Advanced Certificate in Fintech and the Future of Finance Module 4: Balancing Act – Risk Management and Regulatory Compliance in Fintech

Analytics & Tech
Artificial Intelligence
Finance & Investment

Next Intake: 15 Jan 2025 (Wed)

Basic
SkillsFuture
Short Courses
This module is part of Advanced Certificate in Fintech and the Future of Finance

This module is conducted online.

Next course starts on

15 Jan 2025 (Wed) See Full Schedule

Fee

SGD3,270* (as low as SGD381 after maximum funding) Learn More

Duration

3 days
Weekdays (9am - 5pm)

Level

Basic

Who Should Attend

Fintech Entrepreneurs/Startup Founders
Financial Analysts and Consultants
Technology Specialists
Banking and Financial Services Professionals
Regulatory Professionals
Risk Managers and Compliance Officers
Investment Professionals
Academics and Researchers
Career Transitioners

PREREQUISITES

Participants should have a basic understanding of financial and economic concepts.
A basic understanding of technology, including familiarity with computer systems and software applications, is beneficial.
Knowledge of data analysis, programming, or software development, while not mandatory, could enhance the learning experience.
Some professional experience, particularly in roles related to finance, technology, entrepreneurship, or regulation, can enrich the participant's understanding of course content.
Motivated fresh graduates or students with a keen interest in Fintech are also welcome.

Overview

In the dynamic landscape of Fintech, navigating risk management strategies and understanding regulatory considerations are crucial for any player.

This module allows participants to explore the crucial intersection between Fintech and risk management, with a focus on understanding the opportunities and challenges posed by Fintech innovations in various risk domains. They will be exposed to the technologies and strategies employed to mitigate risks and will gain insights into the importance of regulatory compliance and cybersecurity for Fintech companies.

The course also focuses on the complexity of regulatory and legal aspects of Fintech. Participants will gain an in-depth understanding of the regulatory landscape and considerations specific to various Fintech sectors. The course will also address the unique legal challenges associated with Fintech innovations and will shed light on the international regulatory challenges and the ongoing efforts to harmonize regulations in the global Fintech ecosystem.

Learning Objectives

At the end of the 3-day module, participants will be able to:

Understand the intersection of Fintech with risk management in the financial industry, exploring both the opportunities and challenges it presents
Gain insights into the technologies and strategies employed in the Fintech industry to mitigate various forms of risks
Recognise the importance of regulatory compliance and cybersecurity in the Fintech industry and the measures employed to ensure them
Develop a comprehensive understanding of the regulatory landscape and the considerations specific to various Fintech sectors
Identify the legal challenges associated with Fintech innovations and understand how they are addressed
Discuss international regulatory challenges in the Fintech industry and the ongoing efforts to harmonise regulations in the global Fintech ecosystem

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$981

(After SSG Funding 70%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$981

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$381

(After SSG Funding 70%
+ MCES Funding 20%)

$381

(After SSG Funding 70%
+ ETSS Funding 20%)

$381

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$3,270

(No Funding)

$3,270

(No Funding)

$3,270

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll