Research On The Optimization Of Credit Risk Control System Of Z Small Loan Company

China started the small-scale pilot of commercial small loan companies in 2005,and expanded the pilot to the whole country in 2008.Since then,China’s small loan industry has entered a stage of rapid development,and reached its peak in 2015.In recent years,the development of China’s small loan industry has slowed down and entered the adjustment stage.Since the outbreak of novel coronavirus pneumonia in 2020,China implements loose monetary policy,the central bank has released water,the large financial institutions inclusive financial business has increased rapidly,and the business of commercial banks has sinks,which has squeezed the original business space of small loan companies.The original high-quality customers have been moving from small loan companies to banks.On the other hand,since 2020,the supreme law has promulgated new regulations on private lending.In recent years,the high-risk customers who originally belong to the category of private lending enter the business scope of small loan companies,which further increases the credit risk of small loan companies.In the post epidemic era,small loan companies need an effective risk prevention and control system to reduce the risk of credit business and ensure the quality of credit assets.This paper refers to the research results of domestic and foreign small loan companies on the composition of credit risk,influencing factors of credit risk,credit risk assessment and credit risk response.Taking the credit risk of Z small loan company as the research object,this paper analyzes the current situation of credit risk management through three indicators: loan concentration,non-performing loan ratio and provision coverage ratio,and finds out the problems of high non-performing loan ratio,high loan concentration and low provision coverage ratio in the credit risk prevention and control of Z small loan company.Through the risk analysis of operation level,system level,risk management level and personnel management level,and supplemented by typical case analysis,the real reason of the problem is found out.Combined with my working experience in Z small loan company,using the theory of internal control and comprehensive risk management,from the establishment and improvement of credit system,optimization of business process,adjustment of business strategy,innovation of risk identification and evaluation methods,construction of three lines of defense of risk prevention and control,and establishment of anti fraud mechanism,this paper puts forward risk prevention and control optimization measures from multiple angles and levels.And from the establishment of risk management culture,establish risk awareness,optimize the governance structure and personnel allocation,establish risk management and performance incentive mechanism and other aspects of the supporting safeguard measures.The research of this paper has a positive role in promoting the prevention and control of credit risk of Z small loan company,and can also provide some reference for other small loan companies of the same type to improve credit risk management.