The Optimization On Risk Managemant System In Everbright Securities Co., Ltd

Risk exists everywhere. Due to ignoring the risk or not managing risk strictly, great losses occurred occasionally. Under the background of economic globalization, many companies from all walks of life in China are striving for improving their management so that they can enhance their international competitive capability. Meanwhile, companies must establish a perfect risk management system gradually so that they can increase the ability of risk resistance, which can reduce the loss brought by risk and can improve the ability of coping with crisis and of survival in competition. For securities firms, the risk is to follow. The development of the securities company in China starts late, so there is a lack of risk management theory research and practical experience. In recent years, through drawing lessons from foreign advanced management experience and risk management concept, securities companies in China have been developing rapidly. At the same time, the regulatory authorities and securities companies themselves are also actively exploring and continually improving the risk management rules and system. From the promulgation and implementation of Securities Law to the Internal Control Guidelines of Securities Company and the Risk Control Index Management Method in Securities Company by China Securities Regulatory Commission, including Overall Risk Management Regulations of Securities Company performed on Marchl,2014, all these embody the gradual improvement of internal risk management and standardized constraints by regulatory authority.Based on the domestic and foreign scholars on financial and securities industry risk management research and also on the basis of the rules set by securities regulators, the paper identifies and analyzes the risk of securities company. And then according to the business characteristics of the securities company, risk coping theory is summarized in this paper. As the research object, this paper introduces the current operating conditions, organization structure and business situation of Everbright Securities Company. Especially it focuses on the816event, and then combining with the above risk management and internal control theory, it exposes the Everbright Securities Company’s defects of risk management by a detailed analysis of816event. So in this paper it concludes that the company can optimize its risk management system from obeying the basic principles, further strengthening the construction of risk management culture, improving risk management organizational structure, making the risk warning system perfect, strengthening the risk management information system and so on.