017 (Friday)19 Jan 2018 (Friday)

Disclaimer:

  1. AICB reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  2. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
  3. Candidates are required to complete their qualification enrolment with AICB before registering for training workshops with Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.

DOCUMENTATION


The applications submitted will only be processed upon receipt of the full documentations.  Candidates who submit incomplete applications (i.e. incomplete details or incomplete supporting documents) will be given five working days to provide the required information and/or documentation.  If the candidate fails to submit the required information or complete set of relevant supporting documents within the five working days, the application will not be processed.

Below is the list of documents that are required for each qualification.

Qualification Documents Required
 Standard Route (Enrolment)  Accelerated Route (Exemption)
Certified Credit Executive
  • Certificate of highest qualification (min Diploma or equivalent)

Candidates who do not meet the minimum requirement set out above, he/she can apply for enrolment if he/she has acquired at least 3 years of Credit-related work experience in the banking and financial services industry.  Documents required:

  • SPM or equivalent certificate
  • Curriculum Vitae highlighting Credit-related work experience in the banking and financial services industry
  • Certificate of highest qualification; AND
  • Qualification transcript; AND
  • Curriculum Vitae highlighting work experience
Business Credit Professional Or Retail Credit Professional
  •  Certified Credit Executive Certificate
  • Certificate of highest qualification; AND
  • Qualification transcript; AND
  • Curriculum Vitae (CV) highlighting work experience in credit-related function

Important notes:

Qualification certificates/transcripts submitted must be certified true copy by one of the following:

  • University Official; OR
  • Notary Public; OR
  • Commissioner for Oaths; OR
  • Officer of the employing organization; OR
  • Such other persons or agents as may be approved by Institute.

The signatory must sign and date the document(s) and provide the following details:

  • Name:
  • Designation:
  • E-mail:
  • Contact Number:

a) If the documents are not in English or Bahasa Malaysia, they must be accompanied by translation of the documents which is done by a certified translator. The credentials and contact information of the certified translator must be stated.

b) Qualifications submitted for enrolment as a candidate for a qualification or for exemption must be awarded by universities/higher education institutions recognised by the awarding country’s Ministry of Higher Education or equivalent authority or the National Qualification Accreditation Agencies.

c) Malaysian qualifications should be listed in the Malaysian Qualifications Register or in Finance Accreditation Agency (FAA) website.

d) AICB reserves the right to contact the awarding institution to verify a candidate’s qualification awards.