assistant vice president

vice president

analyst

software engineer

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MUFG

Disappointed at best.  There is a definite separation between the nationals and the expats.  Don't get me wrong, I think the expats are the best part of this equation.  Unfortunately there is too much posturing and back stabbing all around.   It's a very passive aggressive culture and the politics are insane!  It's like watching congress undermine any and all improvements just because the good ideas are coming from "the other party".  

From the first day I started I was told to run because we are sold on a lie.  The old bait and switch is strong in this place and everyone shares a similar story.  There isn't a week that goes by that I'm not being told to run.  The warnings come from all areas and levels in the organization..  I have had more VPs and SVPs telling me to bail then I have ever seen before.  The consensus here is people stay because the pay is good and the work isn't challenging.  This is where you go to retire and just push the buttons on your keyboard until you collect your benefits.   People come and go on a weekly basis so there's never an opportunity to effect change.  lol 
the projects I'm working on from scratch were discussed and approved long before my arrival but somehow derailed due to internal politics.  It's great when you are given projects to implement and are given the history of those projects and then told "you're just spinning your wheels."  

In all fairness I would enjoy this place if they actually tried to accomplish their action items.  Unfortunately the politics win and progress is lacking.    

If all you want is a paycheck and not interested in adding value or building your brand then this place is for you.  You can stay here till your heart stops and no one will care.  Just show up on time and they will say you did a great job and give you a bonus.

Stay away. I worked with them for a year and I learnt the following lessons;
1. Toxic environment; no integrity, very subjective and biased an you will be backstabbed by almost everyone.
2. lack of professionalism; unqualified and biased management (stealing your ideas and efforts), outdated systems, you will run and maintain everything (hundred of transactions and tens of reports) manually on excel. They are expecting you to be a programmer to help them automating their excel/access work. 
3. Very risky Business/Not willing to invest in a new system; even though they are supposedly one of the Fortune 500, they don't want to buy a new system to run their work smoothly, and more accurately. So, expect to be just a processor emailing a lot of screen shots and excel tables.
4. Lack of communications, and very bad blame gamers; they speaking a lot about adherence/compliance to policy and procedures while they don't really care.
5. They won't invest in you, and they don't have in-house training dep.;  So, you will struggle getting the information and your questions answered.
6. No job security, I saw smart people who spent decades with them and eventually left empty handed.  If your boss like you personally you will be promoted.
7. They have a high employees turnovers for all reasons above.
I have a lot to say about them but this is for now.

Most of the people you work with are very positive and professional.  
Recent organizational changes that have impacted staffing seem to be based on a "numbers based analysis" only.  Many branches are only allowed a staff of 3 , which more often than not is a staff of 2 due to many different staffing needs.  This then leads to many missed breaks and lunches.  Staff does get paid the mandatory hour of straight pay penalty for these.  Another recent policy is the elimination of the 90 day probationary period for new employees.  This has led to new problem employees getting to stay for extended periods while management and HR "go through the legal process" while the rest of the employees are negatively impacted.  Another organizational change that impacts this as well is that up to 3 branches share a single branch manager.  This has impacted the manager's ability to address perfomance issues as they are always running from one branch to another to fill in for staffing issues or other issues.  Also, because of the shared branch arrangement they are more often than not in a branch to witness performance issues of employees.  So this further extends any corrective action of those employees that have a propensity to take advantage of situatuions.  Employees are also not provided the neccessary mentoring because of this.

I have been with the company for 15 years. Ten years ago it WAS a great place to work. Now, it is miserable. My manager goes home and drinks, then comes into work angry. They cut the staff in the branches so there is always a long line of angry clients. You are helping two to three people AT ONCE(mistakes, anyone?). Kiosks have arrived in many branches. Our kiosks would go off WIFI in the middle of a transaction, or experience some other error on a daily basis. You are standing there, sweating, praying it works. You have just pulled someone out of line and now they are livid that they used the kiosk because it malfunctioned, AGAIN. Then, you are scrambling to find someone to help them-and there is no one. They want you to put up a façade, that the kiosks are great, but after being personally attacked for them being there, you start to agree with the clients. If one person does not pull their own weight(such as a lazy branch manager), you feel it. I had one previous banker tell me she used to throw up bile into the trashcan everyday due to stress. 
The constant complaining of clients that there is no staff will drain you. Panic attacks...anxiety. They set you up for failure. Please don't work here.

Typical Day at work:
Systems Administration, support 75-125 users with desktop, laptop, projector, printer, network, and email issues. Coordinated 2-3 LAN administrators on patch management, upgrades, WAN/LAN issues, and asset management. Reported directly to Operations manager and met weekly with NY/NJ head office on further projects.

What I learned:
Being lead Systems Administrator requires maturity and level-headedness. It's an important job, others are counting on you to move forward with their projects, and management requires input in order to make decisions.

Management and co-workers:
A can-do attitude is a must in this field. There is always a solution to every problem, time-management and prioritization is the key in getting the job done on time.

The hardest part of the job:
Putting in long hours (sometimes staying 2am) to ensure 24/7 reliability. There are some projects that cannot be delayed.

The most enjoyable part of the job:
The accomplishment and satisfaction of doing a GREAT job and not just settling for average results. Documenting solutions to past problems helps tackle new ones from fully forming.

Union Bank currently originates and services the retail loan portfolio with legacy    Mortgage 

Servicing System (MSS) and Mortgage Loan Origination (MLO) systems as well as with QuickBooks, 

OLC, and ORS various databases and Excel files.   Additionally, consumer loans (real estate secured 

and non-real estate secured) are serviced on the Bank’s SIL system. These consumer loans are 

originated from the Application Evaluation System (AES).  These systems no longer accommodate 

the needs of the Bank. The Consumer Lending Division has embarked on an effort to explore systems 

replacement options from external vendors who can provide "off-the-shelf", "best of breed", loan 

origination and servicing capabilities, with the goal of finding one or two systems/vendors that can 

support all loan products.  Additionally, in order to move with speed and cause the least impact to 

the broader organization, the Bank considered a hosted/ASP (Application Service Provider) 

environment, in addition to the licensed software approach normally pursued.

What is the best part of working at the company?
nice co workers, and decent pay 

What is the most stressful part about working at the company?
typical CEOs and hire ups wanting workers to go above and beyond and sacrifice your life for the company. No holiday bonuses, pay increase always based on company metrics which are most of the time over unattainable. Hybrid is 4 days a week, which is ridiculous and lack of flexibility "post" covid. Also, too many VP's an people with high titles unnecessarily. I am sure the locations outside of America are ran better. 

What is the work environment and culture like at the company?
Extremely professional and typical U.S. corporate environment. Diverse and Inclusive environment since they are a global company. But overall nothing outside of the standard corporate mechanical stereotype. 

What is a typical day like for you at the company?
Sign in at 9 a ridiculous amount of meetings, lunch, cram everything into 2 free meeting-less hours then leave at 5.

The work schedule is clearly defined with individual responsibilities met by knowing what is expected. I learned most aspects of a Corporate Tax Dept. by being available for additional duties. Learned to balance Admin. requirements while also stepping up to do compliance, information reporting, serving as the documentation liaison for other groups and external banks, and taking on special projects. Management was flexible with staff as long as all deadlines where met. Worked with some great individuals at all levels. The challenge of this position was in being the only person in the department who was involved in all areas except audit, including managing certain programs by myself. The most rewarding aspect was being a vital part of a group charged with important compliance, planning and reporting functions.

Rose International provided a fair transactional employment opportunity. I needed work, they had an opening and were looking for banking experience. After I left they contacted me a few times with other opportunities.
I do not approve of MUFG as an organization. As a way to skimp on costs they engaged with Rose for 6 month contract opportunities, but would not consider hiring for the position permanently. Your mileage with MUFG will vary because this won't be the case for every position.
I wasn't well suited to the sort of customer service my position dealt with, but I did my best every day. I will call my role 'bearer of bad news'. As such I was regularly stressed and unhappy. The staff at my office were supportive and my boss and his boss were both genuinely happy for me when I found a permanent position elsewhere and didn't finish my 6 month term.

MUFG’s international securities platform offers a comprehensive product suite to clients in the Americas, Asia, and EMEA through five key business lines in the primary and secondary markets: capital markets, credit, rates, equities, and structured products. In the primary market, the Capital Markets Group originates and underwrites debt and equity financing transactions through the business’ global platform. The Structured Products team provides primary asset-backed securities and collateralized loan obligation services.

With market experience across the globe, the trading desks, sales teams, and research analysts support institutional clients with the distribution of primary products and trade execution. The business offers trading capabilities in credit, investment grade, and high yield; rates, U.S. treasuries, and derivatives; and equities, convertibles, and structured products.

Top Job Titles	Average Salary
Assistant vice president 31 salaries reported	$116,726 per year
Vice president 6 salaries reported	$158,333 per year
Analyst 5 salaries reported	$77,700 per year
Software engineer 4 salaries reported	$153,214 per year
Director 15 salaries reported	$172,000 per year

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