First-tier services

We have applied the latest technologies to the design of our 8008 test prep not only on the content but also on the displays. As a consequence you are able to keep pace with the changeable world and remain your advantages with our 8008 training materials. Besides, you can consolidate important knowledge for you personally and design customized study schedule or to-do list on a daily basis. The last but not least, our after-sales service can be the most attractive project in our 8008 guide torrent. We have free online service which means that if you have any trouble using our study materials or operate different versions on the platform mistakenly, we can provide help for you remotely in the shortest time.

Time is valued especially when we are all caught up with plans and still step with the handy matters. If you suffer from procrastination and cannot make full use of your sporadic time during your learning process, it is an ideal way to choose our 8008 training materials. We can guarantee that you are able not only to enjoy the pleasure of study but also obtain your certification successfully, which can be seen as killing two birds with one stone. You will have a full understanding about our 8008 guide torrent after you read the following advantages. And you will be surprised to find our superiorities than the other vendors.

DOWNLOAD DEMO

Safety and Security Guarantee

We have data protection act for you to avoid information leakage and virus intrusion to guarantee the privacy and personal right of purchasing our 8008 training materials. We regard the customer as king so we put a high emphasis on the trust of every users, therefore our security system can protect you both in payment of 8008 guide torrent and promise that your computer will not be infected during the process of installment. Moreover, if you end up the cooperation between us, we will never break the ethical code to sell your details to the 3rd parties and we have the responsibility to delete your personal information on 8008 test prep. When it comes to payment method, each customers should pay the by credit card so that you can check for the purchasing process online in a more reliable and transparent way.

Updating system for free

Our professions endeavor to provide you with the newest information with dedication on a daily basis to ensure that you can catch up with the slight changes of the 8008 test. Therefore, our customers are able to enjoy the high-productive and high-efficient users' experience. In this circumstance, as long as your propose and demand are rational, we have the duty to guarantee that you can enjoy the one-year updating system for free. After purchasing our 8008 test prep, you have the right to enjoy the free updates for one year long, compared with the other companies' three months or five months, you can be touched by our superiority on the after-sales services.

PRMIA PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition Sample Questions:

1. Which of the following are a CRO's responsibilities:
I. Statutory financial reporting
II. Reporting to the audit committee
III. Compliance with risk regulatory standards
IV. Operational risk

A) II and IV
B) I and II
C) III and IV
D) All of the above

2. Which of the following statements is true in relation to collateral management?
I. A collateral management system need not consider the failure by counterparties to return collateral when due II. The extent to which counterparties may have rehypothecated collateral is not a consideration for a collateral management system III. Cash is an acceptable substitute for any type of collateral required to be posted IV. Haircuts do not apply to treasury issued instruments posted as collateral

A) II and III
B) I, II, III and IV
C) None of the statements is true
D) I, II and III

3. Which of the following formulae describes CVA (Credit Valuation Adjustment)? All acronyms have their usual meanings (LGD=Loss Given Default, ENE=Expected Negative Exposure, EE=Expected Exposure, PD=Probability of Default, EPE=Expected Positive Exposure, PFE=Potential Future Exposure)

A) LGD * ENE * PD
B) LGD * EPE * PD
C) LGD * PFE * PD
D) LGD * EE * PD

4. In respect of operational risk capital calculations, the Basel II accord recommends a confidence level and time horizon of:

A) 99% confidence level over a 10 year time horizon
B) 99% confidence level over a 1 year time horizon
C) 99.9% confidence level over a 1 year time horizon
D) 99.9% confidence level over a 10 day time horizon

5. Which of the following is true in relation to a Contingency Funding Plan (CFP)?
I. A CFP is like a disaster recovery plan to deal with a liquidity crisis II. A CFP should consider market stress conditions, but failures of payment systems are not relevant as they fall under the remit of operational risk III. Reputational damage may result if the market finds out that a firm has had to execute its CFP IV. Sources of emergency funding considered in the CFP should include the role of the central bank as the lender of last resort

A) IV
B) II and IV
C) I and III
D) I, II and III

Solutions: