YX Company P2P Network Credit Risk Management Research

With the rapid development of Internet financial by leaps and bounds,P2P network credit platform with its low threshold,high yield and convenient to operate,and other advantages favored by investors,it is good to meet the financial needs of investors,but also for many cannot get loan from Banks and other credit institutions of the issuer provides a new financing channels,largely fills the blank part outside of the bank to meet the market demand.But the P2P network the development course of credit in our country is shorter and immature,there appear a lot of problems,this leads to a platform platform risk outbreak,often get caught up in a platform to run volume,P2P network platform lending risk control become the topic of public concern.Based on the existing risk management and control system of YX company,the paper completes the further construction optimization of the company's risk control system based on the existing risk management and control system of the company.In this paper,the related concepts and theoretical basis are summarized,and the related literatures in China and abroad are reviewed in detail.Secondly,the paper analyzes the risks faced by YX company,including five kinds of risks: operation risk,credit risk,liquidity risk,legal risk and other risks.At the same time,the present situation of the company's risk management system is described.(2)credit rating;(3)quality assurance services;(4)other safeguards;In this paper,the existing risk management system is analyzed,and the following points:(1)the risk management mechanism is not perfect;(2)imperfect internal control system;(3)lack of transparency in company information;(4)lack of risk management culture.Finally,some countermeasures are proposed for the risks and management of YX P2P network credit:(1)perfect the risk assessment mechanism;(2)optimizing the internal control system;(3)enhance self-transparency;(4)improve the management level of the company.The virtuous development of the P2P lending platform need relatively complete risk management system,this article through to the YX company P2P network analysis of credit risk management system,in view of the insufficiency of its put forward the corresponding policy recommendations,to further reduce operating risk,the platform is of great significance to push the company forward,the managers of lending to other P2P network platform to improve its risk control system have played an important role as a reference,to promote the further development of P2P lending industry has a certain theoretical and practical significance.