Ce n'est pas un problème.
Here's a breakdown:
* Ce = This (subject pronoun)
* n'est pas = is not
* un = a
* problème = problem
You can also use these phrases, depending on the context:
* Pas de problème. (No problem) - This is more informal.
* Il n'y a pas de problème. (There is no problem) - This is a bit more formal.
* Aucun problème. (No problem at all) - This is even more informal.
Let me know if you'd like to know more about using these phrases!