Summary of College Student Banking Internship in 2019

Internship is a process and it is an experience for me. The process means harvesting, gaining knowledge, experience and friendship. Experience means starting, starting a new career and a journey of life! Therefore, it is necessary to make a summary of it, to know the new, to inherit the past, to end the internship in the construction bank in March, and to lay a solid foundation for the new starting point.

The whole internship is divided into three stages: in the first month, in the General Branch and Clearing Section of the Accounting Department of the Municipal Branch, starting from reading the accounting system and compiling the financial statements, focusing on understanding the basic accounting system of CCB, accounting related processes and operation modes, and The basic system and related procedures for the public payment and settlement business; the following month, in the branch office and the silver department of the Yuzhong branch, starting from the process of understanding the various major assets and liabilities business, we will focus on understanding the internal control degree of CCB in the specific business process design. The embodiment and application of the credit business process and the risk control measures of each link; in the last month, at the Guanyinyan branch office and the Yuzhong branch business department, through the accounting, review, exchange, credit, cashier, personal The management of counter-related positions such as wealth management, bancassurance and banking licenses has more direct observation of the workflow of various businesses, especially accounting, as well as the daily operations of CCB's grassroots branches, and the experience of the Guanyinyan branch of the successful transformation. The order and efficiency brought about by an effective system. During the period, he also participated in the mid-year work conferences of the bureaus, corporate governance of financial institutions, new accounting standards, and three modules. He broadened his horizons, increased his knowledge, and also had a preliminary outline of banking supervision.

During the internship , the subprime mortgage crisis has intensified. From the "two rooms" hosting to the giant Lehman crashing down, the financial tsunami that originated on Wall Street is rapidly sweeping the globe. Although benefiting from the fruitful work of the China Banking Regulatory Commission, especially the counter-cyclical construction advocated and guided, China's banking and financial system has generally maintained stability and “immunization” against the subprime mortgage crisis. However, under the cover of the world, in the international environment of global economic integration and financial borderlessness, it is difficult for China's banking financial institutions to be completely independent: the four major banks have invested in subprime losses, and more worrying is that China's financial The industry is facing a rapidly deteriorating external macroeconomic and financial environment, and the operating environment has suddenly deteriorated. At present, the credit risk brought by the adjustment of the real estate industry, the decline of the real economy and the huge profit margin of the policy are already imminent. Xiao Yan. Zhang Ruimin's success cheats are “learning from failure, learning from success, learning from competitors”. The subprime mortgage crisis provides us with a mirror to check and improve China's financial supervision system. Therefore, thinking about how the US national banking supervision has failed, and how to improve the effectiveness of China's banking supervision has been running through the internship process.

Although there are many reasons for this financial turmoil, such as the long-term accumulation of advanced consumption, the distortion of the incentive system in the financial sector, the moral hazard and fraud that are common in the field of financial innovation, and the insufficient disclosure of off-balance-sheet business information, etc. The fact that the authorities have not prevented the emergence and spread of these phenomena is the source of the problem. On the one hand, financial innovation is a double-edged sword, which brings huge risks while bringing market efficiency. The regulatory system has not kept pace with financial innovation. Under the circumstance of excessively believing in the market's self-regulatory ability, the balance between safety and efficiency has not been handled. Regulators not only do not strengthen risk prevention in information disclosure, but also make financial derivatives not only free from financial supervision, but also lack effective market supervision; and lack of in-depth research on innovative products, especially for systemic risks. The products are not sufficiently valued and there is no in-depth analysis and evaluation of the hidden dangers that these financial derivatives may pose to the regulatory system. On the other hand, regulators lack incentives for comprehensive and strict supervision, because the implementation of strict risk management procedures will increase compliance costs, thereby reducing the competitiveness of the domestic financial industry, while allowing some financial institutions to move some of their businesses to certain areas with loose regulations. Transfer.

In China, the assets of the banking industry account for more than 90% of all financial assets. Economic growth depends to a large extent on the sound operation of the banking financial system. Through the internship , the new development of international banking supervision theory, the experience and lessons of foreign banking supervision exposed by the subprime mortgage crisis, and the study of the historical status of China's commercial banking supervision, combined with the internal control of CCB, especially related high-risk business The understanding of the workflow and the main risk-related measures; I realized that although the current banking supervision has made great achievements, but there are also many defects and deficiencies, it is necessary to improve and improve. First of all, the new banking supervision concept and the use of technology, although the regulatory concept has gone from heavy market access management to heavy continuous supervision, re-regulatory supervision to risk supervision as the center, emphasis on external supervision to emphasize bank internal control, but these The concept needs to be effectively applied in practice. There is still a need to improve off-site supervision technology, risk identification technology and credit derivatives supervision technology. Secondly, the improvement of the financial supervision system, the current PBC and the bank supervisor have unclear aspects of the supervision of the main body. With the financial holding companies, bancassurance, bank certificates and foreign banks entering, mixed operations have emerged and will become the development trend of the financial industry. The boundaries of traditional financial sub-markets have been weakened, and cross-market financial products are becoming more and more common. Therefore, cross-sectoral regulatory coordination and regulatory cooperation are becoming increasingly important, and better and closer regulatory coordination and cooperation between different regulatory authorities is imperative. Third, improve the quality of information supply. Information is the key to determining the effectiveness of supervision. Insufficient supply of information will result in high cost and low efficiency of supervision. At present, there is a phenomenon of information disclosure system with inconsistent information and inconsistent information disclosure and distortion of information disclosure. The low quality of information will directly affect direct regulation and the effectiveness of regulation through informal channels such as markets, intermediary organizations and mass media. Fourth, the overkill should not be too positive, nor can it be squandered. In the shadow of the subprime mortgage crisis, people are more concerned about financial security, but they cannot weaken the profitability of banks as special enterprises that operate currencies. Both theory and practice must be both efficient and stable, and improve the effectiveness of supervision in the balance between the two. The subprime mortgage crisis has provided us with a good opportunity to strengthen ourselves and enhance our voice in the international financial arena. We should further deepen the reform of financial enterprises, promote the establishment of a modern enterprise system, improve the internal governance structure, strengthen risk management, improve risk management capabilities, and strengthen the core competitiveness of the financial system. The most important thing is to form a stable long-term development strategy, and on this basis, form a corporate vision and corporate culture with its own characteristics, which is the foundation of a bank's success or failure and whether it can last forever.

The supervision of commercial banks requires supervisors not only to be familiar with the internal control mechanism and information technology system of the regulated institutions, but also to have good financial, accounting, legal and other professional knowledge, so as to be reasonable, reliable and effective for the risk management system. The degree of risk of sex and commercial banks is checked and judged. On the one hand, after the completion of the internship , on the one hand, we must continue to strengthen the study of basic theory, first of all, the study of financial theory such as commercial banking theory, financial innovation theory and banking supervision theory, and make up for the inherent deficiency of theoretical knowledge in certain specialized fields as soon as possible; followed by accounting The theory and accounting business should further enhance the ability to analyze and judge financial statements and discover problems from the internship ; finally, the legal expertise, strengthen the study and research of China's banking supervision laws and policies, and improve policy understanding and Grasp the ability. In addition, the development of financial markets and technological advancement have brought a lot of new knowledge, new management technologies and new products. Only through continuous learning can supervisors adapt to the development of the banking industry and implement effective supervision. Therefore, learning should become my future. Part of your daily work, actively participate in a variety of formal and informal training. On the other hand, I hope that I can get exercise in practice and constantly improve the professional qualities and abilities that must be possessed by supervisors, and strive to become qualified bank supervisors as soon as possible.

In short, from the initial commercial banking and bank supervision of the prospective foreigners, to the current understanding of the bank's product structure, business processes and internal control, a preliminary understanding of the necessity and effectiveness of banking supervision, it can be said that three months of internship It has achieved the desired goals and will surely become a solid foundation for future work.