Study Of Personal Financial Services Industrial Bank Risk Management And Control Issues

With China's rapid economic development,people's income and living standards have been greatly improved,but also the increasingly strong demand for personal investment for diversification.Industrial Bank launched the personal finance business to meet our residents to finance commodity diversification,personalized investment banking needs,more and more people choose to invest money in the Industrial Bank of personal finance products.The speedy development of personal financial services in the Industrial Bank to bring huge profits at the same time,the Industrial Bank also faces a variety of risks.Compared with Western countries,China's financial market is either still in its infancy,there are still many shortcomings,there are still lacking in their own experience,supervision and risk control.Since the financial crisis,the bank's financial products frequently "zero income","negative income" phenomenon,the bank suffered a large number of customer complaints,so that the credibility of the banks are facing a colossal risk.It also indirectly revealed inadequate financing business of the Industrial Bank in risk management.At the same time,the expansion of financial capital investments caused losses of market risk and operational risk are also gradually increased.Affected by the global financial crisis,the profits of financial products are gradually declining.As can be observed in the above analysis,the risk of the Industrial Bank of personal financial services control is very important.In this paper,the industrial bank personal financial products as an example of commercial personal financial business risk management and control issues.Firstly,the overview of the commercial bank personal financial business,and our country commercial bank personal finance products,the development present situation analysis,analysis of the industrial bank personal financial business risk management status and existing problems,such as sales personnel risk control concept is weak,who finance business risk control functions are not clearly defined,customer evaluation is not in place,risk management information system development lag.Combined with the experience of other countries commercial banks personal financial business risk management,puts forward related suggestions of Industrial Bank personal financial business risk management and control,that is,the sound risk management system construction,further enhance the personal financial business risk management technical level,to strengthen information disclosure,strengthen management of Industrial Bank Financial personnel,strengthen the innovation of the personal financial services.