Analysis On The Impact Of Internet Finance On Financial Risk Management In A Branch Of Bank Of Communications

In recent years,with the rapid development of modern Internet technologies such as big data,cloud computing and so on,it has effectively promoted the rapid development of Internet finance.The rapid rise of Internet financial institutions represented by online lending platforms and tripartite payment platforms has given the traditional businesses of commercial Banks bring huge competition pressure and impact.For example,the traditional asset-liability business has undergone tremendous changes due to the emergence of Internet finance,and it also affects the capital adequacy,liquidity and profitability of commercial banks.Under the big wave of Internet finance,commercial banks have gradually been infiltrated by Internet finance,it is also reform their development models.As the mainstream of the financial industry,whether commercial banks can develop steadily is related to the national economy and the people's livelihood.However,whether the commercial bank's financial risk management system is perfect is related to whether commercial banks can develop steadily.But,At the same time,the innovative development in the context of Internet finance has also brought new financial risk management problems to commercial banks and put forward new requirements and challenges.Commercial banks must manage their own financial risks and problems.Analyze the reasons,scientifically improve the financial risk management and control system,enhance its financial operation capabilities,strengthen the level of financial risk management,and achieve long-term stable and healthy development.Based on the research on the commercial bank to pay the Internet financial intermediary status,the traditional service mode,and intermedian income,This paper discusses the significance of this paper,and summarizes the related concepts of financial risk and the importance of financial risk management to commercial banks and the types of financial risks faced by commercial banks in the context of Internet finance through relevant literatures at home and abroad.Secondly,by introducing the six major Internet financial operation modes,such as crowdfunding,P2 P online lending,third-party payment,digital currency,big data finance,and informationized financial institutions,it is more difficult to regulate the financial risks of commercial banks in the context of Internet finance,and management methods will occur.The characteristics of financial risk management such as transformation,expansion of management and control,and inability to distinguish responsibility have been elaborated,and the contentsof financial risk management,credit-related,operation-related and market-related financial risk management of commercial banks under the new situation have been introduced in detail.This paper is based on case studies,introduce the basic situation and business development of Bank of Communications A branch,analyzes the structural process,specific indicators and overall level of financial risk management under the background of Internet finance,and studies and analyzes the problems existing in the financial risk management of A branch and points out Related reasons:(1)The problem of still using the traditional financial risk management model to monitor financial risks is the reason for the lack of new financial risk identification mechanism.(2)The problem of failure to establish a special risk management mechanism to deal with new financial risks is the reason for lack of high-quality full-time talents and the construction of financial risk management system lag.(3)The financial risks caused by Internet finance business cannot be quantified,which is the reason for the incompleteness of Internet financial risk data.Finally,it puts forward the countermeasures for improving the financial risk management of Bank of Communications A branch,how to improve the financial risk management system,improve the monitoring and management of financial risk indicators,improve the financial risk management level and operational capability,improve the construction of financial management personnel,and strengthen financial risk management.The establishment of information system and the prevention of systemic risks provide specific countermeasures for the Bank of Communications Bank A to improve its financial risk management level.It also provides ideas and suggestions for the financial institutions to improve the financial risk management level under the background of Internet finance.