Certification Rate
99.7%
2026 data Public-data reference Official source
Sumitomo Mitsui Banking Corporation
375 H-1B petitions, 99.7% certified, $133,949 median salary, FY2023–2026.
New York, NY NAICS: 522110
The verdict
Sumitomo Mitsui Banking Corporation filed 375 H-1B petitions, among the very largest U.S. sponsors - certified at 99.7% with a $133,949 median offered wage.
- 375
- H-1B petitions, FY2023–FY2026
- 99.7%
- DOL-certified
- $133,949
- median offered wage
- Top 1%
- of sponsors by volume
Based in New York, NY. Computed live from U.S. Department of Labor LCA disclosures.
H-1B sponsorship profile: Sumitomo Mitsui Banking Corporation. Across U.S. Department of Labor LCA disclosures, Sumitomo Mitsui Banking Corporation filed 375 Labor Condition Applications covering 375 H-1B worker positions between fiscal year 2023 and fiscal year 2026. The employer’s DOL certification rate sits at 99.7% (374 certified of 375 filed), a useful proxy for how cleanly their prevailing-wage attestations pass the Labor Department’s preliminary review before USCIS adjudication.
Compensation spread. Offered wages on Sumitomo Mitsui Banking Corporation’s H-1B petitions range from $56,056 at the low end to $292,427 at the high end, with a petition-weighted average of $133,949. That range reflects the mix of occupations the company sponsors, led by Model Validation Analyst (9 petitions at $86,974 avg), followed by Vice President, Data Analytics Manager and Associate, Regulatory Reporting. H-1B salaries reported on LCAs must meet or exceed the DOL prevailing wage for the role and worksite, so the spread also tracks wage-level geography and seniority.
Geographic footprint. Sumitomo Mitsui Banking Corporation is headquartered in New York, NY under NAICS code 522110, and places H-1B workers across 6 states, most heavily in NY, NJ, NC. Combined, these signals give a granular view of how one employer uses the H-1B program, volume, approval cleanliness, wage posture, and where the jobs actually sit on the map.
Where Sumitomo Mitsui Banking Corporation ranks. By H-1B petition volume, Sumitomo Mitsui Banking Corporation is #519 of 119,880 employers nationally and #47 of 14,719 employers headquartered in NY. Both ranks are computed live from the same underlying petition counts, not a separate estimate.
Avg. Salary
$133,949
Median Salary
$133,949
Total Workers
375
Compare with another sponsor
Sumitomo Mitsui Banking Corporation vs a peer vs the national average, from DOL LCA data.
Avg. offered wage$133,949 · 15% higher than Mphasis Corporation
This sponsor
Peer
$116,239
National avg.
$112,482
Certification rate99.7% · about the same as Mphasis Corporation
This sponsor
Peer
99.8%
National avg.
97.7%
Total petitions375 · 93% lower than Mphasis Corporation
This sponsor
Peer
5,406
National avg.
16
Filing Growth (FY2023 to FY2026) 19.0%
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Salary Analysis
Compensation range for H-1B positions at Sumitomo Mitsui Banking Corporation
Minimum
$56,056
Maximum
$292,427
Average Salary
$133,949
Wage vs. DOL Minimum
+8.1%
national avg +17.9%
Typical DOL Wage Level
Fully Competent (Level IV)
29.9% of petitions
Full-Time Positions
99.5%
Primary Worksite County
NEW YORK, NY
42.1% of petitions
Petition History
H-1B filing trends from FY2023 to FY2026
FY2023 96 petitions · 86.5% certified · $135,893 avg
FY2024 98 petitions · 87.8% certified · $144,050 avg
FY2025 163 petitions · 95.7% certified · $2,377,727 avg
FY2026 is partial data (through Q1). Chart shows completed fiscal years only.
| Year | Petitions | Certified | Avg. Salary |
|---|---|---|---|
| FY2023 | 96 | 83 | $135,893 |
| FY2024 | 98 | 86 | $144,050 |
| FY2025 | 163 | 156 | $2,377,727 |
| FY2026(partial) | 18 | 18 | $146,244 |
Top Occupations
Most frequently sponsored job titles at Sumitomo Mitsui Banking Corporation
| Job Title | Petitions | Avg. Salary |
|---|---|---|
| Model Validation Analyst | 9 | $86,974 |
| Vice President, Data Analytics Manager | 7 | $167,143 |
| Associate, Regulatory Reporting | 7 | $118,571 |
| Associate, Financial Resource Optimization | 7 | $124,758 |
| Vice President, Senior Model Validation Specialist | 6 | $170,820 |
| Vice President, Audit Manager | 6 | $155,293 |
| Vice President, Regulatory Officer | 5 | $180,075 |
| Vice President, Finance Change Management | 5 | $155,954 |
| Associate, Senior Risk Analyst | 5 | $101,709 |
| Vice President, Sustainability & Climate Risk | 4 | $165,000 |
| Vice President, Senior Audit Manager | 4 | $171,250 |
| Vice President, Regulatory Reporting Change Management | 4 | $168,277 |
| Vice President, Liquidity Risk | 4 | $148,639 |
| Associate, Model Risk | 4 | $113,866 |
| Vice President, Microservices Architect | 3 | $180,000 |
Geographic Distribution
Where Sumitomo Mitsui Banking Corporation places H-1B workers across the United States
Recent LCA Petitions
Latest H-1B labor condition applications filed by Sumitomo Mitsui Banking Corporation
| Job Title | Location | Salary | Status | Year |
|---|---|---|---|---|
| Vice President, Finance Technology Strategy | Jersey City, NJ | $126,818 | Certified | FY2026 |
| Associate, Senior Risk Analyst I | Jersey City, NJ | $126,963 | Certified | FY2026 |
| Associate, Execution Management, Latin America | New York, NY | $148,678 | Certified | FY2026 |
| Director, Portfolio Management & Portfolio Origination | New York, NY | $179,088 | Certified | FY2026 |
| Vice President, Quantitative Credit Modeling | Jersey City, NJ | $142,232 | Certified | FY2026 |
| Vice President, HRIS Platform Support | Jersey City, NJ | $148,990 | Certified | FY2026 |
| Analyst, Fund Finance Solutions | New York, NY | $118,248 | Certified | FY2026 |
| Vice President, Finance Change Management | Charlotte, NC | $140,795 | Certified | FY2026 |
| Vice President, Regulatory Reporting Change Management | Jersey City, NJ | $169,541 | Certified | FY2026 |
| Associate, Analytics | Jersey City, NJ | $109,491 | Certified | FY2026 |
| Vice President, Finance Change Management | New York, NY | $158,974 | Certified | FY2026 |
| Director, Data Governance and BI Development | Jersey City, NJ | $169,541 | Certified | FY2026 |
| Analyst, Sr. Portfolio Analyst | New York, NY | $85,000 | Certified | FY2026 |
| Vice President, Financial Reporting | Jersey City, NJ | $146,058 | Certified | FY2026 |
| Vice President, Audit Manager | Jersey City, NJ | $186,056 | Certified | FY2026 |
| Vice President, FCC Risk Assessment | Tega Cay, SC | $186,347 | Certified | FY2026 |
| Vice President, Regulatory Policy | Charlotte, NC | $116,750 | Certified | FY2026 |
| Vice President, GRC Senior Manager | Jersey City, NJ | $172,827 | Certified | FY2026 |
| Associate, Senior Financial Reporting Specialist I | Jersey City, NJ | $97,406 | Certified | FY2025 |
| Director, Counsel | New York, NY | $215,530 | Certified | FY2025 |
| Associate, Risk Management Specialist | New York, NY | $126,963 | Certified | FY2025 |
| Vice President, Pre-provision Net Revenue Modeler | New York, NY | $112,778 | Certified | FY2025 |
| Vice President, Change Management Support | New York, NY | $150,301 | Certified | FY2025 |
| Director, Senior Manager, Regulatory Reporting | Jersey City, NJ | $217,422 | Certified | FY2025 |
| Associate, Distribution Risk | New York, NY | $118,248 | Certified | FY2025 |
| Analyst, Infrastructure Finance, North America | New York, NY | $118,248 | Certified | FY2025 |
| Director, AI Transformation | White Plains, NY | $158,974 | Certified | FY2025 |
| Vice President, Program Manager | Princeton, NJ | $150,301 | Certified | FY2025 |
| Vice President, Credit Risk Model Owner | New York, NY | $180,107 | Certified | FY2025 |
| Analyst, Liquidity Management | New York, NY | $72,467 | Certified | FY2025 |
| Director, Analytics | Bothell, WA | $196,914 | Certified | FY2025 |
| Vice President, Quantitative Modeling | Jersey City, NJ | $112,778 | Certified | FY2025 |
| Vice President, Quantitative Modeling | Jersey City, NJ | $112,778 | Certified | FY2025 |
| Analyst, Liquidity Methodology - Derivatives Specialist | New York, NY | $72,467 | Certified | FY2025 |
| Associate, CUSO Treasury Operations | New York, NY | $87,838 | Certified | FY2025 |
| Vice President, Senior Data Engineer | Jersey City, NJ | $167,835 | Certified | FY2025 |
| Analyst, ABS Lending | New York, NY | $84,677 | Certified | FY2025 |
| Associate, Credit Officer Securitization | New York, NY | $116,480 | Certified | FY2025 |
| Director, Valuation Control | Jersey City, NJ | $179,088 | Certified | FY2025 |
| Vice President, Origination and Execution | New York, NY | $148,678 | Certified | FY2025 |
| Vice President, Strategic Governance and Initiatives | New York, NY | $156,645 | Certified | FY2025 |
| Associate, Project Finance Portfolio Management | New York, NY | $116,480 | Certified | FY2025 |
| Director, Scenario Expansion Modeling | Jersey City, NJ | $188,178 | Certified | FY2025 |
| Associate, Audit Manager | Jersey City, NJ | $112,778 | Certified | FY2025 |
| Vice President, Cyber Risk | Jersey City, NJ | $172,827 | Certified | FY2025 |
| Associate, Analytics | Naperville, IL | $116,334 | Certified | FY2025 |
| Director, Credit Grading Model Development | Jersey City, NJ | $164,174 | Certified | FY2025 |
| Vice President, Risk Modeling Specialist | New York, NY | $146,141 | Certified | FY2025 |
| Director, Quality Assurance | Jersey City, NJ | $171,384 | Certified | FY2025 |
| Vice President, Audit Manager | Jersey City, NJ | $142,646 | Certified | FY2025 |
Similar Employers in NY
Other H-1B sponsors based in NY, ranked by petition volume
Mphasis Corporation
New York, NY
5,406 petitions $116,239 avg
Citibank, NA
NEW YORK, NY
4,240 petitions $157,483 avg
Goldman Sachs & Co LLC
NEW YORK, NY
4,075 petitions $135,658 avg
Morgan Stanley Services Group Inc
New York, NY
2,325 petitions $157,366 avg
McKinsey & Company, Inc United States
New York, NY
2,035 petitions $170,783 avg
Synechron, Inc
New York, NY
1,982 petitions $114,403 avg
Compare Sumitomo Mitsui Banking Corporation vs Mphasis Corporation side-by-side →
H-1B Guides
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Frequently Asked Questions
How many H-1B petitions has Sumitomo Mitsui Banking Corporation filed?
Sumitomo Mitsui Banking Corporation has filed 375 H-1B LCA petitions covering 375 worker positions from FY2023 to FY2026.
What is the H-1B approval rate for Sumitomo Mitsui Banking Corporation?
Sumitomo Mitsui Banking Corporation has a 99.7% certification rate, with 374 out of 375 petitions certified.
What is the average H-1B salary at Sumitomo Mitsui Banking Corporation?
The average H-1B salary at Sumitomo Mitsui Banking Corporation is $133,949. Salaries range from $56,056 to $292,427.
What are the most common H-1B job titles at Sumitomo Mitsui Banking Corporation?
The top H-1B job titles at Sumitomo Mitsui Banking Corporation include Model Validation Analyst, Vice President, Data Analytics Manager, Associate, Regulatory Reporting. The most common position is Model Validation Analyst with 9 petitions at an average salary of $86,974.
Where is Sumitomo Mitsui Banking Corporation located?
Sumitomo Mitsui Banking Corporation is headquartered in New York, NY. Their H-1B workers are distributed across 6 states, with the most positions in NY, NJ, NC.
Is Sumitomo Mitsui Banking Corporation H-1B dependent?
No, Sumitomo Mitsui Banking Corporation is not classified as H-1B dependent.
How has Sumitomo Mitsui Banking Corporation's H-1B sponsorship changed over time?
Sumitomo Mitsui Banking Corporation filed 96 petitions in FY2023 and 18 in FY2026. Average salary increased from $135,893 to $146,244.
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Data Sources
H-1B visa petition data is sourced from the U.S. Department of Labor (DOL) Labor Condition Application (LCA) disclosure files. Data covers fiscal years 2023 through 2026. Salary figures reflect amounts listed on LCA petitions, not actual compensation paid. Certification of an LCA does not guarantee visa approval.
Source: DOL Foreign Labor Performance Data
Source: U.S. Department of Labor, Office of Foreign Labor Certification, LCA Disclosure Data (FY2023–FY2026)
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Labor LCA disclosure files. Consult a qualified professional before making decisions based on this data.
Read our methodology , how this data is sourced, computed, and verified.
Every figure on PlainVisa is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.