Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Job Profile
Overall Purpose of Role
Product Control is a support department for Front and other Middle office areas playing an active role ensuring the firm's profit and loss and risks are managed and reported. Core components of the function are as follows:
IPV and Valuations: Providing Management and the Business Units with independent validation of market data, model inputs and official valuations vs 3rd party sources to ensure all positions are accurately valued. Quantification of valuation uncertainty under regulatory standards including associated regulatory reporting and deduction from Capital resources. Facilitating the implementation of improved valuation models and data structures where necessary
New Products, Complex Transactions and Businesses: Key involvement in the New Product Approval and product implementation processes, ensuring appropriate booking, valuation and reserve methodologies to meet business requirements
Specific Responsibilities
Manage daily Profit and Loss (P&L) reporting, including detailed explanations of results and movements. Produce market commentary to provide insight into P&L fluctuations. Analyze and attribute P&L by risk factors such as rate delta, credit delta, time decay, and new deals.
Assist in daily P&L reporting, ensuring accurate data entry and reconciliation. Support market commentary efforts by helping analyze P&L fluctuations. Contribute to risk attribution analysis, learning how to identify key risk drivers (rate delta, credit delta, time decay, etc.). Assist in reconciling P&L and balance sheets, ensuring consistency across front-to-back operations. Monitor trades and positions to help identify discrepancies and maintain accuracy.
Job Requirements:
Skills and Experience:
Good working knowledge of Microsoft Office
Good written and verbal skills
Excellent communication skills
Excellent interpersonal and functional management skills
Results driven, with a strong sense of accountability
A proactive, motivated approach.
The ability to operate with urgency and prioritize work accordingly
Strong decision making skills, the ability to demonstrate sound judgement
A structured and logical approach to work
Strong problem solving skills
A creative and innovative approach to work
Excellent attention to detail and accuracy
A calm approach, with the ability to perform well in a pressurized environment
Qualifications:
Performance and Duties:
The role holder will be assessed in accordance with their employing entity’s performance framework and process with relevant input obtained from the dual hatting entity as relevant.
As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
Managing conflicts of interest/dual hat status (If Applicable) - The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc. Additionally, the candidate may be required to manage Finance Function for the rest of EMEA region
The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favor.
The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUFG Securities.
Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.
