test How a global credential helps treasury professionals stand out in the Asia-Pacific job market
In a competitive skills-based job market, the CTP designation helps treasury professionals boost their credibility.
With the globalisation of financial markets, a worldwide talent shortage, and a greater appreciation for the critical role of treasury following the pandemic, the demand for skilled treasury professionals is higher than ever.
As a result, employers worldwide are rethinking their approach to talent management. Degrees and job titles are becoming secondary to a focus on the skills a job requires and the people who match those requirements. According to LinkedIn data, 73% of recruiting professionals say hiring based on skills is a priority.
So, how do you demonstrate your mastery of critical treasury skills? With a professional certification. Data attained by Statista indicate that many employers in Asia consider professional certifications valuable when making hiring decisions.
A crucial part of your career progression
Earning a certification indicates to employers your commitment to your profession and a proven ability to succeed in the role. For those who are looking to make a career change, a professional certification is an effective way to gain the necessary skills for a desired role.
There are many benefits to earning a professional certification, including:
- Validation of Skills: A professional certification validates your skills and expertise, serving as tangible evidence of your competency, which can boost your credibility and marketability in a tough job market.
- Career Advancement: A professional certification can help you gain access to higher-paying positions.
- Relevancy: The continuing education requirements of a professional certification ensure you stay current with industry standards and trends.
- Confidence: A professional certification increases your confidence in your abilities and reassures employers, clients and colleagues that you possess the necessary skills to excel in your role.
Whether you are in your first job as a treasury analyst, seeking a promotion or looking for a career change, you will want a credential that sets the global standard for corporate treasury.
The leading credential in corporate treasury worldwide
The Certified Treasury Professional (CTP) designation, sponsored by the Association of Financial Professionals (AFP), serves as a benchmark of competency in the finance profession.
It signifies that you have demonstrated the knowledge and skills required to execute critical functions related to corporate liquidity, capital and risk management effectively.
Kevin Ng, CTP, Head of Finance and HR, APAC for BI Worldwide, earned the CTP credential to fill a knowledge gap in cash management, as his MBA programme and CPA training only skimmed the surface of treasury. After completing the CTP programme, he became more confident in his cash management execution and gained a comprehensive view of how the treasury function should work.
“Having a CTP, on top of adding to one’s personal credibility, helps you to understand various treasury options and gives you additional confidence in decision-making and treasury execution,” said Ng.
The CTP credential is a symbol of excellence, and CTP credential holders are in demand. In fact, 80% of Fortune 500 companies employ treasury professionals with the CTP credential.
For Lionel Lee, CTP, the CTP credential helped open the door to his role as a treasury manager for WeLab Bank in Hong Kong because his manager valued the credential’s relevance to treasury.
“Earning the CTP provided me with a great foundation of practical industry knowledge; I highly recommend the CTP to any finance professional who is seeking a career in treasury,” said Lee. “No other certification will better prepare you for the job than this.”
Recruiters cite a lack of candidates with the necessary skills and expertise as one of the top reasons for their inability to fill treasury roles. Earning the CTP credential tells recruiters that you do have the necessary skills and expertise. This speeds up the hiring process, opens more doors to opportunity, and helps you advance your career faster.
Give yourself the competitive edge and get started with the process of earning the Certified Treasury Professional (CTP) designation today.