CICM receives approval on extended Apprenticeship Assessment Organisation status.
The Chartered Institute of Credit Management (CICM) has been approved by the Skills Funding Agency as an Apprenticeship Assessment Organisation (AAO) for the Industry’s new Level 3 Trailblazer Apprenticeships.
The world’s largest recognised body for credit professionals already acts as an AAO for the industry’s Level 2 Apprenticeships, and the announcement is an extension of the CICM’s existing approval/status. As such, it will offer the End Point Assessment (EPA) to the higher-level apprenticeships.
Dr Debbie Tuckwood, Head of Education and Professional Development at the CICM, says it demonstrates the prominence and significance the CICM places on apprentices: “These apprenticeships are perfect for training new and young talent as well as up-skilling current teams to provide a clear route of development and career progression for all.
“Funding is available regardless of age and high-quality training is led by industry experts,” she says.
Those that pass their Level 3 (or equivalent) qualifications through the CICM will also be awarded with ACICM, Associate Membership of the Chartered Institute, and will have the opportunity to gain its professional qualifications to further build technical knowledge.
The CICM has been integral to the development of the new style credit management apprenticeships both for Credit Controllers/Collectors and Advanced Credit Controllers/Debt Collection Specialists. It has worked closely with the Credit Services Association (CSA) to ensure new apprentices develop the technical knowledge, skills and behaviours required for the demanding roles. Successful CSA Level 3 apprentices are also eligible for CICM Associate member status.
For more information about the apprenticeships available for credit and collections teams and how to get involved, visit the CICM’s website.