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  • Provider Coursera
  • Cost Free Online Course (Audit)
  • Session In progress
  • Language English
  • Certificate Paid Certificate Available
  • Effort 11 hours worth of material
  • Start Date
  • Duration 5 weeks long
  • Learn more about MOOCs

Taken this course? Share your experience with other students. Write review

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 for Coursera's FinTech Risk Management
4.3 Based on 7 reviews

  • 5 stars 57%
  • 4 stars 29%
  • 3 star 0%
  • 2 star 14%
  • 1 star 0%

Did you take this course? Share your experience with other students.

Write a review
  • 1
Anonymous
5.0 9 months ago
Anonymous completed this course.
The Course was exposing. It was also detailed as to the inherent risks within a FINTECH and how to manage same within the context of the firm's risk appetite.

My only suggestion is that, the final project is solely peer-graded. I think the professor should just take few minutes to review as well.

Overall, the course was great.
Was this review helpful to you? Yes
Anonymous
4.0 6 months ago
Anonymous completed this course.
This is generally good course on Fintech and FI, albeit on introductory basis; Week 4 on Risk Management is really low-tech, say backups are using tapes and CD, and in general is using dated materials. Otherwise, the course is nice intro and refresher on the area.
Was this review helpful to you? Yes
Anonymous
5.0 7 months ago
Anonymous is taking this course right now.
Overall a good introduction of risk management of finance industry with Fintech disruption and transformation. It gives a good insight on how banks and financial institutions to deal with changes and see FinTech and RegTech as opportunities.
Was this review helpful to you? Yes
Yvonne L
5.0 4 months ago
Yvonne completed this course.
This course gives high level idea as well as handy tips about risk management. I especially like about the business continuity plan / DR plan part. The content and idea helps my work a lot.
Was this review helpful to you? Yes
Anonymous
5.0 3 months ago
Anonymous completed this course.
This course is extereme useful. This not only broaden my knowledge about how fintech have brought, both challenges & innovation but also help me understand the revolution of fintech.
Was this review helpful to you? Yes
Anonymous
4.0 4 months ago
Anonymous completed this course.
thank you so much for this course. i really enjoyed the information that i gained from this course and also the simple way of explanation Fintech.

Was this review helpful to you? Yes
Anonymous
2.0 5 months ago
Anonymous is taking this course right now.
It is still at basic and bookish level.

More insights to be added.

The course should help the student to face his/her issues at work.
Was this review helpful to you? Yes
  • 1

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