Bank Of Tokyo-Mitsubishi UFJ

  www.bk.mufg.jp
  www.bk.mufg.jp

Bank Of Tokyo-Mitsubishi UFJ Reviews

Updated October 7, 2014
Updated October 7, 2014
140 Reviews
2.7
140 Reviews
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Bank Of Tokyo-Mitsubishi UFJ President Nobuyuki Hirano
Nobuyuki Hirano
38 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.  

    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.

  2.  

    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
  3.  

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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
  6. 1 person found this helpful  

    Disappointing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC

    I worked at Bank Of Tokyo-Mitsubishi UFJ

    Pros

    Company is well-recognized in the global financial services industry.

    Cons

    Highly politicized work place. Significant lack of internal controls with little oversight on office spending.

    Advice to ManagementAdvice

    Tighten internal controls and encourage professional work environment.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Leader in international banking but extremely process oriented. Creativity is not encouraged and very risk averse.

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

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

    Pros

    The bank's reputation as international leader in financial services.
    The medical benefits are decent and the bonuses are good.
    The diversity of the workforce.

    Cons

    Status quo reigns supreme. Managers who "know his/her job and show up to work" appear to exemplify the best requirement to be a manager and rewarded accordingly.
    The abilities to coach, train and motivate don't matter if you have already "paid your dues".
    Time off is not that great, especially for non-exempt employees.
    The culture is to correct and improve by over-compensating for the errors and issues of the past.
    Work is often triple checked before anything gets out of the door.
    Doesn't create an environment of accountability as the notion is someone will check your work anyway.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Great company to work for!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank Of Tokyo-Mitsubishi UFJ

    Pros

    growing, allows mobility, constant yearly bonuses and promotions

    Cons

    foreign bank, conservative with regards to credit approvals

  9.  

    Fun summer internship experience with Japanese bank in NYC

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank Of Tokyo-Mitsubishi UFJ

    Pros

    Nice people; interesting work; client interaction

    Cons

    low pay for interns; long hours

  10.  

    Stay far away

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

    I worked at Bank Of Tokyo-Mitsubishi UFJ full-time (less than an year)

    Pros

    Absolutely no pros other than the coworkers I have maintained contact with, who have all left as well lol

    Cons

    This place is a joke. Under pay staff, treat staff as slaves like this is a sweatshop. If you are not an officer you are looked down upon. Work process is very old fashioned yet all management even junior level thinks they are field experts. Stay away and if you happen to work here hurry up and leave.

    Advice to ManagementAdvice

    Treat staff fairly, they are not robots. Just because you are in a position of authority doesn't mean your staff has to bow down to you. Get over yourselves.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    Security v.s. career trap

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

    I have been working at Bank Of Tokyo-Mitsubishi UFJ full-time (more than 3 years)

    Pros

    stable job security at the junior level
    stable pay
    clear path to promotion at the junior level...just stick around for 2-3 years

    Cons

    as a junior person, no one give a damn to your career development, you are basically stuck in the position without knowing where you are heading, how you can grow yourself, what are the career options you have
    compensation is okay compared to average college grad salaries but lower than other competitors in the banking industry
    work is boring but that's the more or less nature of the banking industry
    not much training available for junior and middle layers staff
    management lack the necessary managerial skills
    business outlook is okay...the bank itself does not have any distinguishable competitive advantage or identity so it's just going to be middle of the pack in a more and more regulated industry, go figure yourself what that means.

    Advice to ManagementAdvice

    start investing in developing your junior talent, build your human capital from within
    figure out a competitive advantage for the bank beside being dumb money and stuffy bank

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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