The PRM is an "independent validation" of skills within the financial risk management profession, and professional ethics.

To maintain the designation, holders are required to complete 20 "Continuing Risk Learning" credits each year, to renew their "Sustaining Membership", and to uphold the professional and ethical standards as defined by the PRMIA Standards of Best Practice, Conduct and Ethics.

Since 2022, PRMIA offers the ORM Designation, focusing on the "skills and capabilities" of the Operational Risk Manager role.

PRMIA offers various stand-alone certificate programs designed to give a focused and foundational understanding of various areas of risk management.

To maintain certification one is required to uphold PRMIA’s professional and ethical standards.