AIWMI CCRA-L2 : Certified Credit Research Analyst Level 2

CCRA-L2 real exams

Exam Code: CCRA-L2

Exam Name: Certified Credit Research Analyst Level 2

Updated: Oct 30, 2026

Q & A: 85 Questions and Answers

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About AIWMI CCRA-L2 Exam

AIWMI CCRA-L2 (Certified Credit Research Analyst Level 2) Certification Exam is a well-known and respected certification program designed for professionals who specialize in credit research. Certified Credit Research Analyst Level 2 certification exam is the second level of the CCRA certification program and is designed for individuals who want to further their knowledge and skills in credit research, analysis, and evaluation.

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To be eligible for the CCRA-L2 certification exam, candidates must have a minimum of two years of relevant work experience in credit research analysis or a related field, as well as a bachelor's degree or higher in finance, accounting, economics, or a related discipline. CCRA-L2 exam itself consists of 120 multiple-choice questions that are designed to test the candidate's knowledge and understanding of the key concepts and principles of credit research analysis.

Reference: https://www.aiwmindia.com/designations/certified-credit-research-analyst-ccra/

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AIWMI CCRA-L2 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Credit Monitoring, NPA & Securitization25%- Stressed assets, NPA valuation, and restructuring
- Securitization, ABS/MBS rating, and credit enhancement
- Early warning signals and credit monitoring framework
Topic 2: Regulations & Advanced Analysis10%- Credit regulatory guidelines
- Advanced financial statement analysis & forecasting
Topic 3: Credit Rating – Internal and External25%- Basel framework and internal rating models
- Fundamentals of credit rating and risk assessment
- Rating methodologies for corporates, banks, and sovereigns
Topic 4: Credit Strategy and Portfolio Management25%- Multi-asset credit analysis and portfolio strategies
- Distressed debt analysis and systemic risk
- Yield curves, credit spreads, and interest rate risk
Topic 5: Credit Risk Models & Corporate Finance15%- Debt covenants, capital structure, and working capital
- Credit risk modeling and stress testing

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