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Certified Corporate Trust Specialist (CCTS)
 
Questions and Answers : 450 Q&As

Updated:     Jun 8th, 2010
 
 
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Product Description Exam Number/Code: CCTS

Exam Number/Code: CCTS

Exam Name: Certified Corporate Trust Specialist

The world of finance provides a great variety of career possibilities and there are a number of financial certifications available to all the candidates.

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Information Regarding CCTS Exam

The Certified Corporate Trust Specialist certification is designed to:

  • Establish a recognized standard of knowledge and competence for corporate trust professionals
  • Formally recognize those who meet these standards
  • Provide employers with a tool to identify skilled, knowledgeable professionals
  • Support the benefits of professional continuing education and development
Eligibility requirements
You must meet the following pre-requisites in order to qualify to take the CCTS certification examination:

1. Professional Experience & Education

  • Current employment in the corporate trust industry and a minimum of three (3) years of experience in corporate trust as well as 90 hours of ICB-approved corporate trust training or
  • Current employment in the corporate trust industry and a minimum of five (5) years experience in corporate trust as well as 60 hours of ICB-approved corporate trust training or
  • Current employment in the corporate trust industry and a minimum of eight (8) years experience in corporate trust as well as 30 hours of ICB-approved corporate trust training.
2. Professional Reference
One letter of recommendation from your manager attesting to your qualifications for certification, including your corporate trust experience.

3. Ethics Statement
Each candidate must sign ICB's Professional Code of Ethics statement.  Please note:  you must furnish all pertinent information about any convictions or pleas of nolo contendere on the grounds of fraud, embezzlement, unfair or deceptive practices, securities law violations, misappropriation of property, fraudulent conversations or any civil or administrative action from which you have been previously found liable.

4. Application
You must complete and submit the application.  You are required to meet the eligibility requirements in place at the time that you submit your application.

Maintenance requirements
To maintain your CCTS in good standing, you must adhere to ICB's Professional Code of Ethics, pay an annual fee, and complete 30 hours of continuing education every three years.

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