PRMIA 8011 : Credit and Counterparty Manager (CCRM) Certificate Exam

  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
  • Updated: Oct 09, 2026
  • Q & A: 330 Questions and Answers

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About PRMIA 8011 Exam

What makes one set of practice materials more effective than another? Often it is the organization of the content. The PRMIA Credit and Counterparty Manager (CCRM) Certificate question bank at BraindumpsPrep is arranged so the important points surface early and clearly, letting you build a command of the 8011 exam essentials in less time than unstructured review allows.

PRMIA 8011 Exam Syllabus Topics:

SectionObjectives
CVA and DVA- Credit valuation adjustment
  • 1. CVA measurement
  • 2. CVA interpretation
- Debit valuation adjustment
  • 1. Accounting treatment
  • 2. DVA calculation
Classic Credit Products and Lifecycle- Credit lifecycle management
  • 1. Monitoring
  • 2. Origination
  • 3. Workout and recovery
- Traditional credit products
  • 1. ESG and green lending products
  • 2. Retail lending
  • 3. Corporate lending
Classic Credit Risk Methodology- Traditional credit analysis
  • 1. Financial statement analysis
  • 2. Credit assessment frameworks
- Risk management practices
  • 1. Credit approval processes
  • 2. Risk rating systems
Credit Derivatives and Securitization- Securitization structures
  • 1. Asset-backed securities
  • 2. Collateralized debt obligations
- Credit derivatives
  • 1. Total return swaps
  • 2. Credit default swaps
Credit Portfolio Management- Risk-adjusted performance
  • 1. RAROC
  • 2. Economic capital
- Portfolio monitoring
  • 1. Concentration risk
  • 2. Diversification
Counterparty Risk- Risk mitigation
  • 1. Netting
  • 2. Collateral management
- Counterparty exposure
  • 1. Potential future exposure
  • 2. Current exposure
Modern Credit Risk Modeling- Portfolio risk models
  • 1. Value at Risk models
  • 2. Stress testing
- PD/LGD modeling
  • 1. Probability of default
  • 2. Loss given default
  • 3. Exposure at default
Management of CVA and DVA- Operational implementation
  • 1. Regulatory considerations
  • 2. Pricing adjustments
- CVA management techniques
  • 1. Risk mitigation frameworks
  • 2. Hedging strategies
Standardized Approach for Counterparty Credit Risk- Regulatory capital treatment
  • 1. Basel framework application
  • 2. Exposure measurement
- SA-CCR framework
  • 1. Potential future exposure calculation
  • 2. Replacement cost

8011 Exam Details and Preparation Tips

Candidates must have a PRMIA account. No formal prerequisite exams are required.

The 8011 exam contains 60 questions with 120 minutes minutes on the clock. That combination rewards candidates who have rehearsed under realistic conditions — which is exactly what the software simulation version of the BraindumpsPrep materials is for.

The official outline divides the 8011 exam into weighted domains, including:

  • Management of CVA and DVA ()
  • Classic Credit Products and Lifecycle ()
  • Standardized Approach for Counterparty Credit Risk ()

The PRMIA Credit and Counterparty Manager (CCRM) Certificate question bank at BraindumpsPrep is organized around these same objectives, and its clear layout makes the heavily weighted points easy to spot and revisit.

The passing score is 60% and the exam fee is $529 USD. A practical approach: keep running timed practice sets until your results sit comfortably above the passing line, then book your seat.

Because knowing the content and knowing the exam are different skills. The software version of the PRMIA Credit and Counterparty Manager (CCRM) Certificate materials simulates the real 8011 exam environment, so the interface, timing, and question flow are familiar before you sit the real thing. It is a small rehearsal with an outsized effect — candidates who have experienced the simulation handle exam-day details calmly instead of burning time on surprises.

The 8011 exam is the official test for the PRMIA Credit and Counterparty Manager (CCRM) Certificate certification from PRMIA, measuring how well you can apply the published exam objectives in realistic scenarios. The credential validates your skills against an industry-recognized standard — and because the exam has its own format and rhythm, materials that combine organized content with realistic simulation prepare you more completely than reading alone.

Three things. First, it starts with a free demo containing plenty of sample questions, so you can taste the 8011 exam content before deciding. Second, the PDF prints cleanly, turning your screen materials into paper you can annotate — notes in the margins keep your memory of key points fresh every time you pick the pages back up. Third, it travels anywhere: no account login, no compatibility worries, just 330 practice questions for the PRMIA Credit and Counterparty Manager (CCRM) Certificate exam ready whenever you are.

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

Question #1

Which of the following statements is correct in relation to liquidity risk management?
I. Pricing for products that do not impact the balance sheet need not reflect the cost of maintaining liquidity II. Time horizons for liquidity risk management are impacted by both regulatory requirements and the speed at which new sources of liquidity can be tapped III. Collateral management is an important aspect of liquidity risk management IV. The maturity period of various instruments in the capital structure has a significant impact on liquidity needs

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

Correct Answer: B  🗳️

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

Question #2

The frequency distribution for operational risk loss events can be modeled by which of the following distributions:
I. The binomial distribution
II. The Poisson distribution
III. The negative binomial distribution
IV. The omega distribution

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

Correct Answer: B  🗳️

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

Question #3

Which of the following is not a credit event under ISDA definitions?

  • A. Failure to pay
  • B. Obligation accelerations
  • C. Rating downgrade
  • D. Restructuring
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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

Question #4

The definition of operational risk per Basel II includes which of the following:
I. Risk of loss resulting from inadequate or failed internal processes, people and systems or from external events II. Legal risk III. Strategic risk IV. Reputational risk

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

Correct Answer: C  🗳️

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

Question #5

The daily VaR of an investor's commodity position is $10m. The annual VaR, assuming daily returns are independent, is ~$158m (using the square root of time rule). Which of the following statements are correct?
I. If daily returns are not independent and show mean-reversion, the actual annual VaR will be higher than
$158m.
II. If daily returns are not independent and show mean-reversion, the actual annual VaR will be lower than
$158m.
III. If daily returns are not independent and exhibit trending (autocorrelation), the actual annual VaR will be higher than $158m.
III. If daily returns are not independent and exhibit trending (autocorrelation), the actual annual VaR will be lower than $158m.

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

Correct Answer: C  🗳️

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

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