Vice President

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. 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 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 existing products and businesses  in line with the firm's overall strategy Management Information: Providing ultimate quality assurance and sign-off of key P&L-related data and analysis to enhance and expedite performance measurement, resource allocation and decision making Projects: provide key input into the design, specification and implementation of systems and controls to enhance underlying departmental processes 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 External Reporting: Provide external auditors, regulators and other key stakeholders with financial information and evidence of sound management systems and controls DUTIES AND RESPONSIBILITIES Specific Responsibilities