BRP study guide
BRP · Work through your exam, one topic at a time.
The Bank Risk Professional (BRP) is a professional credential in bank risk management that this site treats as spanning four equally weighted domains: credit risk, market risk, operational risk, and regulatory and compliance risk. Because the official BRP certification page returned a "page not found" error when retrieved, the administrative details of the credential - question count, duration, passing score, fee, format, retake policy, and validity period - are not confirmed here and are marked for review. The BRP study guide has 4 sections and about 1,244 words.
01Credit Risk: Measurement, Mitigation, and Exam Traps
Credit risk is the risk that a borrower or counterparty fails to meet an obligation. Candidates must be fluent in probability of default (PD) , loss given default (LGD) , exposure at default (EAD) , and expected loss = PD × LGD × EAD .
324 words, about 2 min02Market Risk: Sensitivities, VaR, and Stress Testing
Market risk arises from movements in prices, rates, spreads, and volatilities. Candidates must understand sensitivity measures : duration and convexity for rates, delta, gamma, vega, and theta for options, and DV01 .
314 words, about 2 min03Operational Risk: Frameworks, Events, and Controls
Operational risk is the risk of loss from inadequate or failed internal processes, people, systems, or external events. Candidates must know the event-type taxonomy : internal fraud, external fraud, employment practices and workplace safety, clients/products/business practices, damage to physical assets, business disruption and system failures, and execution/delivery/process management.
303 words, about 2 min04Regulatory and Compliance Risk: Capital, Conduct, and Change
Regulatory risk is the risk of loss from failing to comply with laws, rules, and standards. Candidates must understand the Basel framework : Pillar 1 (minimum capital for credit, market, and operational risk), Pillar 2 (supervisory review and ICAAP), and Pillar 3 (market discipline and disclosure).
303 words, about 2 min