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Certified Associate - Securities Operations

Securities operations comprises post trade processes that include transaction management, clearing & settlement, custody, corporate actions processing, position management & securities valuation, securities lending and reconciliation.

 

Skill Board Associate certification in Securities Operations evaluates candidate’s fundamental knowledge of investment management back office processes, custody & securities servicing, and necessary skills to develop solutions to common business problems in operations and technology. The assessment is conducted through an online remote proctored test.

 

Candidates can choose between two certification options:

 

  • Certified Business Operations Associate (CBOA) - Securities Operations certification is issued to candidates with 1+ years of career experience in securities & capital markets business operations and successfully pass the assessment for the CBOA - Securities Operations certification.

 

  • Certified Business Technology Associate (CBTA) - Securities Operations certification is issued to candidates with 1+ years of career experience in securities & capital markets technology and successfully pass the assessment for the CBTA - Securities Operations certification.

Next available assessment date:

May 20
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Who should get certified
  • Business Analysts with 1+ years of experience working in the banking, asset management and servicing industries.
  • Developers and QAs with 1+ years of experience working on investment management platforms.
  • Business Operations Associates with 2+ years of experience working in the banking, asset management and servicing industries.
  • Investment management professionals who are exploring careers opportunities in information technology.
Candidates are evaluated for
  • Understanding of traditional asset classes, derivatives, and alternative investments.
  • Understanding of trade processing and securities settlement.
  • Understanding of corporate actions processing, securities valuation and investment reporting.
  • Understanding of trade, position and cash reconciliation.
  • Understanding of operational risk and controls in asset custody and servicing operations.
Maintaining the certification
  • Certified Associates are required to recertify after 3 years either by taking a recertification assessment or through continuing education credits.
  • Continuing education credits may be earned by taking industry certifications, participating in industry conferences including professional presentations and writing industry thought papers that get published on skillboard.org or other online forums.
Assessment weightage by Knowledge Area
DomainWeightage

Capital Markets Overview

Role of Buy-side and Sell-side Firms, Stock Exchanges, Trading Venues, Custodians, Data Providers, Regulators, Investment Instruments

10-20%

Investment Management Process

Investment Objectives, Asset Allocation, Portfolio Construction and Rebalancing.

10-20%

Transaction Management

Trade Capture, Confirmation, Enrichment. Settlement Instruction, Trade Notification.

10-20%

Clearing & Settlement

Trade Position Netting & Clearing, Trade Settlement, Settlement Failures, Custody operations..

10-20%

Asset Servicing

Corporate Actions Processing, Securities Valuation, Cash & Position Reconciliation, Fund Administration, Securities Lending.

10-20%

Securities Data Management

Securities and Non-Securities Reference Data, Market Data.

10-20%

Client Servicing

Client Onboarding, KYC - AML Compliance, Client Reporting, Billing and Offboarding.

10-20%

Securities Operations Processes (applicable to CBOA certification)

Transaction Management, Trade Clearing & Settlement, Corporate Action Processing, Reconciliation, Investment Reporting.

10-20%

Securities Operations Technology (applicable to CBTA Certification)

IT Applications & Operations Supporting Transaction Management, Trade Clearing & Settlement, Securities Valuation, Corporate Actions Processing, Reconciliation, Investment Reporting.

10-20%