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# Recent content by rnavarro

1. ### FAQ After Exam ARPM (Advanced Risk and Portfolio Management) certificate

LinkedIn: https://www.linkedin.com/in/rolandodnavarrojrphd/ We are already connected each other over LinkedIn so it will be a good venue to PM me there personally. Thanks and good luck!
2. ### Exam Feedback November 2018 Part 2 Exam Feedback

Submitted on the 17th of January. Just got an email from GARP that I have been certified at last!

4. ### FAQ After Exam ARPM (Advanced Risk and Portfolio Management) certificate

Passed FRM Level 2! Thanks David and Nicole for the enormous support. This also serve as a culmination in my 6 years experience in the Financial Services Industry (2 years in Data Analytics & Machine Learning for Consumer Credit, 1-1/2 in Model Validation in Banking, and 3 years as Quant...
5. ### FAQ After Exam ARPM (Advanced Risk and Portfolio Management) certificate

I have just completed the ARPM certificate (Levels 1 and 2 plus a final project). It is open notes for 4 hours exam each level. You can do the computing in a software (e.g. Matlab / Python) since you may be required to manipulate matrices. It is far more quantitative than FRM and it is designed...
6. ### Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

I have the 2018 GARP copy of De Laurentis and the normal cdf operator is present.
7. ### Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

From P2.T6. Credit Risk Measurement & Management Giacomo De Laurentis, Renato Maino, and Luca Molteni: Developing, Validating and Using Internal Ratings (p. 21) N = the cumulated normal distribution operator is missing in the probability of default. The text has this operator.
8. ### Gregory's Spreadsheet JG_XLS_8.4 (CCS swap)

All errata are errata from the text but not from the spread sheet related. From the updated spreadsheet https://cvacentral.com/books/credit-value-adjustment/spreadsheets/ it has the expression =SQRT(C17^2+D17^2+2*IRFXCorr*C17*D17) C17 - from IRS D17 - from FX forward
9. ### Gregory's Spreadsheet JG_XLS_8.4 (CCS swap)

There is a correction in the spreadsheet: JG_XLS_8.4 (CCS swap) Example at time 0.025 PFE for CCS =SQRT(B17*(10-B17)^2*IRVol^2+B17*FXVol^2+2*IRFXCorr*B17*SQRT(10-B17)*IRVol*FXVol) The square root term on the last term should be eliminated and thus the correct formula is...
10. ### Exam Feedback May 2017 Part 1 Exam Feedback

I encourage you to purchase it together with BT. The learning experience not just passing the exam would be far richer by investing both of these.
11. ### Exam Feedback May 2017 Part 1 Exam Feedback

Thanks Dave and to BT Team ... BT rocks! Count me in to your passing statistic ... I thought that I won't make it. Here are my quartiles: 2-1- 3-1 ... a junior quant here aspiring to get a deeper understanding of risk and finance through the FRM exams.