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PRMIA 8012 Exam Syllabus Topics:

SectionObjectives
Topic 1: Asset Liability Management- ALM Framework
  • 1. Duration and gap analysis
  • 2. Funds transfer pricing
  • 3. Interest rate risk in the banking book
  • 4. Balance sheet management
Topic 2: Implementation and Best Practices- Practical Applications
  • 1. Market and liquidity risk monitoring
  • 2. ALM tools and techniques
  • 3. Risk management policies and procedures
Topic 3: Market Risk Management- Market Risk Frameworks
  • 1. Value at Risk methodologies
  • 2. Stress testing and scenario analysis
  • 3. Risk identification and measurement
  • 4. Market risk concepts and governance
Topic 4: Regulatory and Governance Considerations- Regulatory Requirements
  • 1. Internal controls and oversight
  • 2. Basel liquidity standards
  • 3. Risk governance and reporting
Topic 5: Liquidity Risk Management- Liquidity Risk Principles
  • 1. Liquidity measurement techniques
  • 2. Sources of liquidity risk
  • 3. Contingency funding planning
  • 4. Liquidity stress testing
Topic 6: Risk Measurement Techniques- Quantitative Methods
  • 1. Risk-adjusted performance measures
  • 2. Sensitivity analysis
  • 3. Scenario modeling

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