Mission: Please Note that the various Sumitomo companies are completely different but the reviews here may be combined. Sumitomo Mitsui Trust Bank USA (in Hoboken, NJ) is completely different from Sumitomo Mitsui Trust Bank (SuMi TRUST in NYC) and they are both completely different from ...
Note that the various Sumitomo companies are completely different but the reviews here may be combined. Sumitomo Mitsui USA (in NJ) is completely different from Sumitomo Mitsui Trust Bank (SuMi TRUST in NYC) and they are both completely different from Sumitomo Mitsui Banking Corp (SMBC). Glassdoor may not be correcting where the reviews are misclassified. Be sure to ask questions and determine which is which. Within each company, every department is different, and every person's individual experience is also very different.
Note that the various Sumitomo companies are completely different but the reviews here may be combined. Sumitomo Mitsui USA (in NJ) is completely different from Sumitomo Mitsui Trust Bank (SuMi TRUST in NYC) and they are both completely different from Sumitomo Mitsui Banking Corp (SMBC). Glassdoor may not be correcting where the reviews are misclassified. Be sure to ask questions and determine which is which. Within each company, every person's individual experience is very different and every department is also different.
I applied through a recruiter. The process took 5 weeks. I interviewed at SuMi Trust (Hoboken, NJ) in August 2017.
I interviewed via a phone screen towards the last week of August while on vacation. The interview took about an hour and it went well. Then I was told they were interested in having me onsite, but I had to bring either last years income tax or last two pay stubs. I became very relinquent, but then decided to go with it because I had nothing to hide. I was more concerned regarding my privacy because you don't know where this information is kept or is shared. I decided to go to the face to face interview. I arrived at their office about 10 minutes early and was told to wait in the building lobby until 11am. Which was the second signal that this place is a bit odd. Usually if you come a few minutes early you are greeted and told to sit in the reception area until they are ready for the interview. The first portion of the process was with several folks from different departments. Eventually I was greeted by an employee and escorted to a small conference room. My initial interview was with someone from HR she asked me a lot of what I refer to as personality questions Then I met the heads of other departments primarily IT. The heads of those department basically broke down to me how the business works. They basically manage Japanese pension funds and also loan money to hedge funds and other financial firms. The folks were very thorough on how things work and how their department tied into the big picture. Then I was interviewed by the hiring managers that manage infrastructure primarily the security. It went very well I was asked a lot of technical security questions which I primarily answered correctly with the exception of a few. I was told by the hiring manager that they are going to interview a few folks and that he will be away on vacation and that it will take sometime. I acknowledged and said that's pretty standard. Then the final interview was with the head of HR she asked me personality questions and if I felt comfortable with the task and the team, but before meeting her I had to wait about 35 minutes. The whole process lasted about 6 hours give or take. Then about 2 weeks pass I was told to come in for the 3rd interview. In this interview I met with the head of the development team, a network engineer and the CIO. This interview was a bit awkward because I was only asked technical questions from the network engineer and the questions were not anything to do with security, but more random questions on past technologies that I worked with at my last roles which I found odd and kind of through me off. Then I had an interview with the CIO he was not technical he handled the budget of the organization. He explained the business, but during the whole time avoided eye contact with me which was another indicator that this place is a bit odd. Weeks went by and I thought I guess they are not interested. Then I got a call from the recruiter and they were interested and they were willing to extend an offer to me. I made a verbal agreement that I was also interested but because I was still interviewing I asked for a bit of time til I completed my last interview with another organization. They were fine with it a few days passed and I got another call from the recruiter telling me that they cannot pay me the rate I requested in the application. They were willing to provide me an associate vice president title, a few extra vacation days and 2% equity and a 10% to 15% bonus. I want everyone who reads this to understand that most of the perks they are willing to provide are what I call subject to change meaning they are not set in stone. So I told the recruiter that I cannot leave for anything less than the salary I asked for. I was told that he will discuss further with them 2 days passed and I got a call from the recruiter and he told me that they cannot pay my rate because budget is set to that amount for the role. I expressed to him again that I cannot go for anything less and that the market rate is much higher for the role. He told me that he will relay to them that I cannot accept their offer to see if it might add additional pressure, but he told me more than likely they will not budge due to the way the budget is set. Which was another indicator that basically made me not interested further. A few hours passed and I contacted the recruiter and told him that I am no longer interested even if they offered me the rate I want. The reason being is that if they are being this difficult in regards to asking a modest 3% from the current offer you can only imagine how things will be when its time for bonus, a yearly raise or use of vacation and other perks all. The process of the negotiation gave me insight in the red tape , bureaucracy and other difficulties that will arise with this role if I would have taken it. So I decided to not pursue it any further.
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