PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
- Product Code: 8008
- Exam Questions: 191
- Vendor: prmia
$9.99
$12.99- Updated At: Nov 22, 2024
PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
The PRM Certification - Exam III is an advanced risk management course focusing on specialized risk areas, which are all crucial components in PRM exams. These include risk management frameworks, operational risk, credit risk, counterparty risk, market risk, asset liability management, and financial transmission rights. This certification is prepared by the Professional Risk Managers International Association (PRMIA)
Focus
The PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition certification focuses on Risk management frameworks, operational risk, credit risk, counterparty risk, market risk, asset liability management, and financial transmission rights
Exam Duration
The PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition exam duration is Not specified
Num of Question
The exam contains a total of 250 questions
Exam Fee
The exam fee is Fees vary depending on whether you are a PRMIA member. Cost is $695 for non-members, and $395 for PRMIA members.
Exam Validity
The CCRN-Pediatric certification is valid for Valid for 3 years.
Prior Certification
- PRM Certification - Exam I and II
Exam Format
The PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition exam is a Computer based multiple choice
Passing Conditions
To pass PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition exam, applicants must achieve a minimum score of 65% correct answers, With no more than 6 incorrect answers out of the allowed 10 incorrect answers across the exam. Examination questions and scoring information
Who Should Take
This exam is suitable for any risk professional looking to enhance their knowledge in specialized risk areas, as well as individuals from diverse backgrounds interested in risk management, who have 2 or more years of work experience.
- Risk Manager
- Financial Analyst
- Financial Professional
Prerequisites
At least 2 years of full-time work experience, preferably in a risk management role
Or can substitute with certifications:
- CFA Charter
- FRM Designation
- PRM Certification - Exam I
Certification Process
- Read the course textbook and study materials
- Familiarize yourself with the exam format and content
- Register and attempt the exam with PRMIA, or an authorized test center
Domains with Weights
- Risk Management Frameworks (20%): This domain covers the principles, practices, instruments, and management practices of risk management, encompassing the strategic and tactical use of the risk management framework to identify, assess, manage, and monitor risk exposure. The risk management framework may be based on a systematic and structured approach using quantitative methods, or a more qualitative approach relying on managerial judgment and expertise.
- Operational Risk (23%): This domain encompasses operational risk definitions, management, measurement, reporting, and regulation. It covers the concepts of operational risk and its applications to real-world business situations.
- Credit Risk (19%): This domain covers the principles, practices, instruments, and management techniques used to identify and manage various types of credit risks to institutions, investors and individual stakeholders. This includes default risk, in addition to loss of income and reputation risk.
- Counterparty Risk (8%): This domain covers definitions of counterparty risk, including both exchange and over-the-counter (OTC) derivatives. Additionally, methods and regulatory practices concerning counterparty risk is covered.
- Market Risk (15%): This domain covers methods, practices, instruments, and management techniques for identifying, measuring, evaluating, mitigating, and managing market risks to which financial institutions and their products are exposed to. It may be comprised of categories including FX, interest rate, commodity risk, etc.
- Asset Liability Management (ALM) (8%): This domain addresses the principles and techniques used for determining funding decisions and strategies used for the duration adjustments of long-term asset liability positions, while taking into account other macroeconomic signals and macro business influences
- Financial Transmission Rights (FTS) and other similar derivatives (7%): This exam focuses on the key products, pricing methodologies for each structure, netting and valuation changes, for all new structures that are employed nowadays
We don’t just offer top-tier products that guarantee your success, we also provide exceptional customer service.
First, as previously mentioned, we are a powerful company offering the leading high-quality materials for the [exam name] with a proven success rate of 99.6%, based on data from the past five years. If you trust us and study our [exam name] materials carefully, we guarantee you will pass. Every year, we assist over 10,000 candidates in successfully passing their exams. We are always the first to receive updates on any changes to the PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition, directly from the official sources. We have strong relationships with some of the largest companies in the industry, investing significant resources annually to ensure we provide the latest, most valid, and accurate materials. Our materials are followed by many, but never surpassed.
Secondly, our customer service operates 24/7, including on holidays. We respond to all inquiries and messages within two hours. You will receive the PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition materials within 15 minutes after your payment. If you have any questions about downloading the materials, payment issues, pass rates, or update schedules, our team is always available to assist you. We prioritize your security and privacy, ensuring 100% pass rates for the PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition. In the rare event that you fail, we offer a full refund within 2-7 business days.
Thousands of candidates choose us every year and pass their exams—why wait? Choose us now, and our PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition materials will be your ultimate ally.
After your purchase, Instant Download: Once your payment is processed, our system will automatically send your product to your email inbox. (If you do not receive it within 12 hours, please contact us. Don’t forget to check your spam folder.)