The Managerial Research Of The X Rural Credit Cooperatives Operating Risk

As China's financial system enters the stage of deepening reform,commercial banks,as the main body of the financial market,will inevitably be threatened by risks from all aspects.For commercial banks,the most important risks are credit risk,market risk,interest rate risk,operation risk,etc.Compared with credit risk and market risk,which are widely concerned and studied as one of the three major risks,they have not been paid enough attention.Although domestic and foreign scholars' research on operational risk management plays a certain role in operational risk management and prevention,most of them are the governance and control of risk occurrence and after the event,as well as the research on pre prevention of operational risk Research is less,and most of these achievements are still in large commercial banks.As for the operational risk of rural credit cooperatives in China,the pace from prevention to management is slower than that of commercial banks,and there are many deficiencies to be improved.At present,due to the lack of internal control mechanism,the frequent occurrence of malignant events and the aggravation of various kinds of operational risks,the operation risk has become one of the most important risks,and the management of the operation risk has naturally become the top priority of the work of rural credit cooperatives.In the face of fierce market competition and performance development pressure,X rural credit cooperatives have more operational risk exposure caused by imperfect operational risk management system.To strengthen the construction of internal control and improve the risk management ability is the key to the development of X rural credit cooperatives.In this context,this paper carries out relevant research.Scholars at home and abroad have put forward many views on the study of internal control,among which the most authoritative and general definition is the COSO report.Referring to the new COSO(2017)framework,this paper focuses on the operational risk management research of X rural credit cooperatives.Firstly,it takes the current severe situation of operational risk faced by commercial banks as the entry scenario,and then leads to the research status of operational risk management at home and abroad and the researchresults of operational risk management;secondly,it introduces the basic theories of operational risk management and internal control management Then,it expounds the current situation of X rural credit cooperatives' operational risk management,deeply explores the influencing factors of X rural credit cooperatives' operational risk with questionnaire survey method,and analyzes the causes of X rural credit cooperatives' operational risk management defects on the basis of the new COSO(2017)framework.Finally,according to the five elements of the new COSO(2017)framework as the logical clue,the paper puts forward targeted improvement suggestions.Based on the analysis of the operational risk management of X rural credit cooperatives,this paper puts forward some problems in the operational risk management of X rural credit cooperatives to a certain extent,analyzes some deficiencies in this field at the present stage of X rural credit cooperatives,and from the new framework of COSO(2017),provides some suggestions and references for the improvement and perfection of the current operational risk management system,so as to promote its economic development Business development,strengthening risk prevention and control capabilities,and continuous improvement of organizational structure.