CBA is an academic designation that specializes in three areas related to business loans: basic financial accounting, business credit principles, and introductory financial statement analysis. No minimum work experience is required and a NACM career roadmap is not required for this position.
No work experience is required in a CBA position, making it an accessible option for people starting a career in credit management. Instead, the position requires academic training that can be obtained through college courses, self-study, or NACM courses.
Only one semester is worth reading in three courses: Basic Financial Accounting, Financial Statement Analysis I, and Principles of Business Credit. Certificates, official transcripts, or grade reports are required to successfully complete the course with a grade of C.
Certified Credit and Risk Analyst (CCRA)
The CCRA is an academic designation that demonstrates the ability to analyze and interpret financial statements and conduct informed assessments of credit risk. No minimum work experience is required and a NACM career roadmap is not required for this position.
Credit Business Partner (CBF)
The CBF is an academic and participatory position, demonstrating that acquirers have contributed to business reputation by completing additional course work as well as the first CBA position. CBF refers to competition in business law and credit law. Applicants for the CBF position will also need to submit career roadmap items.
The CBF is a professional position awarded by the NACM to professionals who work in credit management. It is based on the CBA position, which requires more courses and work experience to be added to the CBF position.
Professional experience and identification of experts in business law, credit law, financial statement interpretation, and credit risk assessment is CBF certification.
Certified Credit Executive (CCE)
CCENA is the highest position in the ACM that validates its acquirers, since it is capable of managing the credit function at the executive level. Candidates must meet minimum professional and educational standards as well as present career roadmap points. Candidates must be proficient in accounting, finance, national and international credit concepts, management, and law. The CCE must be recertified every three years, further indicating a commitment to higher education, self-improvement, and developing the business loan profession.
It can be obtained in four ways, each of which requires a special combination of education or work experience.
- Plan A requires a four-year college degree, 10 years of professional credit management experience, and 125 career roadmap points. (For work experience, see the CBF section above that earns points.)
- Plan B requires CBA and CBF designation, 125 career roadmap points, and a retrial offer.
- Plan C requires 15 years of professional experience and 125 career roadmap points. It is only available to applicants age 57 and over.
El FCIB Certified International Credit Professional (CICP)
is an academic position achieved by successfully completing the FCIB’s International Credit and Risk Management (ICRM) online course. Led by an instructor, the 13-week in-depth course is divided into 12 modules and is designed to educate beginning professionals, as well as senior executives, on the complexities of global reputation and risk management. Led by faculty, this international course has attracted participants from more than 25 different countries with different backgrounds and professional experiences. Participants spend an average of 5-7 hours on the course. Participation in board office publications, «shared group» assignments are required aspects in each unique module.
International Certified Credit Executive (ICCE)
The International Certified Credit Executive (ICCE) position has been developed for international credit and risk analysis professionals who are ready to go beyond their CICP role and make a global impact. The CICP position is a prerequisite for candidates who place great importance on continuing education by acquiring the information and knowledge necessary to maintain their executive status. ICCEs not only get involved in continuing education, but also participate in their associations by completing committees, working groups or surveys, and advising through their participation in the FCIB Discussion Board or LA