Research On Operational Risk Management And Control Of NT Financial Leasing Company

Financial leasing has both the advantages of financing and financing.It has developed rapidly since it was born in 1952 in the United States.It has become the most popular non bank financial form in the international community.China's financial leasing started after the reform and opening up,the industry scale has grown rapidly in recent decades,more and more financial leasing enterprises are born according to the situation.However,in terms of market penetration,there is still a certain gap between China and western developed countries,and the industry is still in the early stage of development,with some problems.The most concern of the society is the risk of operation of the finance leasing enterprises: because the development time of our financial leasing industry is short,the industry specific laws and regulations are not perfect,and the market environment factors and other factors have led to the management risk of China's financial leasing industry is lagging behind the developed countries,and the advanced and healthy degree is not enough.With the expansion of scale and the increase of business span,the financial leasing industry faces more complex and diverse business risks,and the existing risk management and control system is difficult to deal with perfectly.Therefore,in order to maintain a good development trend of the industry,in combination with the characteristics of the development of financial leasing in China,it is very important to establish and improve the risk management and control system of financial leasing operation in China by referring to the advanced risk management and control methods in the West.This paper takes NT financial leasing company as a case study,aiming to find out the problems existing in the management and control of the company's operational risk through analysis,find out the improvement measures,and put forward suggestions of reference value to the whole industry based on this.Firstly,this paper expounds the research background,the existing research at home and abroad,briefly introduces the characteristics of the financial leasing industry and the related concepts of business risk,and summarizes the COSO enterprise risk management framework which has an important guiding position in the world,so as to lay a theoreticalfoundation for the later analysis.Next,taking NT financing company as a case,after introducing the basic situation,it points out the main internal and external risks it faces at present.Based on the COSO risk management framework,this paper qualitatively analyzes the existing risk management measures of the company,and finds that there are some problems in the management and control of internal and external risks,such as imperfect organizational structure,insufficient personnel quality,untimely information communication,insufficient liquidity of assets,inadequate management and control of lease and collateral,and poor risk resolution effect.After that,we use the camels rating system to evaluate the company and further consider the business risk of NT company in a quantitative way.Finally,in view of the problems found,the paper puts forward some feasible measures,such as improving the internal structure,improving the level of employees,improving the information system,expanding the financing channels,improving the liquidity,strengthening the asset management,improving the risk resolution system,and combining with the actual situation,puts forward the overall suggestions suitable for the industry.