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To prepare for the PRMIA 8011 CCRM certificate exam, candidates need to have a background in finance, statistics, accounting or an equivalent degree. It is also advisable to go through the PRMIA official study materials and attend PRMIA approved training or workshops to improve their understanding of the certification exam’s topics. Passing the exam requires dedication, determination, and hard work, but obtaining the CCRM certification can significantly enhance a risk manager's career prospects.

PRMIA 8011 CCRM Certificate exam consists of 100 multiple-choice questions that must be completed within a three-hour timeframe. 8011 exam is computer-based and is offered at designated testing centers around the world. The passing score for the exam is 60%, and candidates who successfully pass the exam are awarded the PRMIA 8011 CCRM Certificate.

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PRMIA 8011 CCRM Certificate is an advanced-level certification exam that covers a range of topics related to credit and counterparty risk management, including credit analysis, risk assessment, credit derivatives, and counterparty credit risk. 8011 exam is designed for individuals who are responsible for managing credit and counterparty risk in financial institutions, corporations, and other organizations.

The CCRM certificate is highly valued by employers in the financial services industry, and is recognized globally as a mark of excellence in credit and counterparty risk management. By passing the PRMIA 8011 CCRM exam, individuals can demonstrate their proficiency in managing credit and counterparty risk, and enhance their career prospects in the financial services industry.

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PRMIA 8011 Exam Syllabus Topics:

SectionObjectives
Topic 1: Classic Credit Risk Methodology- Traditional credit analysis
  • 1. Financial statement analysis
  • 2. Credit assessment frameworks
- Risk management practices
  • 1. Credit approval processes
  • 2. Risk rating systems
Topic 2: Classic Credit Products and Lifecycle- Credit lifecycle management
  • 1. Monitoring
  • 2. Workout and recovery
  • 3. Origination
- Traditional credit products
  • 1. Retail lending
  • 2. Corporate lending
  • 3. ESG and green lending products
Topic 3: Management of CVA and DVA- CVA management techniques
  • 1. Risk mitigation frameworks
  • 2. Hedging strategies
- Operational implementation
  • 1. Pricing adjustments
  • 2. Regulatory considerations
Topic 4: Credit Portfolio Management- Portfolio monitoring
  • 1. Concentration risk
  • 2. Diversification
- Risk-adjusted performance
  • 1. RAROC
  • 2. Economic capital
Topic 5: Standardized Approach for Counterparty Credit Risk- SA-CCR framework
  • 1. Potential future exposure calculation
  • 2. Replacement cost
- Regulatory capital treatment
  • 1. Basel framework application
  • 2. Exposure measurement
Topic 6: Modern Credit Risk Modeling- Portfolio risk models
  • 1. Stress testing
  • 2. Value at Risk models
- PD/LGD modeling
  • 1. Exposure at default
  • 2. Probability of default
  • 3. Loss given default
Topic 7: Counterparty Risk- Counterparty exposure
  • 1. Potential future exposure
  • 2. Current exposure
- Risk mitigation
  • 1. Collateral management
  • 2. Netting
Topic 8: Credit Derivatives and Securitization- Securitization structures
  • 1. Asset-backed securities
  • 2. Collateralized debt obligations
- Credit derivatives
  • 1. Total return swaps
  • 2. Credit default swaps
Topic 9: CVA and DVA- Credit valuation adjustment
  • 1. CVA measurement
  • 2. CVA interpretation
- Debit valuation adjustment
  • 1. DVA calculation
  • 2. Accounting treatment

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