File Info
| Exam | IBM Risk Analytics for Banking Sales Mastery Test v1 |
| Number | M2020-621 |
| File Name | IBM.M2020-621.PassLeader.2019-09-01.24q.vcex |
| Size | 14 KB |
| Posted | Sep 01, 2019 |
| Download | IBM.M2020-621.PassLeader.2019-09-01.24q.vcex |
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Demo Questions
Question 1
What would most concern a credit risk analyst has within commercial banking?
- Having access to reports on Potential Future Exposure on a portfolio of FX products
- Having access to reports on loan origination and credit limit utilization
- Having tools to validate the market risk factors for scenario generation
- Having tools to report on wrong-way risk in the trading book portfolio
Correct answer: B
Question 2
Which bank has successfully applied the Integrated Market and Credit Risk solution to provide pre-deal CVA measures to the front office?
- Nedbank
- Scotiabank
- Citigroup
- Bank of New York Mellon
Correct answer: B
Question 3
What is a key value proposition for the Strategic Business Planning solution?
- Provides a central and single view of the customer, control over the entire credit sanctioning, approval and activation process
- Correlates risks through integrated stress testing which prepares the bank for market-wide stress situations
- Runs RiskWatch-based calculations to ensure consistency across all calculations and risk areas
- Takes a "top-down" view that aggregates pre-calculated results from multiple risk systems (Algorithmics. IBM.in-house. other vendors), providing risk and return analysis
Correct answer: D
Question 4
Which piece of regulation will drive global demand for sell-side solutions and requires banks to maintain suitable levels of capital and liquidity to enable them to survive without outside assistance in the event of a shock?
- Dodd-Frank
- Basel III
- Volcker III
- EMIR
Correct answer: B
Question 5
Which solution is not an "operationally oriented solution" as described in the Introduction and overview of Algorithmics Banking and Financial Markets Business presentation by John Macdonald?
- Balance Sheet Risk Management
- Credit Lifecycle Management
- Collateral Management
- Strategic Business Planning
Correct answer: D
Question 6
Which sell-side solution does not rely on Monte Carlo sim-ulation?
- Liquidity Risk & Asset Liability Management
- Economic Capital & Solvency II
- Credit Lifecycle Management
- Integrated Market and Credit Risk
Correct answer: B
Question 7
Which solution offers the benefits of mitigation management?
- Credit Lifecycle Management
- Integrated Market and Credit Risk
- Liquidity Risk & Asset Liability Management
- Strategic Business Planning
Correct answer: B
Question 8
Name a typical Market Risk Factor.
- Equity values
- Yield curves
- Operational Risk
- Transfer values
Correct answer: A
Explanation:
Reference: http://www.hedgefund-index.com/d_marketrisk.asp Reference: http://www.hedgefund-index.com/d_marketrisk.asp
Question 9
Which solution offers the benefits of real-time pricing of counterparty credit risk with CVA?
- Credit Lifecycle Management
- Integrated Market and Credit Risk
- Liquidity Risk & Asset Liability Management
- Strategic Business Planning
Correct answer: B
Question 10
Contemplate for a moment that you are the CRO of a bank and you require a solution (from IBM) that will give you an integrated and consistent view of your risks and return across the business. Which solution will give you the best support in achieving this?
- Asset & Liability management
- Strategic Business Planning
- Solvency II and Economic Capital
- Integrated Market & Credit risk
Correct answer: D
