Yariyev S. Financial Market Instruments in Bank Risk Management

The thesis is devoted to deepening scientific developments in theoretical and practical aspects of the use of financial market instruments in risk management of banks in Ukraine. In this work, deepening the disclosure of the essence of hedging, features of its use for risk management of the bank at the present stage are shown. The main risks of the bank and their management measures are determined. Derivatives are identified as key instruments of the financial market in risk management of the bank. The risks of dealing with banks in Ukraine, their main parameters and characteristics are investigated. The financial market instruments that can be used to manage them are offered. The experience of using derivatives with banks in developed economies based on the USA is analyzed. The directions of improvement of the regulatory framework in Ukraine concerning the functioning of the risk management system of banks are substantiated. The use of integrated risk management model, which takes into account the influence of positions on derivatives on the volume of potential losses of the bank, is proposed. The directions of adaptation of domestic risk management systems to the best international practices are revealed.