Research On The Internal Audit Of Bank Risk Management Based On The XX Rural Bank

Since the China Banking Regulatory Commission(CBRC) announced on December 20 th, 2006 that the financial institution access policy of banking industry in the rural areas was moderately adjusted and broadened, the rural banks had developed rapidly along with the continuous development and deepening of rural economy. Meanwhile, rural banks played a beneficial role in enrichment and improvement of rural financial system, optimization of rural financial services and support of “Three Agriculture” development and powerfully supported the construction of socialism new countryside. Recently, the rural banks are in the transitional period from pilot to relatively rapid development and all kinds of risks in the business operation tightly follow the business development. All kinds of businesses are increasing rapidly, and in the meantime, the business growth also poses the severe challenges for the risk management work of rural banks. In order to effectively guard against the risks, the internal audit regards the “control risks, strengthen supervision, enhance quality and establish authority” as the main work idea based on the position orientation of “inspection and supervision, risk prevention and administrative decision”.This paper took XX rural bank as the research object, and firstly studied and analyzed the current situations of internal audit of this bank including the aspects such as organizational and staff structures, audit objectives, audit procedures and cases of internal audit risks. After analysis, this paper evaluated the internal audit work of XX rural bank and found the weaknesses of the internal audit work in the process of risk management. Finally aimed at the existing problems in the internal audit work of XX bank based on the risk management, the author proposed the solutions to perfect the internal audit system of risk management of XX rural bank through combination the national and overseas advanced experience of internal audit, the author’s working experience of internal audit and theoretical knowledge related to internal audit and risk management. Through studying, this paper not only helps to promote the internal audit level of XX rural bank, but plays a significant reference role in the improvement and perfection of internal audit work of other rural banks.