PRM (Professional Risk Manager)

The PRM™ designation, offered by the Professional Risk Managers' International Association (PRMIA), is a globally recognized credential for risk management professionals. The syllabus and pattern for the PRM exam may vary slightly depending on the location, but the core content remains the same. Here's an overview for Russia:

Exam Format:
⚫ Computer-based, delivered at Prometric testing centers worldwide.
⚫ 4 hours in duration, with 100 multiple-choice questions.
⚫ No negative marking.

Content Areas:

The PRM exam in Russia covers the following six core areas, with approximate weightings:

Foundations of Risk Management (20%)-
⚫ Risk Management Concepts and Frameworks
⚫ Risk Identification and Assessment
⚫ Risk Measurement and Quantification

Credit Risk Management (20%)-
⚫ Credit Risk Measurement and Modeling
⚫ Loan Portfolio Management
⚫ Credit Derivatives and Securitization

Market Risk Management (20%)-
⚫ Value at Risk (VaR) and Expected Shortfall (ES)
⚫ Interest Rate Risk Management
⚫ Foreign Exchange Risk Management

Operational Risk Management (15%)-
⚫ Operational Risk Identification and Assessment
⚫ Operational Risk Measurement and Modeling
⚫ Operational Risk Mitigation and Control

Quantitative Methods (15%)-
⚫ Statistics and Probability
⚫ Financial Mathematics
⚫ Time Series Analysis and Forecasting

Current Issues in Risk Management (10%)-
⚫ Emerging Risks and Trends
⚫ Regulatory Developments
⚫ Professional Ethics and Conduct

Additional Resources:-
⚫ PRMIA Russia Chapter: https://www.prmia.org/
⚫ They host events, workshops, and networking opportunities for risk professionals in Russia.
⚫ PRMIA PRM™ Website: https://prmia.org/Public/Public/PRM/Becoming_a_Certified_PRM.aspx
⚫ Provides detailed information about the exam syllabus, study materials, and registration process.

Please note:
⚫ It is recommended to consult the official PRMIA website and Russia Chapter for the latest updates and announcements.
⚫ Consider contacting PRMIA Russia for guidance on local study materials and preparation resources.