Payments Risk Management Institute

The Payments Risk Management Institute was last offered Sept. 2012. Bankers interested in Risk Management should refer to the new Risk Management Institute.

Discontinued in 2012, the Payments Risk Management Institute addressed the necessary guidance for effective payments fraud management, including strategies and payment risk policies to optimize risk-return dynamics. Coursework included:

  • Fraud by payment type,
  • An analysis of tools for fraud prevention, detection, and mitigation,
  • A review of effective risk monitoring systems,
  • A procedure for documenting fraud and preparing management reports, and
  • Successful ACH risk management.

Although this certification is not currently offered by Community Banker University, individuals who achieved the Payments Risk Management Professional certification can maintain it, as long as they continue to earn the required 15 continuing professional education credits and meet the other program criteria.

The new Risk Management Institute (introduced in Oct. 2019) addresses payments risk management as a component of the risk elements one must consider when developing a successful enterprise risk management (ERM) program.