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The Oracle 1Z0-1058-20 exam consists of 60 multiple-choice questions and must be completed within 105 minutes. Candidates are required to score 64% or higher to pass the exam and obtain the certification. 1Z0-1058-20 exam is available in several languages, including English, Japanese, and Simplified Chinese. Oracle Risk Management Cloud 2020 Implementation Essentials certification is valid for two years, after which candidates must recertify to stay current with the latest advancements in risk management technology. Passing the Oracle 1Z0-1058-20 exam provides candidates with valuable credentials that can enhance their career prospects and demonstrate their expertise in risk management.
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The Oracle 1Z0-1058-20 exam is designed to evaluate the candidate’s knowledge in various areas such as implementing risk management, configuring and managing risk management tools, developing risk management models, and creating reports and dashboards. Additionally, candidates will be tested on their ability to identify and mitigate risks using Oracle Cloud applications, as well as their knowledge of industry best practices and regulatory compliance requirements.
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Oracle Risk Management Cloud platform provides organizations with a comprehensive set of tools and features for managing risks and compliance. These include tools for identifying, assessing, and monitoring risks, as well as for managing compliance and regulatory requirements. The platform also provides advanced analytics and reporting capabilities to help organizations make informed decisions and stay ahead of emerging risks.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Security and Data Perspective Management | 20% | - Manage job roles, duty roles, and security policies - Create and manage Perspectives - Configure Perspective-based Data Security policies - Describe security-related jobs and processes |
| Topic 2: 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 |
| Topic 3: Implementation Planning and Configuration | 15% | - Initial setup and best practice process implementation - Configure pod for Financial Reporting Compliance - Plan implementation and gather requirements |
| Topic 4: Issue Management and Workflow | 10% | - Manage issue resolution process - Explain issue lifecycle - Describe remediation and simulation functions |
| Topic 5: Advanced Controls Configuration | 15% | - Initial Advanced Controls setup - Configure Advanced Financial Controls - Describe Transaction Controls and monitoring |
| Topic 6: Data Import, Export and Troubleshooting | 15% | - Perform import and export operations - Validate import templates before loading - Assemble and prepare risk control matrix data - Troubleshoot data import errors |
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