自2011年起，位于金字塔企业链底端却为社会提供80%工作岗位的中小企业艰难生 存得到了国务院的关注，提出了诸如减免税收、财政支出等政策扶持中小企业发展。但 直到2020年，中小企业仍受困于核心抵押物不足、市场信心不足，而难以直接融资。 解决资金周转问题，成为政府支持当地GDP发展的必由之路。为此，国有背景的WW金 融投资公司应运而生。WW金融投资公司主要业务是为中小企业融资提供担保，并在临时 资金周转时提供资金过桥业务，结合其它诸如金融租赁、保险、再担保等融资方式最大 化的保障中小企业在经济下行的环境中健康发展。 同时，十年的发展过程中，WW金融投资公司遇到了不可小觑的风险，其中最大问题 即是信贷风险控制不够完善，产生了诸如评审制度不严谨、前后信贷制度不衔接、风险 控制措施不合理、保后检查流于形式等问题。 本文以WW金融投资公司近5年的经营数据及现有操作的评价为基础，结合国内外 现行的政策与做法，及行业内先进的风险控制措施，运用文献研究法、案例研究法、实 地调查法等多种研究方法，围绕操作风险、担保风险、信用风险、市场风险等对WW金 融投资公司的影响，形成以大数据风控为主导，建立岗位牵制及互补、建立便捷有效的 信息反馈机制、运用风险价值度量建立风控模型等信贷风控防控措施。通过对WW金融 投资公司现有问题的解决方案，为同类型的集团公司提供预防兼控制的新思路。 关键词：金融投资公司；信贷；风险控制 II RESEARCHONCREDITRISKCONTROLOFWWFINANCIALINVESTMENT COMPANY ABSTRACT Since2011,thesmallandmedium-sizedenterprises,whicharelocatedatthebottomof thepyramidenterprisechainbutprovide80%ofthejobsforthesociety,haveattractedthe attentionoftheStateCouncil,andputforwardpoliciessuchastaxreliefandfiscal expendituretosupportthedevelopmentofsmallandmedium-sizedenterprises.Butuntil 2020,smallandmedium-sizedenterprisesarestilltrappedinthelackofcorecollateral,lack ofmarketconfidence,anddifficulttodirectlyfinance.Tosolvetheproblemofcapital turnoverhasbecometheonlywayforthegovernmenttosupportthedevelopmentoflocal GDP.Therefore,WWfinancialinvestmentcompanywithstate-ownedbackgroundcameinto being.WWfinancialinvestmentcompany'smainbusinessistoprovideguaranteeforthe financingofsmallandmedium-sizedenterprises,andprovidefundbridgebusinessduringthe temporarycapitalturnoverbinedwithotherfinancingmethodssuchasfinancialleasing, insuranceandreguarantee,itcanmaximizetheprotectionofthehealthydevelopmentof smallandmedium-sizedenterprisesintheenvironmentofeconomicdownturn. Atthesametime,duringthetenyearsofdevelopment,WWfinancialinvestment companyhasencounteredrisksthatcannotbeunderestimated.Thebiggestproblemisthatthe creditriskcontrolisnotperfectenough,resultinginsuchproblemsasthereviewsystemis notrigorous,thecreditsystembeforeandafterisnotconnected,theriskcontrolmeasuresare unreasonable,andthepostguaranteeinspectionisjustaformality. BasedontheoperatingdataofWWfinancialinvestmentcompanyinrecentfiveyears andtheevaluationofexistingoperations,combinedwiththecurrentpoliciesandpracticesat homeandabroad,andtheadvancedriskcontrolmeasuresintheindustry,thispaperuses literatureresearch,casestudy,fieldinvestigationandotherresearchmethodstosurroundthe impactofoperationalrisk,guaranteerisk,creditriskandmarketriskonWWfinancial III investmentcompanyToestablishcreditriskcontrolpreventionandcontrolmeasures,suchas takingbigdatariskcontrolastheleadingrole,establishingpostcontainmentand complementarity,establishingconvenientandeffectiveinformationfeedbackmechanism,and establishingriskcontrolmodelbyusingriskvaluemeasurement.Throughthesolutionstothe existingproblemsofWWfinancialinvestmentcompany,itprovidesanewideaofprevention andcontrolforthesametypeofgroupcompanies. KEYWORDS:Financialinvestmentcompany;Credit;RiskControl IV 目录 摘要...........................................................................................................................................I ABSTRACT..............................................................................................................................II 第一章绪论.............................................................................................................................1 1.1研究背景及意义...................................................................................................................1 1.1.1研究背景...........................................................................................................................1 1.1.2研究意义............................................................................................................................2 1.2文献综述..........................................................................................................................2 1.2.1国外相关文献综述..........................................................................................................2 1.2.2国内相关文献综述...........................................................................................................3 1.2.3文献综述及本文努力的方向...........................................................................................4 1.3本文的研究内容和研究方法...............................................................................................5 1.3.1本文的研究内容.............................................................................................................5 1.3.2研究的主要方法..............................................................................................................6 1.4本文研究的技术路线及主要创新之处..............................................................................6 1.4.1本文研究的技术路线.......................................................................................................6 1.4.2本文的创新之处..............................................................................................................7 第二章相关理论基础.................................................................................................................9 2.1相关概念界定.......................................................................................................................9 2.1.1同类金融投资公司的概念及特点....................................................................................9 2.1.2WW金融投资公司的信贷范围界定...............................................................................9 2.2信贷风险控制相关理论的含义和发展............................................................................10 2.2.1信息不对称理论.............................................................................................................10 2.2.2风险价值理论..................................................................................................................11 2.2.3大数据风控理论..............................................................................................................12 2.2.4全面风险管理理论（ComprehensiveRiskManagement）..........................................13 2.3相关理论对本文研究的启示.............................................................................................13 V 2.3.1信息不对称理论对贷前调查的启示.............................................................................13 2.3.2风险价值理论对风险评估的启示.................................................................................14 2.3.3大数据风控理论对风险控制的启示.............................................................................14 2.3.4全面风险管理理论对信贷流程的启示.........................................................................15 第三章WW金融投资公司信贷风险现状分析....................................................................16 3.1WW金融投资公司信贷业务基本情况............................................................................16 3.1.1WW金融投资公司的发展历程及组织架构.................................................................16 3.1.2WW金融投资公司主要信贷产品及主要客户.............................................................18 3.2WW金融投资公司信贷风险类型及成因........................................................................19 3.2.1操作风险（道德风险）.................................................................................................19 3.2.2担保风险.........................