Study On Risk Management Of Auto Finance Leasing Business Of Z Company

Since 2019,China’s automobile production and sales have declined slightly due to the impact of the epidemic.By the end of 2020,China’s auto production and sales were 25.2million and 25.3 million,down 2 percent and 1.9 percent respectively from the same period last year.The regulatory authorities gradually strengthened the supervision of online small loan and bank joint loan business,and auto online loan business gradually tightened.In contrast,consumer and auto finance companies have been deregulated.Due to the imperfect development system and non-standard business process of the auto finance industry,the overdue rate of the auto finance industry is getting higher and higher,and the risk control and management of the auto finance industry is also becoming more and more important.This paper summarizes the development status and related concepts of automobile financial leasing at home and abroad,and introduces the theory of comprehensive risk management and information asymmetry theory,which provides an economic theoretical basis for analyzing the current situation of risk management such as leasing assets,capital and risk control process of companies.By studying the business of Z auto finance Leasing Company,this paper analyzes the current situation of the company’s business and risk management,and analyzes the problems existing in risk management,such as weak internal control management,inadequate leasing asset management,narrow financing channels and insufficient quantitative ability of risk control and approval.Then,the reasons for each problem are analyzed in detail.The main reasons are the lack of professional talents and effective supervision of the company,the difficulty of monitoring and the lack of basis for evaluation and disposal of the lease,the economic downturn of the automobile industry and the poor financing environment,and the unsound risk management system of financial leasing.After analyzing the causes of risk management,countermeasures and suggestions for business risk management are put forward,mainly through internal optimization of the company,strengthening the management of direct-operated stores,optimizing the management of leasing assets,expanding financing channels through multiple ways and establishing the risk management system of the whole process.Through the analysis of the discovery of problems,reasons and the application of theory,put forward the countermeasure and the suggestion of risk management,from strengthening enterprise business risk and management risk,avoid basic risk,to build a quantitative model for risk management,organization set up the whole process of risk management system,so as to realize the whole process of the company’s business operation and management to control risk.