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Banking CRCM Exam
CERTIFIED REGULATORY COMPLIANCE MANAGER (CRCM) (Page 6 )

Updated On: 12-Jan-2026
Page 6 of 276
PDF with 463 Questions

For example on a 0-5 scale:



The risk trend shows the direction of risk and probable change to risk over the next 12 months. A trend toward increasing risk means that

  1. Management may want to take additional action through more controls or increased reviews
  2. Risk may prompt a decrease in controls and improved efficiencies
  3. Controls currently in place are appropriate to succeed in keeping risks within management's established risk-tolerance level
  4. Risk measurements exceed management's tolerance for risk

Answer(s): A



After a compliance officer develops a base of knowledge of regulations, he or she must begin the art of applying regulations in a risk management environment. Which of the following is NOT out of a few things to be kept in mind when determining what to do FIRST?

  1. Think practically about your role as an advisor. Involve the business units in the decision process rather than making decisions for them
  2. Calculate the institution's consolidated risk profile
  3. Make sure you understand the level of risk the bank will tolerate, so decisions do not exceed this limit
  4. Add value by analyzing regulatory requirements for the business units before you present proposed or final rules or solutions

Answer(s): B



Safety and soundness concerns in FDIC Payday Lending Guidance clearly mention that there should be adequate capital as Minimum capital requirements are not enough to offset the risks of payday loans. Banks should hold capital against its subprime portfolio in amounts:

  1. That are 1½ to 5 times greater than normal
  2. That are 1½ to 3 times greater than normal
  3. That are 1½ to 3 times lower than normal
  4. That should be between 2-5 in comparison to normal

Answer(s): B



Banks must maintain an _adequate to absorb estimated credit losses from payday loans. Banks should evaluate the collectability of accrued fees and finance charges on payday loans and ensure that this income is appropriately measured.

  1. TILA
  2. FCRA
  3. ALLL
  4. A and B both

Answer(s): C



Below mentioned list shows the significant risks of .
Borrowers with cash-flow difficulties
Borrowers with no lower-cost credit alternatives Minimal analysis of borrower's ability to repay the loan Minimal review of borrower's credit history
Credit is usually unsecured

  1. Payday lending
  2. Loan flipping
  3. Equity stripping
  4. None of these

Answer(s): A



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