Comparative Study On Operational Risk Management Between Chinese And Mongolian Commercial Banks

Until the 1990 s,the world's commercial banking products and business structure was unitary,the involvement of level of electronic business scale is not big,competition is not fierce,internal management is strict,so the bank operation risk problem is not very serious,operational risk loss is smaller.After the 90s,global products of commercial Banking business changed.Technology were surging,interbank competition,operation risk problem became more and more prominent,especially in recent years,has a tendency to accelerate.By the end of 2016 according to World Bank,the total capital in the top four of China's commercial Banks is facing increase in competition and complexity.Every commercial bank of China is in trading operations and expansion of the scope of services and products,and in attempt to innovate expectation in the severe competition environment.As people increasingly being attentive to commercial Banking operating risk issues and the financial crisis,the Basel agreement for operation risk awareness is improving;the operational risk management of commercial banks has become the world's attention topic.To the concept of "operational risk management" is put forward,and a growing number of financial industry experts and scholars at home and abroad will be providing the new theory as the research object,among them,the Basel to make great contribution to the development of the theory put forward with the deepening of the research,the new research achievements are emerging,which involves the definition of operational risk,such as type,measure research.This paper makes a theoretical study on the operational risk management of commercial banks,and compares the operational risk management of Chinese commercial banks with the operation Risk management of Mongolian commercial banks,based on the operation and management process of the commercial banks in China and Mongolia,the paper analyzes the present situation and existing problems of the operational Risk Management organization system and operation Risk management of commercial banks,and compares the relevant management strategies and mechanisms of the two countries' commercial banks.Through the operational risk management process model from the perspective of Sino-Mongolian From the operational risk identification,risk assessment,risk management and risk monitoring and other aspects of the different risks to explore the analysis of the April 2017,the big events,China Minsheng Bank 3 billion yuan case study,and one of the largest commercial banks in Mongolia,Khan Bank of the Internal fraud case study;Finally,based on the research of operational risk management theory,the paper uses the concrete strategy and mechanism of Chinese commercial Bank operation Risk Management to perfect the operation risk management process of Mongolian Commercial Bank.,the paper puts forward the effective countermeasure and suggestion to the operation Risk management of Mongolian Commercial Bank.On the one hand,we hope that some of the research results will bring some theoretical reference and decision-making support to the operation risk management and mechanism innovation of Mongolian commercial banks;On the other hand,it provides theoretical reference and supplement for the Operational risk management theory of commercial banks from different perspectives.