贸易融资货押授信业务，是近年来新出现的一种实用型创新金融产品。它是一种由仓储物流企业代表银行将借款申请人自身或第三方的货物作为质押物实施监管，银行为借款申请人办理进出口贸易融资的授信模式。该产品较好地解决了外向型企业因难以落实担保单位、缺乏不动产作贷款抵押等原因导致的融资难题，因而受到了企业界、金融业的共同青睐，在大宗商品进出口贸易融资领域得到了广泛应用。然而，作为金融创新产品，其风险识别和防范措施较少，因此在产生正面效应和显著收益的同时也存在潜在的运营风险。业务实践迫切需要对贸易融资货押授信业务经营运作过程中的风险点进行有效地识别和防范，为该领域的实践发展提供有益的指导和参考。有鉴于此，本文在全面综述了研究现状的基础上，系统研究了贸易融资货押授信业务的风险隐患，探索了其风险防范要点，并进行了案例分析。主要工作与成果如下： （1）全面介绍了贸易融资货押授信业务基本理论。该项业务是由质押货物出质人（借款人）、仓储监管方以及质权方（融资银行）三方共同参与的，由银行委托监管方监管质押货物，控制物流、资金流，并籍此为企业办理融资的授信品种。根据银行取得质押物货权时间的不同或货物监管方式的区别，可以分为不同的具体运作模式。 （2）系统研究了贸易融资货押授信业务的风险点。具体从质押物、第三方监管企业、融资银行等多角度分析该类授信在各个具体环节中存在的业务及操作风险。如：质权成立、质权合法有效性、质物对质权价值的保障、质物变现等源自质押货物本身的风险；源自监管方的管理风险、业务操作风险；源自借款人的信用风险以及源自银行的操作风险等等。 （3）探究了贸易融资货押授信业务风险防范要点。通过核价、进行套期保值等手段规避质押货物的市场风险；通过加强授信调查、明确约定监管方责任等途径，确保质押物货权明晰无瑕疵，防范质押物货权不明对银行质权的影响；设定准入标准及考核机制、加大检查力度，防范监管方信用及操作风险；制定并严格执行操作流程，防范银行操作风险。 （4）进行了典型案例分析。以A银行与青岛保税区YL国际贸易有限公司、山东青岛中外运国际物流有限公司之间的保税区内贸易融资货押授信业务纠纷案件为例，着重就具体暴露的保税区监管货物货押的法律风险、监管方风险、银行操作风险等内容，进行典型案例分析，通过典型案例分析验证了相关业务风险点的客观存在及危害，进一步明确了此类风险管理研究的指导意义。

In recent years, as a kind of practical and innovative financial product, trade financing and goods charge credit business uses the credit mode of warehouse logistics enterprises, which are on behalf of the bank, supervising the borrower or the third party’s stock, while the bank conducting import and export trade financing for the borrower. By this way, we solve the export-oriented enterprises’financing problems, including being hard to decide the surety，being short of estate as security, which is in the good graces of business and financial community. However, as the financial innovative produce, it is short of risk identification and precautionary measure. While getting its positive effect and significant benefits, its potential operation risk exist. The development practice of trade financing and goods charge credit business needs to identify and keep away from its risks in the operation process, which can provide useful guidance and reference for the practice development of this field. In view of this, based on the study of the present situation of the comprehensive review, this thesis analyzes the risk of trade financing and goods charge credit business, explores the risk points, and makes cases analysis. The main work and achievements are as follows: （1）The basic theory of trade financing and goods charge credit business is introduced comprehensively. The business is participated by the pledger (borrower), warehouse supervision party and the pawnee (bank). The bank entrust the supervision party to supervise the pledged goods, control the logistics and capital flow, and take this to enterprises for financing credit varieties. According to the difference of the time for bank to obtain pledge goods, or cargo supervision mode, we can divide it into different operation modes. （2）The thesis analyzes the risks of trade financing and goods charge credit business. The analysis of business and operational risk exists in the pledge, the third party supervision enterprises and the funding bank. Such as the risks from the pledge itself， the establishment of legal validity of pledge, legal validity of pledge, the guarantee of the pledge to the lien’s value, hostage for cash and etc; the risks from supervision, business operation; and the risks from borrower's credit and the banks’ operation. （3）The thesis analyzes the risk prevention points of trade financing and goods charge credit business. We can evade the market risks of the pledge by pricing and hedging; ensure the property of the pledge clear by strengthening the credit research and clear-cutting the responsibility of the supervision party; set access standards and assessment mechanism, strengthen the supervision, prevent the credit and operational risk; establish and strictly implement the operation process, and prevent the bank’s operational risk. （4）This thesis analyzes the typical case. Taking the trade financing and goods charge credit business dispute happened among Bank A, YL International Trade Co. Led. in Bonded Area, and Qingdao Zhongwaiyun International Logistics Co. Led. for example, the thesis analyzes the legal risk of the supervision of goods, the supervision party and the operation of the bank. Through the analysis of typical cases, the thesis verifies the existence and harm of related business, and further clarifies the significance of research on risk management.