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Michael Sell
Everything you wanted to know about the ERPbut were afraid to ask
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Transactions are happening faster and market data sets are getting larger
Regulatory initiatives and requirements are increasing
Growing awareness and implementation of ERM initiatives
The ERP Exam is designed to assess an individuals ability to measure and manage
physical and financial risk in the energy industry.
Access to a global network of like minded energy market and risk professionals
Regular job task analyses and curriculum surveys are performed to identify
current industry demands and specific exam topics.
The ERP curriculum is reviewed and revised annually in conjunction with the EOC
The ERP curriculum is described in the 2014 Study Guide and AIMs documents
The AIMs summarize the knowledge points contained in each required reading
ERP item writers and other Subject Matter Experts (SMEs) rely on the AIMs to develop
examination items (questions)
Jonathan C. Stein
Michael Sell
Ken Robinson
Shawnie McBride
Mark D. May
Alessandro Mauro
Jeff Jewell
Gordon E. Goodman*
Richard Apostolik
Ken Abbott
Hess Corporation
Lacima Group
Hess Corporation
GARP
Calpine
Direct Energy
Philips 66
Litasco SA
DTE Energy
Trafigura
GARP
John Wengler
* Retired Occidental Petroleum
Positive results indicate the ERP reliably measures competence in energy risk skills
Nov
2009
62%
May
2010
49%
Nov
2010
54%
May
2011
51%
Nov
2011
50%
May
2012
45%
Nov
2012
45%
May
2013
47%
Nov
2013
61%
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Canada 8%
USA 36%
UK 11%
Germany 5%
Switzerland 7%
Singapore 6%
India 7%
Awareness is Global
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ERP Highlights
Over 700 Certified ERPs globally
More than 60 organizations with two or more ERPs
ERPs come from more than 50 countries
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Ben Baglin, ERP, Head of Market Risk, EDF Trading North America
Describe the types of activities you are typically involved with in your role at EDF Trading.
What are some of the most important trends in energy markets and the role of risk management?
What differentiates energy market risk from traditional financial market risk?
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What knowledge and skills have been most instrumental in your career success?
How did you hear about the ERP?
A number of your colleagues at TransAlta have taken the ERP what feedback have you received?
Describe the benefits you envision from the integration of the ERP into TransAltas risk culture?
What advice would you give ERP candidates who are interested in pursuing a career in energy trading?
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What advice would you give ERP candidates considering a transition to energy risk management?
How has the ERP Certification added value to you personally and in your career progression?
What have you found most appealing about working in the energy markets?
Describe the risk management tools and modeling projects you have helped implement.
What knowledge and skills did you find the most useful in your transition to energy risk?
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Demonstrate Two
Years Relevant
Work Experience
Certified
Energy Risk
Professional
(ERP)
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Mandatory
Continuing
Education
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www.garp.org/erp/study-center/free-practice-exams.aspx
Practice Exams (Free)
www.garp.org/erp/study-center/exam-preparation-providers.aspx
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Earning the ERP is just one step in building your energy risk career; maintaining
your knowledge and skills is equally important.
Certified ERPs are required to earn 40 hours of CPE credit every 2 years
GARP helps ERPs stay abreast of current industry trends and risk management
knowledge through our Continuing Professional Education (CPE) Program.
The CPE program is global, flexible and delivers an extensive range of highly
relevant programs from webcasts and training programs to live conferences and
seminars.
GARP has partnered with a broad range of global providers of education and
training to bring you the most up-to-date information and share best practices in
risk management
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Africa
Ghana, Accra
Kenya, Nairobi
Nigeria, Lagos
South Africa, Cape Town
South Africa, Vanderbijlpark
Asia
Bahrain, Manama
China, Beijing
China, Chengdu
China, Guangzhou
China, Hong Kong
China, Nanjing
China, Shanghai
China, Wuhan
India, Bangalore
India, Chennai
India, Hyderabad
India, Kolkata
India, Mumbai
India, New Delhi
Indonesia, Jakarta
Israel, Tel Aviv (Sunday)
Japan, Tokyo
Americas
Bermuda, Paget
Brazil, Sao Paulo
Canada, Alberta, Calgary
Canada, BC, Surrey
Canada, Ontario, Toronto
Canada, Quebec, Montreal
Jamaica, Kingston
Mexico, Mexico City
USA, California, Los Angeles
USA, California, San Francisco
Jordan, Amman
Korea, Seoul
Kuwait, Safat
Lebanon, Beirut
Malaysia, Kuala Lumpur
Oman, Muscat
Pakistan, Karachi
Philippines, Manila
Saudi Arabia, Riyadh
Singapore
Taiwan, Taipei
Thailand, Bangkok
United Arab Emirates, Dubai
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Ireland, Dublin
Italy, Milan
Luxembourg
Poland, Warsaw
Russian Federation, Moscow
Spain, Barcelona
Spain, Madrid
Sweden, Stockholm
Switzerland, Geneva
Switzerland, Zurich
The Netherlands, Amsterdam
Turkey, Istanbul
Ukraine, Kiev
UK, England, London
UK, Scotland, Edinburgh
Oceania
Australia, Melbourne
Australia, Sydney
New Zealand, Auckland
Email: memberservices@garp.com
Learn more about the ERP Program, including Exam preparation resources at:
www.garp.org/erp
Connect with other Certified ERPs and ERP Exam candidates at:
www.facebook.com/garperp
www.linkedin.com Energy Risk Professional group
@GARP_Risk
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Creating a culture of
risk awareness
Global Association of
Risk Professionals
111 Town Square Place
14th Floor
Jersey City, New Jersey 07310
USA
+ 1 201.719.7210
2nd Floor
Bengal Wing
9A Devonshire Square
London, EC2M 4YN
UK
+ 44 (0) 20 7397 9630
www.garp.org
About GARP | The Global Association of Risk Professionals (GARP) is a not-for-profit global membership organization dedicated to preparing professionals and
organizations to make better informed risk decisions. Membership represents over 150,000 risk management practitioners and researchers from banks, investment
management firms, government agencies, academic institutions, and corporations from more than 195 countries and territories. GARP administers the Financial Risk
Manager (FRM) and the Energy Risk Professional (ERP) Exams; certifications recognized by risk professionals worldwide. GARP also helps advance the role of risk
management via comprehensive professional education and training for professionals of all levels. www.garp.org.