Educational Opportunities

There are a number of qualifications and training courses available to trade finance professionals. tradeXplain got in touch with the providers and they gave us an overview of what they’ve got on offer.

Some have partnered with tradeXplain by offering discounts, so keep reading!

eBSI Export Academy 

Overview of trade finance-related courses and/or qualifications :

We have 3 programs and 13 CPD courses.

Diploma in Trade for Trade Finance Professionals 
Includes both our Certificate in Finance of International Trade AND Certificate in Trade Finance Compliance and Fraud Prevention as well as coverage of practical international trade topics such as export packaging and procedures, documentation, logistics, modes of transport, international contracts, customs procedures and Incoterms. This is an excellent way to get any staff member up to standard for trade finance operations and related relationship management roles.
https://www.ebsi.ie/collections/certificate-programs/products/diploma-in-trade-for-trade-finance-professionals 

Certificate in Finance of International Trade (IFC Recognised)
Covers key trade operations products: LCs, documentary collections, and bonds and guarantees as well as short to medium-term finance, export credit agency finance, structured and commodity trade finance and fraud prevention.
https://www.ebsi.ie/collections/certificate-programs/products/fit-finance-of-international-trade 

Certificate in Trade Finance Compliance and Fraud Prevention
Covers trade finance compliance procedures including due diligence and extended due diligence and trade finance fraud prevention in both trade operations and more complex trade finance products.
https://www.ebsi.ie/collections/certificate-programs/products/compliance-fraud-prevention-in-trade-finance 

Length of course/s:
The Certificate in Trade Finance Compliance and Fraud Prevention is 16 hours of online training. 

The Certificate in Finance of International Trade is 40 hours of online training

The Diploma in Trade for Trade Finance Professionals is 80 hours of online training.

Costs:
The Certificate in Trade Finance Compliance and Fraud Prevention costs €200 per participant with group discounts available.

The Certificate in Finance of International Trade costs €700 per participant with special pricing for IFC issuing/confirming banks and group discounts available. 

The Diploma in Trade for Trade Finance Professionals costs €1,200 per participant and includes the two certificates above. Group discounts available.

Use discount code “TRADEXPLAIN” for 10% discount on any course.

Contact:
Thomas Smith, eBSI Export Academy
Tel: +353876783785 | Email: ts@ebsi.ie | www.ebsi.ie

The London Institute of Banking & Finance

Overview of trade finance-related courses and/or qualifications :

Certificate in International Trade and Finance (CITF)
CITF combines the acquisition of technical knowledge of every aspect of trade finance with the skills to apply that knowledge to situations in the workplace. CITF is endorsed by the ICC. 

Certificate for Documentary Credit Specialists (CDCS)
CDCS is recognised worldwide as the benchmark of competence for international practitioners whose day-to-day role is working with documentary and standby letters of credit. CDCS is endorsed by the ICC.

Certificate in Supply Chain Finance (CSCF)
CSCF provides an accurate understanding and application of open account financing options, risk mitigation (including foreign exchange management) and settlement. At its core are the Standard Definitions for Techniques of Supply Chain Finance. CSCF has been developed in partnership with the ICC Academy.

Certificate for Specialists in Demand Guarantees (CSDG)
CSDG enables students to demonstrate a high level of expertise and improves knowledge and understanding of the complex issues associated with demand guarantees. CSDG is endorsed by the ICC. 

Certificate in Trade Finance Compliance (CTFC)
CTFC has been designed to provide compliance, trade operations and client facing personnel with the ability to demonstrate and apply their technical expertise in this increasingly important area. CTFC has been developed in partnership with the Institute of International Banking Law & Practice (IIBLP) and Coastline Solutions. 

Certificate in Principles of Payments (CertPAY)
CertPAY provides candidates with a comprehensive understanding of payments, from terminology to the mechanics of moving money across the globe, as well as compliance, risk, regulation, and strategy. CertPAY is endorsed by the SWIFT Institute. 

Diploma for Qualified Trade Finance Specialists (QTFS)
On successful completion of a minimum of three qualifications in trade finance and transaction banking successful candidates will be automatically awarded this Diploma. 

Length of course/s:
Dependent on a candidate’s experience these typically take around six months’ of private study to complete.

Cost/s:
£495 to £795

Contact:
David Morrish, Relationship Director
Email: dmorrish@libf.ac.uk | https://www.libf.ac.uk/ 

The ICC Academy (International Chamber of Commerce Academy)

Overview of trade finance-related course/s and/or qualifications: 
Global Trade Certificate (GTC): The Global Trade Certificate is an introductory-level online certification providing a comprehensive understanding of trade finance products – from letters of credit through to supply chain financing techniques. It’s an ideal programme for transactional and relationship managers—as well as executives from management, credit, legal and compliance functions who want to build an understanding of the nuts and bolts of global trade.

The industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each e-course has been tailor-made to develop the skills needed to sell, deliver and process global trade finance solutions.

The full certification programme – delivered exclusively online – includes 8 hours of video lessons and 250 assessment questions to help you grasp key concepts easily.

Certified Trade Finance Professional (CTFP): The Certified Trade Finance Professional is an advanced level online certification providing up-to-date, in-depth knowledge of trade finance products. Using case studies and with an emphasis on analysis of real-world scenarios, the intensive programme focuses on key trade finance products, techniques and compliance issues.

The certification is aimed at product and relationship managers – as well as executives from management, credit, legal and compliance functions. We recommend that you have 5+ years of trade finance experience, or already certified via the ICC Academy’s Global Trade Certificate (GTC) or LIBF’s CDCS, CSDG or CITF programmes to take this programme.

The industry-validated syllabus – delivered exclusively online – was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. It includes 250 assessment questions and 28 case studies so you can better understand how to apply what you learn to real-world scenarios.

Length of course/s:
Each individual e-course will take between 3-5 learning hours depending on your level of expertise. Approximate total learning time for our full certificate programmes is as follows:

Global Trade Certificate: 45 hours over 70 lessons.

Certified Trade Finance Professional: 45 hours over 72 lessons.

Candidates will have 12 months from the purchase date to complete their individual course, certification programmes and exams.

Cost/s:
Global Trade Certificate (GTC): US$$1499

Certified Trade Finance Professional (CTFP): US$ $1799

Contact:
Will Moody – will.moody@iccacademy.com.sg
David Pang – david.pang@iccacademy.com.sg

www.tradefinance.training

Overview of trade finance-related course/s and/or qualifications: 
Our training modules break new ground by being designed to be mainly of 60-90 minutes duration. This means each module is highly focused on a specific topic or aspect of a trade finance product. As a result, only the applicable modules need be purchased when a gap in the knowledge base of an individual has been identified. No more buying a complete package to obtain the segment that is required.

This kind of timeframe also allows students to undertake the training at a time that is convenient to them and their organisation, for example, before work, at lunchtime, or after work, in fact during any spare time. Training can commence on, for example, a PC and be completed on an iPad (or vice-versa).

Our training platform provides students with access to modules covering a multitude of topics, ranging from those that are specific to the role currently being performed, to those that relate to a role to which an individual may transition in the future, or topics that are purely of general interest.

At the top of this link there is access to our Brochure, which provides details on each of the individual topics and modules.

Length of course/s:
Each module is up to 90 minutes duration.

Cost/s:
Modules cost between £15 and £25 each. Assessments cost either £20 or £25 each. Further details and pricing can be found here: https://www.tradefinance.training/shop/

Contact:
Gary Collyer: gary@tradefinance.training
David Meynell: dave@tradefinance.training

Loan Market Association (LMA)

The LMA offers a range of seminars, conferences and training – the majority of which is free of charge to members. 

Education is one of its core objectives. In particular, it seeks to educate members and others regarding documentation and legislative, regulatory, legal, accounting, tax and operational issues affecting the syndicated loan market in Europe, the Middle East and Africa.

 More information about its educational activities can be found here.