Shinsei Bank Reviews

Pros

Open to new ideas, nice work life balance.

Cons

too many overpaid expats doing little because they occupy their time thinking of how to use the big bonus promised to them.

Advice to Senior Management

more proactive in forward looking risk management

Pros

Open Door policy,
interested to move things fast but do not care for bonus
good work life balance
room to grow

Cons

bonuses never seem to be fair. they are always bench marked with the previous year irrespective of how one has performed int he current year. and no signs of promotions

Pros

midsize, nice people, ok payroll,

Cons

changing top management
financial difficulty
Hiring more local people, it's harder for foreigners to be hired or stay

Pros

The remnants of an earlier innovative culture exist in some teams/groups so there is a possibility to advance global best practice.

Cons

Long hours, which is normal in Tokyo, and limited resources. Cross-functional collaboration can be arduous so need to be extremely patient with negotiations.

Advice to Senior Management

Bring back the innovative culture in full force and always be inclusive of good ideas no matter what the source.

Pros

You can get exposure of a lot of things. Pricing models, market conventions, market movements. Sometimes trading strategies. It needs a lot of thinking, smart ideas. Keep ppl feel refreshed everyday. It also needs ppl to do detailed things, implement models. So it makes ppl feel real, do real things, which makes ppl feel achievable.

Cons

It is in the middle office, so it is not that taken care of. Ppl dont care you so much as front office guys. There are not enough resources that could support the development of the work.

Advice to Senior Management

give better care to team which has better culture, smarter, moving faster and more knowledgeable. better salary as well.

Pros

It was a place which accepted foreigners to work in Tokyo;
They gave you a great expat package;
A lot of opportunity for growth and leadership;

Cons

The opportunity of growth comes from the inability of the current employees to move and do something useful
Everyone is bogged down in bureacracy, there are no information systems, everything is done via excel
There is a Gaijin witch hunt going on since mid 2008
Highly politicized

Advice to Senior Management

You let go the best and kept the worst, great job.

Pros

The corporate culture is open, compared to other Japanese financial institutions. People are nice and kind. Great employee benefits system.

Cons

Short term focus. Employees are always pressured to make sales increase. The employee turnover is also high because the long-term career path is not clear.

The management styles are different by nationality of manager, which often generates confusions in the lower level.

Advice to Senior Management

Not to pressures employees for sales increase for the short period because it takes time to build customer relationship in Japan.

Recommends to build a corporate culture so that managers have the consistent management style.