Research On Risk Control Of M Consumer Finance Companies

F For a long time,investment,export and consumption are the three carriages driving China’s economic growth.Consumption has played a very important role in boosting domestic demand,stimulating economic growth and keeping the economy growing steadily despite mounting downward pressure.With the innovation of Internet finance,consumer finance has played an active role in the consumption field through the "Internet+" reform of traditional finance,providing consumers with new choices of financial services and playing a significant role in encouraging consumption,stimulating consumption,stimulating domestic demand and realizing the transformation and upgrading of consumption.Due to the failure of some consumer finance companies to do a good job in consumer credit investigation and risk control in financial services,many consumer finance companies have problems such as overdue consumer loans,increased bad debt rate and operational risks,which greatly increase the risks of consumer finance companies.However,the current theoretical research on consumer finance companies is mainly focused on the operational model and development status,and there are few research results on the internal management and risk control of consumer finance companies.However,consumer finance companies belong to bank-like financial institutions.Risk control is of vital importance for consumer finance companies to recognize problems in risk control,continuously optimize risk control mechanism,improve risk prevention and control ability,and promote healthy and rapid development of enterprises.Therefore,it is urgent and significant to deeply study the risk control of consumer finance companies.This paper adopts the method of case analysis to study the risk control of M consumer finance company.Research results show that:first,overall,M consumer finance company has built a relatively complete risk control system,risk control organization,structure,control program design and risk control personnel arrangements,are relatively complete,is advantageous to the M company completes the customer credit investigation and risk management,for M company,reduce YuQiLv control had an efficient effect of bad debt;Second,with the development of M company’s business,its business scale keeps expanding and its business line is gradually elongated.Some small risks in M company’s risk control and management gradually appear,hindering the healthy development of the company.These problems are mainly manifested as:the credit audit of customers is not strict,lack of big data risk control and the construction of intelligent,information-based and modern risk control system,lack of supervision,inspection and process control in the process of risk control,and backward human resource management system related to risk control assessment.Third,M consumer finance companies need to continuously strengthen the customer credit investigation,through advance,matter and afterwards the whole process of risk control,to strengthen the big data risk control,improve risk control supervision mechanism,establish and perfect the assessment of risk control related human resource management system,promote the perfection of M company risk control system and risk control level of ascension.The research conclusion of this paper has an important reference function for improving the risk management level of M consumer finance company and consumer finance industry and realizing high-quality development under the new situation.