Certified Compliance Risk Officer
Certified Compliance Risk Officer – CCRO™
Catastrophic events such as economic crises, major corporate failures and the rise of new environmental risks and uncertainties have led governments worldwide to focus more and more on mechanisms to improve corporate governance and risk management in the business world leading to strong policy and regulatory developments over the past 15 years. Those increasing regulatory requirements have become a RISK in itself affecting corporate performance due to the ever rising number of complex and often-conflicting regulations that organizations have to comply with around the world. Such environments do not provide clear visibility into the organisations’ risk and compliance profile, create risks, deteriorate performance, and escalate the cost of (non-)compliance.
Hence, the essential purpose of the CCRO™ Program is to equip Risk & Compliance professionals with the knowledge, methodologies and tools to create a GRC(Governance, Risk & Compliance) strategy that integrate effective control systems with corporate culture to ensure business ethic, proper governance and effective compliance.
The aim of the program is not just for participants to acquire new knowledge, but also to develop the capabilities to apply that knowledge effectively to resolve their organization risk management challenge. Consequently, CCRO™ graduates will:
- Objective 1: Understand the Compliance Risk: Understand the reasons and implications of regulatory requirements and evaluate the extent of your organization’s exposure to compliance risks
- Objective 2: Ethics: Define corporate governance for your organization and develop a clearly ethical basis to your business operation and decisions
- Objective 3: Strategic Compliance Risk Management: Develop an effective compliance system that support the strategy of the organization by aligning stakeholders’ needs & value
- Objective 4: Organization: Design a risk compliance program suitably structured to support good corporate governance and risk management
- Objective 5: Reporting: Develop reporting systems structured to provide transparency and accountability within applicable regulatory frameworks
Modular Structure for Busy Professionals
To allow participants to integrate our program into their work schedule, the CCRO™ Program is conducted several times each year. Each program is completed within 2 months. Busy professionals who are not based in Singapore only need to make 2 trips to Singapore. Please check out the different intakes and how the 4 days are scheduled by referring to the “Calendar & Fees” tab.
This program is designed for executives to managers, especially the following groups of people will find it particularly beneficial:
- Compliance Officers
- Internal Auditors, Finance & Accounting
- Public Sector Officers & Government Regulation Officers
- Legal Counsel Professionals
- Health, Safety & Environment Professionals
- Anyone taking up a new role in Compliance role or wishing to enter the profession
Both you and your organization will benefit from the CCRO™ Program.
What are the Benefits for YOU?
- Gain new knowledge and in-depth understanding of Regulatory Risk & Organizational Compliance most recent and effective tools and methodologies
- Pick up Methodologies, Tools and Techniques that can be applied immediately at work to improve your Organizational Compliance effectiveness
- Build your network with Compliance Risk Professionals and learn from direct industry experience in managing Compliance Risks
- Earn a professional title recognizing your new knowledge & skills and gain a competitive edge enhancing your career advancement opportunities
- Leverage your new knowledge & skills to gain a competitive edge over your peers and enhance your career advancement opportunities
What are the Benefits for YOUR ORGANISATION?
- Having In-House Risk Experts really able to use compliance initiatives to improve your organization performance successfully
- Increase your stakeholders confidence in your compliance system and capabilities
- Improve Compliance Projects contribution to your organization by shifting the focus from liability avoidance to leverage for better risk management
Prospective CCRO™ applicants should:
- Hold a university degree from an accredited institution
- Possess a minimum of 1 year of professional experience
Your application will only be considered when the Program Application Form is duly completed. Upon review, you will be informed by email whether your application has been accepted or not.
The CCRO™ Program consists of 4 workshop modules and provides a comprehensive and structured learning path both in scope and depth covering the field of Compliance Risk Management:
The Learning Journey Towards Certification
The learning journey towards certification consists essentially of the 3 steps described below:
To obtain the Certification, participants are required to pass successfully the different assessment components required to qualify for accreditation purposes. Assessment is necessary to ensure the quality of the graduates by reviewing the candidate’s ability to meet the requirements of the professional competency standards.
- Attend the 4 required workshop modules
- Pass the on-site exam
- The sit-in exam consists of 35 mutliple choice questions and 5 short essay questions, which is administered on site. The time allotted is 1 hour.
- Participation and exercises will also be evaluated during the workshops and will count for the final grade
Upon completion of the program’s requirements for the workshop modules, assignments and examination, candidates will be awarded:
- Certified Compliance Risk Officer (ARiMI-CCRO™) Designation
Continuous Professional Development: Complete the ARiMI LECP™ Learning and Competency Standards. Progress to CERM™ after CCRO™
The CCRO™ Program is a powerful learning experience, but it is only 1 step in your professional development journey. We offer a wide range of Professional Certifications for Risk Professionals to answer their most demanding development needs at different stages of their career progression.
You can further pursue the Certified Enterprise-wide Risk Manager (ARiMI-CERM™) Designation.
The CERM™ Program is designed to develop RISK CHAMPIONS and RISK PROFESSIONALS who are not only able to design and implement ERM framework, but also able to set and manage the ERM functions effectively.
The CCRO™ course content already covers 50% of the CERM™ course curriculum. Hence, it eases your way to complete successfully the program’s assessments.
Check out the TESTIMONIALS and hear what our graduates say about our programs and what they have learnt through the experience.
To continue your development and aspiration as a RISK MANAGEMENT PROFESSIONAL or LEADER, please contact us simply by using the Contact Us form.
Program Calendar Overview for 2018
We have 3 CCRO™ intakes per calendar year that take place in Singapore. 2 of the 3 intakes have 4 modules scheduled over 2 consecutive months, while 1 intake has all the 4 modules scheduled consecutively over 4 days within a week. This program structure provides a flexible LEARNING PACE to balance Work and Study effectively. Busy professionals will be able to plan ahead of time and find an intake that suits their work schedule. Participants who are not based in Singapore will only need to make 1 or 2 trips to attend the program in Singapore.
Please note that courses and dates are subject to change.
Course & Exam Fees
The table below provides the relevant detailed information about the program and exam fees.
|Published Course Fee||SGD 3,585 nett|
|Early Bird Course Fee, If Register at least 2 Months before Course Starts||SGD 2,595 nett|
Note: The above-mentioned activities and items are subject to change. CCRO™ participants are fully responsible for all travel arrangements, accommodation and associated costs.
Grants & Discounts Available
We have discounts/grants for the program. Check below to see what are the type of discounts available, for which you may be eligible to apply. Please also note that discounts are not applicable to examination fees.
- Group Discount:
- 15% off published course fee for companies registering 2 or more of their staff for the same intake of the CCRO™ Program
- Early Bird Discount:
- Early bird discount is only available when applicable. If you would like to receive early bird discount news for the next intake, please contact us.
- Tax Deductions /Cash Payout:
- Companies can claim 400% tax deductions or 40% cash payout of total training expenditure under the Productivity and Innovation Credit (PIC) Scheme. Terms and Conditions apply. For more information, please check out IRAS website:https://www.iras.gov.sg/irashome/Schemes/Businesses/Productivity-and-Innovation-Credit-Scheme/.
- SkillsFuture Credit:
- All Singaporeans aged 25 years old and above will be able to offset CCRO™ program course fees by applying for claim(s) through their SkillsFuture Credit account and submit a claim via www.skillsfuture.sg/credit once they receive their account activation letter.
- Alumni Discount:
- 20% discount on published course fee applicable for Alumni of NUS, NTU, SMU, SIM and SUTD who are NOT sponsored by their company/organisation.
- Special Discount:
- of up to 30% on published course fee applicable on a case by case may be granted to people who are NOT sponsored by an organisation. Contact us for more information.
- Emerging Economies Discount:
- is available to applicants from emerging economies. Contact us to find out if you qualify.
- Early Bird Discount:
- is available when you register early. If you would like to receive early bird discount news for the next intake, please Contact us.
- Bank Loans:
- Professional education is an investment for your future. If you’re based in Singapore and need a 12-month loan to make that investment, there are solutions available, such as POSB Personal Loan*. We will absorb the 3% processing fee that is chargeable by POSB – up to S$116.40, whichever is lower. Terms & conditions apply. Please contact us before you register for a program.
- If Registrant is self-sponsored, payment of fees cannot be made by any company account
- Registrants are entitled to only one category of discount. All discount offers cannot be combined with any other offers.
- Discounts are not applicable to examination fees.
- *ARiMI is not affiliated with any banks or financial institutes. All loan applications are subject to underwriting guidelines and approval of the bank or financial institute. This does not constitute an offer to lend. ARiMI shall accept no responsibility or liability for damage or loss or any unsettled loan amount incurred by any participant.
Participants are coming from a wide range of industry bringing a wealth of perspectives on critical Risk Management issues and illustrating the critical importance of effective Risk Management for every industry sectors and job funtions. Take this opportunity to build your network with a peers group of risk professionals from a wide range of industries and learn from direct industry experience in managing Compliance Risks.
Group Profile Snapshot
- Strong academic background
- International exposure & mindset
- significant business experience
- Age range: 20’s and early 40’s
- Strong leadership potential and maturity
Testimonials from Past Participants
Majority of the participants of the ARiMI-CCRO™ programs are sponsored by their organisations and you can find these graduates in many industry sectors and organizations around Asia:
Partnering with ARiMI
Should you wish to work more closely with us to ensure that both your employees and your organization can reap the maximum benefits from the program, simply contact us for more information.
Learning Methods, Format & Environment
How you learn is as important as What you learn
We know that square pegs don’t fit into round holes! That people with different background and experiences react and learn differently. Hence, to support effective learning, our Programs are structured around the following Learning Principles:
Many professionals returning to “school” have mental images of one-way lectures and learning as a “memorisation” exercise. Our programs are (a lot) different, they follow a practical workshop format. Our Faculty offer their deep expertise, but this is done with active participation and debates with the class participants.
In fact, at ARiMI we don’t use the word “student” – we use “participant” as the people joining the program are established professionals with already a lot of work experience. One key objective of our faculty is to tap on such experience and to encourage active debate and exchange of ideas, opinions and best practices in order to foster collective learning while maintaining at all time a respectful and constructive learning environment. This experiential learning format and the use of real-life business case studies ensures participants can build on their professional experience to quickly apply the new knowledge and skills acquired in their workplace to resolve their own professional challenges.
Management Education is all about bridging the GAP between theory and practice. This is particularly true in our programs where our learning methods emphasize on practical problem-solving learning, yet grounded in solid theory.
During the workshop, learning is stimulated through case studies, role plays and debates, where we aim to reconcile the unique features of a case or organization’s particular issue with the more generalizable concepts uncovered in theoretical researches.The end result is practical learning immediately applicable at work.
As we want to ensure that participants DO build the necessary practical knowledge and skills, all course modules are conducted using a unique workshop format that fosters interaction, knowledge sharing and experiential learning.
It involves a balanced mix of fundamental lectures with effective supporting materials; interactive case presentations & debates; group discussions and sharing of experience; problem-solving exercises including computer aided workshops; action learning with case simulations with ‘role plays’.
With Learning, the results you get are proportionate to the efforts you put in. Hence, we strongly encourage our participants to take “ownership” their learning. This means that they are encored to clarify their learning objectives, they come prepared for workshops and participate to contribute actively to their own learning and the learning of others.
A significant amount of learning occurs by listening to other participants and being involved in active dialogues. Our Programs provide plenty of such opportunities.
Risk Management learning doesn’t stop when the program is completed. In fact, it is just the start of a life-long learning process. First the program you may attend is usually only one part of ARiMI LECP™ Professional Learning and Competency standards. Second, in a world where the only constant is change, it is essential for professionals to keep on learning in order to stay ahead of the change ‘curve’. And it is actually a requirement for our graduates to commit themselves to Continuing Professional Development (CPD) in order to keep their knowledge and skills up to date.
For example, every year our certifications holders are expected to do something to demonstrate their professional expertise. It might be to return to campus to take new workshops. Or attend Risk Management conferences. It could also be to write an article on some important risk management issues. In any case, our alumni association, the ARiMI SCALE Network will provide opportunities for ongoing exchange. The learning should never stop.
The ARiMI Certification programs have been designed with busy working professionals in mind. Thanks to the modular approach, it gives participants the flexibility to combine learning and working effectively at the same time. The program runs about 2 times (i.e. 2 intakes) per year, with each intake being spread into 2 sessions (Master Classes) over a 2-month period.
Please refer to the “Calendar & Fees” Tab to explore how you can arrange your learning pace to attend the required modules.
Expert Program Faculty & Guest Speakers
For the CCRO™ program, participants will have the advantage of learning directly from a Thought Leader in the field of risk management, corporate governance and compliance management, Marc RONEZ. Marc is an highly credentialed practitioner, well-known speaker, skilled educator, groundbreaking researcher and entrepreneur.
We also invite recognized experts and business leaders to share their experiences during special sessions or segments of our workshops. Hence, our trainers and guest speakers will bring to the participants a wealth of knowledge and practical experience that will provide a lot of insights on how to answer practical work challenges.
For more information, click on the name of the faculty for this program below: