Under the current severe economic situation, it is very realistic and necessary for financial institutions to carry out risk education and construction activities aimed at compliance management and risk prevention. Especially for rural credit cooperatives, its practical significance is far-reaching. According to the author's grass-roots work practice for many years, in order to achieve "compliance management", rural credit cooperatives need to focus on the "five ones" project, that is, establish an idea, build a management framework, formulate a good system, innovate a set of compliance risk management tools, and build a set of compliance prevention system. It is recommended to read the Bank Weekly: the credit card rate is brewing to lower the payment industry or welcome the cold winter banking industry 20 1 1. Eight star stories 20 12 added 8 trillion credits, and the expected income of wealth management products in the industry exceeded 5% across the board. Bank card swipe rate is brewing to lower interest rate marketization or make banks earn less than half. Retired aunt entrusted credit card to be cheated. 470,000 Wang Xun credit card channel was officially launched to establish the concept. That is to establish the concept of compliance management. At present, the lack of awareness of compliance management is still a shortcoming of rural credit cooperatives, which is mainly manifested in the following aspects: the concept, awareness and culture of compliance have not yet fully penetrated into the thoughts of managers and all employees at all levels, and some rural credit cooperatives have vague understanding of compliance, compliance risks and compliance management, and their thoughts are not paid enough attention, and there are deviations in their actions. For example, the instructions of leaders override the rules and regulations, and "rule by man" replaces "rule by law". Another example is that a few leading cadres have wavered in their ideals and beliefs, their style of work is not correct, and even corrupted, which has led to the continuous occurrence of major cases in rural credit cooperatives in recent years, seriously affecting the image of rural credit cooperatives. Therefore, in order to achieve compliance management, we must first start with understanding, unify the ideological understanding of cadres and employees of rural credit cooperatives to compliance management, integrate the concept of compliance management into the thoughts of every employee of rural credit cooperatives, embody it in every management system, implement it in every business transaction, and internalize it in every employee's daily behavior. On this basis, a clear risk management strategy is formulated according to the risk concept to guide the orderly development of risk management. Build a compliance management framework. Rural credit cooperatives should learn from the experience of commercial banks, establish an independent compliance management framework, set up a compliance management department, and perform compliance management duties. When establishing the compliance management framework of rural credit cooperatives, we should pay attention to three points. First, the independence of the compliance function is a necessary prerequisite. Compliance department must be independent of business department, financial department, internal audit and discipline inspection and supervision department. It is necessary to clarify the division of responsibilities between the compliance department and other internal control departments, and their other responsibilities shall not conflict with the compliance management responsibilities, so as to reduce the risk of failure of compliance management due to conflicts of interest. Second, the compliance management department and the risk management department should establish a cooperation mechanism for compliance management. The Compliance Department pays more attention to comprehensive compliance risk management beforehand, and the Risk Control Department is mainly responsible for risk management in the business process. Compliance management department and risk management department should be independent and effective. The third is to select personnel with high professional quality, corresponding technical qualifications and business ability to enrich the compliance management team and cultivate and bring up a high-quality professional team. Develop a good compliance management system. For a long time, compliance risk management of rural credit cooperatives lacks a unified, complete, comprehensive and scientific supervision system and operating procedures. Many regulations are rough, rough and vague, lacking operability and poor execution. Therefore, rural credit cooperatives should sort out the original system, formulate the compliance risk management process and effectively implement compliance management on the basis of the Guidelines on Compliance Risk Management of Commercial Banks and the Guidelines on Three Laws and One Policy. The new compliance risk management process should have "three characteristics". First, be practical. When formulating rules and regulations, it is necessary to be targeted and specific to people, and the positions of loan approval, issuance, management and supervision should be set separately, and a management mechanism of separation and checks and balances between front desk, middle desk and back office should be established and improved to promote credit management from extensive to refined. The second is comprehensiveness. The new compliance system must cover all customers, products and services, as well as the behaviors and ethics of all employees, so that compliance management and control can cover all aspects of work and establish a well-defined, orderly and binding compliance system guarantee system. The third is operability. The compliance system should be closely integrated with the actual work, which is easier to operate in practice and refuses to copy other commercial banks. Introduce and innovate a set of compliance risk management tools. In compliance management, rural credit cooperatives should learn from the experience of commercial banks, introduce and innovate a set of core tools for compliance risk management, and avoid operational risks. When introducing and innovating the core tools of compliance risk management, we should pay attention to three points. First, standardize the business innovation process, conduct compliance audit and risk assessment before new products and new businesses go online, ensure that products have systems and operational processes first, and effectively avoid compliance risks. The second is to strengthen the innovation of internal control management and constantly introduce new systems and methods to strengthen compliance management. For example, actively explore the establishment of a credit rating system suitable for different customer characteristics such as farmers' loans, small and micro enterprise loans, enterprise project loans, and large enterprise loans, and gradually establish an internal rating system that covers all businesses, comprehensively, accurately and timely reflects the dynamic changes of risks, improve the ability to identify and analyze credit risks and market risks, and improve the quality of loans. The third is to introduce advanced risk management tools such as risk rating, risk pre-control, portfolio analysis and various risk mitigation technologies to form effective support for compliance management. Build a risk prevention and control system. An effective method of compliance management is to take precautions beforehand. In order to prevent in advance, the key is to establish four systems. First, establish a compliance management education system. Rural credit cooperatives should carry out a variety of learning and education activities in accordance with the requirements of the "Compliance Implementation Year", especially analyzing cases of illegal operations around them, tempering the ideological realm of the employees of credit cooperatives, improving their risk awareness and business level, and truly transforming the concept of compliance management into practical actions of compliance management. The second is to establish a compliance culture system. In specific work, we should adhere to the people-oriented principle and advocate flexible management. Pay attention to humanistic care, constantly inspire employees' enthusiasm, creativity and spirit of unity and cooperation, and create a compliant business atmosphere. Strengthen gratitude education, increase employees' sense of belonging, and enhance employees' initiative in compliance behavior. The third is to improve the audit supervision system. Audit supervision should not only supervise the authenticity of business operation, but also effectively supervise the compliance of employees, covering all aspects of rural credit cooperatives' business and leaving no dead ends. At the same time, establish corresponding punishment measures, incorporate compliance management into the assessment, and mobilize the enthusiasm of employees for compliance management. The fourth is to establish a social supervision system. By setting up suggestion boxes, supervision posts, telephone numbers for reporting complaints and websites, all sectors of society are allowed to participate in evaluating the professional ethics and compliance of credit union employees, so as to promote the compliance, effectiveness, smooth and sustainable development of the whole management work. (Author: Xichuan Rural Credit Cooperative Association, Henan Province) Disclaimer This article only represents the author's own views and has nothing to do with Hexun.com. Hexun.com is neutral about the statements and opinions in this article, and does not provide any express or implied guarantee for the accuracy, reliability or completeness of the contents. Please take full responsibility for readers' reference only.