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Oracle 1Z0-1058-21 exam covers a wide range of topics related to risk management, including risk identification, assessment, mitigation, and monitoring. 1Z0-1058-21 exam also covers topics such as risk modeling, risk reporting, and risk analytics. Candidates are expected to have a deep understanding of the Oracle Risk Management Cloud platform and be able to apply it to real-world scenarios. 1Z0-1058-21 exam consists of 60 multiple-choice questions, and candidates are given 105 minutes to complete it.
Oracle Risk Management Cloud 2021 Implementation Essentials exam is a comprehensive test that consists of 60 multiple-choice questions. Candidates will have two hours to complete the exam, and they must achieve a score of at least 68% to pass. 1Z0-1058-21 exam is available in several languages, including English, Japanese, and Simplified Chinese. Upon passing the exam, candidates will earn the Oracle Risk Management Cloud 2021 Certified Implementation Specialist certification, which validates their expertise in implementing Oracle Risk Management Cloud solutions. Oracle Risk Management Cloud 2021 Implementation Essentials certification is recognized globally and can help professionals advance their careers in the field of risk management.
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Oracle Risk Management Cloud platform is a cloud-based solution that provides organizations with the tools they need to manage risk effectively. This platform allows organizations to identify and assess risks, develop and execute risk response plans, monitor and report on risk, and ensure compliance with regulatory requirements. With the Oracle Risk Management Cloud, organizations can reduce the likelihood and impact of risk events, improve decision-making, and increase stakeholder confidence.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Risk Management Core Functions | 25% | - Implement risk response and treatment plans - Perform risk assessment and scoring - Define risk taxonomy and categories - Create and manage risk registers |
| Topic 2: Controls Management | 20% | - Map controls to risks - Design and implement control frameworks - Control deficiency management - Control testing and certification |
| Topic 3: Configuring Oracle Risk Management Cloud | 20% | - Implement risk management configurations - Define organization structure and business hierarchy - Configure integration with external systems - Set up the application including users, roles, and security |
| Topic 4: Testing and Implementation Best Practices | 10% | - Data migration considerations - Plan and execute implementation testing - Change management and user adoption |
| Topic 5: Issues and Action Plans | 15% | - Issue remediation and closure - Create and track action plans - Manage issues lifecycle |
| Topic 6: Reporting and Analytics | 10% | - Use analytics for risk insights - Generate standard and custom reports - Create dashboards and visualizations |
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