This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. Professional risk manager handbook pdf provides certification and credentialing for professional risk managers, as well as other educational programs and resources. The designation was first awarded in 2004.
The PRM is an “independent validation” of skills within the financial risk management profession, additionally requiring a commitment to professional ethics. The PRM and the Global Association of Risk Professional’s FRM are often compared as being the two definitive risk management designations in the industry.
The PRM program recognizes other professional designations and gives partial credit to “cross-over” candidates, as well as to graduates of select university programs. The recommended reading material is the seven volume Professional Risk Managers’ Handbook edited and authored by various practitioners and academics, including Salih Neftci and Paul Wilmott. PRM Online Training is available for those who wish to access customized online learning.
To maintain the designation holder’s are required to complete 20 “Continuing Risk Learning” credits each year, to renew their “Sustaining Membership”, and to uphold the professional and ethical standards as defined by the PRMIA Standards of Best Practice, Conduct and Ethics. PRMIA offers various stand-alone certificate programs designed to give a “focused” and “practical” understanding of various areas of risk management. The computerized tests are offered on all business days.