Research On Risk Management Of Bank Asset Securitization

Securitization of credit assets has been in foreign economic market for more than 30 years,the product in the foreign mature and mature financing market tends to mature,become a typical species.As the product is a financial innovation tool,there is no doubt that in the financial market to bring a favorable side,it will bring a series of risks.For example,the outbreak of the subprime mortgage crisis fully illustrates this point.Based on the deep analysis of the various risks encountered in the process of A bank credit asset securitization,this paper puts forward the corresponding suggestions for the crisis that may be encountered.For the financial institutions involved in the securitization of credit assets and the government regulators Facing the right and control of the risk is of great significance.This paper mainly uses the general theory of credit asset securitization and the basic principles of risk management,and reviews the related literature at home and abroad and makes a summary analysis.It uses A bank to carry out credit asset securitization business as the classic case to analyze and clarify the development of the business The paper analyzes the characteristics of the securitization of credit assets and analyzes the main risks,analyzes the risks and puts forward the corresponding suggestions.Finally,the following conclusions are drawn:First,Process,combined with the development of the status quo found that the main risks are credit risk,market risk,technical risk and environmental risks.Through the analytic hierarchy process,this paper analyzes the degree of the risk between the two banks,and points out that the biggest risk faced by A bank in the process of securitization of credit assets is credit risk,which is 0.6863,far exceeding that of other types Secondly,according to the theoretical basis of risk management theory,this paper concludes the corresponding risk management of A bank with the current situation of risk management of bank credit asset securitization and the actual situation of China's market,and then,There are five problems,the regulatory system is not mature,the external legal environment is not perfect,the quality of intermediaries to be improved,the risk rating of the basic data used by the lack of technical and limited,securitization information disclosure is not standardized;third,This paper puts forward the following optimization suggestions:using the "double rating" system to reduce the credit risk,improve the management mechanism to reduce the technical risk,improve the credit evaluation system to prevent the market risk,improve the information disclosure System to resist environmental risks,take the initiative to identify legal loopholes Legal Risk.