Research On Risk Control Of Netw Ork Lending Business Of LJF Company

In recent years,P2P(Peertopeer's abbreviation)network lending has rapidly emerged as a new type of Jinrongmoshi.The rise of the P2P network lending platform has established direct trading channels for investors and borrowers,innovated investors 'investment direction,and reduced borrowing costs for borrowers.This shows the essence of P2P online lending"Internet+Inclusive Finance" and caters to the development d:irection of Jinrongshichang today.Compared with commercial banks and private loans,there is a clear victory.However,against the backdrop of increased competition in the industry,the number of closed,transformed or closed platforms is increasing dramatically.While a large number of platforms exit,there are also some latecomers still choose to enter the industry.After the initial regulatory gap and brutal growth period,with the deepening of the P2P network lending industry,the industry has gradually entered a new period.Many platforms with poor operating conditions and poor risk control capabilities have shrunk or even exited the capital market,while some platforms with sufficient funds and unique risk control capabilities have gradually emerged and have a large number of customers.Therefore,effective risk control is the most important reason for the growth of the network lending platform.LJF(formerly LJS)is the investment and financing platform of Ping An Group.Although its network lending business is already in the top position in China and its security rating is at a high level,the company's network lending business still has some problems in risk control.Therefore,how to perfect the risk control system of network lending business plays an important role in the healthy development of LJF.This article is divided into six parts.The first part is the introduction.It expounds the background and significance ofthe research,the current research situation at home and abroad,the research ideas and research methods,and the research innovation and characteristics.The second part is the theoretical overview of P2P network lending business and risk control.First,the concepts,characteristics,roles,and types of risks related to P2P network lending are introduced.Then the related theories of risk control are elaborated.These include comprehensive risk management theory,information asymmetry theory,reverse selection and moral hazard.The third part is the development status of the network lending business of LJF company,and analyzes the development status of the P2P network lending business in China,the basic situation of LJF company,and the situation of LJF company carrying out network lending business.The fourth part summarizes the present situation and problems of the risk control of the network loan business of LJF.It includes the organizational structure of risk control,pre-loan risk control,loan risk control,and post-loan risk control.Finally,it expounds the problems in risk control.For example,the authenticity and integrity of customer data are difficult to guarantee,the disclosure of company information is not transparent,the third-party guarantee is not independent,the continuity of customer proper management is insufficient,the control of the loan term is neglected,and the internal and industrial supervision of the company is insufficient.The fifth part puts forward some suggestions to improve the risk control system of LJF's network lending business.This includes measures to improve customer data and achieve information sharing,implement information disclosure regulations and introduce third-party audits,guarantee the independence of guarantee companies,strengthen the continuity of customer proper management,strengthen the control of loan terms,and strengthen internal and industry supervision.The sixth part is the conclusion of the research and the lack of research and prospects,and summarizes the research results of this article,and the future research of the lack of research.The innovation and characteristic of this article mainly lie in:First,the research angle has new ideas.At present,the risk control analysis of network loan business is mostly from the macroscopic point of view.This paper analyzes the network loan business of a specific P2P company from the microscopic point of view.On the basis of expounding the risk control system of its loan business,it finds out the problems that still exist in the risk control system and puts forward corresponding suggestions.Second,the research content of this paper is targeted.Because the network lending business has a short time in China,there is a lack of risk control studies and individual case studies,and the domestic and foreign research on the risk control of the network lending business and the proposed control methods are relatively broad.Without paying attention to the operational details of risk control,this paper analyzes the risk control situation of the online lending business of LJF,and the research content is more targeted.