Research On Risk Evaluation Of GJH Consumer Finance Trust Project

With the continuous growth of the economic level and the improvement of residents’ consumption power,consumption,investment,and exports,which are driving the economic growth of the troika,the contribution of consumption to the economy is becoming more and more obvious.After the introduction of the "New Asset Management Regulations",trust companies have also been seeking innovative business transformation.As a funder in the market,trust companies are now increasingly entering the consumer finance market,opening up a new business model of consumer finance trust(referred to as "consumer trust").As the laws and regulations of the consumer trust market continue to improve,the scale of consumer trust is also expanding.In the face of huge market potential and numerous customers,the risk management of consumer trust projects is directly related to the development of this type of business.Using advanced technologies such as big data and anti-fraud systems to achieve a dynamic and elastic balance of risk management for the data source of the joint department has become the risk management goal of trust companies.Through reading the literature,this paper finds that there are few studies and analysis on the risk status of consumer trust.In order to explore the risk situation of consumer trust projects,this article uses the methods of expert investigation and case analysis,taking the GJH consumer trust project as the research object,after sorting out the project transaction structure,repayment arrangements,project operation procedures and risk control clauses,etc.Starting from the risk subjects and trading links,a risk assessment indicator system for the GJH consumer trust project was established,and the risk factors of the GJH consumer trust project were evaluated and studied using the analytic hierarchy process and fuzzy comprehensive evaluation method,combined with the broda order value.The weight ratio and risk score of each risk factor are given.Afterwards,according to the evaluation results,the risk prevention and control suggestions of the GJH consumer trust project were put forward in order to provide a certain reference for the risk management of such projects.The evaluation results show that the overall risk score of the GJH project is 5.25,and the risk is at a medium level.Among the first-level indicators,the consumer risk score is 5.678,the guarantor risk score is 5.567,and the counterparty risk score is 5.467.The risk levels of the above three first-level factors are all moderate;the trust company side risk score is 4.442 The risk level is small;the scores of legal policy risk and social risk are 2.869 and 2.6 respectively,and the risk level is extremely small.The first level of indicator risk weight is the consumer risk,with a weight of 0.3556,followed by transaction counterparty,guarantor,trust company side risk,legal policy risk,and social risk.Among the second-level indicators of consumer risk,credit risk has the largest weight of 0.58;followed by fraud risk,it is 0.31;and finally,moral risk is 0.11.Based on the evaluation results and project risk points,this paper proposes suggestions to strengthen loan approval and flow monitoring,increase risk warning indicators for counterparties and guarantors,and improve trust company risk management systems for consumer trust risks.It is hoped that through the research in this article,it can play a certain role as a reminder of the risk factors that the consumer trust project should focus on preventing and controlling,and provide an operable reference for the project risk evaluation.