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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

Reviews

4.6 rating, based on 79 Class Central reviews

4.7 rating at Coursera based on 163 ratings

Start your review of FinTech Risk Management

  • Anonymous
    Thank you for the valuable information, as I benefited from several aspects, such as the new risks and challenges resulting from the use of financial technology, mitigating strategies for sources of risks and judging them, procedures for changing systems and modern ways of working, and the most important risks in the traditional environment and the modern environment.
  • Anonymous
    This course is very helpful for me. I like all the cources associated with Risk in finacial services. Thats why i select this course. It is a nice experience for me. I completed my quiz sessions and assignment sessions very well. I realy give 5 stars. Risk asscoiated with technology is very dangerous one. therefore it needs special care and control.
  • Cletus Okibe Ogah
    Just as if you were in class in person with the professor.

    Excellent delivery and interactive experience.

    However, the number of peer to peer reviews is 3 and too much and should have been limited to 2 only.

    I have been waiting to review outstanding projects for almost all courses with no submissions over weeks now.
  • 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
    It is very informative session on FinTech Risk Management. Easy to understand the concept. I would recommend this course who want explore more about risk and IT-compliance.

    Thank you!
  • Anonymous
    Very well explained about the topics in a very detailed manner. Easily understandable. Now got an idea about, what is FinTech Risk Management and what all is covered under it.
  • 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
    Very detailed. This course was well put together. I strongly recommend this course for individuals with a strong interest in FinTech.
  • Hafdallh Ahmed Nasser Alnhmi
    A beautiful and wonderful course that added a lot of knowledge and skills to us, and it was greatly benefited
  • 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
    This course provides a set of tools and techniques to develop leadership skills in work, I recomend it 200%
  • 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

    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

    Anonymous is taking this course right now.

    The course provides a very good a risk management perspective that is focused on FinTech. I was able to learn more on FinTech and leverage my knowledge on business continuity management.
  • 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...
  • Anonymous

    Anonymous is taking this course right now.

    Great course the last 2 sections especially the one on BCP is really wonderful and helped us to understand things in a detailed manner
  • Anonymous
    I have learned so many facts and strategies regarding fintech risk management.

    Thank you very much to all my professors.
  • Anonymous
    It is nice course if you are looking for Information System Risk threats and opportunities within FinTech compliance, risk management, and business plan. Failure to comply with regulations can result to mitigate risks as well as business failure risk.
  • Jemi Lam
    Good perspectives provide by the Profession on the trending of fintech; this course help "decode" the buzz words of "fintech" and unpeel the relevant concerns and development opportunities!
  • 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.

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