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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.

Oracle Risk Management Cloud 2020 Implementation Essentials certification program and 1Z0-1058-20 exam provide a valuable credential for professionals in the field of risk management. They demonstrate that an individual has the knowledge and skills necessary to manage risks effectively, and can help their organization navigate potential challenges with confidence. Additionally, this certification can provide professionals with new job opportunities and help them advance their careers in the risk management field.

Oracle 1Z0-1058-20 (Oracle Risk Management Cloud 2020 Implementation Essentials) certification exam is a highly sought after certification for professionals who want to demonstrate their expertise in implementing Oracle Risk Management Cloud solutions. Oracle Risk Management Cloud 2020 Implementation Essentials certification validates the skills and knowledge required to configure, implement, and use Oracle Risk Management Cloud solutions effectively.

Reference: https://education.oracle.com/oracle-risk-management-cloud-2020-implementation-essentials/pexam_1Z0-1058-20

Oracle Risk Management Cloud is an integrated cloud solution that provides comprehensive risk and compliance management capabilities. The risk and regulatory landscape is constantly evolving, and it is increasingly important for organizations to have an effective risk management program. Oracle Risk Management Cloud provides a centralized platform for managing risk and compliance, allowing organizations to identify, assess, and mitigate risks across their business. This, in turn, helps reduce the likelihood of negative events, such as breaches or regulatory fines, and enhances overall business performance.

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Oracle 1Z0-1058-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Models, Controls and Assessments25%- Create and manage Models and Controls
- Explain Result Management process
- Initiate planned and ad-hoc assessments
- Manage assessment templates and plans
Topic 2: Advanced Controls Configuration15%- Configure Advanced Financial Controls
- Describe Transaction Controls and monitoring
- Initial Advanced Controls setup
Topic 3: Security and Data Perspective Management20%- Create and manage Perspectives
- Describe security-related jobs and processes
- Configure Perspective-based Data Security policies
- Manage job roles, duty roles, and security policies
Topic 4: Implementation Planning and Configuration15%- Plan implementation and gather requirements
- Initial setup and best practice process implementation
- Configure pod for Financial Reporting Compliance
Topic 5: Issue Management and Workflow10%- Manage issue resolution process
- Describe remediation and simulation functions
- Explain issue lifecycle
Topic 6: Data Import, Export and Troubleshooting15%- Troubleshoot data import errors
- Assemble and prepare risk control matrix data
- Perform import and export operations
- Validate import templates before loading

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