Research On Financial Risk Management Of Commercial Banksbased On Enterprise Risk Management Framework

With the rapid development of economic globalization and information technology,the rapid development of the financial industry,the continuous innovation of products,making the commercial bank financial risk in the development and management process has been accompanied by the existence of.Commercial banks as part of the financial institutions,accounting for about 1/4 of the existing financial institutions.As of the end of 2015,according to the China Banking Regulatory Commission annual report of the total number of commercial banks has reached more than 1 thousand.The booming commercial banks play an important role in the rapid development of China's economy.The development of Internet technology has changed the way people live.In the rapid development of the market,due to the impact of a variety of factors,commercial banks are bound to face a variety of risks and challenges.Commercial banks mainly in debt management,this mode of operation has a direct impact on the bank's solvency,but also increased the difficulty of financial risk management.Therefore,it is of great practical significance to strengthen the financial risk management of commercial banks.At present,China's commercial banks in the face of complex and volatile environment,financial risk management,there are still some loopholes in management and backward ideas and other issues,threatening the healthy and orderly development of banks.In this paper,the commercial bank financial risk management as the research object,the structure includes five parts.The first is the introduction,describes the background and significance of the research,the research method and content,and by reading a lot of literatures,summarizes the experts and scholars on the financial risk management research,based on the questions in the research and innovation of this paper.Secondly,this paper discusses the relevant theories of financial risk management,defines the concept of financial risk and enterprise risk management theory in detail.Third,through the comparative study of the method,from the network statistics database and the Guo Tai An database data,the paper analyzes the current situation and problems of China's commercial bank financial risk management.Fourth,the paper analyzes the problems of the financial risk management of commercial banks in China.Fifth,based on the concept of enterprise risk management framework published in COSO2016,this paper constructs the financial risk management system of commercial banks,and puts forward some countermeasures to strengthen the financial risk management of commercial banks.Firstly,the commercial banks should strengthen the awareness of financial risk and improve the financial risk management skills and levels from the perspective of corporate culture.Second,strengthen the internal control management,requires each employee in the internal control execution,strictly in accordance with the standard implementation,according to the business process,meticulous each operation and audit process,control financial risk.Third,on the prevention of liquidity risk,the paper puts forward the measures to optimize the loan process,reduce the generation of non-performing assets,as well as the rational allocation of resources and strengthen liquidity risk management.By improving the efficiency of financial risk management and implementation,to ensure that commercial banks can operate in a stable and orderly manner.