Research On Commercial Banks Operational Risk Management Of China

Since the 1990s, many law cases caused by operational risk have happened in banking. These cases brought heavy loss to banks and affected one country's stabilization of finance and economics. In the situation that the environment of international economics and finance change fast and the instruments are innovated constantly, cases coursed by operational risk happen frequently. Its harmfulness spreads continuously. The banks must attach importance to operational risk and recognize the importance of operational risk management, and explore available method to solve the adverse effect from operational risk.It is late to start to research operational risk. It is recent years that the operational risk management is attached importance to. So there is no common agreement on operational risk about its conception, measuring technology and method. There are still no public database and mature management technology and system about operational risk.Our banks have attached no importance to operational risk for a long time. Their risk consciousness is relatively weak. Management method falls backward. Management experience is insufficient. Internal control mechanism is not perfect. Equipment of software and hardware drops behind and operational risk management is difficult. These cause our banks' operational risk cases happened frequently and our banks incur a lot of loss. Operational risk becomes one of major risks to our banks. So it has theoretic and practical meaning to attach importance to operational risk management and research, construct an available operational risk management system for advancing our banks level on defending operational risk, strengthening their safety and profit and advancing competition abilities. The thesis is based on other existed research findings. It uses advanced theory and practice about operational risk management in the world for reference and tries to analyze our banks situation in operational risk management. The thesis tries to give some advices about how to strengthen our banks management on operational risk.The thesis discusses some questions about our banks' operational risk management from four sections. The first section is the overview of theories. This part introduces definition, classification and characteristics of operational risk. The second part introduces research and regulation about operational risk management of some committee. It gives an example of ANZ and elaborates banks operational risk management framework detailed. It introduces experience about banks operational risk management. The third section introduces situations about our banks operational risk and its supervision and gives the latest development about several banks of our country. The forth part indicates some problems about our banks. Our banks corporate governance is imperfect, operational risk management framework is unsound, management idea is misunderstanding, management means lag behind. Banks is lack to manage staff and risk culture is not established. Its internal control system is imperfect and so on. Then this thesis gives some advices on enhancing our banks operational risk management at last.