Recent content by Roshan Ramdas

FINALLY,.................I received the "certified FRM" mail yesterday. Exactly a month from the date of resume submission.

Thank you @brianhfield. All the very best with the part 2 exam.

Congragulations @hamu4ok. All the very best best for your future !!

Hi David, Thanks a million for all your help over the last 9 months. I don't think that I would have ever surpassed the part 1 & 2 FRM challenges without your study material and continuous support. Thank you again. Roshan

HOOOOOOOOOOOOOOOOOOOOOOOOOOOGAAAAAAAAAAAAAAAAAAA Passed 2-1-1-3-1

Not certain of passing,....leaving aside the bunch of questions that have not been discussed, .....it looks like I have goofed up on a number of questions which were discussed at this forum. After having put in months of preparation, it hurts to have a discussion at the level of passing or failing.

I don't remember the exact question write up at this point in time. Just 1 observation - Credit risk distributions are definitely asymmetric and fat tailed and these features are alot more pronounced when we look at an operational risk distribution. To that effect, if the question was phrased...

Per observation made by @JacquesBBB, Level 2A is supposed to be 40% of total HQLA

My approach to this question was more around eliminating the wrong answers and trying to zero in on the right one......to me, the points around bootstrap coming with more volatility in results etc etc,...were points that are relevant for the "basic HS". The bootstrap is essentially an exercise...

Convertible arbitrage - Liquidity premium Stress testing - I chose the option with respect to "asset mix"

Agree....should be firmwide.

Hello, The method you have followed is perfect. I don't remember the exact numerical answer. Thank you

The Basel 2 market risk capital charge did not have an SVAR component So the difference is -> Market Risk Capital Charge (with SVAR) - Market Risk Capital Charge (without SVAR)

There was one question on factors that need to be considered while looking at quantile standard errors - I selected asymmetric confidence intervals Another on facts pertaining to bootstrap, age weighted & volatility weighted HS - I selected age weighting being more responsive to losses,....data...

The question was which instruments pose highest interest rate & liquidity risk. Covered bonds & CDS were provided as options (for interest risk) Checking accounts & COD's as options (for liquidity risk)