Financial Risk Management in Banks Level 6

About the Programme

Risk and compliance have become increasingly important in recent years.

Now the Covid-19 pandemic has made them a core part of every function in banking.

This online course is delivered by industry practitioners.

It will give you the practical skills you need to help you evaluate risk management approaches and become a more agile leader. 

Why study This programme?

Risk management offers more opportunities than ever before and there’s never been greater demand for agile leadership in banking and finance.

Whether you’re already working in risk and looking to expand your skillset – or a banking professional looking for a more senior role – this globally recognised qualification will help you advance your career.

You can complete FRMB in just six months, learning to identify, measure and manage a variety of risks.

You’ll explore the external economic environment where banks operate, and look at how they interact with dynamic and often volatile financial markets. And you’ll examine the corresponding impact on performance, profitability and strategic direction.

FRMB will help you advance your career and help you progress to chartered status with The London Institute of Banking & Finance.


FRMB has one module, teaching:

  • asset and liability management
  • yield curve, interest rate and liquidity risk
  • sources of credit, quantifying credit risk and credit risk management
  • foreign exchange, interest rate, equity, fixed income and commodity risk
  • use of fixing and option-based derivatives to manage financial market risk
  • internal techniques to manage financial market risk
  • applied risk measurement
  • liquidity risk management and regulations.

FRMB runs twice a year but you can register whenever you’re ready. Throughout your studies, you’ll have access to a tutor-supported forum and you’ll receive the following study materials:

  • online study materials
  • a study planner
  • the unit syllabus
  • specimen paper
  • videos and audio learning materials
  • live and recorded webinars
  • access to our virtual library, KnowledgeBank.

The course typically takes six months to complete and you will be assessed in a two-hour session-based exam.

The Programme

Indicative Content

  • Qualification specification

    This qualification provides a critical evaluation of how financial market, credit, and liquidity risks are managed by banks within the current economic and regulatory environment. For a complete modular breakdown of the course modules, please read the qualification specification.

You will be learning on our new VLE Brightspace, click on the logo to find out more.