Sumitomo Mitsui Banking Corporation — H-1B Visa Sponsorship
Sumitomo Mitsui Banking Corporation's FY2025 H-1B Sponsorship Analysis
Sumitomo Mitsui Banking Corporation H-1B Visa Sponsorship Summary
| Metric | Value |
|---|---|
| Total H-1B Petitions | 35 |
| Approval Rate | 100% |
| Average Salary | $10,627,928 |
| Salary Range | $72,467 - $367,267,680 |
| Top Job Title | Vice President, Quantitative Modeling |
| Primary Location | New York |
Browse by Fiscal Year
About Sumitomo Mitsui Banking Corporation's H-1B Sponsorship
SUMITOMO MITSUI BANKING CORPORATION has filed 35 H-1B visa petitions with a 100.0% approval rate. Sumitomo Mitsui Banking Corporation (SMBC) shows a consistent hiring pattern for H-1B visas, with all 35 applications in FY2025. The bank primarily hires in New York (17) and New Jersey (16), indicating a concentration of operations in these regions. SMBC's H-1B sponsorship is focused on specialized roles, with 'Vice President, Quantitative Modeling' being the most frequent position.
Key Insights
- All 35 H-1B applications for FY2025 are already filed, suggesting proactive recruitment.
- The average salary offered across all positions is substantial, with a total of $10,627,928 indicated.
- The majority of positions are at the Vice President or Associate level, indicating a focus on experienced professionals.
- The geographical distribution is heavily skewed towards the Northeast corridor (NY and NJ).
- There is a clear emphasis on quantitative and financial reporting roles.
- No applications were withdrawn or denied, suggesting a high success rate for their filings.
- The data includes a significant total wage bill for these positions, reflecting the seniority of the roles.
Expert Analysis
Peer Comparison: SMBC's H-1B sponsorship volume is moderate compared to larger financial institutions, but their focus on specialized, high-paying roles is consistent with industry trends.
Negotiation Tip: Given the specialized nature of roles and the competitive financial industry, candidates may have some leverage, particularly those with in-demand quantitative skills.
Similar Employers
Filing Statistics
| Total Filings | 35 |
| Certified | 35 |
| Approval Rate | 100% |
| Average Salary | $10,627,928 |
| Median Salary | $142,646 |
| Salary Range | $72,467 – $367,267,680 |
| 10th Percentile Salary | $87,838 |
| 25th Percentile Salary | $112,778 |
| 75th Percentile Salary | $171,384 |
| 90th Percentile Salary | $196,914 |
| Sponsor Grade | B — Score: 88/100 (medium confidence) |
Green Card (PERM) Sponsorship by Sumitomo Mitsui Banking Corporation
PERM labor certification data shows whether Sumitomo Mitsui Banking Corporation sponsors employees for green cards (permanent residency). This data is from DOL PERM disclosure files (FY2020–2026).
| Year | Certified | Denied | Total | Rate |
|---|---|---|---|---|
| 2020 | 1 | 0 | 1 | 100% |
| 2021 | 5 | 0 | 5 | 100% |
| 2022 | 6 | 0 | 6 | 100% |
| 2023 | 6 | 0 | 6 | 100% |
| 2024 | 6 | 1 | 7 | 85.7% |
| 2025 | 8 | 0 | 8 | 100% |
Top PERM Job Titles
| Job Title | Filings |
|---|---|
| Associate, Regulatory Reporting | 3 |
| Credit Analyst (Associate) | 1 |
| Senior Portfolio Analyst | 1 |
| Financial Auditor (Analysts) | 1 |
| Auditor | 1 |
Top Countries of Origin (PERM)
| Country | Filings |
|---|---|
| CHINA | 12 |
| INDIA | 4 |
| COLOMBIA | 1 |
| ECUADOR | 1 |
| PERU | 1 |
Salary Distribution
| 10th Percentile | $87,838 |
| 25th Percentile | $111,966 |
| Median (50th) | $132,371 |
| 75th Percentile | $171,384 |
| 90th Percentile | $188,178 |
| Average | $137,849 |
| Sample Size | 49 |
Prevailing Wage Comparison
Processing Time
Workforce Insights
Filing Trend by Year
| Year | Filings | Avg Salary |
|---|---|---|
| FY2025 | 35 | N/A |
Top Job Titles at Sumitomo Mitsui Banking Corporation
| Job Title | Filings |
|---|---|
| Vice President, Quantitative Modeling | 2 |
| Associate, Regulatory Reporting QA | 2 |
| Director, Counsel | 1 |
| Vice President, Program Manager | 1 |
| Associate, Senior Financial Reporting Specialist I | 1 |
| Associate, Risk Management Specialist | 1 |
| Vice President, Pre-provision Net Revenue Modeler | 1 |
| Vice President, Change Management Support | 1 |
| Director, Senior Manager, Regulatory Reporting | 1 |
| Associate, Distribution Risk | 1 |
Work Locations
| State | Filings |
|---|---|
| New York | 17 |
| New Jersey | 16 |
| Washington | 1 |
| Illinois | 1 |
Visa Classes
Frequently Asked Questions about Sumitomo Mitsui Banking Corporation
Does SUMITOMO MITSUI BANKING CORPORATION sponsor H-1B visas?
Yes, SUMITOMO MITSUI BANKING CORPORATION actively sponsors H-1B visas. They have filed 35 H-1B petitions with a 100.0% approval rate.
What is the average H-1B salary at SUMITOMO MITSUI BANKING CORPORATION?
The average H-1B salary at SUMITOMO MITSUI BANKING CORPORATION is $10,627,928, with a median of $142,646. Salaries range from $72,467 to $367,267,680 across 35 filings.
What is SUMITOMO MITSUI BANKING CORPORATION's H-1B approval rate?
SUMITOMO MITSUI BANKING CORPORATION's H-1B approval rate is 100.0%. Out of 35 total filings, 35 were certified, 0 denied, and 0 withdrawn.
How many H-1B visas does SUMITOMO MITSUI BANKING CORPORATION file per year?
SUMITOMO MITSUI BANKING CORPORATION has filed H-1B petitions across 1 fiscal years. Recent volumes: FY2025: 35.
What jobs does SUMITOMO MITSUI BANKING CORPORATION sponsor H-1B visas for?
The most common H-1B job titles at SUMITOMO MITSUI BANKING CORPORATION are: Vice President, Quantitative Modeling, Associate, Regulatory Reporting QA, Director, Counsel, Vice President, Program Manager, Associate, Senior Financial Reporting Specialist I. The top role, Vice President, Quantitative Modeling, accounts for 2 filings.
Where are SUMITOMO MITSUI BANKING CORPORATION's H-1B jobs located?
SUMITOMO MITSUI BANKING CORPORATION's H-1B positions are primarily located in New York (17 filings), New Jersey (16 filings), Washington (1 filings).
Is SUMITOMO MITSUI BANKING CORPORATION increasing or decreasing H-1B hiring?
SUMITOMO MITSUI BANKING CORPORATION has filed 35 H-1B petitions total. Insufficient year-over-year data to determine a trend.
What is SUMITOMO MITSUI BANKING CORPORATION's H-1B denial rate?
SUMITOMO MITSUI BANKING CORPORATION has a 0.0% denial rate across 35 filings (0 denied). They have zero denials on record.
What is the salary range for H-1B positions at SUMITOMO MITSUI BANKING CORPORATION?
H-1B salaries at SUMITOMO MITSUI BANKING CORPORATION range from $72,467 to $367,267,680. The 25th percentile is $112,778, median is $142,646, and 75th percentile is $171,384.
What visa types does SUMITOMO MITSUI BANKING CORPORATION file?
SUMITOMO MITSUI BANKING CORPORATION's filings by visa class: E-3 AUSTRALIAN: 2, H-1B: 33.
Is SUMITOMO MITSUI BANKING CORPORATION a good H-1B sponsor?
SUMITOMO MITSUI BANKING CORPORATION has a 100.0% approval rate with 35 filings. All 35 H-1B applications for FY2025 are already filed, suggesting proactive recruitment.
How does SUMITOMO MITSUI BANKING CORPORATION's H-1B salary compare to market?
SUMITOMO MITSUI BANKING CORPORATION pays an average of $10,627,928 for H-1B positions. The average salary offered across all positions is substantial, with a total of $10,627,928 indicated.
How does SUMITOMO MITSUI BANKING CORPORATION compare to JPMorgan Chase & Co. for H-1B?
SMBC's H-1B sponsorship volume is moderate compared to larger financial institutions, but their focus on specialized, high-paying roles is consistent with industry trends.
What should I negotiate for an H-1B position at SUMITOMO MITSUI BANKING CORPORATION?
Given the specialized nature of roles and the competitive financial industry, candidates may have some leverage, particularly those with in-demand quantitative skills.
What should H-1B candidates know about SUMITOMO MITSUI BANKING CORPORATION?
The majority of positions are at the Vice President or Associate level, indicating a focus on experienced professionals.