Heilongjiang Province YiFang Financing Guarantee Co.,LTD Guarantee Project Risk Management Research

Small and medium sized business(hereinafter “SMB”) has become an important part of market economy in our country. However, the bottleneck of SMB rapid development is the financing difficulties. In order to let more healthy development of SMB, It must solve the problem of financing difficulties of SMB.Therefore, an important bridge between financial institutions and SMB financing,credit guarantee institutions arises at the historic moment. With setting up a credit guarantee system, it has now become the indispensability part of a modern financial service system. Guarantee industry is a high-risk industry. It manages risk and undertakes responsibility. To achieve normal operation, rapid and healthy development, guarantee agencies must have effective management of the risk in guarantee.Heilongjiang province YiFang financing guarantee co., LTD, is a mixed ownership commercial financing guarantee institutions. It has run steady for five years. Its performance is outstanding. But there exists some shortcomings in risk management control. This article takes the method of theoretical analysis and empirical analysis, references the lessons from the advanced risk management theory at home and abroad. First of al1, It introduces the developing course of YiFang financing guarantee co., LTD, and then analyzes its facing all kinds of risk factors, sums up the problems and defects in the forecast in political and economic environment, business process, internal control system, personnel management. Finally it gives the countermeasures to guard against and dissolve the risk.First, reasonable avoid external risk, including: strengthening external risk prediction; innovative business resolve the same industry competition;strengthening the guarantee risk research object. Second, more measures avoids operation risk, including: guarantee business differentiation; establish capital supplement mechanism; establish capital risk compensation mechanism. Third,establish and perfect the internal control system, including: strengthening the concept of risk and risk management mechanism construction, rich management tools and to strengthen the system construction, improve the appraisal restraintmechanism, establish a risk transfer mechanism etc. Fourth, strengthen the construction of staff team, including: actively introduce high-quality talent;strengthen the staff quality education.