Mitsubishi UFJ Financial Group Reviews | Glassdoor

Mitsubishi UFJ Financial Group Reviews

Updated May 27, 2017
145 reviews

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Full-time Part-time

2.7
Star Star Star Star Star
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Katsunori Nagayasu
31 Ratings

145 Employee Reviews

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Pros
  • Good work life balance compared to other investment banks (in 25 reviews)

  • Very nice work environment compared to competitors (in 9 reviews)

Cons
  • Terrible merger with Union Bank, a lot of good things from MUFG went away for employees (in 7 reviews)

  • Not a lot of women in senior management (in 5 reviews)

More Pros and Cons

  1. Helpful (2)

    "Portfolio Managemet Group"

    Star Star Star Star Star
    Current Employee - Portfolio Manager in New York, NY
    Current Employee - Portfolio Manager in New York, NY

    I have been working at Mitsubishi UFJ Financial Group full-time (More than 8 years)

    Pros

    Decent work life balance, not an aggressive bank

    Cons

    Beaurocratic, Administrative, Process Driven, Rule by Consensus


  2. Helpful (1)

    "Overall good, but could be better"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Mitsubishi UFJ Financial Group full-time (Less than a year)

    Pros

    Experienced colleagues who work hard and are generally good people.

    Cons

    Overall below market comp. Lack of annual salary increases, as they try to tack increases onto bonus comp without adjusting salary. Lack of transparency on potential comp range by position/title. Tight ratio on officer titles, making promotions difficult, despite performance.


  3. "Good company to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great benefits, good work environment

    Cons

    Very primitive ways of doing things

    Advice to Management

    Need to catch up faster with competitors


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  5. Helpful (4)

    "Employees are not a priority"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Mitsubishi UFJ Financial Group full-time (More than 5 years)

    Pros

    Good work/life balance, fair pay.

    Cons

    Lacks ability to grow the business so layoffs continue to be the primary driver to meet revenue targets. Many talented people have been let go yet the same leadership remains. Interesting.

    Advice to Management

    Get rid of the bureaucracy of day to day work. Evaluate how many leaders it really takes to run the business.


  6. Helpful (5)

    "Crazy beuracracy!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources in Los Angeles, CA
    Current Employee - Human Resources in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Mitsubishi UFJ Financial Group full-time (More than 3 years)

    Pros

    Salaries are competitive for financial services
    Flexible work arrangements becoming more acceptable
    Some good co-workers though more and more are becoming frustrated

    Cons

    Hard to accomplish anything bc of so much red tape
    A home office that doesn't understand how business is conducted in the US
    Methodology that is out of date and makes it hard to recruit good talent


  7. Helpful (2)

    "Operational Risk Role"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Mitsubishi UFJ Financial Group (More than a year)

    Pros

    Competitive compensation and hard working staff

    Cons

    Japanese culture is more concerned with politics and memo sign offs than actual quality of work. At times beuracracy would get in the way of actually getting things done. IT department was not very knowledgeable and largely consultants.


  8. Helpful (6)

    "A place for under-performers (or losers)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Mitsubishi UFJ Financial Group full-time

    Pros

    If you are a layperson or sub par, this is exactly your place to stay for good. Ordinary people do not get laid off (The bank cannot afford people with quality and talent.).

    Cons

    You will waste your time working there. There is a slim chance to get promotion or develop a real career. You will not learn much. You will not meet a caring, respectable manager or mentor. Too many unnecessary, rigid layers. Heavily structured like military. Lots of incompetent managers act like dictators to show off their "authorities". They are unable to provide proper instructions to subordinates. They do not take responsibilities. They are good to blame subordinates for bad results, while they are good at promoting themselves by presenting achievements and good outcomes, even though their subordinates did the work real hard.

    Advice to Management

    Compensate workers according to his or her performance and output quality.
    Try to understand who contributes to the top and bottom lines and who is interfering and distracting others.


  9. Helpful (1)

    "Great people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in Los Angeles, CA
    Former Employee - Managing Director in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Mitsubishi UFJ Financial Group full-time (More than 5 years)

    Pros

    Co-workers are very good and generally great to work with. Company has a good reputation and has high standards. Working environment generally good.

    Cons

    Benefits have been cut in recent years. Lots of expense cutting. Lots of turnover in senior management. Very competitve business and tough to grow.

    Advice to Management

    None


  10. "VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Mitsubishi UFJ Financial Group full-time (More than 8 years)

    Pros

    The Bank offers generally high caliber people to work with, competitive pay, nice offices and working environment, top-tier clients, convenient location in midtown

    Cons

    Stodgy culture focused on face time, inflexible work schedule, few women in senior roles, benefits which have declined significantly in recent years


  11. Helpful (3)

    "Antiquated work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Mitsubishi UFJ Financial Group full-time

    Pros

    Money is not terrible
    Office space is professional
    Good commitment to community

    Cons

    Terrible place for anyone who is not a 50 year old white man, especially for women.
    Quality of talent is awful - no commitment to professional development and continuous learning
    Rampant sexual harassment of female staff and a 1950s boys club culture.

    Advice to Management

    The business is not living up to its fullest potential by excluding substantial majority of the available workforce. It's very disappointing because the company has a lot going for it but is stuck in a time warp.


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