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PRMIA 8012 Exam Syllabus Topics:

SectionObjectives
Market Risk Management- Market Risk Frameworks
  • 1. Value at Risk methodologies
  • 2. Risk identification and measurement
  • 3. Stress testing and scenario analysis
  • 4. Market risk concepts and governance
Liquidity Risk Management- Liquidity Risk Principles
  • 1. Contingency funding planning
  • 2. Liquidity stress testing
  • 3. Sources of liquidity risk
  • 4. Liquidity measurement techniques
Risk Measurement Techniques- Quantitative Methods
  • 1. Risk-adjusted performance measures
  • 2. Scenario modeling
  • 3. Sensitivity analysis
Implementation and Best Practices- Practical Applications
  • 1. Market and liquidity risk monitoring
  • 2. Risk management policies and procedures
  • 3. ALM tools and techniques
Asset Liability Management- ALM Framework
  • 1. Funds transfer pricing
  • 2. Duration and gap analysis
  • 3. Interest rate risk in the banking book
  • 4. Balance sheet management
Regulatory and Governance Considerations- Regulatory Requirements
  • 1. Risk governance and reporting
  • 2. Internal controls and oversight
  • 3. Basel liquidity standards

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