Research On Credit Asset Securitization Risk Management Of China Postal Savings Bank

Structured finance credit asset securitization is a classic kind in foreign markets after thirty years of development has been more mature in a mature market. But as an innovative financial instruments, it is brought to the market a range of benefits, but also accompanied by a series of risks. The outbreak of the subprime crisis that a deep understanding of the people, to the global asset securitization in the financial markets has brought vitality, but also to the financial markets and the world economy a great deal of risk. In this paper, in-depth analysis of the risks of the Postal Savings Bank to carry out the process of securitization of credit assets of all aspects of proposed countermeasures its main risk issues facing our country securitization of credit assets of the participating institutions, government regulators control securitization of credit assets risk has an important significance.Based on the general theory of credit asset securitization basic principles and risk management methods using literature review and case study reviews the literature review, the Postal Savings Bank to conduct credit asset securitization business as the starting point of the analysis system business processes and the main points of the risks of the product revealed the credit asset securitization product characteristics, structural features clear risk, and the risk of major products in question put forward countermeasures, and finally reached the following conclusions:first, regardless of the bank is to achieve economic or achieve business innovation, risk prevention need to carry out securitization of credit assets is the inevitable choice, it enables banks disperse financial risk, improve liquidity while also accelerating the bank’s business innovation, and enhance international competitiveness. Secondly, always one of the benefits and risks of credit asset securitization revenue-generating, but also faces a number of risks facing the securitization of credit assets underlying asset risk and securitization risk, the main risk of the underlying asset including credit risk of underlying assets and prepayment risk, securitization process risks include interest rate risk, legal and regulatory risks, and so on, and integrated these risks affects all aspects of securitization, diffusive, inevitability and other features. Finally, my credit asset securitization is still faced with many problems, urgently need to improve the relevant laws and regulations, the structure of a single investor, asset securitization participating insufficient capacity of the body, inadequate risk management, asset securitization less variety, these are China Development credit asset securitization urgent problems.The basic structure of the paper is organized as follows:First, carefully combing some of the major risk Postal Savings Bank Credit Asset Securitization and the development status of the postal savings bank credit asset securitization exist, followed by combination of case the Postal Savings Bank of individual housing loans issued asset-backed securities from the analysis of the motivation issue securitized products, a major player in the deal structure of business processes, focusing on risk management products that support the underlying assets and the securitization process faced, he noted the Postal Savings Bank in risk management advantages and disadvantages. Again, the product release process occurring in risk management strategies to deal with the issues raised. Finally, the conclusions drawn and the research outlook with study of the case.