Bank Risk Management (BRM)

Introduction


The Bank Risk Management (BRM) is an intermediate level qualification on bank risk management. It provides a qualitative introduction to bank risk and bank risk management. The aim is to produce a highly accessible guide to the practices and procedures for managing risk in banking to as wide an audience as possible.

It focuses on a wide range of risk management issues such as regulatory, credit, market, operational and liquidity risks. The goal is to assist the student develop a comprehensive understanding of bank risk management activities without getting lost in quantitative mathematical sophistication.

The content is presented in an easily readable format to enable students to understand key qualitative risk factors and how they impact risk management. Each chapter contains numerous illustrative examples and case studies of real life situations to enable students to relate theory to real world events.

Target Audience


  • Risk management entry level executive
  • Operations
  • Internal audit
  • Treasury
  • Accounting and finance
  • Legal

Modules

The qualification offers a broad-based understanding of the type of risk faced by banks and how these risks may be identified, assessed, and managed. It enables practitioners to understand fundamental risk management concepts and discuss key developments in the current banking operating environment. It builds upon the concepts learned under the risk management principles and framework. It enhances the qualitative understanding of risk management techniques through numerical examples, allowing risk managers to develop further solutions that strengthen their knowledge of risk management. It caters to specialist risk management professionals who aim to gain a deeper understanding of risk management theories and apply market, credit, operational and liquidity risk management tools.

The qualification covers the following topics:

  • Principles and Framework
  • Risk Models, Capital and Asset Liability Management

PROGRAMME FEES 


Programme Fee (RM)
(Inclusive of 6% Service Tax)
Exam Re-sit Fee (RM)
(Inclusive of 6% Service Tax)
2,438 530

Enrolment

  1. Candidates are required to be Individual Members of AICB.
  2. Candidates must meet the following entry requirements.
Entry Requirements
Available to individuals who possess:

  • a recognised degree/professional qualification; OR
  • a recognised certificate/diploma with three (3) years of risk or banking experience, OR
  • SPM or an equivalent qualification with six (6) years of risk or banking experience.

When applying to enrol for the BRM qualification via the Applicant Portal, upload the FRM/PRM certificate for us to process the exemption.

APPROVAL

  1. All applications for enrolment or exemption will be processed in accordance with the requirements set out in the regulations.
  2. Applications will be processed upon receipt of full documentations as stated in the Documentation section.
  3. Approval for enrolment or exemption will be granted based on the information/documents submitted and applicants may be contacted in case additional information is required.
  4. Applicants will be informed of the Institute’s decisions within 10 working days from date of application (upon receipt of full and complete documentation) for qualifications and experience already assessed.
  5. Where the applicant’s qualifications have not been previously assessed by the Institute, the processing time will be longer.
  6. Candidates will be informed in writing of the Institute’s decision via email.

Assessment

Question Format Section A​
60 independent multiple-choice questions (MCQs) – 60%
Section B​
2 to 4 case studies comprising 20 case-based MCQs – 40%​
Duration of Exam 3 hours
Pass Mark 60%
Examination Type Closed book. Online examination

Note: Please click here for old BRM assessment structure.

Assessment Support

To assist learning, applicants are provided with relevant study texts and online learning support, including mock exams.

Grade Bands
Grade Band Marks
Distinction 80% – 100%
Pass 60% – 79%
Fail 0% – 59%
Time Limit

A candidate must pass the BRM module within 1 year.

QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020 BANK RISK MANAGEMENT (BRM)
ACTIVITY EXAM SITTING
SEPTEMBER 2020
(RESCHEDULED FROM
APRIL 2020)
OCTOBER 2020
(RESCHEDULED FROM
JULY/AUGUST 2020)
NOVEMBER
2020
Application Submission Closing Date for New Applicant 1 June 2020
(Monday)
29 June 2020
(Monday)
3 August 2020
(Monday)
Exam Registration and Payment Closing Date / L & D Sponsorship Approval Closing Date for New Applicant 29 June 2020
(Monday)
27 July 2020
(Monday)
1 September 2020
(Tuesday)
Workshop Dates at ABS

For the workshop dates, please refer to Asian Banking School website at https://www.asianbankingschool.com/

Online Exam Dates 1 to 30 September 2020 1 to 31 October 2020 1 to 30 November 2020
Exam Result Release Date 16 October 2020
(Friday)
(Release on the week of
26 October 2020)
16 November 2020
(Monday)
15 December 2020
(Tuesday)
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2021
BANK RISK MANAGEMENT – BRM 1 & 2
ACTIVITY EXAM SITTING
JAN 2021 FEB 2021 MAR 2021 APR 2021 MAY 2021 JUN 2021
Application Submission Closing Date for New Applicant 30 Oct 2020 30 Oct 2020 30 Nov 2020
Exam Registration and Payment Closing Date /
L & D Approval Sponsorship Closing Date for New Applicant
15 Nov 2020 30 Nov 2020 30 Dec 2020 30 Jan 2021 28 Feb 2021 30 Mar 2021
Exam Registration and Payment Closing Date /
L & D Sponsorship Approval Closing Date for RE-SIT Candidate
30 Nov 2020 30 Dec 2020 30 Jan 2021 28 Feb 2021 30 Mar 2021 30 Apr 2021
Workshop Dates at ABS

For the workshop dates, please refer to Asian Banking School website at https://www.asianbankingschool.com/

Online Exam Dates 1 – 31 Jan 2021 1 – 28 Feb 2021 1 – 31 Mar 2021 1 – 30 Apr
2021
1– 31 May
2021
1 – 30 Jun
2021
Exam Result Release Date 25 Feb 2021 25 Mar 2021 26 Apr 2021 25 May 2021 25 Jun 2021 26 Jul 2021
ACTIVITY EXAM SITTING
JUL 2021 AUG 2021 SEP 2021 OCT 2021 NOV 2021
Application Submission Closing Date for New Applicant
Exam Registration and Payment Closing Date / L & D Approval Sponsorship Closing Date for New Applicant 30 Apr 2021 30 May 2021 30 Jun 2021 30 Jul 2021 30 Aug 2021
Exam Registration and Payment Closing Date / L & D Sponsorship Approval Closing Date for RE-SIT Candidate 30 May 2021 30 Jun 2021 30 Jul 2021 30 Aug 2021 30 Sep 2021
Workshop Dates at ABS

For the workshop dates, please refer to Asian Banking School website at https://www.asianbankingschool.com/

Online Exam Dates 1– 31 Jul 2021 1 – 31 Aug 2021 1 – 30 Sep 2021 1 – 31 Oct 2021 1 – 30 Nov 2021
Exam Result Release Date 25 Aug 2021 24 Sep 2021 25 Oct 2021 25 Nov 2021 24 Dec 2021

* Note : BRM 1 and 2 will be offered until Nov 2021.

QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2021
BANK RISK MANAGEMENT (BRM) – UPDATED
ACTIVITY EXAM SITTING
MAY 2021 JUN 2021 JUL 2021 AUG 2021 SEP 2021 OCT 2021 NOV 2021 DEC 2021
Application Submission Closing Date for New Applicant 30 Jan 2021 28 Feb 2021 30 Mar 2021 30 Apr 2021 30 May 2021 30 Jun 2021 30 Jul 2021 30 Aug 2021
Exam Registration and Payment Closing Date / L & D Approval Sponsorship Closing Date for New Applicant 28 Feb 2021 30 Mar 2021 30 Apr 2021 30 May 2021 30 Jun 2021 30 Jul 2021 30 Aug 2021 30 Sep 2021
Exam Registration and Payment Closing Date / L & D Sponsorship Approval Closing Date for RE-SIT Candidate 30 Jun 2021 30 Jul 2021 30 Aug 2021 30 Sep
2021
30 Oct 2021
Workshop Dates at ABS

For the workshop dates, please refer to Asian Banking School website at https://www.asianbankingschool.com/

Online Exam Dates 1– 31 May 2021 1 – 30 Jun 2021 1– 31 Jul 2021 1 – 31 Aug 2021 1 – 30 Sep 2021 1 – 31 Oct 2021 1 – 30 Nov 2021 1 – 31 Dec 2021
Exam Result Release Date 25 Jun 2021 26 Jul 2021 25 Aug 2021 24 Sep 2021 25 Oct 2021 25 Nov 2021 24 Dec 2021 25 Jan 2022

Important Notes: 

  1. Training workshops for AICB qualifications are conducted by Asian Banking School (ABS). Candidates are required to check ABS’ website: asianbankingschool.com for the latest workshop dates.
  1. AICB, Pearson Vue or online test centre reserves the right to cancel, suspend, interrupt or reschedule any examination to another date and will not be liable for any claims, actions, costs, charges, expenses, damages, loss and liability due to the cancellation/deferment of these examinations.
  1. Please adhere to the above closing dates, otherwise AICB will not be responsible for any delay in the enrolment or registration. 
  1. The examination date displayed in the Member Portal is for registration purposes only. The online examination will be carried out throughout the exam month in Pearson VUE. Candidate can book an exam session in Pearson VUE on a date and time within the examination month stated in the schedule above.

DOCUMENTATION


The applications submitted will only be processed upon receipt of the full documentations. Candidates who submit incomplete applications (i.e. incomplete details or incomplete supporting documents) will be given five working days to provide the required information and/or documentation. If the candidate fails to submit the required information or complete set of relevant supporting documents within the five working days, the application will not be processed.

Below is the list of documents that are required for the qualification.

Documents Required
  • Certificate of highest qualification (degree/professional qualification/diploma/certificate/SPM); AND
  • Curriculum Vitae (CV) highlighting risk, or banking experience for non-degree holders

 

Important notes:

Qualification certificates/transcripts submitted must be certified true copy by one of the following:

  • University Official; OR
  • Notary Public; OR
  • Commissioner for Oaths; OR
  • Officer of the employing organization; OR
  • Such other persons or agents as may be approved by Institute.

The signatory must sign and date the document(s) and provide the following details:

  • Name:
  • Designation:
  • E-mail:
  • Contact Number:

a) If the documents are not in English or Bahasa Malaysia, they must be accompanied by translation of the documents which is done by a certified translator. The credentials and contact information of the certified translator must be stated

b) Qualifications submitted for enrolment as a candidate for a qualification or for exemption must be awarded by universities/higher education institutions recognised by the awarding country’s Ministry of Higher Education or equivalent authority or the National Qualification Accreditation Agencies.

c) Malaysian qualifications should be listed in the Malaysian Qualifications Register or in Finance Accreditation Agency (FAA) website.

d) AICB reserves the right to contact the awarding institute to verify a candidate’s qualification awards.