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2016-FRR exam dumps recommend that individuals with three to five years' work experience in financial management. Bachelor's degree in finance, economics, administration, computer science, or mathematics and who received a GPA of 3.0 or higher. A valid GARP membership is required to take the Financial Risks and Regulation Certification. To return your GARP certification status to active, you must become a GARP member. Names of individuals who have passed the 2016-FRR Certification are provided to interested parties on a confidential basis.

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GARP 2016-FRR Exam Syllabus Topics:

TopicDetails
Topic 1
  • Asset and Liability Management: This section of the exam measures skills of a Treasury and ALM Specialist and covers asset and liability management frameworks, interest rate risk in the banking book, liquidity risk management, capital management, and non-trading market risks. It explains the roles of ALCO, treasury operations, Basel III liquidity measures, and management of funding risks.
Topic 2
  • Operational Risk Management: This section of the exam measures skills of an Operational Risk Manager and covers the principles of operational risk management. It discusses operational risk identification, measurement, mitigation, monitoring, reporting, and the importance of governance frameworks such as the three lines of defense, along with loss data collection and scenario analysis.
Topic 3
  • Credit Risk Management: This section of the exam measures skills of a Credit Risk Analyst and covers the assessment of credit risk, credit products risks, portfolio credit risk management, and the regulatory view of credit risk. It explains expected and unexpected losses, credit models, Basel Accords, credit default swaps, credit scoring, and stress testing credit exposures.
Topic 4
  • Market Risk Management: This section of the exam measures skills of a Market Risk Analyst and covers the fundamentals of market risks across foreign exchange, interest rates, equities, and commodities. It explains market risk measurement tools like VaR and expected shortfall, examines trading strategies, market risk reporting, and the impact of Basel III on market risk.

Reference: https://www.garp.org/courses/financial-risk-and-regulation

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