Credit and Counterparty Manager (CCRM) Certificate Exam: 8011 Exam
"Credit and Counterparty Manager (CCRM) Certificate Exam", also known as 8011 exam, is a PRMIA Certification. With the complete collection of questions and answers, PrepPDF has assembled to take you through 330 Q&As to your 8011 Exam preparation. In the 8011 exam resources, you will cover every field and category in PRMIA Certification Certification helping to ready you for your successful PRMIA Certification.
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- Exam Code: 8011
- Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
- Certification Provider: PRMIA
- Corresponding Certification: PRMIA Certification
- Updated: Oct 10, 2026
- No. of Questions: 330 Questions & Answers with Testing Engine
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PRMIA 8011 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Credit Valuation Adjustment (CVA) and Related Topics | 17% | - XVA and SA-CCR - Credit Valuation Adjustment (CVA) - Managing Counterparty Risk and CVA |
| Counterparty Risk and Risk Mitigation | 13% | - Basics of Counterparty Risk - Risk Mitigation Techniques |
| Credit Risk Modeling and Portfolio Management | 20% | - Credit Portfolio Management - Modern Credit Risk Modeling |
| Case Studies | 7% | |
| Credit Derivatives and Securitization | 13% | - Credit Derivatives - Securitization Processes and Instruments |
| Classic Credit Products, Life Cycle and Credit Risk Methodology | 30% | - Classic Credit Risk Methodology - Introduction to Credit Risk - Classic Credit Products |
PRMIA Credit and Counterparty Manager (CCRM) Certificate Sample Questions:
A stock that follows the Weiner process has its future price determined by:
- A. its expected return and standard deviation
- B. its current price, expected return and standard deviation
- C. its standard deviation and past technical movements
- D. its expected return alone
Correct Answer: B 🗳️
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Which of the following credit risk models relies upon the analysis of credit rating migrations to assess credit risk?
- A. The actuarial approach
- B. The CreditMetrics approach
- C. KMV's EDF based approach
- D. The contingent claims approach
Correct Answer: B 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
A zero coupon corporate bond maturing in an year has a probability of default of 5% and yields12%. The recovery rate is zero. What is the risk free rate?
- A. 6.40%
- B. 5.26%
- C. 7.00%
- D. 5.00%
Correct Answer: A 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
Under the KMV Moody's approach to credit risk measurement, how is the distance to default converted to expected default frequencies?
- A. Using a normal distribution
- B. Using Monte Carlo simulations
- C. Using migration matrices
- D. Using a proprietary database based on historical information
Correct Answer: D 🗳️
Explanation: Only visible for PrepPDF members. You can sign-up / login (it's free).
Which of the following credit risk models focuses on default alone and ignores credit migration when assessing credit risk?
- A. The actuarial approach
- B. The CreditMetrics approach
- C. CreditPortfolio View
- D. The contingent claims approach
Correct Answer: A 🗳️
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