Research On Risk Management Of RS Consumer Finance Trust Project Of Z Company

Consumer finance has become an indispensable financial tool in people’s life.As a necessary part of China’s three major financial systems,Trust has gradually carried out the new business model under the influence of macroeconomic and strong regulatory policies in recent years.Although Z company is the pioneer of consumer financial trust,the company has not formed a perfect risk control system in this kind.In order to further control the risk of Z company’s consumer financial trust business,this thesis takes Z company’s RS consumer financial trust project as the research object,deeply analyzes the project and puts forward risk countermeasures through project risk identification and evaluation,in order to promote the benign development of Z Company.The main research contents include the following three aspects:(1)Introduction of RS consumer financial trust project and the current situation of risk management.This thesis briefly introduces the background of RS consumer financial trust project,then analyzes the transaction structure,transaction participants and asset pool of the project,and finally summarizes the existing risk control measures and their shortcomings of the project,which including excessive dependence on financiers for risk management,imperfect implementation of risk control measures and post loan management measures are weak.(2)The risk identification of RS consumer financial trust project.Firstly,main risk points of RS project from project due diligence,project initiation,project implementation and project external environment are analyzed.Then,the thesis identifies the risk and divides the risk identification results into internal risk and external risk by inviting an expert group.Finally,the risk evaluation index of RS consumer financial trust project are constructed.The research shows the risk evaluation index system including 6 primary indicators and 22 secondary indicators.(3)The risk evaluation and control of RS consumer financial trust project.Firstly,the possibility of risk occurrence,detectability,impact and response ability are selected as the four attributes of risk evaluation,and then the score values of experts on each risk item are obtained in the form of questionnaire to construct the risk evaluation matrix of RS consumer financial trust project.Then,the method of criteria importance thought inter criteria correlation is used to determine the objective weight of attributes,and then calculates the evaluation value of each risk item based on the evaluation of distance from average solution to obtain the priority ranking.The research shows that according to the risk dimension from high to low,they are legal and policy risk,economic risk,project cashing risk,project initiation risk,social risk and investigation risk.Finally,according to the evaluation results,the corresponding risk response suggestions are put forward from four aspects which are due diligence,project initiation,project implementation and the external environment of the project.