We use cookies on all our websites to gather anonymous data to improve your experience of our websites and serve relevant ads that may be of interest to you. Please refer to the cookies policy to find out more.

By continuing, scrolling the page or clicking a link, you agree to the use of cookies.

Level 6 Financial Risk Management in Banks (FRMB)

Professional qualifications

Level 6 Financial Risk Management in Banks (FRMB)

Risk and compliance have become increasingly important in recent years. Now the Covid-19 pandemic has made them a core part of every function in banking.

Two women in a classroom

About the qualification

Risk management offers more opportunities than ever before and there’s never been greater demand for agile leadership in banking and finance.

Whether you're already working in risk and looking to expand your skillset – or a banking professional looking for a more senior role – this globally recognised qualification will help you advance your career.

You can complete FRMB in just six months, learning to identify, measure and manage a variety of risks. You’ll explore the external economic environment where banks operate and look at how they interact with dynamic and often volatile financial markets. And you’ll examine the corresponding impact on performance, profitability and strategic direction.

This online course is delivered by industry practitioners and will give you practical skills to help you evaluate risk management approaches and become a more agile leader.

While studying with us, you’ll become a Member of The London Institute of Banking & Finance (MLIBF), receiving benefits including careers support and access to professional networking events. 

Your studies will cover

  • Analyse the different sources and types of credit risk
  • Evaluate how credit risk management can be optimised to meet the risk appetite and profitability requirements of a bank and its stakeholders
  • Identify, quantify and evaluate a range of financial market risks faced by banks
  • Evaluate the role and importance of asset liability management
  • Apply and critique a range of techniques used to manage financial market risk
  • Analyse the importance and methods of effectively managing the liquidity position of a bank
  
How much does it cost? £610 –  includes your study materials and exam entry.
Average time to complete? Six months
Number of units  One
How will I be assessed? Two-hour exam. View the assessment section for further details.

You can take your exam at a test centre or at home with remote invigilation.

What study materials do I get?  As part of your fee, you’ll get:
  • online access to our student portal MyLIBF
  • online access to our virtual library KnowledgeBank
  • live introductory session
  • topic videos and podcasts
  • webinars
  • tutor-led forum
  • online learning activities i.e. self-test questions
  • assessment preparation webinars
  • online student handbook
  • coursework example papers
  • study planner

Your registration also included extracts of 'The Strategy Journey' e-book as an additional resource.

You will be learning on our new VLE Brightspace, click on the logo to find out more.
Brightspace-logo

How will I study? Everything is online, you'll follow a structured timetable.
Regulation  Registered with Ofqual in the Regulated Qualifications Framework (RQF) 

Get up-to-date information relating to Coronavirus.

Units

FRMB consists of one unit.

Unit 1 – Financial Risk Management in Banks (FRMB)

  • Asset and liability management
  • Yield curve, interest rate and liquidity risk
  • Sources of credit, quantifying credit risk and credit risk management
  • Foreign exchange, interest rate, equity, fixed income and commodity risk
  • Use of fixing and option-based derivatives to manage financial market risk
  • Internal techniques to manage financial market risk
  • Applied risk measurement
  • Liquidity risk management and regulations.

Timetable

You can register for one of the following study sessions throughout the year:


Details Date
Registration deadline
03 May 2022
Course start date 09 May 2022
Exam date 06 October 2022







 





Details Date
Registration deadline
24 October 2022
Course start date 01 November 2022
Exam date 30 March 2023







 





Assessment

For FRMB you will be assessed by a two-hour typed exam.

Once you have registered, the date of your session-based exam will be in your MyLIBF account and on the course website.

You can choose when to take your exam and pick from test centres nationwide or through remote invigilation.

You will have six months from your course start date to complete the unit and sit the exam. Your first exam is included in the registration fee.

Exam booking information

When you have successfully completed the qualification, we will post your certificate to you.

middle-aged-male
office-workers

Request further information

Not ready to register for our qualifications? Why not sign up to our mailing list to receive monthly updates regarding our qualifications and products in this area.

Please select at least one qualification


First name

Surname

Email

Your personal data

We will use and protect your personal data in accordance with current data protection legislation to process your interest to receive updates on the relevant topics. Further details, including your rights, the disclosure of data to third parties, storage, retention and how to amend your personal data, can be found within our privacy notice.


Please enter the code you see in the box below:

CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 


Please wait...

You may also be interested in

Professional Qualifications

Strategic Management & Innovation in Banking (SMIB)

Learn the knowledge, tools and techniques to understand and respond to strategic drivers for change and digital transformation in banking and finance.

View course

Professional Qualifications

Level 6 Managing Operational Risk & Governance (MOPR)

This qualification takes a systematic approach to operational risk management and governance. This includes exploring how banks achieve business objectives, enhance stakeholder returns and meet client expectations through effective operational risk management.

View course