The Risk Management Of Non-standard Wealth Management Services In Commercial Banks

In recent years,with the continuous development of China's economy,the interest rate marketization process has been accelerating,and the financial awareness of enterprises and residents has been continuously strengthened.Commercial banks are one of the largest participants in the wealth management market,and their wealth management products continue to grow.Among financial products with different investment directions of commercial banks,non-standard wealth management products,that is,financial products that invest in non-standardized debt assets,play an important role.As of the end of June 2017,the ratio of non-standardized debt asset investment to wealth management investment was 16.14%,ranking second,second only to bond investment.The orderly commercial banks' wealth management market and strong risk control are of great significance to the commercial bank's intermediary business income and transformation and development,as well as to the stability of China's financial market and investors' interest demands for asset preservation and appreciation.Thanks to the steady operating strategies of commercial banks and the strict control of regulatory agencies,non-standard wealth management services enjoy stable returns and controllable overall risks.However,with the development of non-standard wealth management services,risk management issues have also become increasingly prominent.The author saw the exposure of non-standard wealth management business risk management issues.He chose to explore the development of non-standard wealth management services from the perspective of risk management.According to the basic framework of risk management,he identified risk,risk analysis,risk response,and risk assessment.From a series of perspectives,we will study the risk management issues of non-standard wealth management services and explore the inherent development logic of non-standard wealth management services.This paper takes the risk management of A-bank non-standard wealth management business as the research object,and collects and researches a large amount of data and data through the combination of theory and practice,literature reading,data collection,qualitative and quantitative analysis,and case analysis.It mainly adopts the operation flow method and event analysis method,and summarizes the seven major credit risk,policy risk,legal risk,liquidity risk,reputation risk,operational risk,and fraud risk from the non-standard wealth management business process and risk events.Risk,and subdivided and analyzed the risk,and finally gave the risk response measures based on the analysis results,and finally formed a "five in one" risk matrix model.The "five-in-one" risk matrix model consists of five dimensions:target dimension,risk dimension,process dimension,organizational dimension,and control dimension.The target dimension sets three overall goals and three specific goals for the organization,and maps the seven major risks that are analyzed to each link in the process dimension,and then determines the responsibility of each department to clarify the obligations undertaken by each department.Finally,risk response measures have been formulated for potential risks in various aspects.In recent years,non-standard financial services of commercial banks have grown rapidly,and the investment fields of non-standard wealth management services have become more diversified.As a result,investors' understanding of non-standard wealth management products has gradually become more rational.Instead of unilaterally pursuing revenue,they have started Comprehensive consideration of risks and benefits.The non-standard wealth management business is one of the important investment models of commercial banks,and its risk status has an important impact on whether financial management can be paid on maturity.Therefore,the orderly development of non-standard wealth management services for commercial banks and the strengthening of risk control measures are of great significance to the income and transitional development of commercial banks' intermediate businesses,as well as to the stability of China's financial markets and the interests of investors in asset hedging and appreciation.From the current domestic non-standard financial services market development situation and developed country market experience,China's commercial banks in this area have broad prospects for development,with unlimited potential.The commercial banks' non-standard wealth management business has linked the increasingly abundant funds of investors with the urgent financing needs of financiers and has promoted the orderly development of China's financial market.This article starts with the development process of non-standard financial management in the important investment area of commercial banks' financial products,identifies their risks,and elaborates and analyzes various risks based on theory,and describes the current trends of commercial banks in risk management and control.And propose suggestions for resolving risks.