There are newer employer reviews for Sumitomo Mitsui

2 people found this helpful  

oldschool japanese bank

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Officer  in  Toronto, ON (Canada)
Former Employee - Officer in Toronto, ON (Canada)

I worked at Sumitomo Mitsui full-time for more than a year

Pros

stable, good life-work balance, ok pay

Cons

no career, no motivation, inefficient approval process, zero risk appetite

Advice to ManagementAdvice

having offices around the world doesn't mean "global".

Doesn't Recommend
Negative Outlook
No opinion of CEO

15 Other Employee Reviews for Sumitomo Mitsui (View Most Recent)

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  1. 1 person found this helpful  

    Work Place

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

    I have been working at Sumitomo Mitsui

    Pros

    Stable career path is ensured as most people stay for years
    people are reasonable
    large corporate
    profitable
    professionla
    colleagues are helpful in general

    Cons

    Japanese culture
    lack of training opportunity
    lack of networking chance
    management is very vertical
    there should be lots of room for improvement

    Advice to ManagementAdvice

    the management should be flexisble and eager to listen to employee
    compensation should be more competitive and aggressrive to attract talents

    No opinion of CEO
  2. 1 person found this helpful  

    Need to break the current mould ...

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

    I worked at Sumitomo Mitsui

    Pros

    More active approach to capital usage. Happy to be a commercial bank and operate across many countries to support client needs

    Cons

    Very disfunctional. Japanese management are more focused on managing their next career steps than improving the business. Technology, policies, processes are all of especially poor standard vs non-Japanese banks and limit competitiveness

    Advice to ManagementAdvice

    Look for more opportunities to westernise the bank from top down, thereby having a more client/employee friendly approach. Senior mgmt should be rewarding Japanese middle mgmt for taking sensible risk, restructuring their businesses, etc

    Doesn't Recommend
    Disapproves of CEO
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