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{"id":13889,"date":"2020-09-20T10:55:50","date_gmt":"2020-09-20T07:55:50","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=13889"},"modified":"2021-09-27T12:49:56","modified_gmt":"2021-09-27T09:49:56","slug":"actual-aspects-of-risk-management","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/actual-aspects-of-risk-management\/","title":{"rendered":"Tarasevych, N. Actual Aspects of Risk Management System in Banks of Ukraine"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>: G21, M11.
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V21(2020)-33<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]<\/p>\n

Tarasevych Natali\u0456a<\/strong>, PhD (Economics), Associate Professor of the Department of Banking, National Economic University, Odessa, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-2110-7320<\/a>
\ne-mail:<\/strong> nvt4364@gmail.com<\/a><\/p>\n

 <\/p>\n

Actual Aspects of Risk Management System in Banks of Ukraine<\/h2>\n

 <\/p>\n

Abstract. Introduction. <\/strong>The article discusses the main directions of organizing a risk management system in Ukrainian banks. In the process of creating effective banking management systems, it is necessary to ensure the optimal infrastructure of risk management. The current risk management mechanism requires improvement, taking into account the achievements of economic science, the real state and prospects of the development of banking, world experience.<\/p>\n

Purpose. <\/strong>The purpose of the article is to consider the main directions of the organization of the system – risk management of the bank, as well as the identification of the problems of formation and submission of proposals to improve the risk management system in banks of Ukraine.<\/p>\n

Results. <\/strong>The organizational and functional support of risk management in banks is investigated. It is determined that the banking risk management process should cover all structural levels of the bank – from the top management of the bank to the level at which risk is directly accepted. The main types of banking risks are considered: credit risk, currency risk, liquidity risk, interest rate and market risks. The main problems of the formation of the risk management system that the bank faces in the process of operating activities are identified. Among the current problems of risk management are the following: a low level of participation of bank supervisory boards in risk management, a lack of qualified personnel, an insufficient level of use of quantitative risk assessment methods, which can lead to inadequate assessment by banks of the level of riskiness of their operations; unprotected exchange of information between specialized branches of the bank. The main prospects for the development of risk management in Ukrainian banks are highlighted – this is the search for the optimal organizational structure that would organically include risk management at all stages of banking. Based on the analysis, proposals were made to improve the risk management system in Ukrainian banks: – high qualification of members of the risk management group; clear distribution of responsibilities in the middle of the group; confidence in personal responsibility.<\/p>\n

Conclusions<\/strong>. The solution of the main problems, among which there is a shortage of qualified personnel, a low corporate culture, a weak level of distribution of powers of collegial bodies and weak risk assessment methods, will make it possible to increase the efficiency of systemic management in banks, including in conditions of economic stability and stability of the banking system in Ukraine.<\/p>\n

Keywords: <\/strong>risk management; bank risk; risk management system; organization of risk management system; organizational and functional risk management provision.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Shvarc, O. V. (2011). Udoskonalennja instrumentariju upravlinnja aktyvamy i pasyvamy banku v umovakh finansovoji nestabiljnosti. Svit finansiv<\/em>, 4, 33-39 [in Ukrainian].<\/li>\n
  2. Zarutska, O. P. (2006). Upravlinnia ryzykamy \u2013 providnyi chynnyk finansovoi stiikosti vitchyznianykh bankiv. Finansy Ukrainy<\/em>, 3, 94-105 [in Ukrainian].<\/li>\n
  3. Prymostka, L. O. (2012) Finansovyj menedzhment u banku. Kiev: KNEU [in Ukrainian].<\/li>\n
  4. Prymostka, L. O. (2002). Analiz bankivskoi diialnosti: suchasni kontseptsii, metody ta modeli. Kiev: KNEU [in Ukrainian].<\/li>\n
  5. Ljubunj, O. S., Ghrushko, V. I. (2004). Finansovyj menedzhment u banku: navch.posibnyk. K. :Vyd. dim “Slovo” [in Ukrainian].<\/li>\n
  6. Uvarov, K., Kutsenko, O. (2005). Metodychni rekomendatsii shchodo orhanizatsii ta funktsionuvannia system ryzyk-menedzhmentu v bankakh Ukrainy: oriientyr na maibutnie. Visnyk Natsionalnoho banku Ukrainy<\/em>, 1, 60\u201363 [in Ukrainian].<\/li>\n
  7. Prymostka, L. O. (2007) Upravlinnja bankivsjkymy ryzykamy: navch. posibnyk. Kiev: KNEU [in Ukrainian].<\/li>\n
  8. Tarasevych, N.V., Lytvynenko, A.M. (2014). Antykryzove upravlinnia diialnistiu bankiv u suchasnykh umovakh\u044e. Ekonomika i orhanizatsiia upravlinnia, <\/em>1(17) \u2013 2(18), 281-287 [in Ukrainian].<\/li>\n
  9. Basel II: International Convergence of Capital Measurement and Capital Standards: a Revised Framework. Bank for International Settlements. Retrieved from: http:\/\/www.bis.org\/publ\/bcbs107.pdf.<\/li>\n
  10. Yehorycheva, S., Kolodiziev, O., & Prasolova, S. (2017). Actual Problems of the Ukraine\u2019s Banking System Capital Stability Management. Banks and Bank Systems<\/em>, 12(2), 60-67. http:\/\/dx.doi.org\/10.21511\/bbs.12(2).2017.06.<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 09 June 2020<\/p>\n

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    Tarasevych, N. (2020). Actual Aspects of Risk Management System in Banks of Ukraine. Modern Economics<\/em>, 21(2020), 213-218. DOI: https:\/\/doi.org\/10.31521\/modecon.V21(2020)-33.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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    [vc_row][vc_column][vc_column_text] JEL Classification: G21, M11. DOI: https:\/\/doi.org\/10.31521\/modecon.V21(2020)-33 [\/vc_column_text][vc_column_text] Tarasevych Natali\u0456a, PhD (Economics), Associate Professor of the Department of Banking, National Economic University, Odessa, Ukraine ORCID ID: 0000-0002-2110-7320 e-mail: nvt4364@gmail.com   Actual Aspects of Risk Management System in Banks of Ukraine   Abstract. Introduction. The article discusses the main directions of organizing a risk management system
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