About this Training
Presented by: Bob Mark, PhD
Delivery: Virtual Training
Date: Mondays, October 1-November 26, 2018
Exam Review Session: Week of December 3, 2018
No session week of November 19
Session Length: 75 minutes
In today’s volatile financial market, the need for risk management knowledge and understanding at all levels of management is critical. Now more than ever before, it is essential to understand the multiple dimensions of risk as well as how to best manage risk to gain a competitive advantage. The Associate PRM Certificate is designed to be mathematically and theoretically less detailed than the Professional Risk Manager (PRM) certification, this program covers the core concepts of risk management, allowing non-specialists to interpret risk management information and reports, make critical assessments, and evaluate the implications and the limitations of such results.
Upon successful completion of this training, candidates will be able to:
• Understand corporate governance, compliance, and risk management
• Implement integrated risk management
• Know how to measure, manage, and hedge market, credit (retail and corporate), and operational risk
• Define the roles of board members and senior management in managing risk
Your purchase of this online training includes access to eight pre-recorded and one exam review sessions, presented by Dr. Robert Mark. Copies of presentations, and section study guides, which include sample questions, are also included. Book Excerpts, Case Studies and Standards are available on the PRMIA website.
The Associate PRM course and certificate are based on the book, The Essentials of Risk Management, Second Edition, Each require a separate purchase:
Purchase the book
Purchase the APRM exam authorization
Who Should Attend
Staff with 1-5 years experience in the risk management profession; team members who interface with risk management disciplines on a regular basis, such as auditing, accounting, legal, and systems development personnel. Anyone interested in the foundations of risk management methods and practices.
How It Works
Each week, the pre-recorded class and materials will be launched. You will have an opportunity to interact with your classmates as well as submit questions to our expert. Questions must be submitted during the course period (Monday - Sunday). You may access the recorded series and handouts for a one-year period.
Week 1, October 1, 2018: Overview, corporate risk management and the theory of risk and return
Week 2, October 8, 2018: Governance in risk management and PRMIA standards
Week 3, October 15, 2018: An introduction of Financial Markets
Week 4, October 22, 2018: Interest rate risk and hedging
WEek 5, October 29, 2018: Market risk and asset-liability management
Week 6, November 5, 2018: Retail and commercial risk management
Week 7, November 12, 2018: Operational Risk and Performance Measures
No session week of November 19
Week 8, November 26, 2018: Case studies and derivatives best practices
Week 9, December 3, 2018: Exam Review
Sustaining Member $449 | Contributing Member $499 | Non-Member $599
About Our Expert
Dr. Bob Mark is a Managing Partner of Black Diamond Risk Enterprises , which provides corporate governance, risk management consulting, risk software tools and transaction services. He is also the Founding Executive Director of the Masters of Financial Engineering Program at the UCLA Anderson School of Management. Dr. Mark was awarded the Financial Risk Manager of the Year by the Global Association of Risk Professionals (GARP) and is co-founder of the Professional Risk Managers’ International Association (PRMIA). He serves on several boards.
Prior to his current position, he was the Senior Executive Vice-President and Chief Risk Officer (CRO) at the Canadian Imperial Bank of Commerce (CIBC). Dr. Mark was a member of the Management Committee and was also responsible for the Corporate Treasury function. His global responsibility covered all credit, market, and operating risks for all of CIBC as well as for its subsidiaries.
He earned his PhD in applied math from New York University, Graduate School of Engineering and Science, graduating first in his class. Subsequently, he received an Advanced Professional Certificate (APC) in accounting from NYU, Stern Graduate School of Business, and is a graduate of the Harvard Business School Advanced Management Program. He is an Adjunct Professor and co-author of Risk Management (McGraw-Hill), published in 2001 as well as a co–author of The Essentials of Risk Management (McGraw Hill) published in 2006; 2nd Edition published in 2014. Dr. Mark was a Risk Advisory Director at Entergy, served on the boards of ISDA, Royal Conservatory, Fields Institute for Research in Mathematical Sciences, IBM’s Deep Computing Institute, and PRMIA, as well as the Chairperson of the National Asset/Liability Management Association (NALMA).
Continuing Risk Learning Credits: 10
PRMIA Continuing 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@example.com.