Only around 10 per cent of corporate treasury professionals have a formal qualification that acknowledges their expertise. Their impact on the organisations they work in has increased over the years, and this development will not stop. HR and hiring managers in general do not have the in-depth knowledge required to assess staff when making hiring or development decisions. This is the basis for the development of the Treasurer Test.
The Treasurer Test is an assessment that measures the technical knowledge in treasury and the personality profile of the testee. The test score in the technical knowledge assessment is presented as an absolute, as well as being compared with the scores of a peer group with similar experience. The result of the Big Five personality assessment is benchmarked against a general population and with the population of other testees (treasurers) who have taken the test. The test can help the reader understand the treasury subjects in which the person tested excels, and those where (re)training might be considered. With the personality profile, the reader of the report will have a better understanding of the natural inclination of the testee towards particular personality traits. This knowledge can be useful in matching the right candidate with a treasury vacancy, in training planning or in team building.
By VU University Amsterdam, HU University of Applied Sciences Utrecht, the Netherlands. By clicking on the article below you can find information about everyone who helped developing the test.
Want to read more about the development of the test or about treasury in general? Click here to go to the treasuryXL website.