Sumitomo Mitsui Banking Corporation

Verified Employer

Visa Rank: 394 | LCA for H-1B: 163 | LC for Green Card: 21 | Prevailing Wage Determination: 49 | Denied or withdrawn: 2

Overview

Update(5/19/26): In fiscal year 2026, Sumitomo Mitsui Banking filed 26 LCAs for H-1B visas, 17 labor petitions for green cards, and 30 requests for prevailing wage determination.

Important Update(12/16/2025): We’ve recently added H-1B visa approval and denial history from USCIS(2017–2025) and H-1B visa petition locations to provide a more complete view of employment-based immigration. Previously, our data included only Labor Condition Applications (LCAs) certified by the U.S. Department of Labor.
For example, in fiscal year 2025, Sumitomo Mitsui Banking filed 107 Form I-129 petitions for H-1B visas. Of these, 106 were approved and 1 was denied.

Number of Employees: 2,939
Founded: 2001 - Main Office: New York, NY - NAICS Industry: Finance and Insurance
H-1B Dependent: No - Willfull Violator: No

Sumitomo Mitsui Banking Corporation filed 163 labor condition applications (LCAs) for H-1B visas and 21 labor certifications (LCs) for green cards during fiscal year 2025. Sumitomo Mitsui Banking was ranked number 394 among all visa sponsors. Additionally, 1 LCA and 1 LC were denied or withdrawn during the same period.

Before Sumitomo Mitsui Banking can hire foreign workers, whether permanently or temporarily, it must submit labor certifications to the Department of Labor (DOL). These certifications confirm compliance with wage requirements for the specified job locations.The reports below summarize Labor Condition Applications (LCA) for H-1B visas and Labor Certifications (LC) for green cards filed by Sumitomo Mitsui Banking. This data represents only the number of applications submitted and does not guarantee visa approvals or worker hires.

The LCA data includes applications for various purposes: new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions. Typically, only LCAs for new employment require an H-1B visa cap if the employer is not cap-exempt.For example, Sumitomo Mitsui Banking submitted 276 LCAs and LCs during fiscal year 2025. However, this figure does not necessarily reflect the number of foreign workers hired, as visa applications can be denied. Additionally, employees renewing or transferring H-1B visas or changing work locations may need to file new LCAs.

The DOL generally certifies more than three times the number of foreign worker requests compared to the H-1B visas issued by USCIS. Therefore, there is no direct correlation between the number of workers certified by the DOL and the H-1B visas issued by the United States Citizenship and Immigration Services (USCIS).

read more [+]

Worker Backgrounds

Overview of the backgrounds of foreign workers sponsored by Sumitomo Mitsui Banking for permanent employment, highlighting up to 12 categories in each field along with the number of workers. The fields include citizenship, colleges attended, degrees earned, fields of study, and visa status.

read more [+]

Visas

Summary of Labor Condition Applications (LCAs) for H-1B visas and Labor Certifications (LCs) for green cards filed by Sumitomo Mitsui Banking. The data includes new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions.

Labor Condition Applications(LCAs) for H-1B Jobs

Year Certified Denied Withdrawn Certified-Withdrawn
2025 156016
2024 89000
2023 700012
2022 51007
2021 36013
2020 33001
2019 20000
2018 17000
2017 13000

Labor Certifications(LCs) for Green Card Job

Year Certified Denied Withdrawn Certified-Withdrawn
2025156010
202489000
202370000
202251000
202136010
202033000
201920000
201817000
201713000

H-1B Visa History

This table summarizes H-1B visa petition decisions made by the U.S. Citizenship and Immigration Services (USCIS) or the U.S. Department of State, not the Labor Condition Applications (LCAs) certified by the Department of Labor (DOL).

Year New Approval New Denial Continuation Approval Continuation Denial Change Employer Approval Change Employer Denial Total Approval Total Denial Total H-1B*
2025 32 1 38 0 35 0 106 1 107
2024 2 0 0 0 0 0 2 0 2
2023 26 0 9 0 31 0 69 0 69
2022 13 0 7 0 25 0 45 0 45
2021 8 0 4 0 12 0 28 0 28
2020 6 0 6 1 8 0 21 1 22
2019 8 0 3 0 5 2 16 2 18
2018 5 0 4 0 5 0 14 0 14
2017 2 0 2 0 1 0 5 0 5

* Why are the numbers different? LCAs are a prerequisite to filing H-1B visa petitions, but not all certified LCAs lead to actual H-1B filings. Similarly, one LCA can support multiple visa petitions (e.g., for extensions, amendments, or changes in employer). Therefore, visa totals may differ significantly from LCA totals.
Moreover, employers sometimes use different names when submitting LCAs and H-1B visa petitions. This can cause discrepancies in our system. To get a complete and accurate picture, please use the search function to explore both LCA and visa data.
Total H-1B includes all types of visa petitions: new employment, continuation, change of employer, as well as other actions not listed in the table, such as concurrent filings and amendments.

Annual Average Salaries

H-1B and Green Card Jobs Proffered Salaries

Year H-1B Salary Green Card Salary Prevailing Wage
2025 $137,265 $170,320 $145,588
2024 $157,650 $155,581 $128,476
2023 $146,458 $110,017 $129,806
2022 $139,755 $127,414 N/A
2021 $119,549 $87,967 N/A
2020 $116,228 $115,000 N/A
2019 $100,678 $121,459 N/A
2018 $111,995 $106,133 N/A
2017 $94,857 $86,213 N/A

The salary figures shown represent the average proffered (offered) salaries reported by Sumitomo Mitsui Banking on labor condition applications (LCA) for H-1B visas and permanent labor certification (PERM) for green cards. These are base guaranteed salaries and do not include bonuses, stock options, or other forms of compensation.

If Sumitomo Mitsui Banking reported a salary range, we use the midpoint to calculate the average. Salaries submitted in hourly, weekly, or monthly terms are converted to an annualized figure based on a standard full-time schedule (e.g., 40 hours/week, 52 weeks/year).

Occupations & Job Titles

Summary of the occupations and job titles of foreign workers sponsored by Sumitomo Mitsui Banking for permanent employment, highlighting up to 12 roles in each field along with the number of workers. To increase your chances of receiving visa sponsorship, focus on positions that Sumitomo Mitsui Banking has historically hired foreign workers for.

H-1B Occupations

Financial and Investment Analysts(100)Business Intelligence Analysts(33)Credit Analysts(32)Financial Risk Specialists(26)Financial Quantitative Analysts(23)Data Scientists(22)Computer and Information Systems Managers(12)Software Developers(11)Accountants and Auditors(10)Financial Managers(8)

Green Card Occupations

Financial Risk Specialists(4)Financial Quantitative Analysts(4)Credit Analysts(3)Financial Managers(3)Financial and Investment Analysts(3)Regulatory Affairs Specialists(3)Risk Management Specialists(2)Software Developers(2)Validation Engineers(2)Lawyers(1)

Prevailing Wage Occupations

Financial Risk Specialists(15)Financial Specialists, All Other(12)Financial and Investment Analysts(11)Financial Managers(8)Credit Analysts(8)Data Scientists(7)Compliance Officers(7)Information Security Analysts(6)Project Management Specialists(5)Financial Examiners(2)

H-1B Job Titles

Model Validation Analyst(8)Associate, Financial Resource Optimization(7)Associate, Regulatory Reporting(6)Vice President, Data Analytics Manager(6)Associate, Data Analytics (5)Associate, Senior Risk Analyst(5)Vice President, Senior Model Validation Specialist(5)Analyst, Lada Project Finance(4)Associate, Model Risk(4)Vice President, Audit Manager(4)

Green Card Job Titles

Vice President, Model Validation Specialist(2)Associate, Structured Trade & Commodity Finance(1)Associate, Sr. Risk Analyst(1)Associate, Senior Risk Analyst I(1)Associate, Senior Portfolio Analyst(1)Associate, Senior Auditor(1)Associate, Regulatory Reporting(1)Associate, Enterprise Risk Management, Strategic Initiative & Remediation(1)Associate, E-Communication Surveillance(1)Associate(1)

Prevailing Wage Job Titles

Associate, Regulatory Reporting(5)Associate, Financial Resource Optimization(3)Vice President, Audit Manager(3)Vice President, Finance Change Management(3)Vice President, Senior Model Validation Specialist(3)Associate, Lending Management(2)Associate, Senior Portfolio Analyst(2)Vice President (2)Vice President, Data Steward(2)Vice President, FCC Risk Assessment Lead(2)
read more [+]

Contacts

The individuals listed in this section are employees of Sumitomo Mitsui Banking Corporation authorized to represent the company in labor certification matters. They cannot be agents or attorneys unless they are direct employees of Sumitomo Mitsui Banking. Furthermore, they may not be Human Resources professionals directly involved in hiring or resume screening. In smaller companies, these representatives are often decision-makers, such as the president or operations director.

H-1B Visa Job Contacts

Alexandra Mercado - Vice President, U.S. Immigration [+]
277 Park Avenue New York, NY

Phone: Premium Member Only, Sign Up Now!
Email: Premium Member Only, Sign Up Now!

Christopher Becker - Exec. Director, Head Of Hr Business Admin. & Transformation [+]
277 Park Avenue New York, NY

Phone: Premium Member Only, Sign Up Now!
Email: Premium Member Only, Sign Up Now!

Green Card Job Contacts

Alexandra Mercado [+]
277 Park Avenue New York, NY

Phone: Premium Member Only, Sign Up Now!
Email: Premium Member Only, Sign Up Now!

Office Locations

Summary of the Top Locations with the Highest Number of Foreign Workers. The main office ranks as the primary worksite for foreign workers, hosting the largest number among all locations.

Main Office:277 Park Avenue New York, NY 10172

H-1B Visa Job Work Sites

New York,NY(170)Jersey City,NJ(105)White Plains,NY(54)Charlotte,NC(7)Niagara Falls,NY(1)Somerset,NJ(1)Princeton,NJ(1)Morrisville,NC(1)Durham,NC(1)Naperville,IL(1)

Green Card Job Work Sites

New York,NY(19)Jersey City,Nj(8)White Plains,Ny(7)

Prevailing Wage Determination Work Sites

New York,NY(58)Jersey City,NJ(27)White Plains,NY(15)Houston,TX(2)Charlotte,NC(2)

H-1B Visa Petition Locations

This table summarizes H-1B visa petition decisions made by the USCIS or the U.S. Department of State since 2017. The city and state reflect the employer’s mailing address as listed on Form I-129 and may not represent the actual work location(s) of the beneficiary(ies).

City State New Approval New Denial Continuation Approval Continuation Denial Change Employer Approval Change Employer Denial Total Approval Total Denial Total H-1B*
New York NY 102 1 73 1 122 2 306 4 310

*Total H-1B includes all types of visa petitions: new employment, continuation, change of employer, as well as other actions not listed in the table, such as concurrent filings and amendments.

FAQs

Has Sumitomo Mitsui Banking sponsored H-1B Visa in the past? - [+]

Yes, during past fiscal year, Sumitomo Mitsui Banking has filed 163 LCAs for H-1B Visa positions.

Has Sumitomo Mitsui Banking sponsored employment based green card in the past? - [+]

Yes, during the past fiscal year, Sumitomo Mitsui Banking has filed 163 LCs for employment based green card positions.

Is Sumitomo Mitsui Banking an H-1B dependent employer? - [+]

No, Sumitomo Mitsui Banking is not an H-1B-dependent employer, meaning it does not have a high proportion of H-1B workers relative to its total workforce.

What types of roles do Sumitomo Mitsui Banking typically sponsor for H-1B visas or green cards? - [+]

The most common roles for H-1B Visa positions are Model Validation Analyst(8), Associate, Financial Resource Optimization(7), Associate, Regulatory Reporting(6), Vice President, Data Analytics Manager(6), Associate, Data Analytics (5), Associate, Senior Risk Analyst(5). The most common roles for green card positions are Vice President, Model Validation Specialist(2), Associate, Structured Trade & Commodity Finance(1), Associate, Sr. Risk Analyst(1), Associate, Senior Risk Analyst I(1), Associate, Senior Portfolio Analyst(1), Associate, Senior Auditor(1).

Reviews

Number of Reviews: 4 - Average Review Score: 3.5 -

Rate and Review Sumitomo Mitsui Banking Corporation



★★★☆☆ - - - - 4/23/2025 - flag as inappropriate - comment
Things I like: Employee Recognition and Appreciation, Job Security and Stability, Transparent Communication from Management
Things I don't like: Lack of Teamwork or Collaboration, Negative or Toxic Work Culture, High-Stress Work Environment




★★★☆☆ - - - - 4/5/2025 - flag as inappropriate - comment
Things I like: Employee Recognition and Appreciation, Training and Professional Development, Career Growth Opportunities
Things I don't like: Job Instability or Frequent Layoffs, Unclear Company Direction or Leadership Issues, Unmanageable Workload or Unrealistic Expectations




★★★☆☆ - - - - 2/1/2025 - flag as inappropriate - comment
Things I like: Supportive Management
Things I don't like: Poor Management, Low Salary Raises, High Workload





★★★★★ - - - - 1/31/2025 - flag as inappropriate - comment
Things I like: Good Immigration Support, Supportive Management, Great Workplace Culture
Things I don't like: Limited Career Growth

You are welcome to share your working, interview or application experience with Sumitomo Mitsui Banking Corporation as well as its owners or employees. Please avoid mentioning any names or using profanity and obscene languages when you are making comments.

Many of the reviews about H1B visa and green card sponsors on our web site are negative. Though this somewhat reflects one aspect of real immigrant labor market, you should do more research and use your own judgment to make decisions. Please be also aware that some reviews and comments were submitted by employers, competitors or disgruntled employee of Sumitomo Mitsui Banking Corporation.

Under federal law (Section 230 of the Communications Decency Act) MyVisaJobs.com is not legally responsible for the information posted by the third parties, even if the posted information contains remarks that are defamatory. If you find any review about Sumitomo Mitsui Banking Corporation is inappropriate, please use the Flag As Inappropriate link next to the review to report.

If you find an employer has violated any proceeding under the Immigration and Nationality Act (INA) or it has committed either a willful failure or a misrepresentation of a material fact of the Labor Condition Application (LCA) attestations, please do not post your review here. You should contact Dept of Labor, Dept of Justice or U.S. Immigration and Customs Enforcement (ICE).

For additional information, visit DOL Wage and Hour Division Website: http://www.wagehour.dol.gov and/or call their toll-free information and helpline, available 8 a.m. to 5 p.m. in your time zone, 1-866-4USWAGE (1-866-487-9243).
Employer: Sumitomo Mitsui Banking
Review Result: 3.5 out of 5 stars 4 votes

read more [+]

Related & Recommended Employers

Employers in Industry Finance and Insurance

Citibank

Visa Rank: 30 | Visa Total: 2385

Goldman, Sachs

Visa Rank: 35 | Visa Total: 2071

Morgan Stanley Services Group

Visa Rank: 61 | Visa Total: 1173

American Express Travel

Visa Rank: 80 | Visa Total: 1011

Goldman Sachs Services

Visa Rank: 81 | Visa Total: 994

Barclays Services

Visa Rank: 90 | Visa Total: 920

Goldman Sacks Bank Usa

Visa Rank: 161 | Visa Total: 494

Mpg Operations

Visa Rank: 199 | Visa Total: 417

Employers in New York , NY

Citibank

Visa Rank: 30 | Visa Total: 2385

Goldman, Sachs

Visa Rank: 35 | Visa Total: 2071

Mphasis

Visa Rank: 39 | Visa Total: 1942

Mckinsey

Visa Rank: 58 | Visa Total: 1294

Morgan Stanley Services Group

Visa Rank: 61 | Visa Total: 1173

American Express Travel

Visa Rank: 80 | Visa Total: 1011

Goldman Sachs Services

Visa Rank: 81 | Visa Total: 994

Barclays Services

Visa Rank: 90 | Visa Total: 920