Certified Corporate Trust Specialist (CCTS)
Certified Corporate Trust Specialist (CCTS)
Certified Corporate Trust Specialist (CCTS)
About Certified Corporate Trust Specialist (CCTS) Practice Exam
The Certified Corporate Trust Specialist (CCTS) certification is the undisputed professional credential for financial services professionals whose primary function and expertise focus on the provision of corporate trust services. The CCTS designation signifies that an individual working in this field has attained comprehensive training in the following professional knowledge areas: Laws & Regulations, Accepted Policies & Procedures, and Market Environment.
Course Outline
Candidates must pass an examination that covers the knowledge areas below:
1. Laws and Regulations (30% of the exam)
- Acts and Laws
- Regulatory and Legislative Bodies
2. Accepted Policies and Procedures (35% of the exam)
- Audit, Compliance and Risk Management
- Account Acceptance
- Securities Issuance
- Account Administration
- Securities
- Payment and Redemption
- Revenue and Expense
3. Market Environment (35% of the exam)
- Credit Markets and Issuance of Securities
- Financing Transaction Participants
Exam Requirements
- Total Questions: of 200 multiple-choice questions
- Exam Duration: 4 hours to complete the exam.
- Candidates may retake the exam if they do not pass; the exam re-take fee is $150. formats:
Candidates have the option of taking the exam in one of two -
- A proctored exam at the candidate’s company, with an ICB-certified member serving as exam proctor
- At an exam site that is within 2 hours driving time from the candidate's company
Upgrade and Enrich your profile to pass Certified Corporate Trust Specialist (CCTS) with real-time exam questions and expert Guidance. Try Free Test Now!
Exam Format and Information
| Exam Name Certified Corporate Trust Specialist | Exam Code CCTS |
| Exam Duration 4 hours | Exam Format Multiple Choice and Multi-Response Questions |
| Exam Type Specialist | Number of Questions 200 Questions |
| Eligibility/Pre-Requisite 0 | Exam Fee $550 USD Retake Fees $300 USD |
| Exam Language English | Pass Score Passing score set at 500 |
Certified Corporate Trust Specialist (CCTS) FAQs
What is Certified Corporate Trust Specialist (CCTS) certification?
Certified Corporate Trust Specialist (CCTS) exam demonstrates the candidate skills and abilities in the corporate trust field. This certification is the professional credential for financial services professionals whose primary function and expertise focus on the provision of corporate trust services.
What is the eligibility requirement for the Certified Corporate Trust Specialist (CCTS) exam?
For this certification candidates must have minimum five years of experience in corporate trust. They must have two years minimum of experience in corporate trust AND completion of ONE of the following corporate trust training programs:
• Cannon Financial Institute, Corporate Trust I, II, III
• Corporate Trust Insights, Corporate Trust I, II, III
How many questions will be there on Certified Corporate Trust Specialist (CCTS) exam?
In this exam there will be 200 multiple choice questions.
What is the examination fee for the Certified Corporate Trust Specialist (CCTS)?
The CCTS exam will cost you $550 USD.
What is the time duration for the Certified Corporate Trust Specialist CCTS exam?
You will get maximum 4 hours to complete the exam.
What is the CCTS exam course outline?
The topics covered in this exam include:
• Laws & Regulations (30%)
• Accepted Policies & Procedures (35%)
• Market Environment (35%)
What is the exam retake policy?
To retake the exam, you must have to wait a minimum of 90 days before the next scheduled exam date. You can give the exam as many times as you want, there is no limit. And, you must pass the exam within a 3 year period from the date of your first exam attempt or a new application and full fee is required.
Is there any retake fees for the CCTS exam?
Yes, for retakes the fees is $300 USD.
What is the passing score for the ABA Professional certification exams?
For all the ABA Professional Certification exams the score is on a scale ranging from 200 to 800, with the passing score set at 500.
What is exam cancellation policy?
If you want to reschedule or cancel the exam then, you must contact Scantron at least 2 business days before the scheduled appointment. If you cancel or reschedule a testing appointment in more than 2 business days in advance is subject to a $50 fee. And, cancelling or rescheduling less than 2 business days in advance of an appointment is not allowed.
How much time it takes to get the exam result?
ABA exam are computer based exam so an instant pass/fail outcome is provided. And, the official score results are delivered via email within 6 weeks after the close of the exam window.
Why there is use of computer-based testing in ABA exams?
Computer-based testing gives candidates advantages in scheduling and option of taking the exam any day and time during a 30-day testing window that best fits your schedule, subject to availability.
Can I take the computer-based certification exam on at home or at work?
No. The computer-based exams are only offered at Scantron Test Sites during the defined date range noted on the exam schedule.
What is the process of maintaining Certified Corporate Trust Specialist (CCTS) exam?
To maintain CCTS, you must have 30 CE credits every three (3) years, annual renewal fee and adherence to the Professional Code of Ethics.
Is accommodation available for individuals with disabilities at the computer-based testing centers?
Yes, all the U.S. testing centers are fully accessible and compliant with the Americans with Disabilities Act (ADA). So, you must submit your request for reasonable accommodations, along with supporting documentation with your exam application.
How to register for the computer-based exam?
You can apply for an exam at Scantron Test Site. Once approved by ABA Professional Certifications, you will receive registration information via email from Scantron. The email will contain your unique login id and password which will help you register at your preferred test site on the day and time of your choosing.
Why ABA certifications?
ABA promotes industry excellence and continuous career development for bankers through a wide range of job-specific professional certifications. These certifications are developed by experts in the financial services industry and are acknowledged industry-wide as the symbol of excellence in banking skills and knowledge.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for Exam which can be used before the final purchase for complete test.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the Exam cost.