There are newer employer reviews for Sumitomo Mitsui

1 person found this helpful  

Stability has a price

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Assistant Vice President in New York, NY
Current Employee - Assistant Vice President in New York, NY

I have been working at Sumitomo Mitsui

Pros

I feel that SMBC is a place where you can go if you are looking for stability. Very unlikely that they fire or let go anyone. The career path follows the Japanese model where promotions and salary increases come at a slow, but consistent pace (therefore it is not a place for superstars). In a year like 2008, where industry-wide bonuses were down, I had mine increased by a significant amount (perhaps it was too low in the previous year). They throw you in the middle of the ocean, so you must learn to swim fast. In many places they would not give you the same kind of opportunities as they would not probably expect that you become an expert overnight.

Cons

The work load can be brutal, especially because things are done in a way (Japanese) that often appears arcane. If your management is Japanese, then dialogue and feedback are limited and communication problems will abound. Form over substance is the rule, so be prepared to make charts, fill checklists and become familiar (for what it is possible) with incomprehensible rules and manuals.

Advice to ManagementAdvice

Be open to suggestions and enhance dialogue at all levels.

Doesn't Recommend
No opinion of CEO

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

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  1. 1 person found this helpful  

    Be very careful what group you work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Assistant Treasurer in New York, NY
    Former Employee - Assistant Treasurer in New York, NY

    I worked at Sumitomo Mitsui

    Pros

    Its a large multinational bank with great reach.

    Cons

    Your experience working for the bank depends on which group you are working for. Some groups overwork you without any benefits beyond what others who don't work nearly as hard get too. In the groups that work you hard the words work and life are never in the same sentence.

    Advice to ManagementAdvice

    Overworking people only makes them leave.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Fair Bonuses. Awesome work life balance.

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

    I worked at Sumitomo Mitsui full-time (more than an year)

    Pros

    Plenty travelling to Japan, Fair Bonuses. Awesome work life balance. I could work there for a long time.

    Cons

    Japanese Culture overall. Mood Killer... Its awfully quiet in the office and not much minglling amongst the Japanese and Chinese

    Advice to ManagementAdvice

    Lighten up a little.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Sumitomo Mitsui

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