Bank Of Tokyo-Mitsubishi UFJ
2.7 of 5 117 reviews
www.bk.mufg.jp Tokyo, Japan 5000+ Employees

Bank Of Tokyo-Mitsubishi UFJ Reviews

Updated Jul 3, 2014

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2.7 117 reviews

                             

52% Approve of the CEO

Bank Of Tokyo-Mitsubishi UFJ President Nobuyuki Hirano

Nobuyuki Hirano

(29 ratings)

34% of employees recommend this company to a friend
117 Employee Reviews
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Review Highlights

Pros:
  • "Good benefits, good work/ life balance"
    in 8 reviews
  • "Good people, Ok workload, good benefits"
    in 7 reviews
Cons:
  • "Not a place to work if you want work life balance"
    in 4 reviews
  • "Management makes up of personnel sent from head office in Japan, that rotates around every 3 years"
    in 5 reviews
  • Show more review highlights

Reviews

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    Pretty Solid

    Anonymous Employee (Former Employee)

    ProsPeople were nice, consistent work, interactive intern program

    Conssame duties every day limit your experience

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    1 person found this helpful  

    Stay away from Int Audit

    Vice President - Internal Audit Office - New York (Current Employee)
    New York, NY

    ProsGood benefits, incuding non contributory pension plan; active involvement in charitable activities - employees get 35 hours to do that; limited travel. Unfortunately working in Intetnal Audit makes it very hard to see the pros.

    ConsCrazy hours, including weekends, especially during 4Q - you may get 1 comp day for your efforts. Non-transparent performance review and compensation process. The biggest con is IAOA's MD AG-B: unethical, lying, manipulative; never clear with instructions & expectations; caters to a couple of her favorites completely disregarding the rest of the team.

    Advice to Senior ManagementBe more cognizant of morale.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great summer experience

    Anonymous Employee (Current Employee)

    ProsGreat culture, organization, and training program.

    ConsNone that come to mind.

    Advice to Senior ManagementDesign internship projects to en encompass more.

    Yes, I would recommend this company to a friend

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    BTMU LA is not a good place to work at

    Senior Specialist (Former Employee)
    Los Angeles, CA

    ProsMany opportunities to participate in clubs and volunteer activities within the bank. Benefits are better than some other major banks.

    ConsLacks in diversity. Managements are biased. The company hires young and friendly workers who have good "Soft Skills". During my 2 years of employment at BTMU, I've seen a few elderly employees who were "let go" and every new hire I saw was in between the age of 22-35. The managements are very closed minded and any opinions contradicted to theirs will not be welcomed. If the managers do not like your personality, what they typically do is to keep increasing the amount of your work till you fail. The managers at the Portfolio Management(PM) in LA do not like to hire any highly skilled officers(senior or above) because they are afraid of losing their jobs; The managements are low skilled and their positions can be replaced easily.

    Advice to Senior ManagementListen to each employee's opinion and reconsider changing middle management routinely.

    No, I would not recommend this company to a friend

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    Changes for the worth

    Vice President (Former Employee)

    ProsBig bank. A great chance to experience Japaneses culture. With that said this is a different from anything as it gets.

    ConsThe changes are not doing any good to people. Compensation has been getting worth over the years. People are not recognized for the effort and not reworded. Moral is very low.

    Advice to Senior ManagementCommunication is a key

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    different culture, if you can get used to it ..

    Anonymous Employee (Current Employee)

    Pros- stability
    - good bonus
    - predictable process

    Cons- bureaucratic japanese culture
    - outdated technology
    - no career growth (other than title upgrade)

    Advice to Senior Management- infuse new energy, system, process to keep up with the rest of the industry

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    Unequal opportunity provider while working like a slave

    Analyst (Current Employee)
    Jersey City, NJ

    ProsPension and bonus. Good Jersey City location.

    Cons1) Senior management ask employees to work crazy hours. I have worked 7 days a week for 3 months to get a project done.
    2) Management often make false promises to employees to get them to work hard and long hours.
    3) Most managers bring their friends to join the bank and get them promoted while other employees without friends or relatives in management will NEVER get equal treatment.
    4) When done with your project, you are told if not happy you can go now. You are not worth a promotion.
    5) Very angry feeling in the office among hard working employees.
    6) Sacre tactics to get employees to work long hours.
    7) Very very dysfunctional managers who don't know much but make big decisions that create a mess.
    8) Wars between managers in SOA.
    9) Business treats technologists like complete garbage with disrespect.
    10) Major wars between SOA and Business

    Advice to Senior Management1) Please clean SOA from the garbage management.
    2) Don't believe what the management say about the Japanese culture. The decisions and behavior of SOA managers have nothing to deal with the Japanese culture.
    3) Treat employees with respect.
    4) Give employees an equal opportunity. Don't let good talent to leave because they have no relatives or friends in senior management.
    5) Stop asking employees to work crazy hours and then give them nothing. This really hurts.
    6) Please correct the dysfunctional relationship between Business and SOA.
    7) Business needs to treat technologists with respect.
    8) Stop promoting bad employees and bad managers while letting good people go.
    9) Listen to your employees.
    10) Investigate HR for the complaints they received from employees while doing nothing to address the problems.
    11) The exit interview of ex-employees can be a good start to find out what is wrong.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Management need to work more on employee retention

    Anonymous Employee (Current Employee)
    Chicago, IL

    ProsIt is the largest bank in Japan, therefore, prestigious to work here for a Japanese person. Brand recognition amongst Japanese community is also high, and is highly regarded. The bank "wants" to be the most trusted financial group. Growing in North America. Layoffs are rare. ok place to work if you are fresh out of school and cannot find anywhere else to go. Though the pros stop here.

    ConsManagement makes up of personnel sent from head office in Japan, that rotates around every 3 years. They come from a culture where employees stay at the same company for life, not because they like it, but because that is just the way it is. Which means this person has no interest or accountability to make the office a great working environment for employee retention. Decisions are always very top down, and if you are too "westernized" to voice your opinion, you will immediately be regarded as a trouble maker.
    Promotions are very slow, and hard work is hardly rewarded. You are practically promoted for being there a long time or work long hours (without consideration for the quality of work done), or you only say "yes" to management. Which results in discouraged employees that do minimum just to receive pay check.
    Hours are long due to high turnover.
    Not a place to work if you want work life balance.

    Advice to Senior ManagementFocus more on "management" and communication with employees.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Run the other way!

    Senior Specialist (Former Employee)
    Jersey City, NJ

    Pros*Job Security- if your young, your job is pretty much secured no matter how bad you mess up or how hard you overwork yourself
    *Decent benefits- although medical costs have gradually gone up

    Cons*If you are 50+ watch out, this bank is quick to offer you packages and force retirement (i saw it every year that i was employed). The stories i've heard are even worse.
    *As a female, i sometimes felt over looked for certain positions.
    *Promotions are not merit based, it's seniority
    *Each department promotes advancement in different ways. My department was horrible when it came to advancement. When i told my manager i was leaving for another position she told me i would "regret it" and the "grass is not always greener on the other side". Fear tactics
    (i do not regret leaving at all! wish i had done it sooner)
    *pay is not at par with market

    Advice to Senior ManagementStop trying to retain talent using fear tactics. Give promotions where they are deserved. Pay should be at par with market. Listen to your employees (employee surveys), stop taking them for granted.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Depends on the Department

    Associate (Current Employee)
    New York, NY

    ProsIn the U.S., bank-wide HR programs ramped up a lot in recent years, offering some great learning and growth opportunities. For example, global rotational program, mentorship program, and tuition reimbursement to name a few. However, participation very much depends on the department manager.

    ConsAs mentioned in the pros, some department managers are not supportive of growth. Again, depending on the department, hours can be long and unpredictable. Everything takes a long time for multiple reviews and sign-offs. Too many systems and no centralized data. Little coordination amongst departments and across the globe.

    Advice to Senior ManagementEnhance profit sharing and management incentive for inter-department and cross-region collaboration, in order to support business growth for the overall bank and retain talents. While I won't recommend friends to join my department, I think the overall bank in the U.S. is a good employer and I would recommend friends to join certain departments that care more about their employees.

    No, I would not recommend this company to a friend

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