Study On Risk Control Of Trade Financing In Shenzhen Jiangtong Southern Company

With the acceleration of the process of world economic integration,the quantity and scope of China's foreign trade expand rapidly,and commodity trading enterprises develop rapidly.The safety and stability of trade financing directly affect the overall development of trade enterprises,and the risks of trade financing endanger the survival of enterprises.As a state-owned enterprise of commodity trade,the way of trade financing is more rich and diverse,and the risk of trade financing of state-owned trade enterprise is more complex and severe.Therefore,in-depth study of trade financing risk control can promote the sustainable and healthy development of enterprises.Based on a systematic review of the theory of overall risk management and internal control in trade finance,this paper takes the risk control in the trade financing of Jiangtong Southern Company as the research object.This paper systematically analyzes the financing mode and financing characteristics of Jiangtong Southern Company,and analyzes the main risks and risk control in the financing process of Jiangtong Southern Company.This paper summarizes the existing problems in the trade financing risk control of the company:(1)the credit risk management is not in place,the execution of credit evaluation is insufficient,and the concentration of credit risk is high.Lack of supervision over the whole process of goods flow.(3)lack of high-quality personnel for trade finance management in operational risk control,and lack of operability of financial derivatives management regulations.The unreasonable appraisal system leads to the lack of control of exchange rate and interest rate risk in the market risk control,and the unsound supporting of financial instruments for risk control.Finally,the author puts forward the countermeasures of improving the financing risk control of Jiangzhou-Copper Southern Company:1)strengthening the construction of internal control system of credit risk,strengthening the execution of credit evaluation,strengthening the management of accounts receivable.To improve trade financing credit risk control.2)to enrich the means of controlling goods price risk,to strengthen the whole process supervision of goods circulation to improve trade financing goods risk control.Establish effective derivative management system,establish scientific and reasonable performance evaluation mechanism to improve trade financing operation risk control.4)strengthen market research and establish scientific financing decision-making system.Make full use of various financial instruments to control risks in trade finance markets.