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From the free demo to instant delivery, from 365 days of updates to a money-back guarantee, Fast2test covers every step of your PRMIA Credit and Counterparty Manager (CCRM) Certificate journey in 2026. Pick your 8011 package, work through 330 expert-verified questions, and book your exam with confidence.

PRMIA 8011 Exam Overview:

Certification Vendor:PRMIA (Professional Risk Managers' International Association)
Exam Name:Credit and Counterparty Risk Manager (CCRM) Certificate Exam
Exam Number:8011
Related Certifications:PRM Designation
Exam Duration:120 minutes
Exam Price:$549–$599 (depending on membership status)
Available Languages:English
Certificate Validity Period:Not formally time-limited certificate validity stated; PRMIA certificate program applies
Exam Format:Multiple Choice Questions
Passing Score:60%
Real Exam Qty:60
Recommended Training:PRMIA CCRM Candidate Guidebook
PRMIA CCRM eCoach Course
Exam Registration:Pearson VUE PRMIA Exam Scheduling
PRMIA CCRM Certification Registration
Sample Questions:PRMIA 8011 Sample Questions
Exam Way:Computer-based exam delivered via Pearson VUE (test center or remote proctoring)
Pre Condition:No strict formal prerequisite; recommended familiarity with basic finance, derivatives, and credit risk concepts
Official Syllabus URL:https://prmia.org

PRMIA 8011 Exam Syllabus Topics:

SectionObjectives
SA-CCR and Regulatory Frameworks- Standardized Approach for Counterparty Credit Risk
Credit Portfolio Management- Risk concentration and diversification
- Portfolio credit risk measurement
Credit Derivatives and Securitization- Securitization structures and process
- Credit derivatives instruments
Counterparty Risk- Definition and sources of counterparty risk
- Mitigation techniques (netting, collateral)
Classic Credit Risk- Credit products and lifecycle
  • 1. Credit instruments and structures
    • 2. Loan origination, servicing, and repayment lifecycle
      - Credit risk methodology
      • 1. Credit analysis frameworks
        • 2. Traditional credit risk assessment approaches
          CVA and DVA- Valuation adjustments
          - Measurement and interpretation
          Modern Credit Risk Modeling- PD/LGD modeling frameworks
          - Credit VaR and loss distribution simulation

          PRMIA 8011 FAQs: What Every Candidate Asks

          The 8011 exam, officially titled Credit and Counterparty Manager (CCRM) Certificate Exam, is the qualifying test for the Credit and Counterparty Risk Manager (CCRM) Certificate certification from PRMIA (Professional Risk Managers' International Association), a credential at the Professional level. Passing it proves you have the skills employers look for in certified professionals, and it can also support progress toward related credentials such as PRM Designation.

          The PRMIA Credit and Counterparty Manager (CCRM) Certificate exam gives you 120 minutes to work through 60 questions. That is a steady pace with little room for second-guessing, so train yourself to read each question once, flag the difficult ones, and keep moving. Before exam day, sit at least two full timed sessions in the Fast2test test engine — when the clock feels familiar, it stops being a threat.

          You need 60% to pass, and the official registration fee is $549–$599 (depending on membership status). Fall short and you pay that fee in full again for every retake, which makes solid preparation the cheaper option by far. Work through the Fast2test practice questions until you score comfortably above the passing mark, then book your seat.

          No strict formal prerequisite; recommended familiarity with basic finance, derivatives, and credit risk concepts Eligibility rules can change over time, so before you register, confirm the latest requirements on the official exam page: PRMIA (Professional Risk Managers' International Association) 8011 exam overview.

          You can book your 8011 exam through any of these official registration channels:

          The exam is delivered as Computer-based exam delivered via Pearson VUE (test center or remote proctoring), so you can pick the option that fits your schedule when you book.

          PRMIA (Professional Risk Managers' International Association) recommends the following training for PRMIA Credit and Counterparty Manager (CCRM) Certificate candidates:

          Pair that training with the 330 practice questions from Fast2test and you can check your readiness topic by topic before exam day.

          Yes. Fast2test offers a free PDF demo for the PRMIA Credit and Counterparty Manager (CCRM) Certificate exam so you can judge the quality of our questions and answers before paying anything. Every purchase also comes with 365 days of free updates, and once that period expires you can extend your update service at a 50% discount.

          Your purchase is protected by a 100% money-back guarantee. If you sit the corresponding 8011 exam within 60 days of buying and do not pass, send us a scan of your exam enrollment slip together with your official Score Report (PDF) within 2 days of the exam date — the candidate name must match the payer's name — and we will process your full refund within 7 days. Please note that exams taken within 3 days of purchase, materials downloaded without ever sitting the exam, free products, and expired orders are not covered. If you would rather not have a refund, you can exchange your order for two exam products of equal value, free of charge, and keep the update service on your original purchase.

          Delivery is instant: your files are emailed to you within one minute of payment and can also be downloaded directly, with no limit on the number of computers you install them on. If nothing has arrived within 2 hours, contact our customer service team and we will sort it out.

          The PRMIA Credit and Counterparty Manager (CCRM) Certificate syllabus is organized into 7 domains. The main areas include Counterparty Risk, SA-CCR and Regulatory Frameworks, and Credit Derivatives and Securitization. Scroll up to the Exam Topics section above for the complete, current outline before you plan your study schedule.

          PRMIA Credit and Counterparty Manager (CCRM) Certificate Sample Questions:

          A bank holds $10m of a corporate debt that it has purchased CDS protection against. What is the impact on the short term liquidity of the bank in the event of a default by the corporate on its bonds?

          • A. Cannot be determined without information on recovery rates
          • B. An immediate reduction in available liquidity
          • C. No impact
          • D. A short term increase in available liquidity
          Reveal Solution  Discussion  0

          Correct Answer: D  🗳️

          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

          The probability of default of a security over a 1 year period is 3%. What is the probability that it would not have defaulted at the end of four years from now?

          • A. 88.00%
          • B. 11.47%
          • C. 12.00%
          • D. 88.53%
          Reveal Solution  Discussion  0

          Correct Answer: D  🗳️

          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

          Which of the following statements is true in relation to a normal mixture distribution:
          I. Normal mixtures represent one possible solution to the problem of volatility clustering II. A normal mixture VaR will always be greater than that under the assumption of normally distributed returns III. Normal mixtures can be applied to situations where a number of different market scenarios with different probabilities can be expected

          • A. III
          • B. I, II and III
          • C. I and II
          • D. II and III
          Reveal Solution  Discussion  0

          Correct Answer: A  🗳️

          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

          For a given mean, which distribution would you prefer for frequency modeling where operational risk events are considered dependent, or in other words are seen as clustering together (as opposed to being independent)?

          • A. Gamma
          • B. Binomial
          • C. Negative binomial
          • D. Poisson
          Reveal Solution  Discussion  0

          Correct Answer: C  🗳️

          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

          Which of the following would not be a part of the principal component structure of the term structure of futures prices?

          • A. Parallel component
          • B. Trend component
          • C. Curvature component
          • D. Tilt component
          Reveal Solution  Discussion  0

          Correct Answer: A  🗳️

          Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

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