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.

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Benefits of Becoming an Accredited Payments Risk Professional

APRPlogoEarning 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 also helps your company, since bank regulators and examiners regularly look at financial institutions’ risk-focused employees as a sign that the FI 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 find that you’re in high demand as the “go-to” person for all things payments systems risk.
 

Register for the Exam

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.

The exam window is March 5-17, 2018 and will be 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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