An Oracle Risk Management Cloud Service 2022 Certified Implementation Professional has demonstrated the knowledge required to gather implementation requirements for Risk Management, including Financial Reporting Compliance implementation, performing initial configuration and data migration, configuring security, and managing Objects, Assessments, and Issues. They can also perform Advanced Controls Configuration, including Advanced Access and Financial Controls. Up-to-date training and field experience are recommended.

Review exam topics:

Gather Requirements for Risk Management Implementation

• Describe Risk Management

• Implement key use cases

• Plan to gather information for the implementation

• Plan security

Initial Financial Reporting Compliance Configuration

• Configure an environment for Financial Reporting Compliance Implementation

• Configure Module Objects

• Configure and manage Lookups and Flexfields (WAS: Configure and manage Lookups)

Data Migration

• Assemble existing risk control matrix data

• Explain the steps to import and export data

• Populate an import template

• Validate an import template prior to import

• Troubleshoot errors during an import

Security

• Describe security requirements

• Configure and assign Job and Duty roles

• Assign users and groups to objects

• Describe jobs and processes related to security

Manage Objects

• Describe how to create objects

• Create Control Test Plans

• Relate objects to one another

• Create Review and Approve workflows for objects

Manage Assessments

• Explain assessments

• Create assessment templates and plans

• Initiate batch assessments

• Complete assessments

Initial Advanced Controls Configuration

• Create and manage Perspectives

• Configure security

Access Control Use Cases

• Explain Entitlements

• Create and manage Models and Controls

• Configure Conditions

• Explain Simulation and Remediation

• Access certification

Transaction & Audit Control use cases

• Describe Models and Controls

• Configure Filters

• Configure Functions

• Configure Patterns

• Explain Result Management

Manage Reports

• Explain reporting

• Create dashboards and reports