Research On Internal Risk Control Of Personal Trust Products Of ZS Bank

The personal investment and wealth management of China's commercial banks has been developing for nearly 14 years.With the continuous expansion of commercial banks' personal investment and wealth management markets,various types of risk problems have gradually emerged,including cross-cutting financial risks,capital pool business,multi-level nesting,and high taxes.Problems such as leverage and rigid payment have become an important factor affecting financial stability.Therefore,how to implement the requirements of the China Banking Regulatory Commission on the construction of internal control systems has become a research topic that must be taken seriously by various commercial banks in the new era.Among them,the trust sales trust products are favored by high-net-worth investors because their yields are higher than the banks' own wealth management products,and occupy an important position in commercial bank personal investment wealth management products.Although commercial banks are the agency,this product does not occupy bank risk capital.However,since commercial banks directly face individual investors and assume reputational risks,commercial banks are generally involved in the structure and risk control design of trust products,and in the promotion of There is an invisible "credit endorsement" phenomenon in sales,which leads to individual investors' misperception of the product's risk,and thus causes"extreme endogenous risk conflicts" in personal trust products.At the same time,due to the continuous outbreak of personal trust product risk events in recent years,and the increasing supervision and regulation,breaking the rigid payment system has become an industry trend.When commercial banks trust products,the risk control standards and approval processes are increasingly strict.As the largest retail sales agency in China's trust products,ZS Bank has formed a set of product selection,admittance,risk control,credit enhancement,and post-investment management processes in actual business operations,setting an industry benchmark.Therefore,this paper takes ZS Bank as the research object,under the background of the asset management and new government,takes the real estate trust products that the market and the regulatory agencies pay close attention to as an example,leans from the internal control framework of COSO,studies its internal risk control process,and analyzes Inadequacies in environmental construction,risk assessment,information disclosure,and post-investment supervision and management.They also proposed improvement suggestions,improved internal control mitigation construction,improved information disclosure standards,strengthened post-investment supervision,used large numbers to establish risk warning models,discovered risks in a timely manner,mitigated risks,responded to risks,and ensured the safety of investment funds as much as possible.It provides reference for other commercial banks to access the internal control environment of personal trust products,risk identification and response,post-investment management supervision and information disclosure.The main framework of this paper is:The first chapter mainly introduces the background and significance of the research theme of this article,literature review at home and abroad,shows the technical route and framework of the full text.The second chapter introduces the current practice of personal investment,wealth management and internal control of commercial banks in China,and analyzes their classical theories,risk categories and sources.The third chapter explains the internal control process of personal investment and wealth management of ZS Bank and the internal risk control of individual trust products,and introduces in detail the screening,admission,risk control,credit enhancement and post-investment management processes of such products.The fourth chapter combines the internal control framework of COSO and analyzes the problems of the internal control of personal trust products.Including internal control environment construction is not perfect,risk assessment and control system is not perfect,internal system conflicts,product risk disclosure,implementation of post-investigation supervision is not in place.The fifth chapter puts forward the improvement suggestion of ZS bank personal trust products.The sixth chapter concludes.