Research On Risk Management Of HD Finance Company's Bill Business

The bill market is an important part of the money market.With the deepening of financial and economic reform,the bill market has not only played the role of payment and settlement,but also carried out its credit and financing functions.From the current situation,the state has given considerable policy support to the bill business carried out in the money market.More and more financial institutions are competing to participate in the bill market,which leads to the rapid development of the bill market,but at the same time,the risk is also accompanied by risks.If the financial institutions are not strict in controlling the risk of negotiable instruments,it is easy to take a larger risk of negotiable instruments.The bill cases in China's market have sounded the alarm for financial institutions.It is urgent to strengthen the risk management of bill business.A financial company is a financial institution approved by the Banking Regulatory Commission and established by a company with sufficient economic strength.It is quite different from other financial institutions such as banks.Judging from the current situation,in the entire economic environment of China,many large-scale enterprise groups have their own financial companies,which are used as internal banks of the entire group company to ensure the normal operation of the funds of the enterprise group.At present,statistics show that the number of these financial companies in China alone has reached 247,and the amount of funds involved is very large.The bill business is one of the important credit businesses carried out by the finance company and an important part of the capital chain of the enterprise group.The health of the bill business is related to the operation of the finance company's funds and even the entire group's funds.Based on this,it is necessary to formulate relevant measures in advance to block the loopholes in the risk management of the billing business of the finance company,strengthen the risk management of the bill business,and achieve better service for the group members,and the purpose of strengthening the group is this article.The starting point.Based on the related theories of finance,statistics and management,this paper draws on the study of the theory of bill risk by domestic and foreign scholars,and combines the comparison with the induction method.This paper takes the risk management of the billing business of HD Finance Company as an example.Firstly,it introduces the connotation of the bill and summarizes the various risks and risk management theories in the bill business.Secondly,it passes the bills of HD Finance Company.Business Qualitative and Quantitative Analysis,pointed out the specific problems of HD Finance's bill business in terms of operational risk,market risk,credit risk and compliance risk;then,analyzed the problems of HD Finance's bill business risk management Causes;Finally,the optimization strategy is proposed from four aspects: operational risk management,market risk management,credit risk management and compliance risk management.Through the study of the risk management of HD finance company's bill business,the paper thinks that the risk management ability of HD finance company's bill business should be improved by strengthening the operational risk management,market risk management,credit risk management and compliance risk management of HD finance company' bill business.the research results can provide suggestions for the risk management of HD finance company's bill business,and have certain reference value for the risk management work of other finance company bill business.