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Financial risk management certifications to consider
GARP the global association of risk professionals is the premium consortium of risk management professionals that does offer certifications in risk management. To categorize this it can be
1) FRM - Financial Risk Manager certification program from global association of risk professionals also called GARP is a two part certification exam that gauges the knowledge, skills, expertise of an individual in solving risk management related issues
2) ERP - Energy Risk Professional gauges the knowledge of a person in physical and financial side of energy market. Once you successfully complete ERP certification exam you demonstrate the knowledge and skills needed to take up job as energy risk manager. This certification demonstrates mastery of an individual in energy market. Essential topics that are covered in this certification includes:
1) Petroleum energy
2) Electricity energy management
3) Commodity trading and risk management
4) Power management
5) Oil/gas/coal industry related topics
Some common job titles you can expect that you can expect upon completing ERP certification includes:
1. Natural Gas Marketer
2. Commodity Futures Trading Investigator
3. Crude Oil Pipeline Scheduler
4. Energy Trading Compliance Manager
5. Alternative Investments Portfolio Manager
6. Oil Products Derivatives Trader
7. Physical Oil and Gas Trading Scheduler
8. Quantitative Risk Manager—Oil Products
9. Senior Oil Risk Manager
10. Crude Oil Market Analyst
11. Structured Products Analyst
12. Energy Consultant
13. Energy Markets Risk Analyst
14. Electric System Integration Planning Manager
15. Power Generation Manager
16. Senior Power Trading Analyst
17. Renewable Energy Asset Manager
18. Power Scheduler
19. Real-Time Power Trader
20. Power Origination and Marketing Analyst
3) PRM - Risk management certification offered by an organization other than GARP that offers certification equivalent to FRM. This is offered by PRM the Professional Risk Managers International Association