| Operational risk has become the emphasis of bank risk management. As a completely new capital framework, one of the greatest innovations to the New Basel Capital Accord is to bring the operational risk into the risk management framework for minimum capital supervision, which has manifested the newest idea of supervising and the newest achievement of risk management in the international banking industry. The new capital accord requests the supervision and management of the sufficient capital to reflect the risk condition in bank management more accurately, and then provides the bank and the financial supervision and management authority with more alternative methods to measure the sufficient capital. From above, it enable the sufficient capital framework of the Basle Committee to have a bigger flexibility to adapt to the change of the financial system and reflect the real risk level in bank management and the capital level needs to be disposed accurately and promptly, finally, promote finance system development steady and healthy. Loss in operational risk incident happened frequently in our country, operational risk increasingly becomes the main risk facing by banks. But many questions about operational risk management all restrict the improvement of operational risk management levels of our country, the most severity of which is quantitative management of operational risk. Under the background it has weighty operation significance to study the operational risk measurement and the application to our banking.Firstly, this paper expounds a complete measurement framework of operational risk management that includes definition, measure methods and inside management mechanism of measurement, and points out necessity of strengthening measurement of operational risk. Secondly, analyzes and compares two main categories at present: bottom-up and top-down. Thirdly, taking examples for CMB and Industrial and Commercial Bank of China, it demonstrates operational risk measurement of our banking using Basic Indicator Approach and Income Model of bottom-up. And by comparing its effects with analysis results of concrete loss incidents of operational risk, it is approved that to apply operational risk measurement to our banking is feasibility. Finally, the paper analyzes difficulties to measure operational risk, such as weak consciousness of measuring operational risk, short of effective modern measuring model, behindhand of loss collection and lack of perfect inside management mechanism of measurement, and then gives some advices.Banking is a risky industry, so its core competitive ability is the risk evaluation and management. Operational risks are omnipresent in all banking activities, covering all business links and working staff and have different characteristics in different banks for different business and links. Operational risk is the base to allocate operational risks in terms of economic capital. So far there hasn't been a universally applicably measurement approach. As far as our country banking concemed, the operational risk measurement is so insufficiency regardless of in consciousness or in motion. Through directly learning advanced experience from the New Basle Capital Accord and finding out advanced risk management idea and technology, our banking can promote to change operational risk management idea, strengthen operational risk measurement sense, structure and complete our operational management system, and develop operational risk measurement model suited to our banking, which can realize the leaping development of operational risk management. |
