The Risk Management Institution of Australasia (RMIA) has announced that it will host its first examination for candidates for its recently revamped certifications later this month.

The industry body announced changes to its certification process in June which will see the introduction of three new certification levels; Certified Practising Risk Associate (CPRA), Certified Practising Risk Manager (CPRM), and Certified Chief Risk Officer (CCRO).

The first exams, which will be hosted in EY offices in all capital cities excluding Hobart and Darwin, will be for aspiring CPRA participants.

RMIA general manager, Suzanne Cureton, said that the changes reflect an ever-changing industry and came from industry feedback.

“We listened to membership feedback and found a perception the CRMT-CPRM structure did not offer clear pathways for risk management practitioners to escalate their careers,” Cureton said.

The first exams for CRPM certification will be held in December whilst CCRO certification is a competency-based qualification.

For more information on the new certifications and structure, click here.