Leading Excellence in Banking

PROFESSIONAL RISK MANAGER (PRM)Exam Preparatory Programme

BIBF plays a vital role in the training and development of human capital in the Middle East and North Africa.

Our commitment to excellence has strengthened our position as the leading educational provider across all major business disciplines.

We serve as a partner to numerous world-class institutions; delivering thought leadership, assessment and training in the areas of Banking, Accounting & Finance, Assessment & Development, English & Business Communication, Human Resources, Information Technology, Insurance, Interpersonal Skills, Islamic Finance, Leadership & Management, Marketing, Sales & PR, and Project Management.

BIBF’s Global Reach

The Professional Risk Manager (PRM™) is a designation awarded by the Professional Risk Managers’ International Association (PRMIA). It is a globally recognised, graduate-level risk management credential. Today’s Risk Professionals are expected to know and understand industry best practices and be committed to using them. There is no better way for risk managers to show their commitment than by proving that they have the knowledge, skills, and qualifications to back their experience.

It is built by broad coalition of industry leaders to achieve the mission of establishing a leading form of education, validation and certification in the risk management profession. The PRM candidates come from over 100 countries, more than any other risk certification programme.

PRM consists of a series of evaluation exams, designed for the development of professional risk managers. Candidates are required to pass four exams to be awarded the PRM designation. BIBF is offering a comprehensive teaching course based on PRMIA recommended study materials, covering the full syllabus.

The Professional Risk Managers’ International Association (PRMIA) was established in 2002 by a volunteer group of risk industry professionals. It is a non-profit professional association, governed by a Board of Directors directly elected by its global membership. Its mission is to provide an open forum for the development and promotion of the risk profession.

For more information visit: www.prmia.org

About the Programme

Awarding Body

Exam Name Weighting No. of Questions Exam Duration

I Finance theory, financial instruments and markets 30% 36 2.0 hrs.

II Mathematical foundations of risk measurement 20% 24 2.0 hrs.

III Risk management practices 30% 60 3.0 hrs.

IV Case studies, PRMIA standards of best practice,

Conduct and ethics, bylaws. 20% 24 1.0 hrs.

Assessment

Examination Structure and Duration

The PRM exams are computer-based and assessed through 120 MCQ’s.

To meet with the needs of busy professionals, the programme provides for great flexibility;

• Four separate exams, varying in length from one to three hours, which can be taken in any order over a period of up

to two years.

Programme Details

Name: Professional Risk Manager (PRM), awarded by The Professional Risk Managers International Association (PRMIA)

Duration: 1 year on average (204 hours). Exemptions apply (Found on page 3)

Who Will Benefit?

The Professional Risk Manager Programme has been designed for those:

• Looking to develop their knowledge and understanding of risk management

• Looking to advance their career in risk management

• Seeking professional certification in the area of financial risk management

PRM Syllabus in brief • Classic finance theory underpinning risk management

• Foundations of risk measurement

• Foundation of option theory

• Financial instruments and their associated risks and uses

• Daily form and function of trading markets

• Risk management best practices

• Lessons learned from failed systems and practices and

major risk events

• Best practices of governance, conduct and ethics

• Foundations and complexities of Asset Liability

Management

• Foundations of Liquidity Risk

• Complexities of structured products

• Operational risk best practices

• Counter party risk management (CVA, DVA, XVA) elements

The two-year period commences from the date of the first successful PRM

examination. Candidates may take exams over more than a two-year period,

but any exams passed more than two years in the past will need to be retaken.

Exam Frequency

Candidates can take the full exam in one set. If candidate wish to

set each part separately, the exams are offered at fixed intervals

throughout the year.

Exemptions The PRM programme recognises other professional designations and

gives partial credit towards completion of the requirements for the

PRM certification. “Cross-over” candidates need only to pass the

following exams to receive the PRM:

Certificate Exam

CFA charter holders III and IV

CIIA,CEFA charter holders III and IV

CQF holders III and IV

Actuarial fellows III and IV

Associate PRM certificate I, II and III

Actuarial associates I, III and IV

CSI financial risk management graduates II, III and IV

CAIA financial Risk management graduates II, III and IV

Entry RequirementsPRM holders are only validated with the attainment of a minimum level of either education or work experience.

Minimum experience required:

• 4 Years, if the candidate is not a bachelor degree holder.

• 2 Years, if the candidate holds a bachelor’s degree.

No experience requirements, if graduate school or holder of other accepted professional Designations

(CFA,CAIA,CQF, etc.)

Programme FeesBD 1,750/-* (All 4 Parts) inclusive of:

• BIBF training & mentoring sessions

• BIBF Handouts

• Practice questions

Fee per part:

• Part 1: BD 475/-*

• Part 2: BD 500/-*

• Part 3: BD 725/-*

• Part 4: BD 200/-*

*The fees excludes PRMIA student registration and exam fees. Please refer to the below website for

further information: http://www.prmia.org/prm-exam/fees-and-registration

www.tamkeen.bh@ tamkeenbahrain

Call 1738 3333

To benefit from TAMKEEN’S PROFESSIONAL CERTIFICATION SCHEME please visit: http://www.tamkeen.bh/tpcs

Terms & Conditions apply.

www.tamkeen.bh@ tamkeenbahrain

Call 1738 3333

To benefit from TAMKEEN’S PROFESSIONAL CERTIFICATION SCHEME please visit: http://www.tamkeen.bh/tpcs

Terms & Conditions apply.

How to ApplyVisit the BIBF website at: www.bibf.com to obtain a registration form. Admission to the programme will be through

an application process. Ensure that you have the minimum entry qualifications before applying. Please send your

application to the programme officer by e-mail banking@bibf.com or call +9731781555/ Ext: 5591.

Applicants will need to provide their CV when applying for the programme. Students applying for this programme will

be screened by the programme admission team before acceptance

Eligible candidates will be admitted to the programme on a first-come first-serve basis.

All applications are handled with extreme confidentiality. No personal information regarding the student will be shared

with third parties. The selection of students is done with due care and BIBF reserves the right to deny admission to any

applicant who does not meet its set standards of Admissions.

The applicants who meet the criteria set out by BIBF will be processed in line with its policy guidelines.

Application DeadlinesApplications are accepted throughout the year, although there is a cut-off date of two weeks prior to the start date of

the programme.

Student ObligationsStudents who are selected will be duly informed about the commencement of the programme and the procedures

regarding regulations, academic support and assessment. Students have the freedom to withdraw their decision two

weeks before the start date of the programme.

Student CharterPlease visit: http://bibf.com/Banking/Student-charter.pdf for the student charter. Students are expected to read the

student charter and fully understand the roles and responsibilities of a BIBF student and reasonable expectations from

BIBF programmes.

Review of Student Recruitment and Admission PoliciesBIBF has specialist departments (such as the Registration Department) to process and support admissions and enrolments,

which will be monitored by the Centre Head. Process flow for student recruitment and registration can be found on the

website along with information on the process of handling student and customer feedback: http://bibf.com/Banking/

Code-of-practice.pdf

Registration FormPROFESSIONAL RISK MANAGER (PRM™)

Self Sponsored

Name of Participant

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

Organisation *Nationality *Date of Birth (mm/dd/yy)

*Address

*CPR *Country Office Tel

*Mobile Residence Tel Fax

*Email (Personal) Email (Work)

*Signature Date

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

Organisation *Nationality *Date of Birth (mm/dd/yy)

*Address

*CPR *Country Office Tel

*Mobile Residence Tel Fax

*Email (Personal) Email (Work)

*Signature Date

Self Sponsored Organisation Sponsored

Organisation Sponsored

Organisation Information

Contact Person :

Mr/Mrs/Ms First Name Middle Name Last Name

Position Department

*Nationality *CPR

Address

Organisation Country

Office Tel Fax Email

*Signature & Stamp Date

Name of the Participant

BIBF Application Fee (Non-refundable) BD 25

Please forward this form to: The Registrar, BIBF, PO Box 20525, Manama, Kingdom of Bahrain +973 17 815555 +973 17 729928 / 17916420 info@bibf.com or banking@bibf.com

Methods of Payment

Cheque Please find enclosed a cheque for made payable to BIBF.

or Credit card Please debit my credit card Visa Mastercard

Card No. Expiry Date

Cardholder’s Name Signature

Cash

BD 1,750/- per participant This includes:• BIBF Training and mentoring sessions • BIBF handouts • On-line Epsilen platform for blended learning• PRMIA-recommended course book • Practice quizzes

INFORMATION DESK

Receipt Number Amount Date

Comments

Information Desk Attendant Signature

REGISTRATION OFFICE

Student ID Registered By Date

Comments

FOR BIBF OFFICE USE ONLY

7. BIBF reserves the right to change the fee structure without prior notice.

Refund Policy:

Two weeks and above prior to commencement date 100% Refund

Less than two weeks prior to commencement date 80% Refund

Less than one week prior to commencement date No Refund

TERMS & CONDITIONS:

1. BIBF offers courses on the basis that there will be sufficient students to justify running it or else the course will be cancelled.2. BIBF may modify the dates or cancel the course should any unexpected/unavoidable circumstances arise. BIBF’s liability in the event of any modification or cancellation will be limited to cover the fully paid course fees.3. In the event of cancellation of the course, BIBF will refund the amount paid in full by the student for the course. If the course is postponed by BIBF, the students have the option to ask for a refund.4. Students should attend the full duration of the course as scheduled and strictly abide with the stated course timings. In the event of a student attending less than 80% or the total course hours, the student will be withdrawn from the course, marked as a “Drop Out”, and requested to re- register. 5. Course deferral requests should be made by a student in writing one week prior to the course commencement date. No deferral requests will be entertained thereafter. Fees can be deferred for one session only, and course fees paid will not be refunded. Students are not allowed to attend a different course/subject for an approved deferral request.6. Students may withdraw from their course by giving a written notice of not less than one week prior to the commencement date. The refund policy of the Centre will apply.

Programme Fees Fee per part:Part 1: BD 475/-* Part 2: BD 500/-* Part 3: BD 725/-* Part 4: BD 200/-*

Leading Excellence in Banking

For further information, and to register:Please contact the Centre for Banking

+973 1781 5555 / 5591

+973 1772 9928

Info@bibf.com or banking@bibf.com