Research On Risk Management Of Hebei R Guarantee Corporation

With standardization of national policies and government regulations for the financing guarantee industry,the financing guarantee corporations have developed rapidly,which effectively alleviated the fund raising difficulties of small and medium-sized enterprises.But the financing guarantee corporations operation still face huge risks and challenges,due to the imperfection of current national credit system& risk management regulations,as well as the own limitation of small and medium-sized enterprises.In recent years,a large number of risk cases have occurred in the financing guarantee industry.The frequent occurrence of capital chain-breaking incidents and the rise of illegal and criminal cases indicate that some financing guarantee corporations still have problems such as lack of internal control mechanism and illegal operation.The financing risk of the guarantee industry is still severe.According to the current situation,the research on risk management system has an important practical value.At present,the financing guarantee company is in a crisis.The urgent problem to be solved is how to improve the risk identification ability,strengthen risk control,and vigorously resolve the risk of financing guarantee business.Based on this background,combined with the financing guarantee concept and risk characteristics,and function of risk management,this paper outlines the economic and social background,development process,current situation,practical difficulties and business risk categories of financing guarantee industry.Based on the theories of traditional risk management,comprehensive risk management,game theory and information economics,this paper takes Hebei R Guarantee Company,which is currently facing special risks,as an example.Firstly,it summarizes the company's basic situation from the aspects of company profile,business types and business processes,then reveals the company's risk events,and further analyses the current problem from five aspects: the limitation of the company's risk assessment and prediction mechanism,the weak ability of risk control in business practice,the weakness of comprehensive risk management control by the risk control department,the frequent occurrence of violations of laws and regulations,and the weakness of counter-guarantee measurements.Secondly,to explore the root cause from the five perspectives,which are the slow construction of credit evaluation system,the lack of awareness and ability of business personnel to identify risks,the lag of traditional risk control review and approval mechanism to the needs of real economic development,the blind expansion to the pursuit guarantee volume,and the repeated game of revolving reverse lending business.Thirdly,by comparing the experience of risk management in China and abroad,considering the problems and causes of the company's risk management,the paper design the program to improve its risk management system,which is systematically studied from five aspects: forecasting risk,perceiving risk,preventing business risk,avoiding legal risk and constructing risk sharing and resolving mechanism.Finally,it puts forward that we should attach importance to the dynamic management of talents and build a team of employees with both ability and morality as the core strategic measures.We should implement the organizational design,implementation procedures and rewards and punishments of optimization measures,as well as the implementation of the improvement scheme of risk management system.The research perspective and content of this paper are innovative,which can be used for reference in regulating the risk management of financing guarantee industry.It is hoped that through the analysis of risk management of Hebei R Guarantee Company,it can play an active role in risk prevention and control of Hebei R Guarantee Company and other guarantee companies,thus helping to improve the level of risk management.