Research On The Whole Process Operational Risk Management Of Domestic Commercial Banks' High-end Financial Products

With the economy's huge development, the residents'individual wealth increased rapidly. The high-end wealth community had already been a scale。But in recent years, CPI of China is staying at a high level, people's needs can't be satisfied by the domestic banks' traditional property services. From the development of the Commercial bank, the banks cut the rate on loan in PBC's permission scope for the competition of high quality customer, so that the interest returns are narrowed. The income of High-end Financial Product is not affected by the datum interest rate, so the investor has the bigger latent profit space. According to all kinds of statistical data, the financial market size is growing rapidly because the residents have realized the importance of managing wealth. The commercial banks of China have the enormous developing potential on individual managing financial service.China's Private Banks and the High-end Financial Products service just started, which has a big disparity comparing with the international mature market. Now, the executives of Commercial bank realized the high added value of High-end Financial Products, and planed to develop the business. Because the absence of good staff members and the resident's consciousness, the development of unified plan service of High-end Financial Products is limited. The High-end Financial Products are the main business for the commercial banks.At present, it is few that the operation risk management research analysis of High-end Financial Products in the domestic literatures. The research theory of High-end Financial Products started lately and developed quickly, the character of the products are high risk and high profit, all of that decided the significant meaning of research and practice.This article analyzes the characters and the risk management situation of High-end Financial Products. It is obtained that the Commercial bank should manage the operational risk. Then I propose the concept of'the entire flow operation risk management'according to the operational risk's characters. First, the operational risk of High-end Financial Products in processes are identified. The research mainly focused on the specific method of commercial banks practice. The main line is business processes of the High-end Financial Products, focusing on High-end Financial Products development, sales and the operational risk of the products. Second, I assess the classification method of operational risk, sums up the characters of operational risk of High-end Financial Products. At last, I propose the measures of operational risk based on the preceding analysis.