Research On Risk Evaluation And Control Of China Merchants Bank's Wealth Management Subsidiary

As China's economy moves towards a new normal,China's financial system reform continues to deepen,and deleveraging and structural transformation of the real economy are promoted.Wealth management business has become the fulcrum of strategic transformation of various financial institutions in China.At present,wealth management subsidiaries of state-owned commercial banks and some city commercial banks have taken the lead in opening businesses.As a rookie of the asset management industry,the wealth management subsidiary of a commercial bank was given great expectations and attention before it was established.The origin of "trusted,valet-based financial management" allows financial management subsidiaries to focus more on how to use professional methods and capabilities to help investors obtain better returns.At the same time,the wealth management business is accompanied by a variety of risks.As a new form of financial institution,the wealth management subsidiary uses its own advantages,better operations to avoid and reduce various risks,and effective risk prevention and control.The top priority in the financing period of the wealth management subsidiary and the beginning of its opening.As a leader in the asset management industry,China Merchants Bank's analysis of its wealth management subsidiaries has certain representativeness and reference value.To this end,this article selects China Merchants Bank's wealth management subsidiary as the research target,analyzes its basic situation and current situation,and sorts out the general risks it faces and the risks unique to the wealth management subsidiary in the early stages of its establishment.Secondly,starting from the risk problems faced by China Merchants Bank's wealth management subsidiaries,a risk assessment factor survey table for wealth management subsidiaries was designed,and based on the survey results,the construction of the risk evaluation indicator system for wealth management subsidiaries was studied in depth and the application of risk evaluation using index weight.Finally,through data analysis of the survey results,suggestions and views on the risk prevention and control of wealth management subsidiaries were put forward.The Delphi method,the analytic hierarchy process,and the fuzzy comprehensive evaluation method are used to combine three quantitative and qualitative methods to select 6 risk dimensions and 20 specific indicators to build a risk evaluation model,and carry out risks for financial management subsidiaries through the model Related evaluations to get evaluation results.Based on the analysis of the risk evaluation results of China Merchants Bank's wealth management subsidiaries,it puts forward safeguard recommendations on systems and risk management.The qualitative and quantitative risk assessment system formulated in this article can help wealth management subsidiaries reduce the probability of risk occurrence,improve risk prevention and control capabilities,and contribute to the stable development of the industry.This article has certain reference value for the risk control of wealth management subsidiaries of commercial banks.