Commercial Bank Operational Risk Management System

Operational risk is a kind of burned risk of commercial banks. As the New Basel Capital Accord bring the operational risk into the risk management framework, the operational risk management becomes an important part of international banks'work. Operational risk is very important for commercial banks risk management and supervisory authorities. Compared to the credit risk and market risk, it is only a short time that operational risk becomes an independent kind of risk to theoretical research and practical management. As to China's commercial banks, operational risk is an important kind of risk, too. But the operational risk research and management are just on the beginning. The most work of us now is only to introduce the foreign theories and measurement models. It's still too far for us to built an effective management mechanism adapt to China's commercial banks'practice.With the information from public media and internal data of some commercial banks, from the respect of notion, system, mechanism and etc, the dissertation gave institutional explain on the operational risk of China's commercial bank, including the traditional theory of New institutional Economics (NIE) and institutional exchange economic engineering framework. By the operational loss data collected by others from news scattered at newspaper, internet and other published media, we compared the LDCE of China and foreign commercial banks.With the experience of western banks, taking the rules of BASLE committee and CBRC into consideration, we built the external and internal mechanism of operational risk management, such as recognition, evaluation, measurement and control, are investigated deeply. By the qualitative and quantitative analysis, we pay much attention to the circumstance building,external supervision,management mechanism and internal control.