A Research On Risk Management Of The Guarantee Project In CHD Financing Guarantee Company

Recent years, with continuously improvement of relevant laws and regulations, there is a boom in China’s financing guarantee industry; besides, many research theories for the risk management in guarantee projects have been brought up. However, in the real business of those financing guarantee companies, there are still lots of loss events result from unperfect project risk management. the decision-making of many guarantees projects are not scientific, some of them even make their descison by a whim. The author now works in Sinkiang, from where one can enjoy the rapid economic development caused by the national policy; on the other hand, it also reveals the shortcomings of the guarantee project risk management way. Financing guarantee industry belongs to high risk industry, any unsuitable decision in the risk management could result in serious consequences, so how to control the risk of one guarantenee project is in a priority for all.This essay is based on the analysis of research status at home and abroad about the guarantee project risk, combining the current financing guarantee industry development in Sinkiang region with the real case from CHD company. It takes the risk assessment and control theory as an instruction, gives a research on the CHD company financing guarantee project risk management method, and has carried on the empirical research. In this eassy, the author applies the documentary method, the Delphi method, the questionnaire survey method, the pairwise comparison method, and the analytic hierarchy process(AHP) to build the risk assessment system from the financial risk index, enterprise basic management risk, market risk, the external environment risk, credit risk and other risks. In order to quantify the risk assessment easily, the essay also puts forward the evaluation index of various risks respectively, including financial risk index, the enterprise basic management risk and market risk evaluation index whose evaluation index is five; the external environment of risk, credit risk and other risks evaluation index whose evaluation index is three. In addition, the author researches the weight and value for every index. In financing guarantee project, the higher the risk assessment score are, the greater the project risk are, and vice versa. At the same time, it puts forward corresponding risk control strategy through combining the COSO risk avoidance, risk reduction, risk dispersion and risk retained with assurance application, risk evaluation, contract signing, after assurance supevision.Although this essay’s research result is on the basis of CHD company, it is typical in Sinkiang region. In real businessand, it is practical and instructive and can make reduction for the risk management and control.