Tag: Credit Management

On today’s episode of Extra Credit…There are moments throughout your career when you might be looking for guidance. Whether you are just getting acquainted at your very first job, you’ve made a career transition or you just need some advice, a mentor can make a world of difference in your confidence at work.  

By earning certifications through NACM’s and FCIB’s six-level Professional Certification Programs, credit professionals can gain in-depth knowledge and learn about different strategies to thrive in their field. 

Earning a designation through one of NACM’s and FCIB’s six professional designation programs is not only an opportunity to deepen your knowledge and understanding of the credit field, but a means to boost your career with newfound creditability. 

The American Industrial Revolution, spanning the late 18th and 19th centuries, marked a shift from manual labor to industrialization, leading to the rise of big businesses and the formation of monopolies. This era also gave birth to antitrust laws aimed at preventing businesses from gaining too much power.

“The CBA demonstrates my commitment to professional development and continuous learning within the credit industry,” she said. “I hope that it will open doors for career advancement and provide me with the tools to excel in a credit management role.”

Pursuing a designation through one of NACM’s and FCIB’s six Professional Certification Programs can be intimidating. Whether you’ve been in the industry for years or only a matter of months, the allure of a professional designation might subsist despite anxieties about going back to classes and homework. 

With sophisticated fraud schemes evolving rapidly, credit professionals must proactively identify and mitigate these risks before they impact their organizations.  

Charity Wyatt, CBA, credit specialist at Steel Dynamics, Inc., Roanoke Bar Division (Roanoke, VA), said that earning the Credit Business Associate (CBA) certification was a crucial first step toward her goal of achieving the Certified Credit Executive (CCE) designation. “The CBA certification will not only enhance my resume but also provide a solid foundation in credit principles, which is particularly valuable as I am relatively new to the credit field,” Wyatt said. 

Credit management is an ever-evolving field, with technology and automation revolutionizing the day-to-day work of many credit professionals. While the field may be in constant motion, it is important to truly hone the fundamental principles of credit.