Standard Chartered Bank

www.standardchartered.com

Standard Chartered Bank Reviews

Updated 26 January, 2015
Updated 26 January, 2015
682 Reviews
3.5
682 Reviews
Rating Trends

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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
293 Ratings

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 67 reviews)

  • Work life balance as they have flexi hour with good working environment (in 44 reviews)


Cons
  • Work can get a bit hectic, sometimes difficult to maintain a work-life balance (in 23 reviews)

  • long working hours, low pay, no recognition at work unless youre an indian (in 15 reviews)

More Highlights

203 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    work life banace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank full-time

    Pros

    Career growth is based on performance which is amazing for hard working individual

    Cons

    Salary is not very satisfactory

    Recommends
  2.  

    Good experience to work at Standard Chartered

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trader
    Former Employee - Trader

    I worked at Standard Chartered Bank

    Pros

    Good quality of people with excellent values. Good risk appetite particularly in the credit space.

    Cons

    Poor management often located in remote locations. Poor systems. Poor leadership and consistency in the global strategy.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Career limiting if you are considering venturing into a specialist area.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank

    Pros

    Job stability; specially suitable for generalists.

    Cons

    Career limiting for someone considering a career in a specialist field. You become more of a generalist without having much expert knowledge in any specific area.

    Recommends
    Negative Outlook
    No opinion of CEO
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  5.  

    NOT SO BAD AN EXPERIENCE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst
    Current Employee - Analyst

    I have been working at Standard Chartered Bank

    Pros

    Training opportunities , networking across the world (different continents) working with some of the best systems and latest technology

    Cons

    work life balance may be hard depending in which department/ country you work in.

    Sometimes the salary structures and beauracracy surrounding them can be very frustrating

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Working at SCB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Standard Chartered Bank

    Pros

    Large mnc bank, good career opportunities

    Cons

    Slow growth, matrix organization, less salary

    Recommends
    Negative Outlook
    Disapproves of CEO
  7.  

    Not for those who just want an easy job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources in Singapore (Singapore)
    Former Employee - Human Resources in Singapore (Singapore)

    I worked at Standard Chartered Bank full-time (more than 5 years)

    Pros

    -good cultural values promoted
    -people do talk about the values and try to incorporate them into their day-to-day work

    Cons

    -high level for stress, though for some can be a kind of motivation
    -unclear role and responsibilities
    -long hours

    Recommends
    Negative Outlook
    Approves of CEO
  8.  

    Great prior to 2010, but the culture took a complete u turn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in Mumbai (India)
    Former Employee - Product Manager in Mumbai (India)

    I worked at Standard Chartered Bank

    Pros

    Opportunity to learn, moving cross-functionally

    Cons

    Perks,Promotions,work-life balance,leadership style and onboarding process

    Advice to ManagementAdvice

    Review the culture, its terrible! loyal employees are leaving

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Product Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Product Manager in Shanghai, Shanghai (China)
    Current Employee - Product Manager in Shanghai, Shanghai (China)

    I have been working at Standard Chartered Bank full-time (more than 5 years)

    Pros

    Work life balance, easy job, good pay and good benefit. A lots of trainings program and internal transfers opportunity.

    Cons

    Top down management where the failure to make the strategy change. Much more is known about planning than doing, about strategy making than making strategy work. Senior management oftenly handled poorly and slow execution. Work for your network and relationship is how they value your performance hence your hardwork is not priority. Good people left and wrong people in.

    Advice to ManagementAdvice

    Keep your best people and execution is the key to success. Clear goals for everyone in the company, that are supportive of the overall strategy; keep track the progress toward those goals on a regular basis; and clear accountability for that progress. Those are the basics. As for the product development, bottom-up approach can do well in business strategy at every country.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Lots of opportunities to learn and great medical benefits But loyalty is not well appreciated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Kuala Lumpur (Malaysia)
    Current Employee - Anonymous Employee in Kuala Lumpur (Malaysia)

    I have been working at Standard Chartered Bank full-time (more than 5 years)

    Pros

    Lots of opportunities to learn if willing to put in extra effort.

    Opportunities to work with teams among the region if given chance to involve in Group project.

    Global job relocation opportunities.

    Unlimited medical claim for both employee and dependants.

    30 days annual leave.

    Cons

    Bad work culture as people unable to work and resolve issues as a team and not willing to take up responsibilities.

    Constant change in organisation structure. Have to adapt to fast changing in reporting manager and work relationships.

    Employment of management staffs are contract based. To show that they are competent and performing, lots of new products and campaigns are launched within unrealistic timelines. It stresses out almost every working level staffs and causes high turnover rate.

    Legacy issues popped up everywhere. Therefore requires lots of patience to get things right.

    The bank is not willing to invest in system enhancement and lots of processes involved to enhancement. Hence, businesses has to give up to change request and proceed with manual handling instead of automation.

    Loyalty/long service is not appreciate. Prefer to hiring new employees for higher position over growing existing employees.

    Advice to ManagementAdvice

    Do hear out issues highlighted by working level staffs

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Compensation is at market rate but too much effort in managing up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Controller in Singapore (Singapore)
    Former Employee - Product Controller in Singapore (Singapore)

    I worked at Standard Chartered Bank full-time (more than 5 years)

    Pros

    Compensation is attractive, impression is very important

    Cons

    Spent too much time managing upwards, people who just wants to do their job will be disappointed

    Advice to ManagementAdvice

    When it comes to assessing future leaders the management should try to get 360 feedback.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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