FinTech Risk Management

Ends in 3 days! Save 40% on your access to 10,000+ programs and make a real impact in your career. Save now.

The Hong Kong University of Science and Technology

FinTech Risk Management

This course is part of FinTech: Finance Industry Transformation and Regulation Specialization

Instructors: Garvin Percy DIAS

17,473 already enrolled

Included with Learn more

Ask Coursera

5 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

No prior experience required

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

No prior experience required

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

5 assignments¹

AI Graded see disclaimer

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the FinTech: Finance Industry Transformation and Regulation Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

This course “FinTech Risk Management” help you understand risk management and corporate governance in finance industry with the disruption by FinTech and RegTech. You will become more confident to analyse and make recommendations to develop business strategies balancing the risks in operation, reputation and the stability of finance firms.

You will learn about new challenges of compliance with financial requirements and government regulations and how you can deal with these changes, strategies in analysing FinTech risk and how operation risks increase in finance industry in this changing environment. As tech firms are now becoming more like finance firms such as Alibaba, Apple, and Tencent etc., you will learn about the importance of IT compliance and assurance and practical skills in dealing with these changes.

In this module, we will focus on the financial perspective of FinTech compliance and assurance. Failure to comply with regulations can result in large fines as well as business failures. However, financial compliance is only one part of risk management for FinTech firms.

What's included

9 videos2 readings1 assignment2 discussion prompts

9 videosTotal 99 minutes

1.1 Course & Week 1 Overview9 minutes
1.2 Finance Regulation & Compliance: Foundations & History (Part 1)12 minutes
1.3 Finance Regulation & Compliance: Foundations & History (Part 2)20 minutes
1.4 Financial Compliance Challenges11 minutes
1.5 Risks & Opportunities of Avoiding or Bypassing Regulations10 minutes
1.6 Compliance regarding Crypto and ICOs11 minutes
1.7 Security, Monitoring Compliance & Data Protection Policies11 minutes
1.8 Compliance to Tax & Control11 minutes
1.9 Week 1 Summary5 minutes

2 readingsTotal 20 minutes

Course Outline10 minutes
Assignments & Grading10 minutes

1 assignmentTotal 20 minutes

Week 1 Quiz20 minutes

2 discussion promptsTotal 20 minutes

Meet, Greet & Buddy up!10 minutes
Tax, control, and protect: which is more important?10 minutes

In this module, we examine different types of risks and explain why operational risks and business risks are becoming more important to FinTech firms. The second, third and fourth derivatives for different types of risks are explained and compared. Techniques and tools for risk analysis and internal controls are also described.

What's included

11 videos1 reading2 assignments1 discussion prompt

11 videosTotal 106 minutes

2.1 Week 2 Overview4 minutes
2.2 Introduction to FinTech Risks11 minutes
2.3 FinTech Operational Risk Examples11 minutes
2.4 Strategy for Implementing Corporate Governance to FinTech Risks Part 110 minutes
2.5 Strategy for Implementing Corporate Governance to FinTech Risks Part 210 minutes
2.6 Risk Management & Fraud Avoidance11 minutes
2.7 Introduction to Risk Analysis9 minutes
2.8 Risk Management Process I9 minutes
2.9 Risk Management Process II10 minutes
2.10 Internal Controls12 minutes
2.11 Week 2 summary10 minutes

1 readingTotal 10 minutes

Risk Assessment Template10 minutes

2 assignmentsTotal 50 minutes

Week 2 Quiz20 minutes
Practical exercise: Data breach internal controls30 minutes

1 discussion promptTotal 10 minutes

Why are business and operational risks increasing?10 minutes

In this module, learners will gain a overall IT perspective of business application development and compliance in this area. We will examine 3 different system changeover methods when implementing new system & replacing the old system and the comparison. Also we will look into the risks associate with new system development and compliance of change management process.

What's included

10 videos1 assignment1 discussion prompt

10 videosTotal 95 minutes

3.1 Week 3 Overview7 minutes
3.2 Business Application Development I10 minutes
3.3 Business Application Development II9 minutes
3.4 Implementation & Review10 minutes
3.5 Risks Associate with Business Application Development10 minutes
3.6 Information System Maintenance Practices10 minutes
3.7 Change Management Process I10 minutes
3.8 Change Management Process II8 minutes
3.9 Emergency Changes10 minutes
3.10 Week 3 Summary10 minutes

1 assignmentTotal 20 minutes

Week 3 Quiz20 minutes

1 discussion promptTotal 10 minutes

What are the risks associate with FinTech applications development?10 minutes

In this module, learners will gain an overall picture of business continuity plan and disaster recovery plan. It's essential to plan ahead before something bad happen to the systems (e.g. Data breach or cyber hacking) We will discuss the process of creating a business continuity plan for an organisation and the strategies in data back up and restoration policy.

What's included

11 videos1 assignment

11 videosTotal 107 minutes

4.1 Week 4 Overview7 minutes
4.2 Business Continuity Plan and Disaster Recovery10 minutes
4.3 Business Continuity Plan Step 1-29 minutes
4.4 Business Continuity Plan Step 212 minutes
4.5 Process of Business Impact Analysis7 minutes
4.6 Business Continuity Plan Step 3 Part 111 minutes
4.7 Business Continuity Plan Step 3 Part 210 minutes
4.8 Business Continuity Plan Step 411 minutes
4.9 Business Continuity Plan Step 5-710 minutes
4.10 Data Backup & Restoration Policy9 minutes
4.11 Week 4 Summary11 minutes

1 assignmentTotal 20 minutes

Week 4 Quiz20 minutes

In this module, learners will complete a final project for the course involving research on how FinTech creates new sources of risks & challenges to large existing financial institutions and develop business strategies balancing the risks in operation, reputation and the stability of those firms.

What's included

1 reading1 peer review1 discussion prompt

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructors

Garvin Percy DIAS

The Hong Kong University of Science and Technology

4 Courses131,196 learners

Theodore Henry King CLARK

The Hong Kong University of Science and Technology

10 Courses94,825 learners

Offered by

The Hong Kong University of Science and Technology

Explore more from Business Essentials

Status: Free Trial
The Hong Kong University of Science and Technology
FinTech Security and Regulation (RegTech)
Course
Status: Free Trial
EDUCBA
Modern Financial Markets & Risk Management
Course
Status: Free Trial
The Hong Kong University of Science and Technology
FinTech: Finance Industry Transformation and Regulation
Specialization
Status: Free Trial
University of Cape Town
Financial Regulation in Emerging Markets and the Rise of Fintech Companies
Course

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.