There are newer employer reviews for Sumitomo Mitsui

2 people found this helpful  

Senior Analyst position at Structured Finance Dept.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Analyst in Seoul (South Korea)
Former Employee - Senior Analyst in Seoul (South Korea)

I worked at Sumitomo Mitsui

Pros

- SMBC has strong presence in Asia
- SMBC is the 3rd largest bank in Japan and has strong balance sheet capability
- SMBC is the most active Japanese bank in the structured finance sector

Cons

- Strong Japanese culture
- Too strong focus in Asian business

Advice to ManagementAdvice

There should be more international persepective to be implemented within the organization.

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

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  1. 1 person found this helpful  

    Risk analyst SMBC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Risk Analyst in London, England (UK)
    Former Employee - Risk Analyst in London, England (UK)

    I worked at Sumitomo Mitsui

    Pros

    Small firm that will allow you to take on alot of responsibilities and tasks. Good chance to learn given the small structure

    Cons

    Japanese promotion structure encourages experience at the firm over genuine potential so can be slow but sure promotion and advanced in career

    Advice to ManagementAdvice

    Encourage the junior staff to work towards potential success and promotion. More team building away days etc to get a good team culture.

    No opinion of CEO
  2. 4 people found this helpful  

    Ok to park but always look to move on

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

    I worked at Sumitomo Mitsui

    Pros

    Nice office location in midtown Manhattan. Bonuses are good depending on the year the organization has had as a whole. Great health benefits.

    Cons

    Bonuses are performance driven; meaning if the company as a whole is not doing well, your bonus will reflect that. It is a Japanese company that is bureaucratic and filled with red tape. Even thought they have operations in the states, the japanese way of doing business overrides and they have difficulty undersanding business ops in the states and other countries. If you are not Japanese you will be the first laid off. Management is not looking out to move the organiztion forward they only care about their next assigment. Super stars leave after the first year or 2 and what is left just maintains operations. Extremely political to a point where nothing gets done in the right way.

    Advice to ManagementAdvice

    Stop worrying about your next assignment and try and move the business forward.

    No opinion of CEO
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