Product Control Intern Review

by MUFG

Rating

4.6/5
  • Skills
    5.0
  • Responsibilities
    4.0
  • Support & Guidance
    4.5
  • Culture
    4.0
  • Your Impressions
    5.0

    Overview

  • 1. Please give an overview of your role and what this involves on a day-to-day basis.
  • I do the daily PnL attribution, reporting and commentary for Debt Capital Markets (DCM) and Treasury. This can involve using MUFG's SAP platform to investigate why the front office's expected PnL is different to the actual PnL. I make adjustments to ensure the PnL is accurate. I do the daily market commentary, which gets sent out to the entire Finance division. This involves commenting on macroeconomic policies and data releases and linking them to FX, equities, credit spreads and bond yields. I also give a market overview in the weekly Product Control meeting.


    Skills

  • 2. Have you learnt any new skills, or developed your existing skills?
  • I have become more confident with MUFG's platform Musbi, which is an SAP platform that is integral to the role. The platform requires coding skills in order to create graphs and formulae. I have improved my interpersonal skills by learning to network with stakeholders and seniors. I have improved my problem solving skills, when having to figure out what is driving the variance between the PnLs.


  • How would you rate the training provided during your experience?
  • 5/5

  • How would you rate your development of industry-specific skills during the experience?
  • 5/5

  • How would you rate your development of personal / soft skills during the experience?
  • 5/5

  • Please rate how these skills have helped you in your career development
  • 5/5

    Responsibilities

  • 3. Were you given much responsibility during your placement / internship?
  • Unlike with some other internships, I have been able to do 'real work'. The daily PnL is extremely important to the front office, so although I have been given easier PnLs to do (as I am an intern), I am still completely responsible for them. It is up to me to contact the relevant front office colleague if there are any issues with PnL. If I make a mistake, it is my name on the PnL email and it is up to me to correct it.


  • Please rate how meaningful the work you were doing was
  • 4/5

    Support & Guidance

  • 4. How much support and guidance did you receive during your placement / internship?
  • My team is extremely supportive and helpful. I have never been scared to ask for help and have received lots of support from most team members.


  • How would you rate the support and guidance from your line manager?
  • 5/5

  • How would you rate the support and guidance from the wider team?
  • 4/5

    Culture

  • 5. What was the company culture and general atmosphere like?
  • My experience of the company culture was great. I have interacted with seniors from VP to MD, who were extremely helpful, friendly and down to earth. The general atmosphere is so lovely - I have attended lots of social events such as several terrace BBQs, work drinks, mehndi, the summer garden party.


  • How would you rate the inclusiveness of the culture?
  • 4/5

  • How would you rate the social opportunities?
  • 5/5

  • How would you rate the diversity initiatives?
  • 3/5

  • How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
  • 4/5

    Your Impressions

  • 6. To what extent did you enjoy your placement / internship?
  • I really enjoyed my internship. The internship is very well organised - I believe it is designed to provide students with a range of experience and knowledge. For example, everybody had to take part in the group project, which was similar to what a Relationship Manager in GCIB would be doing. We also attended talks from Credit Trading to Transaction Banking. We were also set the task of having a minimum of 8 coffee chats with people in other teams.


  • Please rate your level of enjoyment on your placement / internship
  • 5/5

  • Please rate how your experience met your expectations
  • 5/5

  • Please rate the future employment prospects at MUFG
  • 5/5

  • 7. Would you recommend MUFG to a friend?
  • Yes


  • 8. What advice would you give to others applying to MUFG
  • Be yourself - don't be afraid to show your personality! Don't stress too much if you don't know all the technicals - your interviewer wants to see that you're curious and willing to learn.


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Details

Internship (1 Month+)

Accounting

London

August 2023


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