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PRMIA 8003 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Counterparty Credit Risk | 8% | - Counterparty exposure measurement - Credit Valuation Adjustment (CVA) - Mitigation techniques |
| Credit Risk | 29% | - Probability of Default (PD), LGD, EAD - Credit portfolio management - Credit risk fundamentals and lifecycle - Credit derivatives and securitization |
| ALM and Liquidity Risk | 8% | - Asset-Liability Management - Liquidity risk measurement and management - Funds Transfer Pricing (FTP) |
| PRMIA Standards and Ethics | 5% | - Standards of Best Practice - Professional conduct and ethics |
| Market Risk | 23% | - Commodity and interest rate risk - Market risk governance - VaR and stress testing - Trading book risk management |
| Operational Risk | 16% | - Basel requirements for operational risk - Risk mitigation and control - Operational risk identification and assessment - Risk measurement and modeling |
| Risk Management Frameworks | 11% | - Risk governance and oversight - Economic capital and risk appetite - Enterprise Risk Management (ERM) - Capital adequacy and regulatory frameworks |
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