Credit planning deaprtment at UFJ bank

Originally Posted by Unregistered

That explains. Anyone knows the Hierarchy for Japaneses Bank? Assistant manager, then promote to deputy manager and then to manager, assistance general manager, deputy general manager? For assistant manager, got $5000? How would you compare a Japanese Bank and a China Bank?

Hierachy for jap banks: Clerk, Senior Clerk, Officer, Senior Officer, Assistant Manager, Deputy Manager, Manager, Senior Manager, AGM, DGM, GM.

But heard they are going to copy foreign banks and slowly going to phase out the clerk and senior clerk role. So whether you ITE, Poly or Fresh grad all start at officer next time

Originally Posted by Unregistered

That explains. Anyone knows the Hierarchy for Japaneses Bank? Assistant manager, then promote to deputy manager and then to manager, assistance general manager, deputy general manager? For assistant manager, got $5000? How would you compare a Japanese Bank and a China Bank?

I don't think there is a deputy manager title. AFAIK if you are a fresh diploma holder you join as officer and for degree holder you join as either analyst or assistant manager (depends on department / unit) followed by manager. For support roles some managers don't even get $5k. Jap banks pay system is quite different.

China banks especially the big 4 are definitely more progressive and closer to local banks in terms of pay & culture compare to Jap banks. The Jap banks have been trying to change for the past 10 years by hiring management level pros from western banks, but the problem is most of these new hires never last long. In the end the nationalist mentality and promote from within Jap community is so strong that many give up in the end.

Originally Posted by Unregistered

I don't think there is a deputy manager title. AFAIK if you are a fresh diploma holder you join as officer and for degree holder you join as either analyst or assistant manager (depends on department / unit) followed by manager. For support roles some managers don't even get $5k. Jap banks pay system is quite different.

China banks especially the big 4 are definitely more progressive and closer to local banks in terms of pay & culture compare to Jap banks. The Jap banks have been trying to change for the past 10 years by hiring management level pros from western banks, but the problem is most of these new hires never last long. In the end the nationalist mentality and promote from within Jap community is so strong that many give up in the end.

Dy Manager still have for some old timers, but nowadays seldom in use. For most jap banks a degree holder join stay long enough promotion from AM to M to SM is more or less guaranteed if no major screw up.

Hi I'm going for an interview for assistant manager at BTMU


Asian Investment Banking Division - Structured Finance Dept

Responsible for project finance / real estate finance portfolio


Can anyone share the prospects and job scope. The bank culture, and will I be able to advance to debt capital mkts or loan origination

Originally Posted by Unregistered

Hi I'm going for an interview for assistant manager at BTMU


Asian Investment Banking Division - Structured Finance Dept

Responsible for project finance / real estate finance portfolio


Can anyone share the prospects and job scope. The bank culture, and will I be able to advance to debt capital mkts or loan origination

Can I have your email address?

Would like to remain anonymous unless there is valid reason

Can anyone shine a light on this role

[Kelly]

Originally Posted by Unregistered

Would like to remain anonymous unless there is valid reason

Can anyone shine a light on this role

Your HR manager is Jeslyn Yong or Audrey Tay? Email me at [email protected]

Originally Posted by Unregistered

Would like to remain anonymous unless there is valid reason

Can anyone shine a light on this role

This whole thread already tell you the story of how jap banks are in terms of jobs, career and pay prospects, what else do you need? If it's that question about whether you can move to FO in the future then the answer is the same as any bank: possible in theory but very rare in practice.

this is already a FO role. want to know if structured finance will be useful for my career in other FO roles such as ECM/DCM

Originally Posted by Unregistered

this is already a FO role. want to know if structured finance will be useful for my career in other FO roles such as ECM/DCM

The answer is NO. Unless you have a degree from Harvard! Else, no point. If I were u, I will not even consider this bank! I rather you go into very junior position for the role that you are seeking for, moreover life sucks in structured finance department!