On Operation Risks Of The Branch Bank From The View Of Centralized Authorization

With the continuous deepening of the computer and network technology in the financial field, as well as the integration of the world integration and financial technology, financial business innovation development by leaps and bounds, banks are faced with increasingly complex operational risks. As an important part of the overall risk management, operational risk management is increasingly subject to the attention of regulators and the bank itself. The China Banking Regulatory Commission had issued the notice of strengthening prevention efforts of operational risk management on March 22,2005, was also known in the industry as the CBRC 13 "regulatory downwards",required all financial institutions improve the information system for science and technology rapidly, raise the operational risk prevention ability through technical means, support all kinds of management information timely and accurately,in order to generating and providing a solid foundation for operation review and audit department audit. The People’s Bank of China also put forward the contents of safety management, system specification and technical prevention in strengthening information security management,in which the safety management and system specification is required to improve the technical ability to guarantee.The prevention and control of operational risk in bank industry, the most important and also the most worthy of attention, which can be controlled through their own efforts and be reduced to the lowest is the bank branch’s operational risk.In view of the above content, this paper which on the basis of a number of commercial banks’experience starts from the degree of operational risk control in basic branch, analysis authorization the operational risk of bank branch’s related concepts, classifications, causes, and the current preventive strategies taken by the main operational risk; based on authorization, to the postal savings bank of china as an example, analyzes the problems of operational risk prevention exist in the actual operation which under the traditional authorization, then lead to the use of centralized authorization to control the bank branch operation risk, and specify the technology of research and practice, so as to prevent and solve bank branches and outlets personnel chapter not to follow and prohibitions, prevent and dissolve the risk case, to standardize the operation, compliance operation, compliance management which lay a solid foundation for the bank branches operating sound and sustainable development.May 14,2007 the China Banking Regulatory Commission issued the "commercial banks operational risk management guidelines" third to define the operational risk:it refers to the risk of loss caused by imperfect or problematic internal procedures, personnel and information technology systems, as well as external events. From this definition, we can see that the key point of operational risk is:the internal operation of banks,the main outstanding performance for the bank and its employee as and not as, employee errors, employee negligence; two is not perfect or problematic internal procedures, mainly refers to the bank’s internal hardware and software system is not perfect; three is the information science and technology system is complete or not, whether to adapt to the development and control of the banking business, etc.;these three points reflect the operational risk to a large extent should focus on the operation of the technical measures, prevention measures and internal control technology.Bank outlets which in the forefront of the market competition are at the bottom of the bank branches, they are the cornerstones of banking business and expansion, the branch tellers are the main participants and implementer of the bank financial product marketing and customer service, also are the vanguard of the battle line. So the forefront of the bank operation risk prevention are commercial bank outlets and tellers risk prevention. Papers about measures and strategies adopted in this aspect are numerous,but papers from the field of technology and system, by the means of system and technology, comprehensively researched on the prevention of operation risk of outlets and tellers are rare. Based on the above ideas, this paper starting from the perspective of "combined prevention by both person and technology", taking centralized authorization for instance, analyses and researches on the preventive system and technology of outlets operation risk, to provide relatively complete materials about outlets operation risk prevention for the peer or people focused on the respect to referred to.This paper main work includes the following aspects:First of all, this paper introduces the background and the present situation of domestic and foreign research on the subject, and highlights the theme and innovation of this paper.Secondly, this paper introduces the related concepts, characteristics and distribution of bank branches operation risk, and lays special stress on analyzing its causes. To prevent the operation risk of the bank outlet, this paper takes the traditional centralized authorization problem as an example, analyzes the problems existing in the actual operation, and analyzes the causes of the problems.Thirdly, this paper puts forward the necessity of building outlets centralized authorization to prevent operational risk, analyzes and evaluates the purpose, business process, system architecture and application effect of outlets centralized authorization, and takes some typical cases to explain some key operational risks, and points out the the shortcomings and deficiencies of the current centralized authorization, and the measures from the respect of system and technology to complete and improve the current situation..Finally, the paper summarizes and prospects the bank outlet operation risk and the risk-preventive work.