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PRMIA 8010 Exam Overview:
| Certification Vendor: | PRMIA |
|---|---|
| Exam Name: | PRMIA Operational Risk Manager (ORM) Exam 8010 |
| Exam Number: | 8010 |
| Exam Format: | Multiple choice questions |
| Related Certifications: | PRM Certificate in Operational Risk Management |
| Available Languages: | English |
| Recommended Training: | PRMIA Official Training Programs |
| Exam Registration: | PRMIA Certification Portal |
| Sample Questions: |  |
| Exam Way: | Computer-based exam (online or authorized test centers depending on region) |
| Pre Condition: | No strict prerequisite; financial risk management knowledge recommended |
| Official Syllabus URL: | https://www.prmia.org/ |
PRMIA 8010 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Risk Identification and Assessment | - Risk and control self-assessment (RCSA) - Scenario analysis and risk mapping |
| Topic 2: Mitigation and Control | - Risk transfer mechanisms including insurance - Internal controls and control testing |
| Topic 3: Risk Governance and Frameworks | - Risk governance structures and accountability - Three lines of defense model |
| Topic 4: Operational Risk Fundamentals | - Risk taxonomy and loss event types - Definition and scope of operational risk - Operational risk within enterprise risk management |
| Topic 5: Measurement and Quantification | - Key risk indicators (KRIs) - Loss distribution approaches |
| Topic 6: Regulatory and Industry Standards | - Regulatory expectations for operational risk management - Basel operational risk frameworks |
About the PRMIA 8010 Exam: FAQ
Delivery is instant: payment triggers an automatic email within a minute — unlimited installations, and 24/7 customer assisting for any downloading or purchasing issue if nothing arrives within 2 hours. If you fail the corresponding 8010 exam within 60 days of purchase, choose your remedy: a full refund (scanned enrollment slip plus the official Score Report PDF within 2 days of the exam; processed within 7 days), waiting for the next updated version free, or a free change to two other equal-value dumps. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products.
Use the vendor's official registration channels:
The PRMIA Operational Risk Manager (ORM) is delivered Computer-based exam (online or authorized test centers depending on region) — select whichever arrangement suits you when booking.
The PRMIA Operational Risk Manager (ORM) blueprint spans 6 domains — including Operational Risk Fundamentals, Mitigation and Control, Regulatory and Industry Standards. Let the weightings direct your spare-time review; the full outline above lists every subtopic.
Yes — download the free PRMIA Operational Risk Manager (ORM) demo and evaluate the material before paying. Purchases include 365 days of free updates, each new version emailed immediately upon release; renew afterward at 50% off.
No strict prerequisite; financial risk management knowledge recommended Eligibility rules change periodically, so confirm the current requirements on the official page (official 8010 exam page) before registering.
Yes:
Courses give you the theory; the 242 practice questions for the PRMIA Operational Risk Manager (ORM) give you the rehearsal — every answer expert-verified.
The PRMIA Operational Risk Manager (ORM) is PRMIA's certification exam for Operational Risk Manager (ORM), at the Professional level. It validates job-ready skills, and passing it marks you as a verified professional. Related credentials include PRM Certificate in Operational Risk Management.
PRMIA Operational Risk Manager (ORM) Sample Questions:
Which of the following credit risk models considers debt as including a put option on the firm's assets toassess credit risk?
- A. CreditPortfolio View
- B. The CreditMetrics approach
- C. The contingent claims approach
- D. The actuarial approach
Correct Answer: C 🗳️
Explanation: Only visible for Test4Cram members. You can sign-up / login (it's free).
An assumption regarding the absence of ratings momentum is referred to as:
- A. Time invariance
- B. Herstatt risk
- C. Ratings stability
- D. Markov property
Correct Answer: D 🗳️
Explanation: Only visible for Test4Cram members. You can sign-up / login (it's free).
Which of the formulae below describes incremental VaR where a new position 'm' is added to the portfolio?
(where p is theportfolio, and V_i is the value of the i-th asset in the portfolio. All other notation and symbols have their usual meaning.) A)
B)
C)
D)
- A. Option A
- B. Option D
- C. Option B
- D. Option C
Correct Answer: A 🗳️
Explanation: Only visible for Test4Cram members. You can sign-up / login (it's free).
A portfolio has two loans, A and B, each worth $1m. The probability of default of loan A is 10% and that of loan B is 15%. Theprobability of both loans defaulting together is 1%. Calculate the expected loss on the portfolio.
- A. 500000
- B. 240000
- C. 250000
- D. 1000000
Correct Answer: C 🗳️
Explanation: Only visible for Test4Cram members. You can sign-up / login (it's free).
An investor enters into a 5-year total return swap with Bank A, with the investor paying a fixed rate of 6% annually on a notional value of $100m to the bank and receiving thereturns of the S&P500 index with an identical notional value. The swap is reset monthly, ie the payments are exchanged monthly. On Jan 1 of the fourth year, after settling the last month's payments, the bank enters bankruptcy. What is the legal claim thatthe hedge fund has against the bank in the bankruptcy court?
- A. $6m
- B. $0, as all payments on the swap are current
- C. The replacement value of the swap
- D. $100m
Correct Answer: C 🗳️
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