SUMITOMO MITSUI BANKING H-1B Visa Sponsorship & Salary Data

The median H-1B salary at SUMITOMO MITSUI BANKING is $120,000, based on 428 certified filings from FY 2020 to FY 2026. This is equal to the national H-1B median salary of $120,000. Compensation at SUMITOMO MITSUI BANKING reflects their market positioning, with entry-level roles starting around $90,043 and senior positions reaching $180,000 or higher. These figures represent base salaries in LCA filings and may not include bonuses, equity grants, or other compensation common at large employers.

Salaries at SUMITOMO MITSUI BANKING range from $80,000 at the 10th percentile to $180,000 at the 90th percentile, showing a $100,000 spread across experience levels and roles. The 25th percentile is $90,043 and the 75th percentile is $160,000.

Yes, SUMITOMO MITSUI BANKING actively sponsors H-1B visas and has been a consistent participant in the H-1B program. They have filed 440 H-1B labor condition applications from FY 2020 to FY 2026, demonstrating ongoing commitment to hiring international talent. With 428 certified applications and a 0% denial rate, SUMITOMO MITSUI BANKING maintains a strong track record for H-1B sponsorship. The company sponsors positions across multiple job categories and locations, making them a viable option for professionals seeking H-1B visa sponsorship.

In the most recent fiscal year (FY 2026), SUMITOMO MITSUI BANKING filed 18 H-1B applications, with 18 certified and 0 denied. Over 7 years of data, SUMITOMO MITSUI BANKING has consistently demonstrated commitment to H-1B sponsorship.

Note: These are Labor Condition Applications (LCAs) filed with the Department of Labor, which is a prerequisite for H-1B petitions. The actual number of H-1B petitions filed with USCIS may differ.

SUMITOMO MITSUI BANKING's LCA (Labor Condition Application) denial rate is 0%, with 0 out of 440 applications denied across all years. This translates to a 100.0% certification rate, which indicates how successfully the company prepares and files H-1B applications. A lower denial rate suggests better compliance with Department of Labor requirements, proper wage documentation, and accurate job classification. Prospective H-1B applicants should consider this approval rate alongside other factors like salary, job role, and location when evaluating SUMITOMO MITSUI BANKING as a potential H-1B sponsor.

This is an excellent approval rate, indicating SUMITOMO MITSUI BANKING has strong H-1B sponsorship practices and typically meets DOL requirements. Applicants can feel confident in the company's H-1B track record.

SUMITOMO MITSUI BANKING sponsors H-1B visas for various specialty occupation positions requiring at least a bachelor's degree. Based on 428 certified filings, the most commonly sponsored job titles reflect the company's primary business functions and talent needs. These positions typically require specialized knowledge in fields like technology, engineering, finance, or scientific research. Understanding which roles SUMITOMO MITSUI BANKING most frequently sponsors can help job seekers target their applications effectively.

Most common H-1B job titles at SUMITOMO MITSUI BANKING:

The most frequently sponsored role is Model Validation Analyst with 10 filings at a median salary of $90,000. This is followed by Associate, Senior Risk Analyst (10 filings) and Associate, Regulatory Reporting.

SUMITOMO MITSUI BANKING's H-1B positions are distributed across multiple U.S. locations, with concentration in major metropolitan areas and tech hubs. Geographic distribution often reflects company office locations, client sites, and regional market demands. Location significantly impacts H-1B salary due to varying cost of living and local wage requirements. Understanding where SUMITOMO MITSUI BANKING sponsors H-1B workers can help candidates target specific offices and negotiate appropriate compensation for each market.

Top SUMITOMO MITSUI BANKING H-1B locations:

The largest H-1B hub for SUMITOMO MITSUI BANKING is New York, NY with 203 filings at a median salary of $120,000. The highest-paying location is Tega Cay, SC at $186,347 median. Salaries range from $107,078 to $186,347 across office locations.

SUMITOMO MITSUI BANKING's median H-1B salary has increased by +57% from FY 2020 ($95,000) to FY 2026 ($148,678). Tracking salary trends over time reveals how SUMITOMO MITSUI BANKING adjusts compensation to remain competitive in the H-1B labor market. Salary growth typically reflects inflation adjustments, increased demand for specialized skills, and evolving prevailing wage requirements. These historical trends can help applicants understand future salary expectations and negotiate appropriately when considering H-1B opportunities at SUMITOMO MITSUI BANKING.

Year-by-year breakdown:

• FY 2022: $115,000 (46 certified)
• FY 2023: $140,000 (70 certified)
• FY 2024: $140,000 (79 certified)
• FY 2025: $115,731 (153 certified)
• FY 2026: $148,678 (18 certified)

This 57% growth reflects strong compensation adjustments at SUMITOMO MITSUI BANKING, keeping pace with market demands for H-1B talent.

SUMITOMO MITSUI BANKING primarily files H-1B applications at Wage Level II, accounting for 38% of their filings. DOL wage levels range from Level I (entry-level, 17th percentile of local wages) to Level IV (expert, 67th percentile). Wage level determines both salary requirements and, under recent H-1B rules, lottery selection priority. Higher wage levels receive preference in the H-1B lottery, making SUMITOMO MITSUI BANKING's wage level distribution an important factor for prospective applicants assessing their chances of H-1B selection.

With 83% of positions at Level II or higher, SUMITOMO MITSUI BANKING typically offers competitive wages above entry-level. Higher wage levels receive priority in the H-1B lottery.

SUMITOMO MITSUI BANKING's median H-1B salary of $120,000 is equal to the national H-1B median of $120,000 across all employers and industries. This comparison provides context for evaluating SUMITOMO MITSUI BANKING's competitiveness in attracting H-1B talent. Keep in mind that industry, location, and job function significantly impact salary levels. Tech companies and financial institutions typically offer higher H-1B salaries than other sectors, while salaries in major metros like San Francisco and New York exceed those in smaller markets. Compare SUMITOMO MITSUI BANKING's offerings with similar companies in your field for a more accurate assessment.

SUMITOMO MITSUI BANKING's H-1B salaries are competitive with industry averages. The 428 total filings indicate active H-1B sponsorship.

Recent H-1B rule changes have increased filing fees and introduced wage-level prioritization in the lottery. SUMITOMO MITSUI BANKING files 17% of positions at Level I, which may face more lottery competition under wage-level prioritization rules.

With 428 certified filings, SUMITOMO MITSUI BANKING invests significantly in H-1B sponsorship. The company's 0% denial rate suggests strong compliance with H-1B requirements and documentation standards.

Note: H-1B regulations are subject to change. Fees shown are estimates based on 2024 USCIS fee schedules. Actual costs may vary based on company size, premium processing, and future rule changes.