Standard Chartered Bank
3.5 of 5 493 reviews
www.standardchartered.com London, United Kingdom 5000+ Employees

Standard Chartered Bank Reviews

Updated Apr 13, 2014
All Employees Current Employees Only

3.5 493 reviews

                             

91% Approve of the CEO

Standard Chartered Bank Group CEO Peter Sands

Peter Sands

(198 ratings)

78% of employees recommend this company to a friend
160 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Supportive mentorship but limited range of exposure for interns

Risk Management Intern (Former Employee)
Taipei (Taiwan)

I worked at Standard Chartered Bank as an intern for less than a year

ProsSupportive mentors, decent compensation for an internship, interesting project.

ConsHard to see impact of project; no opportunity for rotation or broader exposure to functional departments; boring/unimaginative colleagues

Advice to Senior ManagementCreate greater opportunities for interns to gain exposure to bank operations

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great Experience

Anonymous Employee (Current Employee)

I have been working at Standard Chartered Bank

ProsIt is very close knit company

ConsSlightly convoluted structure. Difficult to navigate.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Very good company to work for.

Sys Administrative (Former Employee)
Chicago, IL (US)

I worked at Standard Chartered Bank as a contractor for more than a year

ProsVery good company to work for.

ConsManagers are very people oriented.

Advice to Senior ManagementNone

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Great experience to understand commercial banking

Anonymous Employee (Former Employee)

I worked at Standard Chartered Bank as an intern

ProsWorking environment is pleasant. What I did is related to my major.

ConsNo training program. Also, there was lack of interaction with customers.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Sinking ship

Financial Analyst (Current Employee)
Singapore (Singapore)

I have been working at Standard Chartered Bank full-time for more than 3 years

ProsGood work life balance however increasing having to pull late hours due to impending restructuring

ConsSeveral teams tend to be racially dominated.

Advice to Senior ManagementConsider better increment and more frequent increment

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

An employee with no respect

Anonymous Employee (Current Employee)

I have been working at Standard Chartered Bank full-time

ProsGreat work life balance at the company

ConsAbility to move up in the company

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Won't recommend for short term internship

Associate Client Coverage (Current Employee)
Beijing, Beijing (China)

I have been working at Standard Chartered Bank as an intern for less than a year

ProsFriendly and relaxing work environment. Giving great personal improving spaces in Wholesale Banking. Having a lot of summer internship openings every year.

ConsWill not have a lot of guidance from your line manager or other supervisor, especially when your are located in different branches.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

I had spent 3 years with the bank. Joined the bank in 2009. Overall my experience was neutral with the bank.

Manager - Preferred Banking (Former Employee)
Bangalore (India)

I worked at Standard Chartered Bank full-time for more than 3 years

ProsGood work life balance, great people with lots of years with the bank

ConsSalaries are not at all based on performance but based on your level in the organization. Awards make up for salary. Business units goals are not aligned with management goals.

Advice to Senior ManagementKeep your employees happy and tell them your vision as a bank. People are just working towards monthly targets.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         

1 person found this helpful  

Simply Confusing Bank

Anonymous Employee (Current Employee)

I have been working at Standard Chartered Bank full-time

ProsGreat place with a potential for career development, learning opportunities, enrichment, culture of excellence, very decent staff benefits that covers self and family.

Creative banking products and a culture of creativity that puts us at the forefront in the market and aids with bringing customers to bank with us. Good place to learn and be exposed to new products and suite of investment tools as the bank seeks to equip bankers with a wide range of solutions that makes the customer engagement complete.

ConsAs with most bank roles, staffs are often left feeling undervalued and with the current culture and practice to bankers it makes staff feel that there is no much trust towards them as upper management actively seek out a manage from far practice which reduces everyone to a number that nurtures a habit of people pleasing which makes work in the long run, quite a hollow experience.

Unfortunately a place where it seems that those who want to stay end up leaving and those that shouldn't stay are around with the bank.

Advice to Senior ManagementConflicting purpose and direction, often feels bipolar, with some wanting one direction and others wanting another and the rest of the organisation is often made to turn on a dime.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Great Bank to get exposure to emerging markets

Associate (Current Employee)

I have been working at Standard Chartered Bank full-time for more than 3 years

ProsFair compensation and benefits. A lot of opportunities to move internally across functions and geographies. Lots of training opportunities and community service initiatives e.g. seeing is believing, organized marathons in various cities (Mumbai, UAE, Hong Kong)

Consout-dated systems and technological infrastructure. Relatively high attrition makes it difficult to plan and execute on plans. Constantly changing strategy and priorities makes it a bit unsettling to plan one's career in the bank.

Advice to Senior ManagementAttract and retain talent and ensure frequent communication to mid-junior level staff.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Standard Chartered Bank? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Standard Chartered Bank reviews and ratings - including employee satisfaction and approval ratings for Standard Chartered Bank CEO Peter Sands. All 160 reviews are posted anonymously by Standard Chartered Bank employees.