Research On Risk Management Of Automobile Finance Leasing Company

In recent years,the growth momentum of the whole automobile market continues to weaken,and the profit margin of automobile net sales is shrinking.On the other hand,consumers put forward higher requirements for automobile consumption,gradually expanding from a single purchase level to a complete industrial chain service.The automobile financial leasing business involves many links of the automobile industry chain,which can not only provide a new profit point for the automobile industry,but also meet the individual needs of consumers and provide new car purchase options.However,in the actual business process,automobile financial leasing companies have some phenomena,such as lack of risk control technology,unscientific risk management methods and so on,resulting in high overdue rate in the industry in the past.The problems in risk management of automobile financial leasing companies have seriously hindered the development of automobile financial leasing industry.Therefore,how to strengthen the risk management of financial leasing business is an urgent task for automobile financial leasing companies.This paper selects HT financial leasing company as the case study object,using literature research and case analysis methods,combined with information asymmetry theory and internal control theory to study the risk management of HT financial leasing company.First of all,combined with the company's business model,starting with the five elements of internal control,this paper analyzes the current situation of the company's risk management,in order to find the problems existing in the risk management of HT financial leasing company.Due to the lack of professionals,the lack of initiative and execution in risk management,the difficulty in post-lease management and the lack of effective implementation of the liability system,HT has unreasonable organizational structure in risk management,human resources system is restricted,quantitative risk control capacity is insufficient,project risk identification can not be effectively implemented according to the standardized process,lease management is single,and post-lease supervision is insufficient.Audit supervision did not pay enough attention to related issues.In view of the above problems,this paper puts forward some suggestions for HTto optimize risk management: to create a good internal control atmosphere by optimizing the company's organizational structure and improving human resource management,and to put forward a variety of measures to improve the risk identification mechanism and risk assessment system.In addition,the company can improve risk management by introducing guarantee mechanism,expanding used car exit channels and optimizing rent collection system.In the aspect of information and communication,we should strengthen the information construction,launch the risk joint control mechanism,and set up the audit supervision committee in the supervision environment,so as to improve the effectiveness of supervision.It is hoped that the research of this paper can help HT to improve its risk management ability,so as to improve the robustness of HT's operation.At the same time,I also hope that this paper can bring practical and effective help for the sustainable development of similar enterprises.