Working For Mizuho Bank

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"Bizarre"
posted May, 2009

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Working at Mizuho Bank:

It can be very difficult working for a Japanese culture. Where else can one get fired for misplacing a file? Culture of perfectionists :) Sad thing is perfectionism isn't centered on being profitable or making good decision. It is based on following procedures that often make no sense and having an organized desk. What's more important, landing a $10MM deal or sending a fax to the wrong company. If you are in Japanese bank, its the second one.

The senior management is Japanese. It is a complete old boys club. Not one woman in a senior managing role. Not One! They also have bizarre rotational systems. Senior managers work somewhere for three years then transfer to some other areas, often completely unrelated where they have no experience. The head of compliance can takes over fixed income. This just puts pressure on American guys below them who actually know the job.

Mizuho Bank Salary and Benefits:

good vacation time, pay sucks.