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The Credit and Counterparty Manager (CCRM) Certificate Exam certification program aims to provide a structured approach to the credit risk management process, including the assessment of creditworthiness, the analysis of credit risk metrics, and the implementation of appropriate risk mitigation strategies. The program also covers counterparty risk management, which involves evaluating the risk associated with counterparties that have contractual obligations with a financial institution. Credit and Counterparty Manager (CCRM) Certificate Exam certification program is highly reputable in the finance sector and is recognized globally, making it highly sought-after by professionals who want to excel in their career.
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PRMIA, or the Professional Risk Managers' International Association, is a global organization dedicated to advancing the risk management profession through education, networking, and advocacy. One of the key offerings of PRMIA is its certification program, which includes the Credit and Counterparty Manager (CCRM) Certificate. The CCRM is a comprehensive exam that tests candidates' knowledge of credit risk and counterparty risk management.
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| Section | Objectives |
|---|---|
| Management of CVA and DVA | - Operational implementation
|
| Credit Portfolio Management | - Risk-adjusted performance
|
| Credit Derivatives and Securitization | - Credit derivatives
|
| Classic Credit Risk Methodology | - Risk management practices
|
| Standardized Approach for Counterparty Credit Risk | - Regulatory capital treatment
|
| Classic Credit Products and Lifecycle | - Credit lifecycle management
|
| Modern Credit Risk Modeling | - Portfolio risk models
|
| Counterparty Risk | - Counterparty exposure
|
| CVA and DVA | - Debit valuation adjustment
|
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