ABOUT:
This specialized training program provides professionals with the essential knowledge and expertise to successfully manage risk in the energy sector. Participants will acquire a deep understanding of the energy value chain, learn how to identify and mitigate risks, and explore best practices for implementing an Energy Risk Management (ERM®) framework.
CERTIFICATION BODY: The Risk Management Association (RMA®)
LEARNING OBJECTIVES:
- Gain a comprehensive understanding of the energy industry structure and its interconnectedness with financial markets.
- Master the identification, analysis, and mitigation of various energy-related risks, including market, credit, operational, liquidity, and regulatory risks.
- Develop expertise in applying common risk management tools and techniques specifically tailored to the energy sector.
- Understand how to leverage financial instruments such as derivatives for effective risk management strategies.
- Learn how to implement and maintain a robust ERM program within an energy company.
EXAM INFORMATION:
- The CENRMP exam is a multiple-choice question (MCQ) format with 100 questions.
- A minimum score of 60% is required to pass.
- The exam can be taken independently of the training program.
RECERTIFICATION:
- CENRMP certification is valid for three years.
- To maintain active status, holders must fulfill Continuing Education (CE) requirements.
Curriculum
- 9 Sections
- 26 Lessons
- 40 Hours
Expand all sectionsCollapse all sections
- Energy Risk Management (ERM)4
- The Energy Industry3
- Energy Markets2
- Energy Risks3
- Risk Management Tools2
- Risk Measurement and Analysis3
- Hedging and Risk Mitigation3
- Operational Risk Management3
- Liquidity Risk Management3
Requirements
- There is no formal prerequisites.
- However, a minimum of two years of experience working in the energy sector is highly recommended.
Target audiences
- Energy traders and risk managers
- Energy analysts and consultants
- Portfolio managers and investors with exposure to energy markets
- Financial analysts and risk professionals in energy companies
- Engineers and other technical professionals involved in energy project development and operations
- Individuals seeking a career transition into the energy sector