What It Does: MUFG Bank provides a wide range of financial services in corporate and investments, investment management, securities, and more.
Mission: Through a foundation of strength and trust, MUFG Bank aims to ensure sustainable growth by meeting the needs of clients, partners, and communities.
Size and Presence: MUFG Bank currently functions with an employee base of over 180,000 in 2,500 locations worldwide.
Best known for: MUFG Bank is known for its long-term relationship with clients engineered by the sheer number of groups that makes everyone valued and confident.
The good bits: Despite being a global leader, MUFG Bank manages to offer exceptional work/life balance with competitive benefits.
The not-so-good bits: Some sectors in the bank are micromanaged with keen attention paid to details to uphold the firm’s high standards.
The modern history of MUFG Banks dates as far back as 2005. The bank was formed through a merger between Mitsubishi Tokyo Financial Group and UFJ Group. While the modern MUFG Bank story began around 17 years ago, the original idea of the bank was more than 300 years old.
The Bank over time has built on its distinct history and willingness to ensure seamless financing. Along with the expansion of the bank, it continued to create subsidiaries as well and boasts 300 companies under its wing.
Today, the bank continues to uphold its principle of trust. Over 100,000 workers in 2,500 locations worldwide work actively to attain this goal every day.
With a global footprint spanning more than 2,000 locations worldwide, MUFG Bank needs a general principle that serves the same results worldwide. These principles are crucial to creating and sustaining an inclusive workplace that is productive and enjoyable.
At MUFG Bank, every task is client-centric, people-focused, innovative, and simplified. Everyone at the Bank has a unique voice and must be keen to listen and learn.
Combining these principles of professionalism and exceptional human relation makes working at MUFG Bank an absolute treat. The atmosphere is friendly, and innovative, and offers a new thing to be learnt every day.
MUFG Bank provides a plethora of opportunities for graduates and interns even without a finance background to join their team. The company relies on their onboarding training to give employees the skills they need to excel.
The first step in recruiting graduates and interns into the organization requires applicants to check vacancies that best suit them. After selecting the graduate or internship position they’re interested in, applicants are required to submit an online application and a tailored Curriculum Vitae.
Selected applicants are then invited to
complete online assessments and partake in a telephone interview. Candidates who successfully conclude these assessment sessions are invited for an in-person assessment day. On the assessment day, candidates are required to participate in group exercises, a business interview, and networking sessions.
Graduate and internship candidates who satisfactorily conclude the assessment process are onboarded and enjoy special training to help them excel.
MUFG Bank claims to offer employees opportunities, challenges, and training they need to grow professionally. Thanks to a global reach, MUFG Bank fosters collaboration with industry-leading individuals.
The broad business area the company provides allows employees to challenge themselves and enjoy cultural diversity in their approach to work.
MUFG Bank offers an average salary of around $76,891 annually while interns earn around $76,738 per year.
MUFG Banks believe in making social investments that showcase their values and demonstrate their willingness to work in tandem for sustainability. They engage in innovative collaborations that’ll see them make the planet a better place.
They offer development grants to communities and give employees leave to pursue their philanthropic efforts. Thanks to the platform the company gives, their employees volunteered over 60,000 hours of community service.
MUFG is also committed to ensuring clean earth by providing financial services to companies focused on sustainability solutions.
MUFG Bank has come under scrutiny in recent times for its inability to detect money laundering activities using its account. The Office of the Comptroller of the Currency claimed to have observed serious irregularities in MUFG Bank branches in the USA.
While the bank claimed to be taking precautions towards preventing money laundering, they have been receiving several of these accusations in the past.