Commercial Bank Operational Risk Management Research

Basel Committee on Banking Supervision in June 2004 adopted a new "Basel Accord". Based on summing up the advanced international practice on bank risk management, a frame work for bank risk supervision was put forward. Compared with the old one, the most notable feature of New Basel Accord was bringing operational risk into a major area of concern, and embracing it into the new capital of the venture capital calculation and regulatory framework in the latest financial accord. Attending the continuously growth of China's commercial banks, especially the successful listing for the China Construction Bank and Industrial and Commercial Bank of China which are the two of China's four major state-owned commercial banks, China's commercial banks are entering into international active banks rapidly. So it is necessary for The International Development of China's commercial banks to study on international banking rules.Research about the risks of the operation are not yet formed a unified viewpoint, even in the concept of operational risk. China Banking Regulatory Commission said that China will continue to implement the old accord formed in 1988, which means that it is not necessary for China's commercial banks to be a lot of operational risk capital allocation. However, a series of major cases of the risks happened in China's commercial banks in 2005, and it is clearly expressed that China bank's operating risk control form is not optimistic. It can be said that the operating risk than other risks such extreme conditions is likely to trigger a bankruptcy occurred.Relatively speaking, the risk management of state-owned banks has just started, Risk Management targets are only limited in credit risk control and prevention, and rarely involve risk and market risk and other operational risks; Risk assets of the banking supervisory authorities, the regulatory capital adequacy ratio, and also mainly credit risk. Domestic operation of the international risk management for the study was very small. Operational risk measurement and management of the studies have put more emphasis on financial engineering, and the bank is more practical line workers can only gain from limited. Although China's commercial banks are currently no new Basel Accord. it is bound to the international commercial banks, especially the four major state-owned commercial banks. Implementation of the Basel Accord for the international regulatory framework is the only way. For the above reasons, it is necessary for the operator of a risk management framework to solve the problem.For the above reasons, this paper started from the New Basel Capital Accord regulatory requirements, and focused on the study of the commercial banks operating in the risk management framework for building common problems. Basel agreement focused on the discussion of risk managers attempting to establish operational risk management framework may have to face certain problems, tools, including operational risk capital, capital classification and management and so on. Operational risk capital allocation for the comparison of the current international issues of common methods and VAR Extreme French model that the measurement of the main challenges facing the allocation of capital. At the end of the paper, three issues that have to be solved are pointed out in view of the status of our operational risk management.