Certificate In Introductory Transaction Banking (CITB)
About this course

BAFT’s Certificate in Introductory Transaction Banking (CITB) is targeted at individuals who are new to transaction banking products and services. This certificate is tailored to those that are either joining a bank directly from college, from a separate line of business and/or industry, as well as those junior level employees looking to have a broader knowledge of their role in transaction banking. The target candidate has under 3 years of transaction banking experience, or has only had exposure to parts of transaction banking.

Topics Covered: Cash management, trade finance, compliance, cross-border payments, correspondent banking, and innovation.

Who Should Attend: Relationship Managers, Product Managers, Credit Officers, Associates, Analysts, Interns, and new hires involved in cash management, trade finance, regulatory compliance, anti-money laundering, financial crime compliance, and international banking.

What You Will Learn: Participants will obtain a basic understanding of the key transaction banking services including cash management, trade finance, compliance, correspondent banking and cross-border payments; in addtion to common industry terminology, and the role these products play in the banking industry. Finally, students will understand the rich history of transaction banking, where it stands in its evolution today, and look into the innovative efforts being made by the industry.

Certificate Structure
  • 7 Courses
  • Program Duration: Approximately 5 hours; 45 to 60 minutes per course
  • Level: Introductory – Mid Level knowledge
Studying

Comprising 7 courses, the industry-validated certificate was developed by a group of leading transaction banking experts from BAFT’s global community. Each course has been tailor-made to develop the skills needed to walk away with an understanding of the core components of transaction banking prior to diving more deeply into bank specific processes and procedures.

Course Overview
  • Course I: Introduction to Trade 
  • Course II: What is correspondent banking?
  • Course III: Maintaining a correspondent banking relationship
  • Course IV: Channels
  • Course V: Introduction to cross-border payments
  • Course VI: Trade Finance
  • Course VII: Introduction to compliance risk management
Assessment
  • Upon passing the examination, learners will be issued an accredited certificate in Introductory Transaction Banking
  • Live proctored via the internet
  • The passing grade is 80% minimum. Upon passing the examination, learners will be issued an accredited certificate in Introductory Transaction Banking
Instructors

Craig Weeks
Mr. Weeks is an independent banking consultant, lending his expertise to organizations in regards to trade finance, supply chain, and transaction banking operations. Craig has over 20 years of experience, with a significant portion spent with JPMorgan, where he served as Managing Director and Head of Global Trade Sales. In addition, Craig serves as an advisor to the Global Trade Professionals Alliance, as well as an Executive Practicum Adviser within the North Carolina State University Supply Chain Resource Cooperative (and a member of the SCRC Advisory Board). In March 2019, Craig was appointed to the Trade Finance Advisory Council of the U.S. Department of Commerce.

Alexander Malaket
Mr. Malaket is a consultant in international trade, trade financing and trade-related international development. President of OPUS Advisory Services International Inc., based in Canada. Alexander is the author of “Financing Trade and International Supply Chains” (UK, 2014), Deputy Head of the Executive Committee, ICC Banking Commission (Paris), and a member of various international boards and industry associations.

Advisors
  • Charles Kohler, Executive Vice President, Global Payment Services, Wells Fargo
  • John Ladany, Managing Director, Citi
  • Inna Gogoua, Vice President & Director, Financial Institutions Group, PNC Bank
  • Barry Tooker, Chief Product Officer - Global Head of Product Management, iSoftware4Banks, Inc.
  • George Andrianos, MD, Head of Product, Strategy & Innovation, Trade & Treasury Solutions, BNP Paribas
Register

To complete registration and payment you will be taken to the BAFT Learning Management System

Fees
This includes access to all 7 on-demand e-courses, with an certificate in Introductory Transaction Banking.
  • Members – US$799 
  • Non-Members – US$999 

This includes access to all 7 on-demand e-courses, with an certificate in Introductory Transaction Banking. Payment: Visa, American Express, Mastercard, Discover. For alternative forms of payment please contact info@baft.org

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Instructional Designer: Walsh College