Research On Operational Risk Management Under Bank A’s Centralized Authorization System

In order to improve the informatization and sharing of commercial banks,the Central Bank has issued many policies to support the development of centralized authorization business,such as the issuance of the Interim Measures for the Administration of Authorization and Credit Granting of Commercial Banks,the Notice on Strengthening the Management of RMB Inter bank Settlement Accounts of Banking Financial Institutions,etc.As the direction of the reform and development of commercial banks’ business,centralized authorization has been widely popularized and applied in many commercial banks,Centralized authorization can not only improve the operational efficiency of banking business,but also improve the informatization and automation level of commercial banks.However,the centralized authorization system itself also has certain operational risks.Therefore,this paper takes Bank A as the research object to strengthen the operational risk management of Bank A’s centralized authorization system in order to protect Bank A’s business.Firstly,this thesis uses the method of combining expert interviews and questionnaires to identify the operational risks under the centralized cycle system of bank a,including personnel risk,system risk,process risk and external event risk.Secondly,this thesis uses the risk matrix method to evaluate 14 operational risks.The evaluation results show that the probability of these risks is very high,which affects the normal operation of Bank A’s centralized authorization business.Thirdly,this thesis puts forward countermeasures for the operation risk control of Bank A’s centralized authorization system,optimizes the work flow of the centralized authorization system,strengthens the risk control of the whole process of the centralized authorization system,clarifies the responsibilities of each work post of the centralized authorization system,and improves the emergency control ability of external event risk.Fourth,this thesis putted forward the implementation guarantee of the operation risk control measures of Bank A’s centralized authorization system,improve and perfect the risk management organization,improve the working ability and professional level of the risk management team,improve the internal risk control system of bank a,and actively introduce financial technology such as artificial intelligence to improve the risk control ability.The research on operational risk management under the centralized authorization system of bank a is innovative.The research angle is focused on the research on operational risk of centralized authorization.The research angle is more granular and can provide guidance for the bank to carry out risk management.The research content is to build a quantitative operational risk assessment method for the operational risk management of Bank A’s centralized authorization system,which can determine the occurrence probability,impact degree and risk level of operational risk under the centralized authorization system,so as to put forward targeted control countermeasures.