200+ Free CERP Practice Questions
Pass your Certified Enterprise Risk Professional (CERP) exam on the first try — instant access, no signup required.
Loading practice questions...
Key Facts: CERP Exam
200 Qs
Delivered Questions
ABA CERP exam application
4 hrs
Time Limit
ABA CERP exam application
500
Passing Score
ABA Certification Exams FAQs
$815
Initial Exam Fee
ABA CERP exam application
$500
Retake Fee
ABA CERP exam application
8 Domains
Blueprint Areas
ABA CERP outline
As of March 11, 2026, ABA's official CERP outline uses eight weighted domains: Board and Senior Management Oversight (8%), Policies, Procedures, and Limits (12%), Management Information Systems (11%), Control Framework (7%), Risk Identification (15%), Risk Measurement and Evaluation (13%), Risk Responses (18%), and Risk Monitoring (16%). The delivered exam is 200 multiple-choice questions in 4 hours, uses ABA's 200-800 scaled score reporting, and requires a passing score of 500. For 2026 preparation, candidates should also understand the current U.S. banking risk environment, including capital, liquidity, data-governance, third-party, fraud, and supervisory-prioritization developments.
About the CERP Exam
The CERP is ABA's enterprise risk certification for bank risk professionals who must connect governance, data, controls, reporting, and issue management across the full risk lifecycle. The exam measures whether candidates can identify and measure risk, evaluate risk relative to appetite, recommend and document responses, and monitor the resulting exposure in a U.S. banking environment.
Assessment
200 multiple-choice questions with four answer choices each; ABA notes that a few unscored pilot items may be embedded
Time Limit
4 hours
Passing Score
500 scaled score on ABA's 200-800 reporting scale
Exam Fee
$815 initial sitting; $500 retake (American Bankers Association (ABA))
CERP Exam Content Outline
Board and Senior Management Oversight
Board reporting, committees, credible challenge, risk appetite, and the communication of risk culture across the organization.
Policies, Procedures, and Limits
Policy governance, limit structures, risk appetite frameworks, concentration management, and exception or breach handling.
Management Information Systems
Risk aggregation, reporting systems, data quality, system limitations, and governance over inputs, outputs, and retention.
Control Framework
Three lines of defense, internal controls, COSO concepts, quality assurance, independence, and exam-readiness coordination.
Risk Identification
Emerging-risk scans, RCSAs, third-party and idiosyncratic risks, stakeholder expectations, and regulatory or industry change.
Risk Measurement and Evaluation
Likelihood, impact, velocity, scenario analysis, stress testing, risk scoring, and evaluation relative to appetite and tolerance.
Risk Responses
Accept, mitigate, transfer, or avoid decisions; issue management; root-cause analysis; action plans; findings response; and residual risk.
Risk Monitoring
KRIs and KPIs, thresholds, dashboards, escalation, control monitoring, trend analysis, and risk-based recommendations.
How to Pass the CERP Exam
What You Need to Know
- Passing score: 500 scaled score on ABA's 200-800 reporting scale
- Assessment: 200 multiple-choice questions with four answer choices each; ABA notes that a few unscored pilot items may be embedded
- Time limit: 4 hours
- Exam fee: $815 initial sitting; $500 retake
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
CERP Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the CERP exam?
ABA's official CERP exam application page lists a 200-question exam with a four-hour testing window. ABA also notes in its certification FAQ that a few unscored pilot questions may be embedded for statistical research.
What score do I need to pass the CERP exam?
ABA reports all of its certification exams on a scaled score from 200 to 800, with 500 as the passing score. The exam is scored on a pass/fail basis and is not graded on a curve.
Which CERP domains matter most?
Risk Responses is the largest domain at 18%, followed by Risk Monitoring at 16%, Risk Identification at 15%, and Risk Measurement and Evaluation at 13%. In practice, that means successful candidates need more than governance theory; they must be strong at issue handling, escalation, root-cause analysis, metrics, and ongoing monitoring.
What are the CERP eligibility requirements?
ABA currently lists two paths. Option One requires five years of banking experience, including three years working directly in a risk-management or closely related role, plus a bachelor's degree or higher. Option Two requires seven years of banking experience, including five years working directly in a risk-management or closely related role. ABA also states that candidates must have U.S.-based experience because the certification is grounded in U.S. laws and regulations.
What does the CERP exam cost in 2026?
ABA's current CERP exam application page lists the initial exam fee at $815 and the retake fee at $500. If an application is denied, ABA states the refund is reduced by a $100 application fee.
What 2026 updates matter for CERP candidates?
As of March 11, 2026, ABA has not published a new 2026 CERP content-outline revision, so the current official eight-domain blueprint remains the core guide. The most relevant 2026 updates are in the operating environment: ABA's 2026 testing windows and fees, continued Meazure and live remote delivery, and current banking-risk priorities such as third-party oversight, data governance, fraud, supervisory focus on material financial risk, and the April 1, 2026 effective date for the federal agencies' modified leverage-capital rule.