Analysis Of Risk Management Of Structured Securities Trust Products

At the end of 2017,the stock of assets managed by the trust industry in China has reached 24 trillion yuan,and trust industry became the fourth major financial pillar industry following banking,securities and insurance.With the rapid development of trust industry and the tightening of supervision,the risk management of trust industry has been exposed gradually.Risk management is particularly important in many problems faced by trust business in China,which is directly related to the sustainable development of trusts.In recent years,the high growth of the trust industry's assets has benefited from the channel business,the banks and other institutions have chosen to participate in the capital market through trust channels and structured Securities trust products,which makes the development of the trust industry on the track of "puffiness",which makes the industry risk accumulate and arouse the attention of the The CBRC issued 55 th in 2017 to standardize the business of silver Letter channel,the risk and compliance management of structured trust products has become a key point in the risk management of trust companies.Under this background,this paper takes the risk management of structured Securities trust products of y Trust Company as a case,and discusses the countermeasures to improve the risk management and control of the structured Securities Trust products under the new regulatory environment.At present,the research on the improvement of the risk management in the trust industry concentrates on the risk management of the whole Trust company,especially the risk of the rigid honour,and the risk management of the structured Securities trust products with great potential risk is not much.This paper adopts case analysis method to select the Y Trust Company,which has developed structured Securities Trust products business in the industry and has a larger proportion of the business income of Y Trust Company.As the object of case study,this paper analyzes how to effectively identify and manage the risk of structured securities trust products under the situation of strict external supervision environment.This paper finds: the present risk management of Y Trust Company has the following outstanding problems:(1)the process is too formalized,(2)the internal control ability is poor,(3)and the risk management talents are missing.Y Trust Company should implement the following measures to strengthen risk management for its structured Securities trust products business: To improve the risk control system of each port,strengthen the information system construction of comprehensive management,improve the level of management,improve the detailed management system of operational risk,optimize the management system,strengthen the staff education and training,Effectively reduce the operational risk,strictly control the liquidity risk,must be in the Structured Securities Trust products before the establishment of the pressure test,combined with the volume of investment,control the position market value of products,thereby reducing liquidity risk.The research results of this paper will provide valuable advice for Y Trust Company to strengthen the construction of business risk management system,and can provide reference for the trust industry to improve the risk management of structured securities trust products.