FRM Part 2 last week review: Op Risk Priority

[monsieuruzairo3]

Hello All,

As we now approach the "LAST WEEK" of our preparation and gear up for the exam, I would like to take expert opinions from you all in Operational risk topic prioritization.

What do you suppose would be a good estimate of ratio ofBasel 2/3 readings to entire Op Risk topic. Considering we have 20 questions lined up, what could be the number of testable questions of Basel risk readings?

All the best for the coming week. I have taken a leave from work
Thanks
Uzi

 

[hamu4ok]

Well considering that from 2015, LCR is being rolled-in worldwide, I would expect Harp to test candidate's preparedness for this ( plus Basel iii other parameters, NSFR, CET ratio, etc).
But that's my wild guess, in 20 questions, say 8-10 for Basel, 3-4 for liquidity (lvar, leverage), 8 for everything else. Will see.
I couldn't take week off, will be practicing at work and at home nights.

PS. At work I was given an assignment recently to start liquidity stress testing, so FRM Part II just came handy. Right after the exam, I will go on implementation of LCR stress testing (at least on monthly basis).