DEFINITION of 'Certified Treasury Professional - CTP'

A professional designation awarded by the Association for Financial Professionals to individuals who are experienced in cash management and who pass an exam demonstrating their expertise. Successful applicants earn the right to use the CTP designation with their names for three years, which can improve job opportunities, professional reputation and pay. Every three years, CCM professionals must complete 36 hours of continuing education (called recertification credits) and pay a fee to continue using the designation.

BREAKING DOWN 'Certified Treasury Professional - CTP'

To work in the cash management industry, a background in finance and/or accounting is helpful. CTP applicants become experts in treasury management. CTPs should understand revenue collection, obligation payment, cash processing, reconciliation, managing current accounts, maintaining documentation, monitoring transactions, forecasting and monitoring cash flow, receiving and processing wire transfers, analyzing financial statements, and more.



RELATED TERMS
  1. Certified Bank Auditor - CBA

    A professional designation awarded by the Bank Administration ...
  2. Accredited Automated Clearing House ...

    A professional designation awarded by NACHA (The Electronic Payments ...
  3. Chartered Mutual Fund Counselor ...

    A professional designation awarded by the College for Financial ...
  4. Energy Risk Professional - ERP

    A professional designation awarded by the Global Association ...
  5. Chartered Retirement Planning Counselor ...

    A professional designation awarded by the College for Financial ...
  6. Professional Risk Manager - PRM ...

    A professional designation awarded by the Professional Risk Managers' ...
Related Articles
  1. Personal Finance

    An Introduction To The CFA Designation

    The CFA designation is seen as the key certification for investment professionals. Find out what the CFA signifies for candidates and investors.
  2. Managing Wealth

    Financial Designations That Lead To The Highest-Paying Jobs

    Not only do these finance careers pay high salaries, they're also in high demand.
  3. Investing

    An Introduction To The CMA Designation

    Learn what the Certified Management Accountant designation is, how to get it and what it can do for your accounting career.
  4. Personal Finance

    What Management Accountants Do

    If you like keeping track of a company's income and expenses but also want to hold a position with significant responsibility and authority, management accounting could be the job for you.
  5. Financial Advisor

    CPA, CFA Or CFP® - Pick Your Abbreviation Carefully

    A couple of letters can mean a big difference. Find out which designation you need and how to get it.
  6. Personal Finance

    Consider A Career As A Financial Communications Professional

    Regulators, sales people and clients all look to communications professionals to help them navigate the markets.
  7. Financial Advisor

    Careers For CFAs, CFPs® And CTAs

    Discover the differences between Chartered Financial Analyst, Certified Financial Planner™ and Commodity Trading Advisor credentials.
  8. Financial Advisor

    A Guide To Financial Designations

    Find out which certifications can bring you the greatest career returns.
RELATED FAQS
  1. What is the difference between portfolio management and financial planning?

    Understand the difference between financial planning and portfolio management, and learn which financial professionals can ... Read Answer >>
  2. If I already hold a professional certification am I eligible for any exemptions from ...

    No. To obtain a CFA designation, you must complete all levels of the CFA program regardless of whether you hold a professional ... Read Answer >>
Trading Center