16 Aug
|
Mufg
|
Bengaluru
Do you want your voice heard and your actions to count?
Discover your prospect 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:
* Profit and Loss reporting: Providing Management and the Business Units with
key financial information via the P&L; reporting and analysis process in a
timely and accurate manner. Ensuring all daily P&L; is fully explained via
attribution to risk parameter movements and deal activity as well as
market-linked commentaries
* 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
* Provisions and Adjustments: Ensuring the accuracy and sufficiency of reserves
and valuation adjustments to support new and ex
📌 Assistant Vice President- Product Control (Bengaluru)
🏢 Mufg
📍 Bengaluru