(ORM) Designation Practice Exams Part 1 & 2 (8015 & 8016)

Practice Exam

These are the practice exam for Exam 1 and 2 of the Professional Operational Risk Manager (ORM) Designation. 

Developed by a broad coalition of industry leaders to reflect the mission objectives of the association and to establish the leading form of education, validation, and certification for operational risk managers, the Professional ORM Designation demonstrates the competency of professional operational risk managers related to operational risk management.
 

Exam 1 covers the following topics:

  • Operational risk management frameworks and taxonomies
  • Compliance risk management
  • Enterprise risk management approaches
  • Risk control, control frameworks and financial controls
  • Emerging risk identification and management
  • Risks such as country/sovereign, geopolitical, conduct, reputation, corporate treasury, climate, etc.
  • Processing and execution of operational risk
  • Business continuity and resiliency
  • IT, IS, and cyber security
  • Theft and fraud risk, and financial crime
  • Risk profiles, KRIs, scenario analysis, and the use/types of risk information
  • Risk modeling approaches and risk models
  • Bank and regulatory requirements
  • Risk monitoring and controls
  • COBIT and COSO frameworks
  • Sarbanes-Oxley
  • Skills related to analytics, communication, teaming, project management and influence 
 
Exam 2 examines knowledge of the case studies identified as being important for the work of operational risk managers.

 

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Once you have completed your purchase of this Sample Exam Bank, you will be able to access it in your "My Learning Programs" section of you profile on the PRMIA.org website. Make sure you are logged into the site, click on your name at the top of the page and selection "My Participation".

 
Price List and Discounts
 Membership Type Price
   
 Sustaining, Corporate, and RIM Members $134
 Contributing Member $134
 Non Member $174

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When
12/20/2023
Where
Virtual Course
Registration not available.

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