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The Global Association of Risk Professionals (GARP) is a leading organization that is committed to providing financial risk professionals around the world with valuable education and training opportunities. One of the key ways GARP achieves this is through its certification programs which are designed to equip financial risk professionals with the knowledge and skills they need to manage risk in their organizations. Launched in 1996, the Financial Risk and Regulation (FRR) series is one of the most respected certifications offered by GARP.

GARP 2016-FRR Exam is a rigorous and challenging certification that is highly regarded within the financial risk industry. 2016-FRR exam covers a range of topics that are essential for financial risk professionals, and passing it demonstrates a commitment to ongoing learning and professional development. With the support of GARP's study materials and professional community, candidates can prepare themselves to be confident and competent in managing financial risk in their organizations.

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The FRR series was first introduced in 2009 and has since become one of the most respected certifications in the financial industry. The series is designed to provide professionals with a comprehensive understanding of risk management practices and regulatory frameworks, as well as the tools and techniques needed to manage financial risk effectively. The FRR exams are recognized around the world and are highly valued by employers and financial institutions.

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

GARP 2016-FRR Exam Syllabus Topics:

SectionObjectives
Risk Identification and Mitigation- Enterprise Risk Management
  • 1. Risk Mitigation Strategies
  • 2. Risk Assessment Techniques
  • 3. Risk Monitoring
Asset and Liability Management- Balance Sheet Risk
  • 1. Capital Management
  • 2. Funding Risk
  • 3. Liquidity Risk
Credit Risk- Credit Risk Analysis
  • 1. Counterparty Risk
  • 2. Credit Exposure
  • 3. Credit Derivatives
  • 4. Credit Ratings
Governance and Regulation- Risk Governance Frameworks
  • 1. Risk Culture
  • 2. Corporate Governance
  • 3. Regulatory Environment
Operational Risk- Operational Risk Frameworks
  • 1. Cybersecurity Risk
  • 2. Internal Controls
  • 3. Business Continuity Planning
  • 4. Operational Loss Events
Market Risk- Market Risk Measurement and Management
  • 1. Stress Testing
  • 2. Interest Rate Risk
  • 3. Value at Risk
  • 4. Foreign Exchange Risk
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