Ailor
Westfield Deputy Clerk and Clerk-Treasurer-elect Marla Ailor has earned the Certified Public Funds Investment Manager (CPFIM) Certification from the Association of Public Treasurers of the United States and Canada.
The nationally recognized CPFIM certification program is designed to give treasury professionals the confidence and knowledge to manage investments on their municipalities’ behalf better.
“Working for the Clerk-Treasurer has been a unique opportunity to take on new tasks that are helping me identify the skills necessary to advance my role as Westfield’s Clerk-Treasurer-Elect,” Ailor said. “The advantage of continuous learning in the workplace is generating new ideas and perspectives, which is very exciting for me.”
To earn the CPFIM certification, individuals must participate in a six-hour certification training and successfully pass a comprehensive exam on the following training objectives components: identifying and understanding investment options; how and where to buy investments; establishing internal controls and developing procedures; identifying and mitigating risk in the portfolio; quantifying and reporting safety measures; understanding liquidity needs and yield calculations; managing and forecasting investments; and, implementing and monitoring strategy.
The CPFIM is awarded to approximately 125 professionals annually. To maintain the certification, recipients must demonstrate continued investment training through a reapplication process every five years.
About APT US&C
APT US&C is a national organization formed in 1967. It was founded to support public treasury managers, financial officers, and private sector representatives with quality treasury management education and training, professional certifications, and peer networking opportunities to strengthen their commitment to public service. Additional information on APT US&C can be found at APTUSC.org.