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China Postal Savings Bank Operational Risk Management

Author: PeiWeiYi
Tutor: WangZongJun
School: Huazhong University of Science and Technology
Course: Business Administration
Keywords: Operational risk Corporate Governance Structure Internal Control China Postal Savings Bank
CLC: F832.2
Type: Master's thesis
Year: 2009
Downloads: 108
Quote: 1
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Abstract


Operational risk refers primarily from inadequate or failed internal processes, people and systems or from external events caused by the risk of loss . And credit risk and market risk compared to operational risk manifestation, greater losses , more concealed , prevent and control more difficult . China Postal Savings Bank deposits scale ranks fifth in the country , but because of human, institutional , policy and other reasons, weak internal control mechanisms and risk management consciousness, the situation is grim . So learn from the experience, the establishment for their own operational risk management system , not only can effectively avoid risks, to promote business development, but also to enhance competitiveness, to participate in market competition. In this paper, theoretical and empirical analysis of a combination of methods , combined with the author in the China Postal Savings Bank 5 years working experience in risk management . The first occurred in recent years, domestic and foreign financial major cases as a starting point , elaborated on the concept of operational risk , classification , principles and measurement methods ; secondly combined with our operational risk management of the banking situation, the focus from corporate governance, organizational structure, staff quality and system security and risk management tools and other aspects of China Postal Savings operational risk management , analyzed the current situation , pointed out the existing problems and shortcomings ; advanced by analyzing the bank 's operational risk management practices , to summarize refining, combined with China 's own characteristics Postal Savings Bank , China Postal Savings Bank proposed operational risk management framework and implementation measures , namely to establish a sound regulatory framework in China Postal Savings Bank corporate governance structure , strengthen internal controls and three lines of defense and establishing operational risk management system , the implementation of countermeasures to shape the \provide a general direction of development and basic ideas .

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CLC: > Economic > Fiscal, monetary > Finance, banking > China's financial,banking > Banking system and business
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