Certified Energy Risk Management Professional

CENRMP

The Certified Energy Risk Professional [CENRMP] challenges candidates to understand and apply a wide range of knowledge and skills necessary to effectively manage energy risk. The curriculum is updated annually by a group of distinguished energy professionals and leading academics with diverse backgrounds, ensuring that the designation meets the evolving demands of the energy industry

Currently, more than 2,000 certified ERMPs are employed internationally in a range of industry sectors, including crude oil exploration, production, and refining; power generation and distribution; renewable energy project development; commodity trading; asset management; consulting; technology; and market regulation.

By earning your CERMP certification, you will be joining a global network of professionals across the energy industry. Moreover, employers know that CERMPs have the knowledge needed to anticipate and respond to critical issues, providing them with an edge in their career and professional development.

WHO SHOULD CONSIDER THE CERMP CERTIFICATION?

ALL ENERGY PROFESSIONALS

The CERMP helps professionals working in the energy markets to broaden their knowledge of the complex energy value chain and its interconnection with financial markets. It will help sharpen your ability to identify, analyze, and manage risk, and will help you keep pace with emerging industry trends, particularly in areas where they lack direct professional experience. If you are at the start of your career, earning your

CERMP is an excellent way to demonstrate that you possess the knowledge and skills necessary to take on additional challenges and responsibilities in the energy space, and to differentiate yourself from your peers.

CAREER CHANGERS

If you are considering a career in energy, becoming an CERMP can accelerate your transition. Professionals from non-finance, non-risk, or non-energy roles become CERMPs in order to develop specialized, practical knowledge that can be applied in the global energy market. Undertaking the rigorous course of study to become an CERMP signals your commitment to understanding energy markets to potential employers.

 STUDENTS

If you are a student interested in a career in the energy industry, you may elect to sit for the CERMP

The CERMP Program can complement your prior coursework or help you develop a foundation of specialized knowledge that goes beyond your university curriculum. Engaging with the CERMP Program underscores your dedication to learning about the energy marketplace to prospective hiring managers.

BENEFITS OF  CERMP

  • Demonstrate your knowledge: Earning your certification shows that you have mastered the knowledge bases necessary to effectively assess and manage risk.
  • Highlight your experience: The designation testifies that you have worked in the field for at least two years, signaling to employers that you have the experience
    necessary to succeed.
  • Join an elite group: You’ll be part of a network of like-minded professionals, allowing you to expand your career opportunities.
  • Underscore your reliability: All CERMPs are expected to adhere to the GARP Code of Conduct, letting employers know that you will help safeguard their firm’s reputation
  • Enroll for the EXAM now!

Course Modules

Physical Energy Markets

  • Crude Oil
  • Refined Petroleum Products
  • Natural Gas
  • Liquefied Natural Gas
  • Electricity
  • Alternative Energy

Financial Trading Instruments

  • Futures
  • Options
  • Other Derivatives
  • Electricity Trading
  • Carbon Finance/ Emissions Markets

Valuation and Structuring of Energy Transactions

  • Volatility
  • Correlations
  • Option pricing models

Risk Management in Financial Trading

  • Value-At-Risk
  • Hedging
  • Trading Strategies
  • Credit Risk
  • Counter-Party Risk
  • Carbon Finance/ Emissions Markets

Financial Disclosure, Accounting And Compliance In The Energy Industry

  • Financial Accounting Standards Board (FASB)
  • Sarbanes-Oxley Act of 2002
  • International Accounting Standards Board (IASB)
  • Securities and Exchange Commission (SEC)
  • Basel Committee on Banking Supervision Comment on Fair Value Measurements
  • North American Electric Reliability Corporation (NERC)
  • • Commodities Futures Trading Commission (CFTC)
  • Financial Services Authority
  • Open Compliance and Ethics Group

Hedging

What is hedge?

Types of hedging

Hedging strategies

Hedgeable risk

Energy hedging

Energy Trading

What is energy trading? Where and How?

Overview of energy trading and risk management

Energy trading and risk management system