Candidates can be eligible for IBF Certification, the usual of excellence for monetary professionals in Singapore
The World Affiliation of Threat Professionals (GARP) introduced at this time that its Financial Risk Manager (FRM®) Certification has been accredited by the Institute of Banking and Finance (IBF Singapore).
Those that efficiently full the FRM Components I and II and fulfill different necessities are eligible for IBF Certification, the usual of excellence for monetary professionals in Singapore.
Starting Might 2021, residents or everlasting residents of Singapore who go an FRM Examination can be eligible for as much as 90% funding for a restricted interval underneath the IBF Requirements Coaching Scheme (IBF-STS). Most reimbursement per Examination is SGD 7,000. The IBF is extending this reimbursement to assist candidates by the COVID-19 disaster.
“The uncertainty going through the world at this time underscores the necessity for a well-educated threat administration neighborhood,” mentioned Richard Apostolik, president and CEO at GARP. “We’re grateful to the IBF for recognizing the worth of the FRM and are excited to work with them to advance threat administration within the rising world monetary hub of Singapore.”
“We’re glad to work with GARP to accredit the FRM program,” mentioned IBF Chief Working Officer and Head of Requirements Rachie Hui. “The FRM is a well-recognized skilled qualification for threat managers globally. With this accreditation, practitioners who efficiently full the FRM will be part of IBF’s Group of licensed finance professionals who’ve invested in their very own expertise growth and embrace the ethics and tasks for the trade mark of excellence.”
Acknowledged in each main market, the FRM is the main certification for threat managers. The certification is awarded to professionals who exhibit the data and talent to anticipate, reply, and adapt to crucial threat points. Licensed FRMs are constantly in demand by almost each main financial institution and monetary agency on this planet.
In regards to the World Affiliation of Threat Professionals
The World Affiliation of Threat Professionals is a non-partisan, not-for-profit membership group targeted on elevating the observe of threat administration. GARP presents the main role-based threat certification — the Monetary Threat Supervisor (FRM®) — in addition to the Sustainability and Local weather Threat (SCR™) Certificates and on-going instructional alternatives by Persevering with Skilled Growth. By the GARP Benchmarking Initiative and GARP Threat Institute, GARP sponsors analysis in threat administration and promotes collaboration amongst practitioners, teachers and regulators. Based in 1996, ruled by a Board of Trustees, GARP is headquartered in Jersey Metropolis, NJ, with workplaces in London, Washington, D.C., Beijing, and Hong Kong. Discover extra data on garp.org or comply with GARP on LinkedIn, Facebook, and Twitter.
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Lori Nitschke, firstname.lastname@example.org, +1-917-318-0246