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Oracle 1Z0-1058-20 is an important certification exam that tests the candidate's knowledge and expertise in Oracle Risk Management Cloud 2020 Implementation Essentials. 1Z0-1058-20 exam is designed for professionals who are responsible for implementing and managing risk management solutions in Oracle Cloud. Oracle Risk Management Cloud 2020 Implementation Essentials certification validates the candidate's skills and knowledge in using Oracle Risk Management Cloud to assess, identify, and mitigate risks in different business scenarios.
To take the 1Z0-1058-20 exam, candidates must have an understanding of risk management principles and practices, as well as experience with Oracle Cloud Infrastructure and applications. 1Z0-1058-20 exam will test the candidate's knowledge of the solution's features, including its dashboard and reporting capabilities, as well as its integration with other Oracle Cloud applications. Successful candidates will be able to understand how to implement the Oracle Risk Management Cloud solution to help organizations manage risks and compliance efficiently.
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One of the key benefits of passing the Oracle 1Z0-1058-20 exam is that it opens up a range of career opportunities for individuals. Risk management is a critical function in almost all organizations, and there is a high demand for professionals who can implement effective risk management solutions. Individuals who pass 1Z0-1058-20 exam can work as risk management consultants, risk analysts, risk managers, and other related roles.
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Oracle 1Z0-1058-20 certification exam consists of 60 multiple-choice questions, and the candidates have two hours to complete the exam. 1Z0-1058-20 exam is divided into six sections, and each section covers a specific topic related to Oracle Risk Management Cloud. The topics covered in the exam include risk assessment, risk management, risk monitoring, risk reporting, regulatory compliance, and organizational resilience.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Issue Management and Workflow | 10% | - Manage issue resolution process - Explain issue lifecycle - Describe remediation and simulation functions |
| Topic 2: Security and Data Perspective Management | 20% | - Manage job roles, duty roles, and security policies - Describe security-related jobs and processes - Create and manage Perspectives - Configure Perspective-based Data Security policies |
| Topic 3: Data Import, Export and Troubleshooting | 15% | - Perform import and export operations - Troubleshoot data import errors - Validate import templates before loading - Assemble and prepare risk control matrix data |
| Topic 4: Advanced Controls Configuration | 15% | - Describe Transaction Controls and monitoring - Configure Advanced Financial Controls - Initial Advanced Controls setup |
| Topic 5: Implementation Planning and Configuration | 15% | - Configure pod for Financial Reporting Compliance - Plan implementation and gather requirements - Initial setup and best practice process implementation |
| Topic 6: Models, Controls and Assessments | 25% | - Manage assessment templates and plans - Initiate planned and ad-hoc assessments - Create and manage Models and Controls - Explain Result Management process |
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