Pros
- stability; no mass redundancy as the Japanese are concern with their reputation (there are small number of redundancies but the bank will compensate you with money) - good place to retire as long as you do what the management or the Japanese want you to do - work life balance for certain departments good for parents who just need the paycheck and not on career progression (as long as you are not native Japanese , no way you will be promoted)
Cons
- salary is 30% below market - very serious integrity and trust issues amongst the management - strong workplace harassments (typical Japanese culture) - no career progression - all approvals requires physical stamping of the request forms by at least 6 people (you need to go to the different departments on different levels to obtain the approval) - benefits equivalent to manufacturing company - fresh degree graduates' starting pay at $2800 as officer - very steep hierarchy where non Japapanes will probably reach JGM max and co-lead with another Japanese JGM: 14 ranks - AM (officer)- AM (Assistant Manager) - AVP (Deputy Manager) - VP (Deputy Manager) - VP (Manager) - FVP - SVP - DGM - JGM- GM - SGM - Director - MD - SMD