Description
PROGRAM OVERVIEW
This training prepares professionals for the PRM Certification, a globally recognized credential for risk management experts. It covers quantitative risk analysis, financial risk modeling, enterprise risk management (ERM), and regulatory compliance. The program aligns with PRMIA’s four exams and is ideal for those pursuing careers in banking, hedge funds, insurance, and corporate risk management.
KEY OBJECTIVES
By the end of this training, participants will:
✔ Master financial mathematics, statistics, and risk modeling (VaR, Monte Carlo, stress testing).
✔ Understand market, credit, operational, and liquidity risk frameworks.
✔ Learn Basel III/IV, FRTB, and regulatory capital requirements.
✔ Develop skills in risk governance and ERM implementation.
✔ Prepare to pass the PRM Certification exams (I-IV).
AGENDA
Module 1: Finance Theory, Financial Instruments, and Markets
- Time value of money, fixed income, derivatives (options, futures, swaps)
- Portfolio theory (CAPM, APT, hedging strategies)
Module 2: Mathematical Foundations of Risk Measurement
- Probability distributions, hypothesis testing, regression analysis
- Value-at-Risk (VaR), Expected Shortfall (ES), backtesting
Module 3: Risk Management Practices
- Market, credit, operational, and liquidity risk
- Stress testing & scenario analysis
- Basel III/IV, FRTB, and regulatory compliance
Module 4: Case Studies & Applications
- Real-world risk management failures (e.g., LTCM, 2008 Financial Crisis)
- ERM frameworks (COSO, ISO 31000)
- Risk-adjusted performance metrics (RAROC, Economic Capital)
Module 5: PRM Exam Preparation
- Mock tests & practice questions
- Key formulas and concepts recap
- Exam-taking strategies
KEY TAKEAWAYS
Advanced risk quantification techniques (VaR, Monte Carlo, stress testing)
Deep understanding of Basel III/IV and FRTB regulations
Hands-on risk modeling using Excel/Python/R (optional)
Best practices in enterprise risk management (ERM)
Readiness to pass PRM Exams I-IV
PROGRAM OUTCOMES
- Ability to design and implement risk management frameworks.
- Skills to assess and mitigate financial risks (market, credit, liquidity).
- Knowledge of regulatory capital and compliance requirements.
- Globally recognized PRM certification (enhances career prospects).
- Competitive edge in risk analytics, trading, and banking roles.
WHO SHOULD ATTEND?
Risk Managers & Analysts
Traders & Portfolio Managers
Auditors & Compliance Officers
Quants & Financial Modelers
CFOs & Treasury Professionals
Regulatory & Banking Professionals
DELIVERY METHOD
- Instructor-led training (Virtual/In-Person)
- Case studies, Excel/Python-based risk modeling exercises
- PRM exam prep materials & mock tests
- Post-training support & discussion forums
CERTIFICATION ALIGNMENT
This training fully prepares participants for the PRM Certification by PRMIA, covering:
- Exam I: Finance Theory & Financial Instruments
- Exam II: Mathematical Foundations of Risk
- Exam III: Risk Management Practices
- Exam IV: Case Studies & PRM Standards
DURATION & FORMAT: 5-day intensive workshop
WHY GET PRM CERTIFIED?
Global recognition as a risk management expert
Higher earning potential (PRMs earn 20-30% more than non-certified peers)
Career opportunities in risk analytics, consulting, and regulatory roles
