The Research Of Intermediary Business Internal Audit In The NY Commercial Bank

In the complex and changeable market economy environment,the international commercial bank have changed it way from the profit model of loan and deposit business to the three pillar structure of asset business,intermediate business and liability business.Intermediary business,just as its name implies,bank as an intermediary dealing with business.With the development of economy,the profit proportion of intermediate business of our country has been increasing,reaching nearly 20% over the yeas.If China's commercial banks want to win,on the one hand,they need to improve operation performance,on the other hand,must be insure the efficiency and the effectiveness of management.As the start of intermediary business in our country is a little late and with slow development rate,corresponding to the lack of internal audit system,when we strive to develop intermediate business,to ensure it growth stably,banks must pay more attention to the constructive of intermediate business audit system,build an audit system suitable for their own.This paper uses the method of case study,Firstly,I stated some concepts about intermediary business and internal audit,fully understood the contents of intermediary business,risk characters and concept of internal audit;Secondly,through the investigation of branch A of NY commercial bank,have a roughly understanding about the current situation of intermediary business,puts forward the existing problems and causes,focusing on internal audit of intermediary business from four parts :risk assessment,compliance audit,internal control testing and benefit of audit,find problems and put forward specific solutions;In the end,according to the current situation of NY bank intermediate business internal audit,I think deeply about the whole internal audit of commercial banks in our country,then give four suggestions:Firstly,strengthen the emphasis on the intermediate business;Secondly,improve the overall quality of the internal audit staff;Third is to improve the internal audit accountability system;The fourth is to vigorously promote the audit method innovation.After this study,at the theoretical level,the proposed internal audit system focus on the intermediate business can play a complementary role to the existing literature;Inpractice,by the analysis of NY commercial bank,it also has important reference for improving the internal audit mechanism of intermediary business,in the end it can promote the development of China's commercial banks.