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NISM Series-VII: Securities Operations and Risk Management Exam

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NISM Series-VII: Securities Operations and Risk Management Exam

The NISM Series-VII: Securities Operations and Risk Management (SORM) Examination is designed to establish a uniform foundation of knowledge for individuals associated with registered stockbrokers, trading members, or clearing members of recognized stock exchanges. It is particularly relevant for those involved in activities such as managing client funds or securities, handling investor grievances, maintaining internal controls, overseeing risk management processes, and addressing operational risk.

Who Should Take the Exam?

This exam is ideal for a wide range of participants in the securities market, including:

  • Individuals employed with registered stockbrokers, trading members, or clearing members of recognized stock exchanges in India

  • Students and aspiring market professionals seeking to build a career in securities operations and risk management

  • Anyone interested in gaining structured knowledge of securities operations and associated risks

Course Outline 

The Exam covers the given topics  -

  • Introduction To The Securities Market
  • Market Participants In The Securities Market
  • Introduction To Securities Broking Operations
  • Risk Management
  • Clearing Process
  • Settlement Process
  • Investor Grievances And Arbitration
  • Other Services Provided By Brokers

NISM Series-VII: Securities Operations and Risk Management Exam FAQs

The certificate will be valid for 3 years from the date of the examination.

On successful completion of the examination the candidate should: • Know the basics of the Indian securities market, the different products traded and the various market participants and the respective roles they play in the Indian securities market. • Understand the regulatory framework and the role of the Securities Exchange Board of India. • Know the various functions of the Front Office, Middle Office and Back Office in a Securities Broking Firm. • Understand the trade life cycle, the steps and participants involved in the trade life cycle and the role of the back office in a securities broking firm. • Understand how the risks are managed in a securities broking firm, the clearing and settlement process. • Understand the process of investor grievances redressal.

The following persons can take NISM-Series-VII: Securities Operations and Risk Management Certification Examination: 1. Associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in: assets or funds of investor or clients; redressal of investor grievances; internal control or risk management; activities having a bearing on operational risk. 2. Interested students/professionals 3. Any other individuals

The examination seeks to create a common minimum knowledge benchmark as the requisite standard for associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in (a) assets or funds of investor or clients (b) redressal of investor grievances, (c) internal control or risk management and (d) activities having a bearing on operational risk.

Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.

There will be 100 questions in the exam.

Yes Skilr offers free practice tests for the NISM Series VII: Securities Operations and Risk Management Certification exam which can be used before the final purchase for complete test.

`Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the NISM Series VII: Securities Operations and Risk Management Certification exam cost.

Yes our experts frequently blog about the tips and tricks for exam preparation.

There will only be multiple-choice and multi-response questions covered in the exam.

The fees for NISM Series VII: Securities Operations and Risk Management Certification exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).

After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.

There will be 100 questions which have to be completed in 120 minutes.

Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the Skilr Helpdesk for more details. The member of support staff will respond as soon as possible.

Once purchased, the practice exams can be access for the lifetime.

Skilr provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.

The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be negative marking of 25% of the marks assigned to a question.

There are no prerequisites required for NISM Series VII: Securities Operations and Risk Management Certification Exam.

To renew your current certificate, you need to appear for NISM CPE for Securities Operations and Risk Management or successfully pass the NISM Securities Operations and Risk Management Certification Examination before the expiry of such certificate.

The candidate has to secure 50% in order to pass the exam.