Research On Network Finance Default Risk Management Of Bank Of China M Branch

With the increasing development of science and technology,Internet finance has entered a new stage of development,and the emerging Internet technology industry has experienced the barbaric growth,reshuffling and market adjustment of the 1.0 era and tends to be stable,orderly and healthy development.In the process of the development of online finance,the student group of college students and above is an important customer group that various institutions pay attention to and compete for marketing.However,the risk problems of online financial business,especially for college students and above,are also becoming increasingly prominent,and financial credit risks,technical risks,default risks,and reputation risks in the context of the Internet are frequent.From the inability to rely on the current relevant laws and regulations to the improvement of relevant laws and regulations,from P2 P continuous "explosion" to the local crackdown on P2 P business,network financial risks have received more and more attention,how to prevent online financial business risks,especially the default risk under the new ecology has become a permanent topic in the financial industry,as the first professional branch of bank of China in the country should continue to innovate business development on the road of keeping up with the trend of network finance,while grasping the prevention and control of default risks.Taking the most representative online financial product of M Branch and aimed at college students,Youth E Loan Business,as an example,this paper proposes to put forward reasonable policy suggestions for the effective control of default risk in the development of Bank M Financial Business of Bank of China M Branch through a combination of theory and empirical methods.This paper first analyzes the theories of online finance,risk management,and online financial risk management,and then introduces the business development of M sub-branch,and analyzes the problems in risk management in the process of sub-branch development from the basic situation of sub-branch business,risk status and risk management.Next,the main reasons for selecting and citing MCLP models for empirical research are explained.Finally,based on the report data of Youth E-loan business,the MCLP model is used to conduct an empirical analysis of online financial default risk.The results show that the use of MCLP model has certain reference value for the management of default risk.Based on the empirical results and combined with the existing management methods and business development of the sub-branch,the following suggestions for the prevention and control of default risks in online financial business are proposed for the M sub-branch: establish a unified and standardized process,improve the management responsibility,improve the innovation mechanism of the online financial business,and improve the level of risk management.At the same time,M branches also need to cultivate more high-quality professionals,make more accurate pre-analysis of loan customers,and continuously strengthen the skills of existing employees in using selected tools for risk prevention and control and other big data analysis.Strengthen the risk prevention awareness of all employees through training,communication and other means,and minimize the impact of the default risk of the bank’s online financial business.