MLARM Certificate Exam Prep

The Market, Liquidity, and Asset Liability Risk Management self-study course is intended to prepare individuals for the MLARM certificate exam and is aligned to the MLARM Handbook. 


 Course Access
30-day course access from date of purchase

Self-paced, self-study

Emilian Belev

10 hours of video content


About This Course
This program is designed to deliver a deep, practical understanding of market, liquidity and asset liability risk management, their frameworks, and various measurement methodologies in financial institutions. Successful candidates will be better prepared to implement the processes, policies and procedures around these areas, as well as gain a deep overview of the related tools and techniques. it offers:

  • 10 hours of learning content, aligned to the MLARM Handbook
  • Clear and concise discussion of the technical content from the MLARM Handbook
  • Examples of how to apply each lesson's principles
  • Welcome and Overview
  • Advanced Value at Risk Models
  • Commodity Market Risk Management and Stress Testing
  • Asset Liability Management
  • Bank Fund Transfer Pricing

Who Should Attend
  • Those who wish to refresh their knowledge in preparation for taking the exam
  • Those who are beginning their MLARM study

About Our Expert


Emilian Belev has led the research and development of Northfield's Enterprise Risk Analytics for more than a decade. The range of models under his responsibility includes equity and fixed income, currency, interest rate, and credit derivatives, structured products, directly owned real estate, private equity and infrastructure. Emilian is also responsible for designing an integrated framework for all asset classes to be analyzed in a coherent, accurate, and economically intuitive fashion. Emilian has introduced various innovative methodologies in the areas of convertible bonds modeling, MBS path dependency, efficiency of numeric derivative pricing algorithms, credit risk analysis, infrastructure investments, and directly owned real estate. Emilian has presented on some of these topics at various industry events in North America and Europe.

Emilian is an actively involved CFA, holder of the Certificate in Advanced Risk and Portfolio Management, a member and founding member of respectively QWAFAFEW Boston and QWAFAFEW Toronto, a member of the PRMIA expert advisory group for Market Risk, a winner of the 2013 Professional Risk Management International Association award for New Frontiers in Risk Management, and recipient of the 2015 American Real Estate Society award for Best Practitioner Research.

Continued Risk Learning Credits: 10

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].

 Membership Type Price
 Members $ 169.00
 Non Members $ 199.00


Immediate access to the course is granted for 30 days after your purchase. Please complete the course within that time period.

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For technical issues regarding course access, contact [email protected]

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