Bank Risk Management (BRM)
Introduction
The Bank Risk Management (BRM) is a two-module 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.
The Qualification has two modules:-
Module 1 – Risk Management in Banking: Principles and Framework
Module 2 – Risk Management in Banking: Risk Models, Capital and Asset Liability Management
Target Audience
- Risk management entry level executive
- Operations
- Internal audit
- Treasury
- Accounting and finance
- Legal
Module 1: Risk Management in Banking: Principles and Framework
- Offers a broad based understanding of the types of risk faced by banks and how these risks may be identified, assessed and managed. It is to enable general banking executives to understand key risk management concepts and discuss developments in bank risk management intelligently.
- Participants are encouraged to spend at least 100 hours (both self-study and classroom time) to complete Module 1.
| Content Structure Overview |
| Chapter 1: Concepts of Bank Risks Chapter 2: Risk Management Principles and Framework Chapter 3: Risk Management Process Chapter 4: International Risk Regulation Chapter 5: Credit Risk Chapter 6: Identification of Credit Risk Chapter 7: Operational Risk Chapter 8: Identification of Operational Risk Chapter 9: Market Risk Chapter 10: Liquidity Risk |
Module 2: Risk Management in Banking: Risk Models, Capital and Asset Liability Management
- Builds upon the material learned in Module 1 and enhances the qualitative understanding of risk management techniques and international risk based regulations of banks. It provides numerical examples and enough details for students to develop their own simple Excel spreadsheets to enhance their understanding of basic risk management models, the application of risk management tools and techniques and the interpretation of results.
- Module 2 caters to the specialist risk management professional who aims to understand risk management theories and apply market, credit, operational and liquidity risk management tools in practice. Module 2 aims to allow the specialist professional to interpret results of risk management quantification tools to make intelligent decisions related to risk management. Module 2 combines both qualitative and quantitative approaches to achieve these objectives.
- Participants are encouraged to spend at least 150 hours (both self-study and classroom time) to complete Module 2.
| Content Structure Overview |
| Chapter 1: Introduction to Risk Models Chapter 2: Credit Risk Models Chapter 3: Operational Risk Models Chapter 4: Market Risk Models Chapter 5: Asset and Liability Management Chapter 6: Capital Management Chapter 7: Regulatory Approaches |
PROGRAMME FEES
|
Level
|
2019 Price (RM)
(Inclusive of 6% Service Tax) |
Exam Re-sit fee
(RM) (Inclusive 6% Service Tax) |
|
| Module 1 | Risk Management in Banking: Principles and Framework |
1,219
|
265
|
| Module 2 | Risk Management in Banking: Risk Models, Capital and Asset Liability Management |
1,219
|
265
|
Standard Route – Enrolment
In order to enrol as a candidate in Bank Risk Management, an applicant must satisfy the following requirements:
| Membership Requirement – Candidates are required to be Individual Members of AICB | ||
| Qualification | Entry Requirement | Pathway |
| Bank Risk Management |
|
|
Accelerated Route – Exemption
Holders of the following risk management certifications are eligible to be exempted from Module 1 and only need to complete Module 2:
| Membership Requirement – Candidates are required to be Individual Members of AICB | ||
| Qualification | Entry Requirement | Pathway |
| Bank Risk Management |
|
|
When applying to enrol for the BRM qualification via the Applicant Portal, upload the FRM/PRM certificate for us to process the exemption.
APPROVAL
- All applications for enrolment or exemption will be processed in accordance with the requirements set out in the regulations.
- Applications will be processed upon receipt of full documentations as stated in the Documentation section.
- 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.
- 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.
- Where the applicant’s qualifications have not been previously assessed by the Institute, the processing time will be longer.
- Candidates will be informed in writing of the Institute’s decision via email.
Assessment
|
SYLLABUS STRUCTURE
|
METHOD OF ASSESSMENT
|
||
| Module 1 | Risk Management in Banking Principles and Framework | Examination: 100 independent MCQs
– Duration: 2 hours |
|
| Module 2 | Risk Management in Banking: Risk Models, Capital and Asset Liability Management | Examination: – Part 1: 60 independent MCQs – Part 2: 20 case-based MCQs- Duration: 3 hours |
|
Area of Study
| Module 1 | Module 2 |
| Chapter 1: Concepts of Bank Risks Chapter 2: Risk Management Principles and Framework Chapter 3: Risk Management Process Chapter 4: International Risk Regulation Chapter 5: Credit Risk Chapter 6: Identification of Credit Risk Chapter 7: Operational Risk Chapter 8: Identification of Operational Risk Chapter 9: Market Risk Chapter 10: Liquidity Risk |
Chapter 1: Introduction to Risk Models Chapter 2: Credit Risk Models Chapter 3: Operational Risk Models Chapter 4: Market Risk Models Chapter 5: Asset and Liability Management Chapter 6: Capital Management Chapter 7: Regulatory Approaches |
Grade Bands
| Grade Band | Marks |
| Distinction | 80% – 100% |
| Pass | 60% – 79% |
| Fail | 0% – 59% |
| Abbreviation Key: |
| Module 1 – Risk Management in Banking: Principles and Framework Module 2 – Risk Management in Banking: Risk Models, Capital and Asset Liability Management |
Important Notes:
* A candidate is required to apply for exemption(s) at the time of qualification enrolment (ie. application submission). Applications made thereafter will not be considered. Applications for exemption(s) submitted without complete documentations will not be processed.
Disclaimer:
- AICB reserves the right to cancel, suspend, interrupt or reschedule any examinations and will not be liable for any claims, actions, costs, charges, expenses, damages, losses and liabilities due to the cancellation/deferment of these examinations.
- Training workshops for AICB qualifications are conducted by the Asian Banking School (ABS). Candidates are required to check ABS’ website for the latest workshop dates at https://www.asianbankingschool.com/our-programmes/professional-qualifications.
- Candidates are required to complete their qualification enrolments with AICB before registering for training workshops with the Asian Banking School (ABS), through ABS’ website: asianbankingschool.com. Terms and conditions apply.
QUALIFICATION ENROLMENT & EXAMINATION SCHEDULE FOR 2020
Important Notes:
- The workshop dates for BRM will be available on the website in November 2019.
- Training workshops for AICB qualifications are conducted by the Asian Banking School (ABS). Candidates are required to check ABS’ website : asianbankingschool.com for the latest workshop dates.
- AICB reserves the right to cancel, suspend, interrupt or reschedule any examinations and will not be liable for any claims, actions, costs, charges, expenses, damages, losses and liabilities due to the cancellation/deferment of these examinations.
- Please adhere to the above closing dates to avoid any delays in the enrolment or registration process.
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 | ||
| Qualification | Standard Route (Enrolment) | Accelerated Route (Exemption) |
| Bank Risk Management |
|
|
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.