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PRMIA 8003 Exam Syllabus Topics:

SectionWeightObjectives
Risk Management Frameworks11%- Enterprise Risk Management (ERM)
- Economic capital and risk appetite
- Capital adequacy and regulatory frameworks
- Risk governance and oversight
Credit Risk29%- Credit portfolio management
- Credit derivatives and securitization
- Credit risk fundamentals and lifecycle
- Probability of Default (PD), LGD, EAD
Counterparty Credit Risk8%- Counterparty exposure measurement
- Credit Valuation Adjustment (CVA)
- Mitigation techniques
Market Risk23%- Market risk governance
- Trading book risk management
- VaR and stress testing
- Commodity and interest rate risk
ALM and Liquidity Risk8%- Funds Transfer Pricing (FTP)
- Asset-Liability Management
- Liquidity risk measurement and management
Operational Risk16%- Operational risk identification and assessment
- Risk measurement and modeling
- Risk mitigation and control
- Basel requirements for operational risk
PRMIA Standards and Ethics5%- Professional conduct and ethics
- Standards of Best Practice

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