Valuation and Product Control Specialist page is loaded

Valuation and Product Control Specialist

Apply locations Amsterdam time type Full time posted on Posted 30+ Days Ago job requisition id 10062809-WD

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment? 

We are currently recruiting for a Valuation and Product Control Specialist for our Finance Division in Amsterdam.

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.

For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs.

At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.

The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam.

Your impact at MUFG

As Valuation and Product Control Specialist you will be responsible for the product controls and managing for valuations relevant processes and outcomes. You will collaborate with the front office, treasury finance and risk colleagues, senior management and CFO. You will also contribute to setting valuation model(s) in line with market practices and developing meaningful relationships across the MBE Group and wider EMEA franchise to leverage knowledge, realize economies of scale and improvements.

The role has a wide(r) scope towards multiple products where models and market valuations are relevant. The products involve:

• Loans and off-balance sheet facilities (of different nature such as Revolving Credit Facility, Project Finance, Bilateral loans and for different purpose such as buy-to-hold, originate to distribute and underwriting);
• Foreign currency forwards, swaps;
• Foreign currency options;
• Private loans

The role includes the following:

• Develop and maintain valuation methodology and perform valuation for purposes of acquisition and sales of assets as well as accounting.
• Collaborate with finance colleagues for alignment of the valuation methodology and IFRS 13
• Challenge valuations from internal and external parties, for transactions, derivative valuations etc.
• Determine and challenge assumptions used in valuation and impairment models.
• Set-up and development of (DCF) valuation models for (private) loans valuations.
• Govern and develop the fair valuation policy and (control) framework.
• Integrate valuation policy with IFRS accounting policy (IFRS 13).
• Monitor periodic fair value development on respective products (assets to be sold, (CVA in) derivatives.
• Report on fair values of sales and acquisitions (ad-hoc), fair values for accounting and disclosure (periodic), periodic movements of CVA and foreign currency results.
• Act as internal advisor on transactions (go/no go), advise on potential required hedging and application of hedge accounting.
• Connect with stakeholders of various departments, and the parent company of MBE (especially front office, product control and risk functions). 
• Pro-actively manage and challenge in sales / acquisition processes. Involvement in deal (screening/acquisition) process.
• Keep up with relevant developments on valuation market practice and accounting requirements.
• Develop and maintain relations with relevant external parties (peer banks, valuation experts etc.)

In order to be successful in the role, you will need the following:

Skills and experience:

• Master in (Quantitative) Finance, Valuations, Mathematics (or similar).
• Certified auditor and/or CFA (or similar).
• Minimum 5 years relevant work experience such as product controller and/or valuation employee/consultant for loans and derivatives for an asset manager, private equity or consulting firm.
• Affinity and experience with Bloomberg (or similar) is preferred.
• Fluent in both written and spoken English.

Personal requirements:

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you:

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or € 0,21 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order Office Equipment’s for the home office, (up to €500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional information :

Acquisition in response to this vacancy is not appreciated.

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

For more information regarding this position you can contact our Talent Acquisition Specialist at: recruitment@nl.mufg.jp

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.

About US

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

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