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.
TARGET AUDIENCE
Bankers working in specialised functions who are eligible for exemptions from the normal qualification pathway in specialised areas.
CERTIFICATION PATHWAYS
For certification pathway details, click here.
ENROLMENT
Candidates are required to submit the prerequisite supporting documents for enrolment. For full details on documentation, click here.
MEMBERSHIP AND PROFESSIONAL DESIGNATION
Members who have completed the PEC will be upgraded to ‘Associate’ status and are entitled to use the membership designation, ‘Associate, AICB’. Click here to find out more.
ENTRY REQUIREMENTS
Candidates must meet the following entry requirements:
| Intermediate Level | ||||||
|---|---|---|---|---|---|---|
| Credit Retail Credit Professional | Credit Business Credit Professional | Audit Certification for Bank Auditors | Risk Bank Risk Management | AML / CFT Advanced Certification in AML / CFT | Compliance Advanced in Regulatory Compliance | |
| Pre-requisite | N/A | |||||
Eligibility Criteria
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.
ENROLMENT
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:
| QUALIFICATIONS | DOCUMENTS REQUIRED |
|---|---|
| Prior Experience Conversion Programme (PEC) |
|