A Study On Operational Risk Management Of Chinese Commercial Banks

Although, operational risk is a kind of burned risk of commercial banks, it is strange to all the Chinese commercial banks. For very long a time, the knowledge, management and control is very limited. All those works are focus on traditional counter control, internal management, inter control, and so on. The aims of all these measures are insure the safety of payment and clearing funds.In 2005, CBRC promulgated the motion of strengthen the work of anti-operational risk; the motion became a basic criterion for the whole banking Industry. But it is only a measure for several specific operational cases, not an instruction for real operational risk management. It is too simple, too restricted, to be a generalized operational risk control rules. In short, it consist only a very limited part of operational risk management and a provisional measures.With the information from public media and internal data of some commercial banks, the status quo and the characteristic of Chinese banks operational risk are analysis. Also the reason why the operational risk of a Chinese commercial is different a lot from western banks is discussed from the respect of notion, system, instruments and etc. With the experience and lessons of western banks, taking the rules of BASLE committee and CBRC into consideration, the four parts of operational risk management, such as recognition, evaluation, measurement and control, are investigated deeply. The conception and classification of Chinese commercial banks operational banks are suggested. Series methods of managements are proposed.In this paper, many mathematic and econometric method are used, some of them are statistical analysis, regressive analysis, etc. Inventive, systematic, markets oriented and suitable for market supervision are the overall characteristic of the thesis.