- Business Analysts with 5+ years of experience working in investment banking, asset and wealth management, custody and asset servicing.
- Developers and QAs with 5+ years of experience working on investment banking applications.
- Business Operations Associates with 5+ years of experience working in investment banking, asset and wealth management, custody and asset servicing.
- Investment banking professionals with 5+ years of experience who are exploring career opportunities in information technology.
- Understanding of buy-side and sell-side firms, market infrastructure providers and regulators.
- Understanding of traditional asset classes, derivatives, OTC derivatives and alternative investments.
- Understanding of risk management concepts, control functions and valuation controls.
- Understanding of Greeks used in financial markets for pricing and modeling.
- Understanding of product control operations.
- Certified Professionals are required to recertify after 5 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.
| Domain | Weightage |
|---|---|
Investment Asset Class & Trading Basics Equities, Fixed Income, Money Markets, Foreign Exchange, Commodities, Derivatives, Trading Strategies and Position Management. | 5-10% |
Risk Management Stress Testing, Creation and Analysis of Internal Control Frameworks, Risk Variance and Covariance Measurements, Simulation Techniques such as Historic and Monte Carlo Methods. | 10-20% |
Control Functions Accounting Controls, Standards & Principles, US GAAP and IFRS, Financial Assets and Liabilities including Recognition & Derecognition, System Feeds, EOD Rates & P&L Estimates, Region Wise Adjustments, P&L Reconciliation, Preparation, Review and Signoff, Balance Sheet Reporting and Substantiation, Balance Sheet Variances - Analysis, Resolution and Reporting, Foreign Exchange Sell Down, Books Finalization, Intercompany Trades, Cross Border Transactions, Analysis & Review. | 20-40% |
Valuation Control IPV, OMRC, Model Validation, Model Calibrations. | 10-30% |
Greeks Greeks in Pricing & Risk Management, First-Order, Second-Order and Third-order Greeks, Greeks for Multi-Asset Options. | 10-20% |
Data Management and Product Control Operations Data Sourcing, Cleansing, Transformation and Distribution, Business Types and Practices, Key Participants/Stakeholders, Regulatory Requirements, Evolving Landscapes. | 5-10% |
Investment Banking Technology (applicable to CBTP Certification) Trading Booking Systems, Data Management, Pricing Applications, Modeling & Valuation Applications, GL Accounting & Reporting Applications, Reconciliation Systems. | 10-20% |