Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 3,000 offices in more than 50 markets. The Group has over 180,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
Please visit our website for more information - mufgemea.com.
This role is to act as the overseeing and reporting team for the Asset Evaluation and VIE processes, conducting various other monitoring, reconciling and corrective action to ensure correct reporting to Head Office.
NUMBER OF DIRECT REPORTS
MAIN PURPOSE OF THE ROLE
To oversee, manage and support the completion of monthly/quarterly Asset Evaluation process for ESFO and Aviation. Working closely with the Portfolio teams within these areas as well as Finance and Back Office to ensure correct and accurate balances are reported, including outstanding balances, collateral and guarantee, secured portion, classification of assets and other relevant information, for the problem rated assets (8-1 and below).
To support the completion of the VIE process, reporting assets paid-in capital and exposures of the determined VIEs and non-VIEs for GCIB semi-annually.
As per USGAAP accounting rules MUFG as a US listed company is required to consolidate entities if MUFG is the primary beneficiary of the VIE, disclosing the Assets and Total exposures to the Non-Consolidated VIE in interim and annual report.
The team will manage:
Additional tasks include the semi-annual completion of the Provision Notice, DCF and any other additional adhoc tasks as appropriate.
SKILLS AND EXPERIENCE
Functional / Technical Competencies:
Education / Qualifications:
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.