Study On Commercial Vehicle Loan Risk Management Of FAW Automobile Finance Co., Ltd

China’s commercial vehicle sales have a certain amount of volume,and the demand for vehicle loans has increased.However,due to the difficulties of commercial vehicle risk management,various financial entities are basically in a wait-and-see stage and cannot fully meet the commercial vehicle loan demand.This study helps to analyze the operational risks and credit risks of FAW Financial’s commercial vehicle loan business,including the current status and causes of the various risks.It proposes solutions from the three levels of culture,technology and risk disposal,which is beneficial to FAW Financial’s commercial vehicle loan business.The purpose of this study is to systematically analyze the problems existing in the risk management of the commercial vehicle loan business of FAW Automobile Finance Co.,Ltd.,and to make specific recommendations for improvement so as to achieve the objective of enhancing the overall risk management level of the commercial vehicle loan business of FAW Car Finance.At present,FAW’s commercial vehicle loan risk management methods are mainly reflected in the pre-lending review,loan-to-government supervision,post-lending tracking,and so on,which have achieved relatively satisfactory results.In general,through the management of pre-lending,lending,and post-lending,FAW Finance has a lower risk of commercial vehicle loans,but it also has to admit that there are still certain problems.FAW Financial’s commercial vehicle business is a wind vane of the industry.It has some characteristics of leading industries in terms of risk control,product flow design,etc.In particular,the operational business has not experienced large-scale real-world risk events so far,indicating that FAW Finance is The risk management and control have certain capabilities.Personally I think the main reason is that FAW Finance has a good corporate culture and has trained a group of high-quality talents,but it does not mean that FAW Finance has no problems in risk management.Personally think that FAW Financial’s commercial vehicle business has some problems in the risk management culture,management and control technologies and disposal methods.The research pointed out that FAW’s financial commercial vehicle loan risks include credit risk,operational risk,moral hazard,and reputation risk.FAW Financier’s commercial vehicle loan risk management still has some problems.In the risk management culture construction,the risk management culture is mainly biased,the business department does not recognize,and risk management training is missing.In terms of risk management techniques,it is mainly due to the backwardness of risk management technology and unscientific assessment mechanism.In terms of risk disposal,there are hidden risks in the business operation model.A complete and effective post-lending management system has not been formed,and risk disposal personnel cannot meet the development of commercial vehicle loan business.For this purpose,this paper proposes the risk prevention measures for FAW Financial’s commercial vehicle loan.In the aspect of creating a risk management culture,it is proposed to strengthen management-level attention,encourage business units to identify,regularly manage risk management,and regulate risk culture.In the area of risk management measures,a risk management team has been proposed to explore risk management methods.