| The Chinese banking industry is currently experiencing a period of operational risks outbreak,where various risks continually emerge.Although we are trying to draw lessons from the Basel Capital Accord and continuously enhance the capability of risk prevention and control by using the means of international banking management and operation,however,the fraud case of Tu Ya’s illegal fundraising in Inner Mongolia suddenly warns the banking industry that the previously established regimes,measures,and management systems are far from adequate,and the bank operational risks are in an urgent need for effective control methods.Starting with the fraud case of Tu Ya’s illegal fundraising in Inner Mongolia,the author analyzed the methods of committing the crime by the prime culprit,Tu Ya,and observed how the client bought off the internal workers and realized the external circulation of bank funds by taking advantage of simple operation vulnerabilities in transaction.On the basis of the current risk control mechanism of branch operation,this paper pointed out that the existing problems in the operational risk control of the X Branch of the Agricultural Bank of China,which mainly include the imperfect and formalistic internal control system,lack of management personnel,no data and information platform support,as well as insufficient supervision and inspection of operational risk management.Based on this,the author discussed the restrictive factors of operational risk control of the X Branch of the Agricultural Bank of China,including internal process,human factor,system defect,and external incident.To deal with these problems,the author put forward several measures to control the operational risks for the X Branch of the Agricultural Bank of China: by improving the internal control mechanism of operational risks,placing greater attention on human resources management,accelerating the development and applications of information technology and operational risk management tools,and giving play to external supervision and market restriction. |
