PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition: 8008 Exam


"PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition", also known as 8008 exam, is a PRMIA Certification. With the complete collection of questions and answers, PrepAwayTest has assembled to take you through 359 Q&As to your 8008 Exam preparation. In the 8008 exam resources, you will cover every field and category in PRM Certification Certification helping to ready you for your successful PRMIA Certification.

  • Exam Code: 8008
  • Exam Name: PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
  • Total Questions: 359

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PRMIA 8008 is an exam that is designed to test the knowledge of risk management professionals in various areas such as operational risk, credit risk, counterparty risk, market risk, asset and liability management (ALM), and funds transfer pricing (FTP). 8008 exam is part of the Professional Risk Manager (PRM) certification program offered by the Professional Risk Managers' International Association (PRMIA). The PRMIA 8008 exam is the third and final exam in the PRM certification program, and it is considered to be one of the most challenging exams in the field of risk management.

PRMIA 8008 Certification Exam is also known as Exam III, which is focused on Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition. 8008 exam is offered by the Professional Risk Managers' International Association (PRMIA), a non-profit organization that aims to promote excellence in the field of risk management. It is designed to assess the knowledge and skills of candidates in various areas of risk management, including the identification, analysis, and mitigation of various types of risk.

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Are you aware of the importance of the PRMIA certification? If your answer is not, you may place yourself at the risk of be eliminated by the labor market. Because more and more companies start to pay high attention to the ability of their workers, and the PRMIA certification is the main reflection of your ability. If you want to maintain your job or get a better job for making a living for your family, it is urgent for you to try your best to get the PRMIA certification. We are glad to help you get the certification with our best study materials successfully. Our company has done the research of the study material for several years, and the experts and professors from our company have created the famous 8008 study materials for all customers. We believe our products will meet all demand of all customers. If you long to pass the exam and get the certification successfully, you will not find the better choice than our 8008 preparation questions. Now give us a chance to introduce our study materials to you.

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Market risk is also an important topic covered in the PRMIA 8008 exam. Market risk is the risk of loss resulting from changes in market prices or other market variables. ALM and FTP are also covered in the exam, which are important tools used by banks and other financial institutions to manage their interest rate risk and liquidity risk.

PRMIA 8008 Exam Syllabus Topics:

SectionObjectives
Topic 1: Funds Transfer Pricing (FTP)- FTP methodologies
- Internal pricing of funds and liquidity allocation
Topic 2: Operational Risk- Operational risk types and sources
- Operational risk management techniques
  • 1. Risk and control self-assessment (RCSA)
    • 2. Loss event data collection
      • 3. Key risk indicators (KRI)
        Topic 3: Asset-Liability Management (ALM)- Interest rate risk in the banking book (IRRBB)
        - Liquidity risk management
        Topic 4: Risk Management Frameworks- Enterprise risk management principles
        • 1. Risk identification and assessment processes
          • 2. Risk appetite and tolerance
            • 3. Risk governance structure
              - Risk measurement and reporting frameworks
              Topic 5: Market Risk- Market risk measurement techniques
              • 1. Stress testing and scenario analysis
                • 2. Value at Risk (VaR)
                  - Interest rate, equity, FX, and commodity risk
                  Topic 6: Credit Risk- Credit risk measurement and modeling
                  • 1. Exposure at default (EAD)
                    • 2. Probability of default (PD)
                      • 3. Loss given default (LGD)
                        - Credit portfolio risk
                        Topic 7: Counterparty Risk- Netting and collateral management
                        - Derivatives credit risk considerations
                        - Counterparty credit exposure

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