Research On Risk Management Of Electronic Commercial Draft Business Of Z City Commercial Bank

From the 1980s onwards,the main medium of bills was paper commercial bills of exchange(paper bills).In the circulation of paper notes,the transfer of endorsements,bank acceptances and bill discounting,bills cases arising from fake bills,sets of notes and defective bills have emerged one after another,seriously affecting the stability of the financial market.In October 2018,with the completion of the "Paper-Electricity Fusion Project" project of the China Bills Exchange,the bill trading medium was transformed from the original paper to electronic data,and the electronic commercial draft business developed rapidly.Commercial banks can rely on the bill business for new profit growth,which not only increases margin deposits for banks but also expands the scale of loans.With the continuous progress of science and technology,big data,supply chain and other financial technologies have also developed rapidly,and the scope of application has been continuously expanded,and these technologies are being integrated with the bill business to promote the innovative development of bill products.It also marks that our country has entered the information age.Information has a significant impact on the financial industry,and the era of Internet+bills has begun.The bill market has become the main battlefield of national economic regulation and control,and during the epidemic period,it has also given full play to its financing function and payment function,and the state has actively promoted the marketization of bill interest rates.The banking industry is a high-risk industry,with endless risk cases and changing criminal means.With the vigorous development of the electronic commercial draft business,bill cases have also occurred continuously,and some urban commercial banks have the risk of redemption,breaking the rigid cognition of bank commercial drafts.The case affects other urban commercial banks,and the credit default risk of corporate bills will also be transferred to commercial banks,resulting in the accumulation of risks in the bill market of commercial banks,and frequent fluctuations in the bill interest rate market will lead to the accumulation of bank market risks.The banking industry has always had risk control measures,but there are still a large number of risk cases,every year the CBRC notifies a large number of bill violation penalties,or mainly operational risks and compliance risks,some bank personnel collude inside and outside the crime,and the criminal methods are constantly changing.Therefore,it is imperative to risk the management of the bill business of commercial banks.This paper takes Z City Commercial Bank electronic commercial draft business risk management as the research object,Z City Commercial Bank is a cross-regional operation of the city commercial bank,through the study of its bill business risk management current status,combined with the development of other state-owned banks,to understand the operation of the bill market,through the way of literature reading to study a large number of domestic and foreign related literature on the bill business,to understand the development history of bills,the rapid development of bill business while the risk still exists.There are still differences in the application conditions for financing notes at home and abroad,and whether the transaction background is reviewed.The bill business is breaking through differentiation through continuous innovation and development.As the bill market continues to innovate and develop,financing bills can also push the boundaries.The development of big data and supply chain technology is driving the rapid development.of the bill business,breaking through regulatory barriers and striving to achieve real financing bills.Through the interview method,this paper understands the organizational structure and management measures of enterprise risk,and discovers the current problems of Z City Commercial Bank.There are multiple risks in the bill business at the same time,and the risks are hidden and difficult to find.There are problems in the risk management of Z City Commercial Bills Business in these 5 aspects,the trade background review in the acceptance process is not strict,the discount interest rate is unreasonable,the responsibilities of the credit department and the accounting department are not clear,the risk tips for the operation of the bill business are insufficient and the risk identification ability is not strong.The comprehensive risk management theory is used to sort out the bill business process,first focusing on the initial information collection,then carrying out risk identification and risk assessment,checking the measures of risk control and control,and finally carrying out risk supervision and correction.Through the risk management process,we analyze the causes,prevent risks in a timely manner,and formulate matching risk management strategies to ensure the steady development of the bill business.Finally,it puts forward suggestions about risk management,increases the review and correction of risk management,improves the pricing mechanism of bills of exchange rate,attaches importance to the improvement of risk control technology,and improves the communication and reporting mechanism.Through cultural guarantees and institutional guarantees,the risks of the electronic commercial draft business of Z City Commercial Bank are controlled,which will help the improvement of the comprehensive development level of Z City Commercial Bank,and the optimization suggestions of guarantee can be smoothly implemented.Through scientific and technological safeguard measures,Z City Commercial Bank is encouraged to use the scientific risk control system to ensure the market competitiveness of the electronic commercial draft business,and provide support for the construction of a scientifically developed electronic commercial draft business system of Z City Commercial Bank.Through this research,we hope to improve the risk management capability of Z City Commercial Bank’s electronic commercial draft business,and also optimize the scope of services.The bill market is booming,and the types of bill products are constantly innovating and developing with the increase of market demand,and the main body of bills is more diversified,further covering financial institutions at all levels.By strengthening the risk management of electronic commercial drafts,exploring and analyzing new forms of bill risks,formulating risk management strategies that match the causes of risks,and establishing a new risk prevention and control system,we will provide reference significance for the risk management reform of other small and medium-sized urban commercial banks.