Reseach Of Operational Risk Control In Chinese Commercial Banks

Within the Basel II framework, operational risk is defined as the risk of losses resulting from inadequate or failed internal processes, people and systems, or external events.It specifically can be divided into four categories, namely, the operational risk caused by process factors, operational risk caused by human factors, operational risk caused by systemic factors and operational risks arising from external events. With the rapid development of computer information technology,intensifying competition of the financial markets, and the expanding business scope and scale of commercial banking, commercial banks face tremendous operational riskStrengthening operational risk prevention and control plays an important role for commercial banks in reducing risk, improving quality of financial assets, enhancing competitiveness and achieving sustainable development.Therefore, how to strengthen prevention and control of such risks is not only a practical choice, but a theory to be studied and given a clear answer.On the basis of reviewing researches from domestic and overseas, also learning from international successful experience, considering Chinese market environment and institutional backgroud, this paper systematically studied the risk of operating commercial banks by using the technique of risk control theory and the method of theory relating with practice.Firstly , it discusses the basic theory of operational risk control of Chinese commercial banks, including the meaning of operational risk control, and its classification, factors, control procedures, key points and so on.Secondly, it discusses characteristics, current problems, origins and countermeasure analysis of the operational risk of Chinese commercial banks .Finally, this paper analyzed the Handan, Hebei Agricultural Bank Treasury's extraordinarily serious theft, and further examine of the defects of our operational risk control in commercial banks, and propose the countermeasures of how to prevent and control the commercial bank operational risk.Through the studies of these content , this paper has established a theoretical framework of the study of commercial bank on how to prevent and control the operational risk, and made the characteristics and causes of the commercial banks operational risk clear, and some policies and measures which had considerable reference value in theory were correspondently suggested.