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Sumitomo Mitsui Financial Group

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Sumitomo Mitsui Financial Group Reviews

3.2

44% would recommend to a friend

(988 total reviews)
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Takeshi Kunibe

59% approve of CEO

45% positive business outlook

Sumitomo Mitsui Financial Group has an employee rating of 3.2 out of 5 stars, based on 988 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sumitomo Mitsui Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

988 reviews
4.0
27 Apr 2017

Front Office position

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- Long-term commitment. Once you are accepted as full time, without making any extreme serious faults, you have no worry about being sacked by the bank. - As the international bank, you may gain diverse culture experience there. - The benefit is as competitive as that of other international banks

Cons

- The work process is slower and stricter than that of Western banks. However, they are changing now. - For the very top positions, it is hardly to find non-Japanese person. Or you must master Japanese to reach to that level

1.0
30 Apr 2017
Recommend
CEO approval
Business outlook

Pros

Good coworkers Progressively improving on the gender-gap (#nobody gets money) Great benefits (although the great benefits seem to be replaced year after year with lower quality replacements)

Cons

No upward mobility Promotions are paid in June and are you extremely small Below market pay (even with benefits considered) Very little (zero) investment is made into developing staff The management hierarchy is weak and doesn't allow VPs or SVP to do much without impossible to acquire approvals from people in other offices and in Japan.

1.0
8 Jun 2016
Recommend
CEO approval
Business outlook

Pros

It's on Park Avenue, the only positive to this bank.

Cons

If you are not of Japanese heritage, your career path is dead. A lot of red tape all around, by the time everyone agrees on the current policies, it's time to change it again. You have to work there for over 5 years before you are promoted or if you kisses up to the CCO. No one wants to work for a person who has a spreadsheet documenting every time you get up to go to the bathroom or to get a drink of water. How can the CCO condone this? All of your phone calls are recorded and your emails are monitored --it's similar to being a the book "1984". Rainmakers do not stay, they will leave for a better bank and those who have left have done quite well in terms of titles and salaries.

Viewing 1 - 3 of 988 Reviews

Glassdoor has 1,203 Sumitomo Mitsui Financial Group reviews submitted anonymously by Sumitomo Mitsui Financial Group employees. Read employee reviews and ratings on Glassdoor to decide if Sumitomo Mitsui Financial Group is right for you.