Certified Treasury Professional ® (CTP)designation is evidence that an individual is certified in corporate treasury and cash management. The credential is awarded based upon experience and passing of a rigorous examination that provides objective measure of an individual's broad-based knowledge and competency in treasury management. Ongoing professional development is required in order to maintain the credential. The CTP is administered by the Association for Financial Professionals, the leading association for treasury and financial management professionals, with more than 16,000 members worldwide.
The CTP exam is designed to test mastery of knowledge, skills, and abilities required by finance professionals to execute critical functions related to corporate liquidity, capital and risk management, such as:
- Maintain corporate liquidity required to meet current and future obligations in a timely and cost effective manner.
- Manage optimal cash positioning through forecasting and short term investing and borrowing activities.
- Employ working capital strategies and tools to efficiently manage current assets and liabilities.
- Utilize various types of payment systems and Internet technologies to transfer value and business documents between parties.
- Monitor and control corporate exposure to financial and operational risks.
- Optimize capital structure, manage costs of long-term capital and quantatively evaluate capital resource investments.
- Manage cross border funds movement and utilize international trade financing methods.
- Delineate appropriate ethical behaviors expected in business activities.
- Recognize corporate governance issues that arise from the separation of corporate ownership and control.
- Build cost effective relationships with financial services providers.