Bank Of Tokyo-Mitsubishi UFJ

  www.bk.mufg.jp
  www.bk.mufg.jp

Bank Of Tokyo-Mitsubishi UFJ Reviews

Updated December 13, 2014
Updated December 13, 2014
151 Reviews
2.7
151 Reviews
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Bank Of Tokyo-Mitsubishi UFJ President Nobuyuki Hirano
Nobuyuki Hirano
44 Ratings

Review Highlights

Pros
  • Decent benefits and work-life balance (in 11 reviews)

  • Good people, Ok workload, good benefits (in 7 reviews)


Cons
  • Not a place to work if you want work life balance (in 5 reviews)

  • Management makes up of personnel sent from head office in Japan, that rotates around every 3 years (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Bad Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Staff Accountant in New York, NY
    Former Employee - Staff Accountant in New York, NY

    I worked at Bank Of Tokyo-Mitsubishi UFJ as a contractor (less than an year)

    Pros

    Good firm and fun coworkers

    Cons

    Need to check my resume, they thought I was a senior accountant

    Advice to ManagementAdvice

    They need to check Resumes before hiring mployees

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Ok to work for if in IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Jersey City, NJ
    Current Employee - Analyst in Jersey City, NJ

    I have been working at Bank Of Tokyo-Mitsubishi UFJ full-time (more than an year)

    Pros

    Consultants are hired for short projects; job security.

    Cons

    No team work and promotions are rare for new comers despite performance.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Dead-End Club of Incompetent Middle Layers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Bank Of Tokyo-Mitsubishi UFJ full-time (more than 5 years)

    Pros

    Nothing as local staff with Asian Corporate Banking East, unless you are fine with being milked and controlled by incapable and shortsighted Middle Layers, becoming part of girls' chatting club, sucking sick leaves, and losing healthy motivations.

    Cons

    Managers do a lot of politics: distort information to sell themselves and supporters, report totally untrue information of the teams to misguide senior expats, keen to mingle with senior expats while not having time to sit down with their subordinates, share important information purposely with only selected favorites. They do their job not for the organization but are only abusing the power.

    No performance-based promotion is seen in Portfolio Management Division. One can get promoted if he/she is a long-time blind supporter. Much worse is they are getting older than counter Japanese expats and therefore going to survive not being challenged or questioned.

    Middle Layers are not demonstrating any agility to drive business and produce outcome. One can get promoted even if he/she did not perform as expected. Managers rewrote obvious evaluation criteria after one year in order to get their favorites promoted. If the matter was ONLY a preference, it would have been better. The real problem is low performers who do harm for the group are promoted and it is really affecting the work of their subordinates.

    Supervisors, not originally meant to be more than checkers, are not any superior in doing credit analysis and making recommendations. They do like to follow preset patters even though the patters were created without good thoughts and needed to be abandoned later. They are not rule makers and do not try to speak for the group.

    Turnover has been high for years in part of the group. HR should investigate it very seriously.

    Middle Layers have many customary meetings with other groups, which can be cut drastically but are not because the exposure to outside groups is a source of power. There is little take away in the meetings. The minutes are created proudly more than one month after each meeting. Who reads and needs such minutes?

    As a result of lack of performance-based evaluations, the rest of guys are packed in a narrow band of titles regardless of their performance. Some have been misled to become overconfident, not aware of their poor quality. You can easily find 20+ random bullet points in a summary section of analysis where the writing needs to be well-developed, organized, prioritized and condensed.

    No restructuring has occurred against Middle Layers.

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Worst experience ever - You better avoid ACBE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Bank Of Tokyo-Mitsubishi UFJ full-time

    Pros

    It would be a great place to work from 9:00 to 5:00 (with many sick days) if you are dumb (or you need to play dumb if you are smarter than managers and others) and you are not opinionated (i.e. You shall not show any ambition. You must not speak out trying to improve things.).

    Cons

    You will soon lose your energy and motivation to increase work quality or productivity since managers at ACBE will not recognise or appreciate your efforts or improvements. You performance does not really matter. What counts is managers' preference among his or her subordinates. Incompetent apple polishers climb the corporate ladder so quickly (Some turn so confident after getting a few promotions and play like a king or an empress.).

    Advice to ManagementAdvice

    Please realise you do not deserve the title and salary. Work professionally. Respect your staff who perform the daily tasks. At least make an eye contact and say hello. Do not abuse the power that comes with your title. This is just a function at a company. You do not own us or you have no right to disclose staff's personal information.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Didn't go well.+

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank Of Tokyo-Mitsubishi UFJ

    Pros

    The only thing this place offers well is a salary that can pay your bills. Everything else falls under the con section.

    Cons

    One of the oldest infrastructures-Everything breaks down, you will never get work done because your machine freezes up or your application wont work today.

    Advice to ManagementAdvice

    The Top Management needs to review Middle Management and make some changes.

    Doesn't Recommend
  7.  

    It was absolutely wonderful, had a lot of opportunity to grow.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank Of Tokyo-Mitsubishi UFJ

    Pros

    My boss made sure I was doing work I found interesting.

    Cons

    I wish there were more training opportunities.

  8.  

    Very slow mothion

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Project Manager in Jersey City, NJ
    Former Employee - Senior Project Manager in Jersey City, NJ

    I worked at Bank Of Tokyo-Mitsubishi UFJ as a contractor (less than an year)

    Pros

    job security. nobody get fired no matter what their skill level or performance is.

    Cons

    Impossible to get anything done. all decisions are done collectively.

    Advice to ManagementAdvice

    appreciate smart energetic empoyees

    Doesn't Recommend
    No opinion of CEO
  9.  

    The internship I had was OK

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Development in Jersey City, NJ
    Former Employee - IT Development in Jersey City, NJ

    I worked at Bank Of Tokyo-Mitsubishi UFJ as an intern (less than an year)

    Pros

    Various activities, indoor/outdoor, both learning and fun

    Cons

    The work is kind of boring

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Bureaucracy makes it difficult to get anything done.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Jersey City, NJ
    Current Employee - Assistant Vice President in Jersey City, NJ

    I have been working at Bank Of Tokyo-Mitsubishi UFJ full-time (more than an year)

    Pros

    Work life balance is fine. Pay is in line with industry.

    Cons

    Limited room for career growth. Nothing gets done because there is so much red tape.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Good people-messy merger

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Bank Of Tokyo-Mitsubishi UFJ as an intern (less than an year)

    Pros

    One of the best places to work on Wall Street because the people actually care about more than money. Excellent opportunities and people really try to help you advance.

    Cons

    The merger has made a lot of key people quit. Tokyo is trying to micro manage things and its hindering growth.

    Advice to ManagementAdvice

    Invest in more training opportunities.

    Recommends
    Positive Outlook
    Approves of CEO

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