Accredited Payments Risk Professional

Become a Risk Expert

Enhance Your Abilities

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Your accreditation as a payments systems risk professional both propels your business forward and provides you with recognition throughout the payments industry. An APRP is an individual who has demonstrated a comprehensive knowledge of risk management strategies, concepts and mitigation techniques within the payments ecosystem.

APRPlogo Our world is changing, and so is what it takes to succeed. It is not enough to master risk management for one payment type. The APRP credential demonstrates that you, or your employees, have mastered the complexities of risk management for ACH, check, wire, debit, credit and prepaid cards, and emerging and alternative payments.

Effectively managing payments risk is crucial for organizations that provide payment services, such as financial institutions, solution providers and processors, businesses and other end-user entities that use these services, and examiners who oversee this activity.

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Benefits of Becoming an Accredited Payments Risk Professional

Earning your credential as an APRP has a wide array of benefits. As an individual, your accreditation demonstrates to your employer that you’re committed to the profession, which can provide opportunities for personal career growth. It validates to regulators and examiners that your financial institution or company is committed to risk management and regulation compliance.
 
These benefits apply to solution providers, processors and even end users. By having an APRP on staff, an end user like a business or government agency can more effectively manage ACH Network use and enhance its risk management profile. Similarly, solution providers and processors need qualified APRPs in order to ensure that they’re complying with FIs and business clients. Once you have your accreditation, you’ll become the “go-to” expert in the critical and nuanced areas of risk management across payment types.
 

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NACHA is not accepting online registrations at this time. If you're interested in taking the APRP exam, please download the registration form.

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Who Should Get Accredited?

Any professional in the payments industry can work toward accreditation. If you’ve worked in payments for years, you’ll be adding a highly respected qualification to your dossier; if you’re relatively new to the field, you’ll give yourself an edge over the competition. At a minimum, NACHA recommends spending two years working in the payments industry before taking the APRP exam.

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Exam Information

APRP Exam Weight Estimation
The exam will be comprised of the following topic areas:

  • Fundamentals of Payments Risk Management - 27%
  • Payment Systems - 16%
  • Payments Risk Policy & Governance - 10%
  • Payments Risk Management Systems and Controls - 22%
  • Physical and Information Security - 13% 
  • Regulatory Environment - 12%

Some concepts include, but are not limited to:
Fraud strategies, trends and threats, including prevention and mitigation; Enterprise Risk Management (ERM); Due diligence and enhanced due diligence; Risk appetite and tolerance; Risk management frameworks; Alternative and/or emerging payment systems; Core payment processing systems and applications; Payment channels, processes and types; Credit analysis techniques; Types and applications of internal controls; Onboarding procedures and processes; Vendor management programs and processes; Policies, procedures and systems to detect data breaches, alteration and/or destruction; Record retention. destruction and discoverability; Payments network infrastructure and connectivity; Regulatory environment impacts on internal programs and/or clients; Rules and guidance, and laws and regulations applicable to specific payment systems; Internal policies that address risk types; Effective procedures to support policies (e.g., risk, credit/underwriting, monitoring); Regulatory requirements for incident reporting (e.g., data breach, suspicious activity) 

Exam composition: 
The APRP exam will consist of 120 multiple choice questions. Candidates will have three (3) hours to complete the exam.

Exam Window: Monday, March 5 – Saturday, March 17, 2018
Member: $355
Nonmember: $425

The exam is administered by PSI. ​We partner with PSI to use its computer-based testing facilities around the country.Testing centers are at community colleges, universities, IT centers and aviation centers.
 

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