Trade and transaction banking Certificate in International Trade Risk (CITR)

Certificate in International Trade Risk (CITR)

International trade risk is a complex area of banking that requires specialist expertise. The Level 4 Certificate in International Trade Risk (CITR) has been designed to equip you with that expertise.

Through CITR you will gain the skills needed to assess the risks associated with financing trade, understand the intricacies of risk profiling within settlement methods, and develop strategies for trade risk mitigation. From credit and foreign exchange risk to KYC, international trade presents a wide array of different risks and trade professionals tasked with mitigating these risks need to be able to evaluate this complex landscape.

By the end of the CITR qualification, you will have developed the appropriate technical knowledge and skills to effectively address a wide array of risk-related scenarios. This qualification not only provides a foundational understanding of the terms, roles, responsibilities, and products that underpin international trade finance but also deepens your understanding of trade-specific risks.

While studying with us, you’ll become a Member of LIBF (MLIBF), receiving benefits including careers support and access to professional networking events.

Benefits for you

  • Use the CITR designation after your name when you have completed the qualification

  • Earn continued professional development (CPD) learning hours or personal development units (PDUs) towards a Certificate for Documentary Credit Specialists (CDCS), Certificate for Specialists in Demand Guarantees (CSDG) and Certificate in Supply Chain Finance (CSCF) recertification 

  • Take your exams at one of the selected Pearson VUE test centres and at a time that suits you

  • Get your exam results the same day

Key information


  • £695 for the full qualification

Study duration

  • You'll have 12 months from registration to complete the qualification

  • Everything is online, so you can study at a pace that suits you


  • Two units

Your studies will cover:

  • the different risks involved in financing international trade

  • methods, terminology and practices specific to international trade risk

  • evaluation and application of the risk profiles of different settlement methods

  • analysis and exploration of different options for risk mitigation

  • key risk areas to determine appropriate finance structures.

Entry requirements

To register for CITR, you will be required to successfully pass our free diagnostic assessment.

The diagnostic test:

  • evaluates your current knowledge

  • can be completed online in just 30 minutes

  • provides results immediately

  • offers personalised guidance on the most suitable learning pathway for you.

Please note, if you are a Certificate in International Trade and Finance (CITF) holder, you do not need to take the diagnostic assessment.

Take the diagnostic assessment

Your qualification at a glance


You can take exams at a test centre or at home with remote invigilation.

Your first exam is included in the registration fee for each module.

You'll receive a digital certificate once you have passed.


Registered with Ofqual in the Regulated Qualifications Framework (RQF)

Unit information

What study materials do I get?

As part of the registration fee you'll get access to:

  • a student-led discussion forum

  • unit syllabus

  • study texts

  • specimen paper

  • online access to our student portal MyLIBF

  • online access to our virtual library KnowledgeBank


CITR is assessed through a two-hour exam split into two sections:

  • Section A: 60 multiple-choice questions

  • Section B: eight case studies with five linked multiple-choice questions.

Your first exam is included in the registration fee. If you need to retake an exam a resit fee will be payable.

You can choose when to take your exam and pick from test centres nationwide or through remote invigilation.

Exam and assessment information


Registration is open all year round.

You can also call our Student and Customer Services team on +44 (0)1227 818609 or talk to them on live chat.

We offer bursaries to some students undertaking professional qualifications – find out if you're eligible.

Full qualification


price includes study materials and exam entry
Additional costs

Corporate bookings

If you are a company and want to register a cohort of students onto CITR please email trade@libf.ac.uk for further information.

Register your interest

International students registration

Students from Bangladesh, China, Indonesia and South Korea should contact a relevant country contact to register for CITR.

Contact us about our professional qualifications

If you have any questions about our professional qualifications in finance and banking, please contact our customer services team.

Our office is open Monday to Friday from 8.00am to 6.00pm GMT.