Any person hired starting July 1, 2010 in an Investment Services Provider (ISP) in processing or marketing of financial products is required to validate their skills within six months after taking office, with the possibility to take the exam as many times as necessary within this interval.
Specifically, individuals who are:
- Portfolio managers.
- Back office seniors.
- RCCI / RCSI.
- Financial analysts.
- Financial instrument compensators.
You are exempt from this certification requirement (the ”grandfather” clause). However, all of your new colleagues hired since then date need to be certified, and thus, possess official recognition of their knowledge.
Although AMF certification relates only to people working with financial instruments, all employees of Investment Services Providers (banks, asset managers…) could be benefited by the addition of the AMF Certification in their curriculum to validate their knowledge and experience and even acquire new skills.