 |
The National Association of Mortgage Brokers (NAMB) describes itself as the "only national trade association representing the mortgage broker industry in the United States." It has a membership of 27,000 and was founded in 1973. The organization states on its website that "NAMB members subscribe to a code of ethics and best lending practices that foster integrity, professionalism and confidentiality when working with consumers." Headquarters are in Washington, DC. [1]
There are three levels of official NAMB Certification: Certified Mortgage Consultant (CMC), Certified Residential Mortgage Specialist (CRMS) and General Mortgage Associate (GMA). NAMB certified mortgage professionals pledge to adhere to a strict code of ethics and best business practices, and they have proven their skill by meeting tough eligibility requirements and passing a rigorous exam. As the economy and the mortgage industry change, NAMB certified mortgage professionals maintain their industry expertise by satisfying NAMB's continuing education requirements.
The CMC designation is NAMB's most advanced certification. It requires at least five years industry experience as well as superior knowledge of residential and commercial financing. Candidates must pass a background check as well as a 200 question exam.
The CRMS designation requires at least two years industry experience and superior knowledge of residential financing.
The GMA designation requires proven knowledge of residential financing.
A stockbroker, share holderregistered representative, trading representative, or more broadly, an investment broker, investment adviser, financial adviser, wealth manager, or investment professional is a regulated broker, broker-dealer, or registered investment adviser who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks and other investments to financial market participants in return for a commission, markup, or fee, which could be based on a flat rate, percentage of assets, or hourly rate. The term also refers to financial companies, offering such services.
Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world. It is generally equivalent to the title of chartered accountant in other English-speaking countries. In the United States, the CPA is a license to provide accounting services to the public. It is awarded by each of the 50 states for practice in that state. Additionally, all states except Hawaii have passed mobility laws to allow CPAs from other states to practice in their state. State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting related experience.
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics. There are many professional bodies globally that have management accounting professional qualifications. The main bodies that offer the CMA certification are:
Regulation and licensure in engineering is established by various jurisdictions of the world to encourage public welfare, safety, well-being and other interests of the general public and to define the licensure process through which an engineer becomes authorized to practice engineering and/or provide engineering professional services to the public.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.4 million members, including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organisation holds a U.S. trademark over the term "realtor", limiting the use of the term to its members. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Software engineering professionalism is a movement to make software engineering a profession, with aspects such as degree and certification programs, professional associations, professional ethics, and government licensing. The field is a licensed discipline in Texas in the United States, Engineers Australia(Course Accreditation since 2001, not Licensing), and many provinces in Canada.
The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute to investment and financial professionals.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need of real estate to be cared for and monitored, with accountability for and attention its useful life and condition considered. This is much akin to the role of management in any business.
The Institute of Management Accountants (IMA) is a professional organization of accountants.
The American Institute of Certified Planners (AICP) is the American Planning Association's professional institute. AICP certifies professionals in the United States in the field of urban planning and assists planners in the areas of ethics, professional development, planning education, and the standards of planning practice. Members of AICP pledge to adhere to a detailed Code of Ethics and Professional Conduct. Once certified, professional planners may place the designation "AICP" after their name to indicate their membership in AICP, and their mastery of the principles, skills, knowledge, and experience determined by the organization as essential for a professional planner.
The Certified Financial Planner (CFP) designation is a professional certification mark for financial planners conferred by the Certified Financial Planner Board of Standards in the United States, and by 25 other organizations affiliated with Financial Planning Standards Board (FPSB), the owner of the CFP mark outside of the United States. The certification is not a government designation, nor an accredited degree, and is owned by the for profit Kaplan Corporation in the United States.
The Certified Fraud Examiner (CFE) is a credential awarded by the Association of Certified Fraud Examiners (ACFE). The ACFE association is a provider of anti-fraud training and education.
Certified Engineering Technologist is a Canadian professional title awarded on the basis of academic qualification and work experience. Abbreviated as C.E.T., most Canadian provincial engineering and applied science technology associations offer this certification. Certification is voluntary and does not represent a provincial regulatory requirement or a statutory required license.
In the United States certified mortgage planner is a designation for the purpose of establishing a new professional category in the mortgage sector: one that arose as a response to criticisms of the mortgage banking industry. The term "mortgage planner" has been adopted as a generic niche term for mortgage originators who choose to assist borrowers on a more personal level by incorporating the mortgage decision with a borrowers short and long-term financial objectives. The term "certified mortgage planner" is an effort to validate through education and subsequent certification a mortgage originator that has had specific training for the purpose of incorporating the mortgage decision with a Borrowers short and long-term financial objectives.
Following is a partial list of professional certifications in financial services, with an overview of the educational and continuing requirements for each; see Professional certification § Accountancy, auditing and finance and Category:Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years, the number of available designations has grown, and, correspondingly, some will have more recognition than others. Note that in the US, many state securities and insurance regulators do not allow financial professionals to use a designation — in particular a "senior" designation — unless it has been accredited by either the American National Standards Institute or the National Commission for Certifying Agencies.
In the United States, Certified Insurance Counselor (CIC) is an insurance agent professional certification designation. The CIC certification program was started by the National Alliance for Insurance Education & Research in Austin, Texas in 1969. Some CIC courses can be used to fulfill state continuing education requirements for licensing as an insurance agent.
In the United States a Certified Mortgage Consultant is the most advanced designation for mortgage professionals who are members of the National Association of Mortgage Brokers.
The Certified Professional Organizer (CPO) designation is an experience and exam-based certification for professionals who have met specific minimum standards, and proven through examination and client interaction that they possess the requisite body of knowledge and experience.
A certified paralegal or certified legal assistant is the title of paralegals in the United States who have met certain education and work experience requirements and have passed one of a number of available certification exams. The primary function of paralegals is to assist attorneys in the delivery of legal services. According to the American Bar Association: "A legal assistant or paralegal is a person, qualified by education, training and/or work experience who is employed or retained by a lawyer, law office, corporation, governmental agency or other entity and who performs specifically delegated substantive legal work for which a lawyer is responsible." Because certification programs are voluntary in most states, a paralegal may find work in the field without obtaining certification. Additionally, requirements for certification may vary by state.
The Professional Risk Managers' International Association (PRMIA) is a non-profit, member-driven professional organization that focuses on the development and education of the risk management profession. Its membership provides a network of risk professionals working to set standards for the global risk profession. PRMIA offers the Professional Risk Manager designation and several other certification programs for professional certification purposes.