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  • Total Questions: 330
  • Updated on: Sep 16, 2026
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There is no waiting for shipping with Fast2test. Once you pay, your 8011 package for the PRMIA Credit and Counterparty Manager (CCRM) Certificate lands in your inbox within a minute, ready to download and put to work the same evening.

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
Real Exam Qty:60
Available Languages:English
Related Certifications:PRM Designation
Exam Format:Multiple Choice Questions
Exam Duration:120 minutes
Exam Price:$549–$599 (depending on membership status)
Passing Score:60%
Certificate Validity Period:Not formally time-limited certificate validity stated; PRMIA certificate program applies
Recommended Training:PRMIA CCRM eCoach Course
PRMIA CCRM Candidate Guidebook
Exam Registration:PRMIA CCRM Certification Registration
Pearson VUE PRMIA Exam Scheduling
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
Modern Credit Risk Modeling- PD/LGD modeling frameworks
- Credit VaR and loss distribution simulation
Credit Portfolio Management- Portfolio credit risk measurement
- Risk concentration and diversification
Classic Credit Risk- Credit products and lifecycle
  • 1. Loan origination, servicing, and repayment lifecycle
    • 2. Credit instruments and structures
      - Credit risk methodology
      • 1. Traditional credit risk assessment approaches
        • 2. Credit analysis frameworks
          Credit Derivatives and Securitization- Credit derivatives instruments
          - Securitization structures and process
          CVA and DVA- Measurement and interpretation
          - Valuation adjustments
          Counterparty Risk- Definition and sources of counterparty risk
          - Mitigation techniques (netting, collateral)
          SA-CCR and Regulatory Frameworks- Standardized Approach for Counterparty Credit Risk

          8011 Exam FAQ: What Candidates Ask About PRMIA Credit and Counterparty Manager (CCRM) Certificate

          The 8011 exam, officially titled Credit and Counterparty Manager (CCRM) Certificate Exam, is the PRMIA exam you pass to earn the Credit and Counterparty Risk Manager (CCRM) Certificate certification, a credential at the Professional level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as PRM Designation.

          The 8011 exam includes 60 questions and gives you 120 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

          The passing score for the 8011 exam is 60%, and the official registration fee is $549–$599 (depending on membership status). Keep in mind that a failed attempt means paying $549–$599 (depending on membership status) again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

          PRMIA lists the following prerequisites or eligibility notes for the 8011 exam: No strict formal prerequisite; recommended familiarity with basic finance, derivatives, and credit risk concepts. Requirements can change over time, so confirm the details on the official exam page at PRMIA's official site before you register.

          You can register for the 8011 exam through the official channels below:

          The exam is delivered in the following format: Computer-based exam delivered via Pearson VUE (test center or remote proctoring). Choose a date that leaves you enough time to work through the full 330-question practice set first.

          PRMIA recommends the following training resources for 8011 candidates:

          Official courses build the theory, and the 330 practice questions from Fast2test help you turn that theory into exam-ready speed and accuracy.

          Yes. Fast2test offers a free PDF demo of the 8011 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

          Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 8011 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

          Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

          The 8011 exam blueprint is divided into 7 domains, starting with Credit Derivatives and Securitization; Counterparty Risk; CVA and DVA. For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

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

          In respect of operational risk capital calculations, the Basel II accord recommends a confidence level and time horizon of:

          • A. 99% confidence level over a 1 year time horizon
          • B. 99.9% confidence level over a 10 day time horizon
          • C. 99% confidence level over a 10 year time horizon
          • D. 99.9% confidence level over a 1 year time horizon
          Reveal Solution  Discussion  0

          Correct Answer: D  🗳️

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

          Under the KMV Moody's approach to calculating expecting default frequencies (EDF), firms' default on obligations is likely when:

          • A. asset values reach a level below total liabilities
          • B. expected asset values one year hence are below total liabilities
          • C. asset values reach a level below short term debt
          • D. asset values reach a level between short term debt and total liabilities
          Reveal Solution  Discussion  0

          Correct Answer: D  🗳️

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

          If the cumulative default probabilities of default for years 1 and 2 for a portfolio of credit risky assets is 5% and 15% respectively, what is the marginal probability of default in year 2 alone?

          • A. 11.76%
          • B. 10.00%
          • C. 10.53%
          • D. 15.79%
          Reveal Solution  Discussion  0

          Correct Answer: C  🗳️

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

          A Monte Carlo simulation based VaR can be effectively used in which of the following cases:

          • A. When returns data cannot be analytically modeled
          • B. All of the above
          • C. Where analytical methods are too complex to effectively use
          • D. When returns are discontinuous or display large jumps
          Reveal Solution  Discussion  0

          Correct Answer: B  🗳️

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

          Which of the following cannot be used as an internal credit rating model to assess an individual borrower:

          • A. Distance to default model
          • B. Logit model
          • C. Altman's Z-score
          • D. Probit model
          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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