Research On Risk Management Of Retail Credit Business Of Minsheng Bank Z Branch

In recent years,as the domestic economic growth continues to decline,Minsheng Bank is facing an increasingly complex and changing economic and financial situation.The impact of slowing profit growth,continued pressure on asset quality,and increased competition in the same industry has become more severe,especially in the retail business.The impact of Internet finance is significant.The operating environment and risk situation faced by the banking industry are complex and volatile.It requires commercial banks to accelerate reform and transformation and further advance the construction of a comprehensive risk management system.This article mainly starts with the retail credit business segment and credit risk management of Minsheng Bank Z Branch.It uses SWOT analysis,field surveys and interview analysis to determine the advantages and disadvantages of Z Branch ’s retail credit business risk management in the era of big data.Comprehensive evaluation of risks,opportunities and threats.The main problems in risk management of retail credit business of Minsheng Bank Z Branch are shown in the following aspects:(1)the pressure on risk management and control of retail credit business is high;(2)the risk management process is not specialized enough;(3)the retail big data risk Control system construction is insufficient;(4)inadequate risk management mechanism;(5)insufficient construction of risk management team.The reasons for its formation are mainly analyzed as follows:(1)insufficient attention to risk management;(2)The strategic positioning of retail credit business risk management is unclear;(3)The lack of professional talents in retail credit business risk management.In order to further improve the risk management of retail credit business of Minsheng Bank Z Branch,this article suggests that Minsheng Bank should further refine the risk management process in each link on the basis of the principle of“model-driven,classified management,early warning,active withdrawal,and effective transmission”.To ensure the healthy development of retail credit business of the Z branch of Minsheng Bank,certain guarantee measures need to be taken from the aspects of system,process,personnel,and big data system during the implementation process,including:(1)changing the retail credit business operation of the branch;Credit business risk management mechanism;(3)Strengthen the retail riskmanagement team and personnel management;(4)Improve the entire process of retail credit risk management;(5)Promote the construction of a retail big data risk control system.Through the research of this paper,it puts forward countermeasures and suggestions for further improving the existing retail credit business risk management of Minsheng Bank Z Branch,and at the same time provides a reference for the healthy development of China’s commercial bank retail credit business.