Study On Risk Management Of Interest Rate Swap Of CCB Dalian Branch

After over twenty years of development, interest rate swap has become one of the biggest financing instruments in international financial market. Upon the deepening of internationalization of our country's financial market, financial institutions and enterprises rely more and more on risk-control product such as interest rate swap, then comes the question how financial institutions should enhance risk management of interest rate swap. Based in this angle, the paper make instructive research on consummation of risk management system of interest rate swap within CCB dalian branch.Firstly, the paper reviews the development course and definition of interest rate swap and displays risks the product contains; secondly, the paper states product risks included within CCB dalian branch, presents the current risk management bank system, and analyzes the defaults of current system; thirdly, the paper establishes risk measurement model according to product characteristics and advances methods of consummating overall risk management system; finally, the paper uses detailed example to explain risk management of interest rate swap.This paper refers to popular theory of risk value management, introduces advanced international risk management concept, and combines author's own working experience to bring forward measures of realizing overall risk management on the basis of current system.Major conclusion shows that CCB dalian branch should practice dynamic risk management by establishing product risk measurement system, should carry out overall risk management concept by consummating organization structure and optimizing resources collocation. Overall risk management system is the basis of efficient running for bank, and is also guarantee of upgrading value creativity and building core competition ability for bank. The general aim for risk management of interest rate swap of CCB dalian branch is to build centralized and vertical risk management system that covers all kinds of risks within the products, as well as upgrade system's ability to efficiently balance risks and redounds.