The explosive growth of peer-to-peer (P2P) lending has revolutionized the financial services landscape, offering a new frontier for investment and credit access. However, this fintech innovation comes with a unique set of risks that traditional financial governance models are not equipped to handle. The disintermediated nature of P2P platforms, reliance on algorithms for credit decisions, and the diversity of both borrowers and investors create new challenges in managing credit, operational, and reputational risks. Robust and forward-thinking risk governance is therefore not just a regulatory requirement, but a strategic imperative for long-term sustainability and trust in this digital ecosystem.

This training program is meticulously designed to equip professionals with the specialized knowledge and practical skills required to build and maintain an effective risk governance framework for P2P lending platforms. Through a comprehensive curriculum, you will learn how to leverage data for transparent decision-making, implement advanced fraud detection mechanisms, and navigate the complex regulatory environment. The course will empower you to not only protect your platform and its users but also to foster the confidence necessary to drive continued growth and innovation in the digital finance space.

Duration: 10 days

Target Audience:

• Risk Managers and Analysts at P2P lending platforms
• Compliance Officers and Internal Auditors
• Data Scientists and Analysts in the fintech sector
• Senior Management and Board Members of P2P platforms
• Professionals from regulatory bodies and government agencies
• Investors and analysts of digital lending platforms
• Fintech Entrepreneurs and Product Managers
• Consultants specializing in financial services technology

Objectives:

• Understand the unique risk dimensions of the P2P lending model
• Learn to design and implement a comprehensive risk governance framework
• Master the use of alternative data for credit scoring
• Gain proficiency in building and validating algorithmic models
• Understand and mitigate platform-specific operational and cybersecurity risks
• Learn to identify and prevent fraudulent activities
• Navigate the global regulatory landscape for P2P lending
• Develop skills in managing and communicating risk to stakeholders
• Prepare for future risks and emerging technologies
• Implement a continuous risk monitoring and reporting system

Course Modules:

Module 1: P2P Lending Fundamentals and Risk Overview

• The evolution and models of P2P lending
• Key stakeholders and their risk exposures
• The unique role of technology in risk creation and mitigation
• The difference between P2P and traditional lending risks
• The importance of a holistic risk view

Module 2: Credit Risk Governance

• The principles of credit risk for P2P platforms
• Managing borrower selection and eligibility criteria
• The use of alternative data points for risk assessment
• The role of a transparent credit policy
• The importance of a robust credit committee

Module 3: Algorithmic and Model Risk Management

• The importance of model governance
• The risks of algorithmic bias and unfairness
• The process of model validation and back-testing
• The role of explainability in machine learning models
• The challenges of managing a portfolio of models

Module 4: Fraud Detection and Prevention

• Common types of fraud in P2P lending (e.g., identity theft, synthetic IDs)
• The importance of a multi-layered fraud detection system
• The use of behavioral analytics and network analysis
• The role of an anti-fraud policy
• The importance of a continuous monitoring program

Module 5: Operational and Platform Risk

• The unique operational risks of a technology platform
• The importance of a secure platform architecture
• The risks of data breaches and cyberattacks
• The role of business continuity and disaster recovery plans
• The importance of third-party vendor risk management

Module 6: Regulatory and Compliance Governance

• Key regulatory frameworks (e.g., GDPR, consumer protection laws)
• The challenges of a global regulatory landscape
• The role of a compliance officer
• The importance of a clear and transparent disclosure
• The use of regulatory technology (RegTech)

Module 7: Investor Risk Management and Reporting

• The importance of investor education and transparency
• The risks of portfolio concentration for investors
• The use of a clear risk-adjusted return metric
• The importance of a robust reporting framework
• The challenges of communicating with a diverse investor base

Module 8: Liquidity and Market Risk

• The importance of secondary market liquidity
• The risks of a market downturn
• The role of a robust liquidity management plan
• The importance of a clear and fair pricing mechanism
• The challenges of managing investor redemptions

Module 9: Reputation and Conduct Risk

• The importance of platform trust and integrity
• The risks of unfair practices and misleading information
• The role of a clear and fair complaints process
• The importance of ethical marketing and advertising
• The challenges of managing public perception

Module 10: Legal and Privacy Risk

• The importance of a strong legal framework
• The risks of data privacy violations
• The role of a data protection officer
• The importance of a clear and comprehensive privacy policy
• The challenges of cross-border data transfers

Module 11: Portfolio and Concentration Risk Analysis

• The importance of portfolio diversification
• The risks of over-concentration in a specific sector or geography
• The use of portfolio stress testing
• The role of a concentration limit
• The importance of a continuous monitoring of portfolio metrics

Module 12: Internal Controls and Audit

• The importance of a strong internal control environment
• The role of a risk-based audit plan
• The use of automated controls and checks
• The importance of a clear audit trail
• The challenges of auditing a digital platform

Module 13: Stress Testing and Scenario Analysis

• The importance of stress testing
• The use of hypothetical and historical scenarios
• The role of a reverse stress test
• The importance of a clear and actionable result
• The challenges of communicating stress test results to stakeholders

Module 14: Case Studies and Best Practices

• A deep dive into successful P2P risk governance frameworks
• The challenges of a real-world implementation
• The importance of a strong risk culture
• The role of a cross-functional risk committee
• Lessons learned from the field

Module 15: Capstone Project and Future Trends

• A hands-on project to build a risk governance framework
• The role of new technologies (e.g., AI, blockchain)
• The future of P2P lending and digital trust
• The importance of continuous learning and adaptation
• A final discussion on remaining challenges and opportunities

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 10 working days before commencement of the training.