Research On Risk Management Of YF Bank Operation Based On Internal Control

Since the1990s, the world famous bank collapse because of operation riskmanagement case appeared frequently, such as:1995British business investmentbank, the collapse of the barings bank in1994and France’s credit lyonnais hugelosses on the verge of bankruptcy, the operating risk issues highlighting the main risksof Banks began gradually to the attention of the international banking. Accompanywith the continuous development of banking industry and the increasingly intensecompetition, improve the level of operation risk management become the inevitablerequirement to guarantee the healthy, steady development of banking industry,operational risk is one of the core of the modern commercial bank risk management.Operational risk because of the endogenous, concealment, universality anddifficult to quantify features, control and guard against operational risks is a difficulttask for a long time. Based on the commercial Banks internal control and operationrisk theory, on the basis of further analysis and research to find out the correlation ofthe two, through the internal control and operation of YF Banks risk managementpresent situation analysis and absorb and draw lessons from the advanced experienceof foreign commercial Banks operating risk management basis, from the perspectiveof internal control of the five YF bank operation risk management problems areanalyzed: the internal control environment needs to be optimized, the operation riskmanagement consciousness; Risk identification and evaluation is not comprehensiveand operational risk management measures; Internal control measures is not yetperfect, or perform does not reach the designated position, the operation risk controlability is insufficient; Operational risk prevention to the information communicationand feedback that not timely; Supervision and evaluation mechanism did not give fullplay to the role, Operational risk system is not complete. Finally from the perspectiveof internal control Suggestions to consummate the YF bank operation riskmanagement measures: optimize the internal control environment, enhance the levelof operation risk management; Improve the operational risk identification andassessment, promote operation risk management; Perfect the internal control measures, to improve operational risk control ability; Improve the operation risk ofinformation communication and feedback, enhance the timeliness of operating riskprevention, Perfecting the supervision and evaluation mechanism, to improve theintegrity of the system of operational risk.