A Study On The Competency Model For Risk Managers Of Traditional Commercial Banks

With the development of economic restructuring and the rise of online finance, traditional Chinese banking industry will face fierce competition and complex business environment. In this increasingly competitive and volatile business environment, a bank’s risk management capability is its core competitive power for survival and growth. In fact, a bank’s core competitiveness is mainly determined by key mangers’competencies. What competencies should a bank’s risk manager have? It has been one of the most important research subjects of human resource departments in banks.Current research and application of job competency tends to be complicated and formalized. What’s more, this kind of research is usually costly and not very useful. My study focuses on risk managers in Chinese banks by taking into account the features of the banking industry. It builds a pragmatic competence model for risk managers in Chinese banks through practical methods and scientific analysis.The study adopts questionnaire, behavioral event interview (BEI) and Delphi method to develop risk manager’s competence model. These competencies cover 11 features including prudence, interpersonal skills, loyalty, sensitivity, independence, etc.This study also adopts fast encoding method of BEI to build the competency model, which is quite innovative. The development of competency model of banks’risk, managers is significant for banks to retain or train or fire relevant risk managers.