Speaker 1: Almost 70% of executives aren't confident in their current risk management policies and practices. You can look at that statistic in two ways. Either you see that as a problem or an opportunity. If you see it as a problem, then you're most likely the owner of an organization. What I mean by that is you're starting to realize the importance of establishing a regulatory environment. Maybe you're trying to figure out ways to instill awareness into your employees about regulations. They need to keep in mind as they work. If you're on the other side of the coin, that statistic is an opportunity. In other words, you're someone who's thinking about getting a compliance certificate. After all, only 30% of all executives feel confident with their current risk management practices, meaning that there will be a lot of job openings soon. But, like most industries, in order to stand out as your perfect candidate for a job, you need to have the most qualifications or experience. In compliance, qualifications take on the form of certifications. Okay, requiring certifications for a job position isn't anything new. In fact, there's guaranteed to be some sort of accreditation that can help you stand out from other candidates for any job. But with highly regulated industries, certifications end up turning into an alphabet soup of acronyms. In other words, it's easy to get lost in all of the different options. So how do you choose the best certification for you? Hi everyone, I'm Matt from eTactics, and today I'm going to give you 5 compliance certifications that make over 6 figures. Before we get started though, make sure you subscribe to our YouTube channel by clicking the button below. While you're down there, hit that alert bell icon next to it, so when we post new helpful content, you get notified. The very first compliance certification I'm going to go over is the Certified Information Systems Security Professional, or CISSP. It's one of the most elite and popular information security certifications to date because many IT companies consider it as a base requirement for their network security employees. In order to meet the qualifications to take the test that grants the certification, you need to have 5 years of work experience in 2 of 8 different listed domains. Security and Risk Management, Asset Security, Security Architecture and Engineering, Communication and Network Security, Identity and Access Management, Security Assessment and Testing, Security Operations, and Software Development Security. The test for this certification is 100-150 questions, but only 75 of those are graded. It's a daunting task, but achieving a CISSP certification leads to extremely lucrative careers and doesn't pigeonhole you into one industry. For example, an information security manager with this certification makes an average of $120,000 per year. Next up we have the Certified Regulatory Compliance Manager, or CRCM. It's the most respected and recognized compliance certification within the banking and financial space. There are two ways you can be eligible for this certification. First, have at least 6 years of U.S. experience as a compliance professional within the past decade. Second, you're eligible if you have a minimum of 3 years of experience as a compliance professional and complete at least 2 compliance-related training options provided by the American Bankers Association within the last 5 years. The test for this certification is 200 questions within a 4-hour time limit. The CRCM certificate is so valued within the financial sectors because it's so difficult to obtain. And as a result, jobs requiring this compliance certification see salaries of up to $150,000 per year. As data privacy continues to become more important to governments, managing it becomes even more difficult for the organizations involved. Enter the Certified Information Privacy Professional, or CIPP. This is a compliance certificate that's recognized and accredited by the American National Standard Institute, ANSI, under the International Organization for Standardization ISO Standard 17024-2012. In other words, it's a highly respected certification. This certification's test is 90 multiple-choice questions within 150 minutes. Only 75 questions are graded from the test, and they recommend at least 30 hours of dedicated study time. Individuals with a CIPP earn up to $130,000 for positions in data privacy. What if you just wanted to get a compliance certification that was based on high-level knowledge of the space? Well, the Certified Compliance and Ethics Professional, CCEP certification, is what you want. A CCEP certification is offered by the Compliance Certification Board, a testing organization that ensures competence in compliance and ethics across different industries and specialties. Its test is 115 multiple-choice questions, where only 100 of them are graded. But jobs with this certification earn as much as $130,000 per year, according to Indeed. While we're on the topic of CCEP, they also offer a certification specific to the healthcare space. If you wanted to work within the healthcare compliance space, then you don't want a CIPP or CCEP certification right away. Instead, you want a CHC, or Certification in Healthcare Compliance, first. It's tested and graded similarly to the CCEP certification that I just went over, but over different topics. I know, I threw a lot of abbreviations at you during this video, but that's the nature of the compliance industry. Hopefully, I gave you some insight on the different, most popular certifications that exist within this industry. Now all you have to do is choose the ones that are the best fit for you, study, and pass your exams. If you'd like to learn more about compliance certifications, reach out to eTactics. 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