Assess Partnership Risk for WellsTrade's Instant Payments Launch
Overview
What this challenge is about.
Score operational, security, and compliance risks for a fintech partnership, then propose mitigations and a go/no-go recommendation. Earn a verifiable certificate.
The scenario
WellsTrade is a top-10 US retail bank under pressure from customers and competitors to support real-time payments, and it sees a partnership with the payments startup PayFlow as the fastest route to market. The bank's risk committee will not approve any third-party arrangement until the operational and reputational risks have been measured against its published risk appetite.
The Brief
What you'll do, and what you'll demonstrate.
Which risks of partnering with PayFlow fall outside WellsTrade's risk appetite, and what safeguards would bring them within tolerance without killing the deal?
Earning criteria — what you'll demonstrate
- Conduct structured third-party due diligence on a fintech partner across technology, compliance, and financial health
- Quantify risks by combining qualitative findings with operational data and a defined likelihood-and-impact scoring method
- Evaluate findings against a stated organizational risk appetite to separate acceptable from unacceptable exposure
- Design enforceable, contract-ready mitigations including monitoring triggers and exit clauses
- Communicate a balanced, decision-ready recommendation to a senior risk committee
Program Fit
Where this fits in your program.
Sharpens the same skills your degree expects you to demonstrate.
Aligned coursework coming soon.
Skills
Skills you'll demonstrate.
Each one shows up on your verified credential.
- Operational Risk
Apply operational risk to solve real industry problems and demonstrate production-level capability.
- Vendor Risk
Apply vendor risk to solve real industry problems and demonstrate production-level capability.
- Cybersecurity
Identify vulnerabilities, assess threats, and implement security best practices.
- Regulatory Compliance
Apply regulatory compliance to solve real industry problems and demonstrate production-level capability.
- Due Diligence
Apply due diligence to solve real industry problems and demonstrate production-level capability.
- Risk Mitigation
Apply risk mitigation to solve real industry problems and demonstrate production-level capability.
Careers
Career paths this challenge builds toward
Completing this challenge demonstrates skills that transfer directly to these roles:
Third-Party Risk Manager
Banks and large enterprises hire third-party risk managers to vet and monitor vendors before and during partnerships. This challenge mirrors that work end to end: scoping a partner review, scoring exposure against policy, and recommending contractual controls.
This challenge sharpens
- vendor-risk
- due-diligence
- risk-mitigation
Operational Risk Analyst
Operational risk analysts quantify how process, technology, and external partners could cause losses. By turning a partner's operational metrics into scored, appetite-tested exposure, you practice the core analytical loop this role runs every day.
This challenge sharpens
- operational-risk
- cybersecurity
- risk-mitigation
Fintech Compliance Officer
Compliance officers at banks and fintechs assess whether a partner's Know Your Customer and Anti-Money Laundering programs meet regulatory expectations. This challenge builds that judgment by having you evaluate a partner's compliance posture and design enforceable safeguards.
This challenge sharpens
- regulatory-compliance
- due-diligence
- vendor-risk