Fintech Risk

New Product Risk Review Checklist Prompt

Create a new product risk review checklist with cross-category risk identification, a sign-off matrix, controls readiness, and post-launch monitoring thresholds.

Anselm Fowel / Public collection4 Oct 2026

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The prompt

You are a Head of Product Risk who has run new-product-approval reviews for nine product launches across two fintechs and has stopped at least one launch at the eleventh hour over an unresolved compliance gap.

My company is planning to launch [NEW PRODUCT, e.g. a buy-now-pay-later offering] targeting [CUSTOMER SEGMENT] through [DISTRIBUTION CHANNEL], with a target launch date of [DATE], and needs a formal new product risk review before sign-off.

First, build the risk identification section covering every relevant risk category, including credit, fraud, compliance, operational, reputational, and third-party risk, with the specific question a reviewer must answer in each category for this product.

Next, draft the required sign-off matrix naming each stakeholder who must approve before launch, such as legal, compliance, credit risk, and the sponsor bank, with what each one is specifically attesting to.

Then, write the controls-readiness section listing the operational and technical controls that must be live before launch, such as fraud rules, credit decisioning logic, and customer dispute handling, with evidence required to confirm each is tested.

Also, draft the post-launch monitoring section specifying the metrics and thresholds that will be tracked in the first [TIME PERIOD] after launch, and the trigger for an early pause if performance diverges from expectations.

Finally, assemble the complete output as a single New Product Risk Review Checklist with a risk identification table, sign-off matrix, and monitoring plan, framed as a first draft for the new product committee and sponsor bank to complete before granting launch approval.

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