2012Financial Theory and PracticeOpen access

Operational Risk Control:The Key to Compliance Construction of Commercial Banks

GU Xue-ji

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Abstract

Operational risk is often ignored by academic department and banking industry,and are frequently generated in management process of Small and medium-sized joint-stock commercial banks, so it's a tremendous challenge for small and medium-sized joint-stock commercial banks to Control and prevent operational risks,which is related to the survival and development of medium-small Commercial Banks.Based on the specificity of operational risk,this paper analyzes the new challenges that commercial banks face and discusses the countermeasures of commercial banks to control operational risk.

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Operational risk is often ignored by academic department and banking industry,and are frequently generated in management process of Small and medium-sized joint-stock commercial banks, so it's a tremendous challenge for small and medium-sized joint-stock commercial banks to Control and prevent operational risks,which is related to the survival and development of medium-small Commercial Banks.Based on the specificity of operational risk,this paper analyzes the new challenges that commercial banks face and discusses the countermeasures of commercial banks to control operational risk.

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Available abstract

Operational risk is often ignored by academic department and banking industry,and are frequently generated in management process of Small and medium-sized joint-stock commercial banks, so it's a tremendous challenge for small and medium-sized joint-stock commercial banks to Control and prevent operational risks,which is related to the survival and development of medium-small Commercial Banks.Based on the specificity of operational risk,this paper analyzes the new challenges that commercial banks face and discusses the countermeasures of commercial banks to control operational risk.

Key concepts: Operational risk, Business, Risk management, Stock (firearms), Risk Control, Control (management), Finance, Operational efficiency

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