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.
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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.
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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 (INCLUSIVE OF 6% GST)


Level
2018 Price
(RM)
Exam Re-sit  fee
(RM)
Module 1 Risk Management in Banking: Principles and Framework
1,213
265
Module 2 Risk Management in Banking: Risk Models, Capital and Asset Liability Management
1,213
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
  • Degree OR professional qualification OR equivalent; AND
  • With at least 2 years of Risk-related experience
  • Complete 2 BRM modules
    Click here to view the syllabus

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
  • Certified Financial Risk Manager (Certified FRM) from the Global Association of Risk Professionals (GARP); OR
  • Certified Professional Risk Manager (Certified PRM) from the Professional Risk Managers’ International Association (PRMIA)
  • Exemption – BRM Module 1
  • Complete BRM Module 2 only
    Click here to view the syllabus

When applying to enrol for the BRM qualification via the Applicant Portal, upload the FRM/PRM certificate and recent professional membership renewal confirmation 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


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%

BANK RISK MANAGEMENT

Print


EXAM ACTIVITY SCHEDULE 2018 EXAM SITTING
MARCH 2018 SEPTEMBER 2018
Application Submission Closing Date 22 Dec 2017
(Friday)
8 Jun 2018
(Friday)
Last Day to Register for Exam* (With Payment / LND Approval) 19 Jan 2018
(Friday)
6 Jul 2018
(Friday)
Workshop Dates at ABS Module 1
Workshop: 22 – 24 Jan 2018
Revision Class: 25 Jan 2018
Module 2
Workshop: 22 – 25 Jan 2018
Revision Class: 26 Jan 2018
Module 1
Workshop: 13 – 15 Aug 2018
Revision Class: 16 Aug 2018
Module 2
Workshop: 6 – 9 Aug 2018
Revision Class: 10 Aug 2018
Exam Dates (Module 1 & Module 2) 4 Mar 2018
(Sunday)
8 Sep 2018
(Saturday)
Exam Time 9.30 am – 11.30 am (Module 1)
9.30 am – 12.30 pm (Module 2)
Exam Result Release 27 Apr 2018
(Friday)
5 Oct 2018
(Friday)
Exam Centre KL, Manila KL, Manila
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 Note:

* New candidates are required to complete their qualification enrolment with AICB before registering for an exam. 

 Disclaimer:

  1. AICB 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.
  2. Training workshops for AICB qualifications are conducted by 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.
  3. Please adhere to the above closing dates, otherwise AICB will not be responsible for any delay in the enrolment or registration.
EXAM ACTIVITY SCHEDULE 2017 EXAM SITTING
APRIL 2017 NOVEMBER 2017
Enrolment Closing Date (New Applicant) 3 Feb 2017 (Friday) 25 Aug 2017 (Friday)
Last Day to Register for Exam (With Payment / LND Approval) 3 Mar 2017 (Friday) 29 Sep 2017 (Friday)
Exam Dates (Module 1 & Module 2) 2 Apr 2017 (Sunday) 5 Nov 2017 (Sunday)
Exam Time 9.30 am – 11.30 am (Module 1)
9.30 am – 12.30 pm (Module 2)
Exam Result Release 26 May 2017 (Friday) 12 Jan 2018 (Friday)
Abbreviation Key:
Module 1 – Risk Management in Banking: Principles and Framework
Module 2 – Risk Management in Banking: Risk Models, Capital and Asset Liability Management

Disclaimer:

  1. AICB 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.
  2. Training workshops for AICB qualifications are conducted by 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.
  3. Candidates are required to complete their qualification enrolment with AICB before registering for training workshops with Asian Banking School (ABS), through ABS’ website: www.asianbankingschool.com. Terms and conditions apply.

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
  • Certificate of highest qualification (min Degree or equivalent); AND
  • Curriculum Vitae (CV) highlighting Risk-related work experience
  • Certificate of the Professional Qualification in FRM or PRM; AND
  • Renewal of Professional Membership (eg. receipt of payment or letter of confirmation from GARP/PRMIA, etc)

 

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 in