PRIOR EXPERIENCE CONVERSION (PEC) PROGRAMME
INTRODUCTION TO THE PRIOR EXPERIENCE CONVERSION (PEC) PROGRAMME
To support the requirements of the specialised certification programmes, AICB offers a ‘speed to specialisation’ option that allows eligible bankers to be exempted from the normal qualification pathway in specialised areas through the Prior Experience Conversion (PEC) Programme. The PEC allows experienced candidates to showcase their experience and tacit knowledge through the production of a reflective paper. It is aimed at candidates who may not have gone through a formal or structured learning process to acquire this high-level competency.
Bankers working in specialised functions who are eligible for exemptions from the normal qualification pathway in specialised areas.
MEMBERSHIP AND PROFESSIONAL DESIGNATION
Candidates must meet the following entry requirements:
Retail Credit Professional
Business Credit Professional
Certification for Bank Auditors
Bank Risk Management
|AML / CFT |
Advanced Certification in AML / CFT
Advanced in Regulatory Compliance
To enrol for the PEC, candidates must fulfil the following criteria:
- Have at least 10 years of experience in the banking industry, inclusive of 5 years in any of the specialised functions (Credit, Audit, Risk, Compliance or AML / CFT), AND
- Have at least 3 years of relevant banking experience in specialised functions in a leadership role, typically in C–2* positions and above, AND
- Have produced a testimony and recommendation letter from a C-suite officer of the specialised function.
*Candidates in a C–3 position will be considered on a case-by-case basis.
Candidates who submit incomplete applications (i.e. applications with incomplete details or supporting documents) will be given 30 days to provide the required information and/or documentation, failing which the application will be declined.
The documents required are as follows:
|Prior Experience Conversion Programme (PEC)|| |