Research On Operational Risk Control Of Rural Credit Cooperatives

In Basel II, commercial bank operational risk is defined as losses caused by imperfectness including internal processes, personnel computer systems and external events. In recent years, operational risk has become an important content of commercial bank in China, and established a perfect management system, accumulated a wealth of management experience and methods. However, rural credit cooperatives as local financial institutions, is during a transition period of reform, corporate governance structure is inadequate, risk management capability is not strong enough, facing serious operational risk. So, the theoretical study on operation risk of rural credit cooperatives has some practical significance.This paper based on the results of research at home and abroad, using the bank risk management theory, combining the methods of standard research and case studies, drawing on international experience in risk management of commercial banks, doing a more systematic study of China's rural credit cooperatives operating risk. Which including: firstly, some basic theoretical issues on commercial banks operational risk control, including the concept of operational risk, feature, measurement, process and factors; Secondly, the status and measures of rural credit cooperatives operating risk control; Thirdly, using the rural credit cooperatives manipulation risk events in Po Yang county of Jiangxi province as a case, to do further analysis and elaboration about the cause of risk and control measures of the rural credit cooperatives.Based on the study of rural credit cooperatives operational risk, this paper puts forward some useful ideas and conclusions. Its significance lies in helping to deepen the understanding of the causes of operational risk of China's rural credit cooperatives, making some reference policies and measures to strengthen the control of operational risk for China's rural credit cooperatives.