Sumitomo Mitsui Banking Corporation — H1B Visa Sponsor Profile
H1B Visa Sponsorship Overview
Sumitomo Mitsui Banking Corporation, based in New York, NY, has filed 275 H1B labor condition applications with the U.S. Department of Labor since FY2008. According to USCIS data, the company has an overall 100.0% petition approval rate, with 57 approvals and 0 denials for initial employment petitions.
The average salary offered on H1B applications is $113,496. This is +33.8% compared to the national median salary of $76,540 for the most common position, Financial and Investment Analysts.
Sumitomo Mitsui Banking Corporation has also filed 88 green card (PERM) applications, with 53 certified, indicating long-term sponsorship commitment for foreign workers. Green Card Sponsor
Sumitomo Mitsui Banking Corporation operates in the Finance and Insurance industry.
H1B Salaries by Job Title
| Job Title | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|
| Financial and Investment Analysts | 82 | $102,400 | $76,540 | +33.8% Above Market |
| Credit Analysts | 36 | $85,963 | $62,540 | +37.5% Above Market |
| Accountants and Auditors | 16 | $100,241 | $81,420 | +23.1% Above Market |
| Financial Managers | 14 | $159,166 | $146,970 | +8.3% Above Market |
| Risk Management Specialists | 14 | $105,510 | $85,290 | +23.7% Above Market |
| Data Scientists | 14 | $136,911 | $100,190 | +36.7% Above Market |
| Regulatory Affairs Specialists | 11 | $108,295 | $59,900 | +80.8% Above Market |
| Computer and Information Systems Managers | 8 | $183,425 | $163,310 | +12.3% Above Market |
| Financial Risk Specialists | 8 | $136,388 | $102,970 | +32.5% Above Market |
| Information Technology Project Managers | 6 | $150,927 | $94,830 | +59.2% Above Market |
| Mathematicians | 5 | $93,000 | $146,440 | -36.5% Below Market |
| Statisticians | 5 | $125,000 | $118,560 | +5.4% Above Market |
| Lawyers | 5 | $198,106 | $167,800 | +18.1% Above Market |
| Financial Examiners | 4 | $85,461 | $78,360 | +9.1% Above Market |
| Information Security Analysts | 3 | $171,885 | $100,440 | +71.1% Above Market |
| Regulatory Affairs Managers | 2 | $216,211 | $92,590 | +133.5% Above Market |
| Project Management Specialists | 2 | $150,301 | $85,120 | +76.6% Above Market |
| Credit Counselors | 2 | $51,500 | $51,680 | -0.3% At Market |
| Software Developers, Applications | 2 | $125,000 | N/A | N/A |
| Business Intelligence Analysts | 2 | $105,000 | N/A | N/A |
USCIS Approval History
| Year | Initial Approved | Initial Denied | Approval Rate |
|---|---|---|---|
| FY2023 | 1 | 0 | 100.0% |
| FY2022 | 5 | 0 | 100.0% |
| FY2021 | 8 | 0 | 100.0% |
| FY2020 | 6 | 0 | 100.0% |
| FY2019 | 8 | 0 | 100.0% |
| FY2018 | 5 | 0 | 100.0% |
| FY2017 | 2 | 0 | 100.0% |
| FY2016 | 1 | 0 | 100.0% |
| FY2015 | 1 | 0 | 100.0% |
| FY2014 | 2 | 0 | 100.0% |
| FY2013 | 2 | 0 | 100.0% |
| FY2012 | 4 | 0 | 100.0% |
| FY2011 | 2 | 0 | 100.0% |
| FY2010 | 6 | 0 | 100.0% |
| FY2009 | 4 | 0 | 100.0% |
Work Locations
Green Card (PERM) Sponsorship
Sumitomo Mitsui Banking Corporation has filed 88 PERM applications for permanent labor certification, with 53 certified.
| Job Title | Applications | Certified | Avg Salary |
|---|---|---|---|
| Credit Anaysts | 24 | 12 | $109,700 |
| Financial Managers, Branch or Department | 10 | 3 | $175,172 |
| Financial and Investment Analysts | 9 | 5 | $118,967 |
| Risk Management Specialists | 7 | 4 | $135,829 |
| Auditors | 6 | 6 | $95,036 |
| Financial Risk Specialists | 6 | 5 | $167,802 |
| Regulatory Affairs Specialists | 4 | 2 | $159,025 |
| Data Scientists | 3 | 2 | $147,400 |
| Software Developers, Applications | 2 | 1 | $146,000 |
| Software Developers | 2 | 1 | $177,250 |
H1B Filing Trends
| Year | LCAs | Certified | Denied | Avg Salary | Workers |
|---|---|---|---|---|---|
| FY2026 | 18 | 18 | 0 | $146,244 | 18 |
| FY2025 | 35 | 35 | 0 | $138,523 | 35 |
| FY2024 | 28 | 25 | 0 | $143,250 | 28 |
| FY2023 | 22 | 20 | 0 | $123,136 | 22 |
| FY2022 | 12 | 11 | 0 | $152,500 | 12 |
| FY2021 | 17 | 15 | 0 | $101,967 | 17 |
| FY2020 | 7 | 7 | 0 | $115,143 | 7 |
| FY2019 | 27 | 0 | 0 | $94,546 | 27 |
| FY2018 | 22 | 0 | 0 | $104,200 | 22 |
| FY2017 | 10 | 0 | 0 | $77,500 | 10 |
| FY2016 | 9 | 0 | 0 | $91,111 | 9 |
| FY2015 | 7 | 0 | 0 | N/A | 7 |
| FY2014 | 7 | 0 | 0 | $72,104 | 7 |
| FY2013 | 9 | 0 | 0 | $85,945 | 9 |
| FY2012 | 10 | 0 | 0 | $78,715 | 10 |
| FY2011 | 9 | 0 | 0 | $90,722 | 9 |
| FY2010 | 14 | 0 | 0 | $114,396 | 14 |
| FY2009 | 4 | 0 | 0 | $69,250 | 4 |
| FY2008 | 8 | 0 | 0 | $84,000 | 8 |