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The FRR Series Certification Exam is a rigorous assessment of the skills and knowledge required to effectively manage financial risks. 2016-FRR exam covers a wide range of topics including market risk, credit risk, operational risk, and liquidity risk. It also includes sections on regulatory compliance, ethics, and governance. 2016-FRR exam is open to individuals who have a minimum of two years of work experience in the field of financial risk management.

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The Global Association of Risk Professionals (GARP) is a non-profit organization that is dedicated to promoting risk management practices in the financial industry. One of the ways that GARP accomplishes this goal is by offering certification programs that validate the knowledge and expertise of risk professionals. One of the most prestigious and sought-after certifications offered by GARP is the Financial Risk and Regulation (FRR) Series Exam.

The Global Association of Risk Professionals (GARP) is a non-profit organization that aims to enhance the knowledge and skills of risk professionals worldwide. One of the ways in which GARP achieves this goal is through its certification programs. One of the most popular and well-respected certifications offered by GARP is the Financial Risk and Regulation (FRR) Series.

Reference: https://www.garp.org/courses/financial-risk-and-regulation

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GARP 2016-FRR Exam Syllabus Topics:

SectionObjectives
Topic 1: Operational Risk- Operational Risk Frameworks
  • 1. Operational Loss Events
  • 2. Internal Controls
  • 3. Cybersecurity Risk
  • 4. Business Continuity Planning
Topic 2: Governance and Regulation- Risk Governance Frameworks
  • 1. Regulatory Environment
  • 2. Corporate Governance
  • 3. Risk Culture
Topic 3: Risk Identification and Mitigation- Enterprise Risk Management
  • 1. Risk Mitigation Strategies
  • 2. Risk Assessment Techniques
  • 3. Risk Monitoring
Topic 4: Market Risk- Market Risk Measurement and Management
  • 1. Value at Risk
  • 2. Foreign Exchange Risk
  • 3. Stress Testing
  • 4. Interest Rate Risk
Topic 5: Asset and Liability Management- Balance Sheet Risk
  • 1. Liquidity Risk
  • 2. Capital Management
  • 3. Funding Risk
Topic 6: Credit Risk- Credit Risk Analysis
  • 1. Credit Ratings
  • 2. Credit Derivatives
  • 3. Counterparty Risk
  • 4. Credit Exposure

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