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PRMIA 8003 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Risk Management Frameworks | 11% | - Enterprise Risk Management (ERM) - Economic capital and risk appetite - Capital adequacy and regulatory frameworks - Risk governance and oversight |
| Credit Risk | 29% | - Credit portfolio management - Credit derivatives and securitization - Credit risk fundamentals and lifecycle - Probability of Default (PD), LGD, EAD |
| Counterparty Credit Risk | 8% | - Counterparty exposure measurement - Credit Valuation Adjustment (CVA) - Mitigation techniques |
| Market Risk | 23% | - Market risk governance - Trading book risk management - VaR and stress testing - Commodity and interest rate risk |
| ALM and Liquidity Risk | 8% | - Funds Transfer Pricing (FTP) - Asset-Liability Management - Liquidity risk measurement and management |
| Operational Risk | 16% | - Operational risk identification and assessment - Risk measurement and modeling - Risk mitigation and control - Basel requirements for operational risk |
| PRMIA Standards and Ethics | 5% | - Professional conduct and ethics - Standards of Best Practice |
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