Study On The Optimization Of Risk Management Of Non-performing Assets Disposal In XY Asset Management Company

As the second largest economic conglomerate in the world,China’s financial industry has also seen rapid development in recent years.The total assets of banking financial institutions have increased from 2.8 trillion yuan in 2003 to 268 trillion yuan in 2018,an increase of 9.57 times.In the fourth quarter of 2018,non-performing assets of commercial banks also increased to 2025.4 billion yuan,and the non-performing loan rate reached 1.83 %.This is a huge cake for asset management companies,but as local asset management companies and listed companies join the non-performing asset industry,the industry faces fierce competition,and most local asset management companies do not have the strength of the four AMCs.There is no strong support from the government and banks.They are responsible for their own profits and losses and survive in the midst of competition.The main business model of local asset management companies is the collection and disposal of non-performing assets.The fierce competition has led to a significant increase in the risk of the collection and disposal of non-performing assets.This article mainly takes XY Asset Management Company,a local asset management company,as an example to explain the various risks that appear in the process of disposal of bad assets and the subsequent risk management.The control and management of risks determine whether the local asset management company will develop sustainably in the long term.This has profound implications for the stability of the financial sector as a whole.The first chapter of the paper describes the background and significance of the research and related research documents,from the perspective of XY asset management company to see the background and significance of the disposal industry.The second chapter summarizes the risk management related research theory.The third chapter mainly introduces the basic situation of XY Asset Management Company and the present situation and problems of risk management in the process of disposal.The fourth chapter mainly discusses the reasons for the problems of XY asset management company.The risk management of the disposal of non-performing assets affects the sustainability of the asset management company’s future development,and expands the risk management ideas.This has become a difficult problem that XY asset management company needs to solve in the future development.The fifth chapter puts forward the countermeasures and suggestions to optimize the risk management of non-performing assets of XY Asset Management Company,hoping to provide help for the risk management of local asset management companies in the disposal business of non-performing assets,and realize the long-term healthy and benign development of the disposal business of non-performing assets.Chapter 6 puts forward the research conclusions and looks forward to the future.The optimization of XY Asset Management Company’s non-performing assets risk management should be developed in the following aspects: determining the optimal capital structure and reasonably planning the financing costs;Strengthen budgetary control over the cost of disposal of non-performing assets;Establishing a sound internal assessment system;Improving training mechanisms;We will improve internal accountability mechanisms.At the same time summarized the future development direction of local capital management companies.