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The Hong Kong University of Science and Technology

FinTech Risk Management

The Hong Kong University of Science and Technology via Coursera

Overview

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.

Syllabus

  • Compliance with financial requirements & government regulations
    • 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.
  • FinTech Compliance with corporate governance: Objectives, guidelines,& policy
    • 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.
  • IT Compliance & Assurance Part 1
    • 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.
  • IT Compliance & Assurance Part 2
    • 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.
  • Peer-graded Final Project
    • 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.

Taught by

Garvin Percy DIAS and Theodore Henry King CLARK

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Reviews

4.6 rating, based on 60 reviews

Start your review of FinTech Risk Management

  • SUPRATIM MUKHERJEE

    SUPRATIM MUKHERJEE is taking this course right now.

    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...
  • Anonymous
    I really like this online FinTech risk management because I discovered many things that I ignored before, now I have gotten some knowledge, I know now that in every plan we do there risks, we can’t eliminate risk in our life but we can prevent and a part of the skills I’ve received I will also get the certificate that will helpful, with that certificate I get a national service, I can also apply for the job
  • Anonymous
    I learnt the different types of risks and understood why operational risk and business risks are becoming more important to FinTech firms. The second, third and fourth derivatives for different types of risks were explained and compared. Techniques and tools for risks analysis and internal controls are also described.
  • Anonymous
    I learnt the financial perspective of FinTech compliance and insurance. Failure to comply with regulations can result in large fines as well as business failures. However, financial compliance is only one part of risk FinTech firms
  • Anonymous
    I think that's a great couse. Allowing me to open up the world I got a lot of knowledge in this couse. thanks
  • Anonymous
    The course content was excellent and of great academic and professional value addition. I was able to understand the following topics in the course: 1. The nature of FinTech and how different it is from traditional financial Institutions 2. The various...
  • Rhona Nyamwiza
    The course well elaborates the financial services in FinTech markets, a competitive area to the banking world.. It tackles the area of technology in the financial world, which currently is overtaking the financial market.

    Ways of managing risks, and system related issues have been addressed in this course, which gives a clear background knowledge.

    The tutors provide an easy and under stable explanatory notes, and guidelines which are more elaborative.

    The quizzes at the end of each module, are a form of assessing knowledge recap, which is key in learning.
  • Anonymous
    Well, I strongly believe that the Course named FinTech Risk Management is very important and helpful especially for those working in very big companies. I recommend the course to any one with interest in avoiding or even mitigate a risk related to Financial Tech. I am very happy for have done it successfully and I can feel it improving my knowledge in the area I’m working in and since I started learning it, I started doing things very differently and even my supervisors are very happy with me. I hope it brings many changes to the company and to me as a person.
  • Anonymous
    Course gives an overview of the risk elements involved in the Fintech industry and limits to not only the fintech risk elements but extends to risk elements for the participating banks that partner with such Fintech firms. Course is good as far as one is looking for a high level understanding of risk elements involved, however when it comes to in depth knowledge of this domain the course is limited by scope.

    Overall the course the well structured for any one to get a good overview of the risk elements involved.
  • Anonymous

    Anonymous completed this course.

    The course is informational and planned in a structured way. It could use some more elaboration and current industry standards in depth.
    The last module where we have to submit 2 papers, needs to be reviewed by 2 other peers, and this is where am stuck. Unfortunately, i believe there are no other candidates taking this course and hence my paper is not being evaluated and instead of completed the course well within the time frame, the timeline is automatically pushed forward. And also my certificate is stuck.
    this issue needs to be resolved.
  • Anonymous
    I have learned so many facts and strategies regarding fintech risk management.

    Thank you very much to all my professors.
  • Anonymous
    This course provides a set of tools and techniques to develop leadership skills in work, I recomend it 200%
  • Anonymous

    Anonymous completed this course.

    Good course.
    But the last module where we have to submit two papers, needs to be reviewed by 2 others, and this is where i am stucked. There are no other candidates reviewing my project and hence my paper is not being evaluated and final project is not approved. And also i am not able to get certificate. This issue should be resolved.
  • Anonymous
    Fin Tech has been an interesting course for me. Very clear videos made it easy to understood the lesson and made it also quite enjoyable. The quizzes were a great way to recap on the lesson done previously to help me understand the better and remember what I learnt.
  • Anonymous
    Great course and easy to understand with brilliant examples provided. It provides a foundational overview for someone who has not done risk management before and helps strengthen the understanding of those who are familiar with risk management.
  • Anonymous
    This course has been an eye opener for me. It has enhanced my knowledge and understanding risk management in a deeper level. I truly enjoyed the course and would recommend it for people who wants to improve their skills in this area.
  • Anonymous
    The course has really given me much insight into FinTech risk and risk management in general. Especially learning about the Data breach internal controls. I would definitely refer this program to friends and colleagues.
  • Profile image for Mujeeb Pathan
    Mujeeb Pathan
    It is a very good course specially for bankers. The videos and the course materials are very informative and are been presented in a very simple manner.
  • Anonymous
    Excellent course in order to be updated in the FinTech wrold. I enjoyed a lot and give a deep understanding of risk and challenges of the industry.
  • Anonymous
    Good course ! Good course ! Good course ! Good course ! Good course ! Good course ! Good course ! Good course !

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