Sumitomo Mitsui

  www.smfg.co.jp
  www.smfg.co.jp
There are newer employer reviews for Sumitomo Mitsui

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

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

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  1. 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.

  2. 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
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