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Last Updated: Sep 18, 2026
No. of Questions: 242 Questions & Answers with Testing Engine
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| Certification Vendor: | PRMIA (Professional Risk Managers' International Association) |
|---|---|
| Exam Name: | Operational Risk Manager (ORM) Exam |
| Exam Number: | 8010 |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Exam Duration: | 120 minutes |
| Related Certifications: | ORM Designation PRM (Professional Risk Manager) |
| Certificate Validity Period: | Indefinite (requires annual Continuing Risk Learning credits) |
| Passing Score: | 60% |
| Exam Price: | USD 549–599 (Member: $549; Non-member: $599) |
| Exam Format: | Multiple Choice Questions, Randomized from Item Bank, Computer-Based |
| Recommended Training: | ORM Certificate Candidate Guidebook Risk Management Frameworks and Practices Handbook PRMIA ORM eCoach Self-Study Course |
| Exam Registration: | Pearson VUE Scheduling PRMIA ORM Program Page |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; recommended basic knowledge of risk management and financial operations |
| Official Syllabus URL: | https://prmia.org/Public/Certificate/ORM_Certificate.aspx |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Compliance & Regulatory Risk | 10% | - Compliance risk types and controls - Basel Accords and global regulations - Enterprise compliance frameworks |
| Topic 2: Operational Resilience | 5% | - DORA and resilience regulations - Third-party/vendor risk management - Business continuity and recovery |
| Topic 3: Risk Management Framework | 15% | - Risk capacity and risk appetite - Strategy and framework implementation - Risk policies, limits, and pricing |
| Topic 4: Risk Assessment | 20% | - Risk and Control Self-Assessment (RCSA) - Residual risk and issue management - Top-down scenario analysis - Bottom-up process modeling |
| Topic 5: Operational Risk Capital & Modeling | 10% | - Capital requirements and approaches - Basel III and recent developments - Basic and advanced measurement methods |
| Topic 6: Risk Governance | 15% | - Governance structures and responsibilities - Roles of first, second, and third lines of defense - Risk culture and ethical conduct |
| Topic 7: Introduction to Operational Risk Management | 10% | - ESG and climate risk considerations - Risk management frameworks and principles - Embedding risk management practices |
| Topic 8: Risk Information & Monitoring | 15% | - Risk reporting and communication - Loss data collection and analysis - Key Risk Indicators (KRIs) |
PRMIA Operational Risk Manager (ORM) is an official PRMIA (Professional Risk Managers' International Association) exam, registered under exam code 8010. Passing it earns the Operational Risk Manager (ORM) Certificate certification at the Specialist / Certificate Level level. It also links to PRM (Professional Risk Manager), ORM Designation. As an internationally recognized capacity standard, this credential speaks for your ability wherever your career takes you.
The PRMIA Operational Risk Manager (ORM) syllabus comprises 8 official domains. The heaviest include Introduction to Operational Risk Management (10%), Operational Resilience (5%), and Risk Governance (15%). The complete outline is above on this page; a short, efficient study plan starts with knowing exactly where the marks live.
The PRMIA Operational Risk Manager (ORM) exam packs 60 questions into 120 minutes. Short-term preparation works best when every session is realistic, so run timed simulations in the TrainingQuiz engine, keep your flag-and-return rhythm tight, and let repeated full-length runs build the pace the clock demands.
PRMIA Operational Risk Manager (ORM) requires 60% to pass, with an official registration fee of USD 549–599 (Member: $549; Non-member: $599). Retakes bill the full USD 549–599 (Member: $549; Non-member: $599) again, so speed should never mean gambling. Compress your preparation with the TrainingQuiz practice tests, and book once your scores clear the requirement reliably.
No mandatory prerequisites; recommended basic knowledge of risk management and financial operations
Policies change, so verify the current requirements before registering on the official exam page.
PRMIA Operational Risk Manager (ORM) registration goes through the official channels below.
For your schedule planning: the exam is delivered Computer-based testing at Pearson VUE centers or online proctored.
PRMIA (Professional Risk Managers' International Association) recommends the following training for PRMIA Operational Risk Manager (ORM) candidates.
On a short preparation timeline, combine any training with the 242 practice questions in the TrainingQuiz 8010 package to convert learning into scoring ability fast.
Yes to both. TrainingQuiz provides a free demo of the PRMIA Operational Risk Manager (ORM) questions so you can verify the quality first, and after purchase the newest practice material is free for one year from the date of your order. When that year ends, extending the update service costs 50% of the regular price.
Your purchase carries a 100% money-back guarantee with defined conditions. Take the PRMIA Operational Risk Manager (ORM) exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, with the update service on your original purchase retained.
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Which of the following best describes the concept of marginalVaR of an asset in a portfolio:
Correct Answer: D 🗳️
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Which of the following credit risk models considers debt as including a put option on the firm's assets toassess credit risk?
Correct Answer: A 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
Under thebasic indicator approach to determining operational risk capital, operational risk capital is equal to:
Correct Answer: C 🗳️
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If the annual default hazard rate for a borrower is 10%, what is the probability that there is no default at the end of 5 years?
Correct Answer: C 🗳️
Explanation: Only visible for TrainingQuiz members. You can sign-up / login (it's free).
Whichof the following statements are true in relation to Historical Simulation VaR?
I. Historical Simulation VaR assumes returns are normally distributed but have fat tails II. It uses full revaluation, as opposed to delta or delta-gamma approximations III. Acorrelation matrix is constructed using historical scenarios IV. It particularly suits new products that may not have a long time series of historical data available
Correct Answer: E 🗳️
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