Sumitomo Mitsui Banking Corporation Salaries

1 total salary submissions
Avg. Hours Worked (93%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

56.8
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (88%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Sumitomo Mitsui Banking Corporation Salary

3.2
Total Median Pay
$84,000
Median Base Pay
$84,000
Median Bonus Pay
$0

How much does Sumitomo Mitsui Banking Corporation pay?

Base range:
$84,000 - $84,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Sumitomo Mitsui Banking Corporation pays an average salary of $84,000 per year. This base compensation is the equivalent of $42 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Sumitomo Mitsui Banking Corporation based on our data is actually 57 hours, which would bring down the true effective hourly rate to $31 on average. If you include the average bonus of $0, then the total average pay at Sumitomo Mitsui Banking Corporation would be $84,000 per year or $31 per hour at the 57 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Sumitomo Mitsui Banking Corporation pays the highest-paid employees over $145,000 a year, while the lowest-paid employees are paid less than $90,000. Sumitomo Mitsui Banking Corporation employees in different groups or divisions tend to have different salaries as well.For example, employees in the Project Finance sector earn an average yearly salary of $263,250.While employees in the Commercial Banking sector earn an average yearly salary of $100,000.

Sumitomo Mitsui Banking Corporation Salaries

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Highest Paying Jobs at Sumitomo Mitsui Banking Corporation

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Managing Director
Year 2022
Job Title Managing Director
Group/Division Structured Products
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division Fixed Income
Location New York
Pay Rate/Type
Bonus
Director
Year 2018
Job Title Director
Group/Division Project Finance
Location New York
Pay Rate/Type
Bonus
Director
Year 2018
Job Title Director
Group/Division Project Finance
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2021
Job Title Vice President
Group/Division Corporate Banking
Location NYC
Pay Rate/Type
Bonus
Vice President
Year 2022
Job Title Vice President
Group/Division Credit Risk
Location New York
Pay Rate/Type
Bonus
3rd+ Year Associate
Year 2012
Job Title 3rd+ Year Associate
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2018
Job Title 2nd Year Associate
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2021
Job Title 2nd Year Analyst
Group/Division Energy
Location New York
Pay Rate/Type
Bonus

Average Pay by City for Sumitomo Mitsui Banking Corporation

Below we use 1 salary submissions to order the is the total average compensation by city for Sumitomo Mitsui Banking Corporation. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $120,000.

Salaries by Location at Sumitomo Mitsui Banking Corporation

Rank
City
Total pay Range
Range of $/hr
New York
Rank 1
City New York
Total pay Range $80,000 - $135,000
Range of $/hr $40/hr - $68/hr

Sumitomo Mitsui Banking Corporation Salaries by Department

Salaries at Sumitomo Mitsui Banking Corporation depend on the group, division, department or function. Employees who work in the Project Finance group tend to get paid the most at at Sumitomo Mitsui Banking Corporation, earning an average yearly salary of $263,250. Employees in the Debt Capital Markets receive relatively high salaries as well, where wages average $135,000 per year. A division that does not pay as well at Sumitomo Mitsui Banking Corporation includes the Commercial Banking group, with employees earning $100,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Project Finance
Rank 1
Department Project Finance
Average Pay $263,250
Average Hourly Pay $132/hr
Debt Capital Markets
Rank 2
Department Debt Capital Markets
Average Pay $135,000
Average Hourly Pay $68/hr
Leveraged Finance
Rank 3
Department Leveraged Finance
Average Pay $122,500
Average Hourly Pay $61/hr
Energy
Rank 4
Department Energy
Average Pay $118,000
Average Hourly Pay $59/hr
Investment Banking
Rank 5
Department Investment Banking
Average Pay $117,500
Average Hourly Pay $59/hr
Corporate Banking
Rank 6
Department Corporate Banking
Average Pay $117,500
Average Hourly Pay $59/hr
Generalist
Rank 7
Department Generalist
Average Pay $110,500
Average Hourly Pay $55/hr
Credit Risk
Rank 8
Department Credit Risk
Average Pay $100,000
Average Hourly Pay $50/hr
Commercial Banking
Rank 9
Department Commercial Banking
Average Pay $100,000
Average Hourly Pay $50/hr

Recently Added Sumitomo Mitsui Banking Corporation Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2023
Job Title 3rd+ Year Analyst
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
2nd Year Associate
Year 2022
Job Title 2nd Year Associate
Group/Division Leveraged Finance
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Debt Capital Markets
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2022
Job Title 1st Year Analyst
Group/Division Capital Markets
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus