Risk Management Research Of Weihai Rural Commercial Bank Online Loan Business Development Project

With the rapid development of network technology and computerized financial services,the traditional profit model of commercial banks has been greatly affected.Electronic payment becomes the mainstream of daily life,commercial banks are gradually virtualized,and the development scale of electronic banking that is highly relying on the network will continue to expand.In order to better deal with the Internet of the financial industry,the domestic academic institutions and the business community have also made positive efforts.In the face of the single channel of the loan business of commercial banks in our country,the online loan business will become an emerging channel for extending loans of commercial banks.For Weihai Rural Commercial Bank,domestic online loan business risesonly for a short time,with no clear supervisory authorities,as well as laws and regulations are imperfect,with no operational experience for reference,if the institutions put no emphasis on supervision,the whole system will encounter with higher risks.This study based on fundamental theories,aims to optimize the traditional risk evaluation index system,following the research logic of constructing the theory frame,risk identification estimation and establishing the risk management evaluation system with the index,in order to comprehensively evaluate the risk management of the online loan business development project of Weihai Rural Commercial Bank.Firstly,the author conducted literature review refers to relevant domestic and abroad academic articles.in order to form a scientific understanding of the problems by analyzing and summarizing the documents.Secondly,this paper introduces the background of financial industry and the project,and carries on the project risk management research combining the actual circumstance of this project.Through the analysis of various risks and causes,author chooses the method of risk identification and estimation for the online loan business development project of Weihai Rural Commercial Bank,analyzes the risk factors and list risk factors for online loan business development projects,finally applies the loss estimation method to estimate the project risk.The results of project risk estimation are listed,and risk factors such as development condition risks,performance contract performance risks,and external condition risks are serious risk factors.It was found that fulfilling contract capacity risk was the biggest risk factor of the project,and external conditional risk was the smallest risk factor of the project.Thirdly,on the basis of project risk identification and estimation,author chooses index of risk assessment method,combining with the actual situation of the online loan business development project of Weihai Rural Commercial Bank,conducts analytic hierarchy process to establish the risk level model,analyzing and evaluating the identified risk factors,and gets the ranking table of the importance of and gets the ranking table of the importance of the project risk factors.Finally,based on the project risk assessment results,detailed risk management measures are proposed based on the risk factors of the project.For example,the execution of the contract is related to the completion of the project schedule.On the one hand,the terms of the contract are perfected,and payment is made on a scheduled basis on the basis of deliverables.On the other hand,the progress of fund payments is adjusted to avoid delays in project progress and overpayment of funds.Risk monitoring measures have been formulated to regularly audit and evaluate project risks.