Research On Risk Management Of NET Worth Financial Products From Commercial Bank

The transformation of wealth management products is the only direction for the current wealth management business of commercial banks.Combined with the relatively low rate of high-rate inflation and bank deposit interest rates in China in recent years,ordinary investors are actively seeking reliable investment opportunities.Commercial bank's net worthy wealth management products are favored by wealth management investors and managers because of their flexible structure and high returns.Their risks are relatively small compared to those of stock funds and other products.Therefore,after the "New Regulations on Assets Supervision" came to the fore,the circulation of net worth-type wealth management products of China's commercial banks increased sharply,which not only greatly satisfied the financial needs of investors,but also facilitated the rapid transformation of China's bank net worth.development of.However,while the surge in the issuance of net-type wealth management products has brought wealth management convenience,it has also aggravated a series of risk factors for net-value wealth management products.This paper mainly uses the literature,theoretical analysis,case analysis,logic analysis and other scientific research methods to analyze the basic concepts and connotations of net worthy wealth management products and risk management,and analyzes the possible problems faced by commercial banks' net worthy wealth management products in actual operation.Various risk factors,and further empirical evidence on the current practice of X-bank net worth-type wealth management products risk management,explore the main problems of commercial bank net worth wealth management products in risk management,and further propose optimization measures,in order to improve China Provide a theoretical reference for the risk management and prevention and control capabilities of commercial banks' net worthy wealth management products.The main conclusions are as follows:1.From the perspective of risk sources,the risk of net-type wealth management products is not fundamentally different from the risks of other wealth management products,including the risks of the products themselves in the product design and development stage,the market risks in the face of the market,and the product management.External legal risks and internal operational risks,as well as liquidity risks in product operations.2.Taking X Bank as the evidence,its risk management of net worthy wealth management products is mainly carried out from three aspects: product risk rating,product design and issuance process and product risk change supervision.In terms of market risk,X Bank mainly passes The three process links of risk identification,measurement and monitoring are managed;in terms of legal risks,they are mainly managed from product design,contract terms,product promotion and product specifications;in terms of operational risks,they mainly focus on pre-sales development and design.In the investment advisory section,the marketing and investment operation links in the sale,and the follow-up service links in the after-sales service,the risk prevention and control are carried out.In terms of liquidity risk,X Bank mainly focuses on the marketization of products,its own characteristics,and basic assets.Four major liquidity risk factors,such as allocation and asset impairment due to centralized redemption,proceed.3.At present,the main problems in the risk management of net worth-type wealth management products of commercial banks in China are: defects in product risk change supervision,low efficiency of risk management organization,persistence of product information disclosure quality problems,and frequent irregularities in operation procedures.There are many problems such as the liquidity problem in the product market.It should be addressed through: strengthening product risk monitoring,optimizing risk management organizational structure,improving product information disclosure management level,strengthening professional training for practitioners,and strengthening product technology and service innovation.