2011 PRM Certification - Exam III: Risk Management Practices
Market . Liquidity and Asset Liability Management Risk Manager (MLARM) Certificate Exam
ORM Designation - Part 1
ORM Designation - Part 2
According to the Group of 30 Report, option contracts:
Always generate credit risk to both counterparties
Create credit risk only for the buyer (due to default by the seller) provided the premium is due, and paid, at contract initiation
Create no credit risk, since the buyer need not exercise the option
Usually create credit risk only for the seller (to default by the buyer)
The multi-dimensional risk problem at Northern Rock did not include which one of the combinations of the following?
LPHI Risk; Business Model; Solvency vs. Liquidity: and Deposit Protection
Corporate Governance; Moral Hazard; Role of Government; and Credit Risk
Deposit Protection; Moral Hazard; Business Model; and LPHI Risk
Business Model; Corporate Governance; Moral Hazard; and Deposit Protection
As a PRMIA member, you have certain responsibilities. Among these are the requirement(s) to:
Vote in Board elections
Attend at least one PRMIA chapter meeting per year
Adhere to the PRMIA Standards of Best Practice, Conduct and Ethics
All of the above