Standard Chartered Bank

www.standardchartered.com
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Standard Chartered Bank Reviews

Updated 23 April, 2015
741 reviews filtered by
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3.5
741 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
306 Ratings

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 Pros and Cons

Employee Reviews

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  1. Decent entry-level internship position

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Standard Chartered Bank

    Recommends
    Recommends

    Pros

    Good starting position to learn
    Comprehensive
    Nice people to work with

    Cons

    May deal with very stuck up people
    You need to be proactive, otherwise you'll just be another useless guy at the office

    Advice to Management

    need a more structured internship program

  2. Competitive work environment

    • 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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good place to work
    friendly

    Cons

    competitive
    no work life balance

  3. 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

    Recommends
    Recommends

    Pros

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

    Cons

    Salary is not very satisfactory

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Senior Application Consultant

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

    I worked at Standard Chartered Bank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very good experience working in SCB. great place for career growth and improving your learning curve. Nice people to work with.

    Cons

    I did not find any

  6. Relationship Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager in Kampala (Uganda)
    Former Employee - Relationship Manager in Kampala (Uganda)

    I worked at Standard Chartered Bank

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Chance to meet new clients everyday. You can easily grow your network
    Very good training ground

    Cons

    Some managers do not know how to mentor their surbodinates

  7. Good employer, lack of knowledgeable staff

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Transaction Banking in Singapore (Singapore)
    Current Employee - Transaction Banking in Singapore (Singapore)

    I have been working at Standard Chartered Bank full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Bank takes pretty good care of its people. Pay is competitive as long as a person is not hired as a junior. Unique network of offices and branches allows for interesting experience. Most multi-cultural international bank I have seen which is very educational. Bank's results may have deteriorated lately but the organisation remains in decent shape.

    Cons

    Career decisions are often taken in the smoking area in downtown Singapore. Culture is quite closed and there can be a lot of back stabbing. Countries and headquarters often don't link up well. It may take a long time before you would actually receive a written job offer, bank can be very bureaucratic in these things.

    Advice to Management

    A lot of senior staff were rapidly promoted in post credit crunch days when bank grew very quickly. There are many cases where it's questionable if these are still the right people to lead the bank from where it is today.

  8. Healthy Bank, Unhealthy (middle) Management

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

    I worked at Standard Chartered Bank full-time (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    - Great staff benefits (decent pay-scale, 25 days of AL, health dollars claimable annually)
    - Good bank culture (lots of staff activities, weekly newsletters keeping a vibrant and open working environment for employees and management alike)
    - Beautiful office
    - Adequate work-life balance (work from 9 to 6)
    - Focus on volunteerism as part of giving back to society
    - Strong brand name

    Cons

    - Lack of career progression/freedom (senior manager refuses to let go of talents to other departments despite the Bank's well-known culture on internal mobility; just wanted employees to work endlessly and ignoring their want/need for career progression; selfish)
    - Manager tends to recruit more foreigners than locals, eg. pulling in ex-colleagues from previous overseas office (Malaysians pulling in fellow Malaysians; Indians pulling in Indians; leaving less/no headcount for Singaporeans
    - Mostly top-down approach; employees unable to speak their minds and most of their ideas get pushed off by lazy direct managers who are more comfortable with the current workflow than to seek higher productivity by improvising on current methods

    Advice to Management

    - Allow employees to provide anonymous feedback on their direct managers during Performance Review (exercise duo-control on work performance of both boss and employee)
    - Conduct anonymous surveys/findings on departments which have higher attrition rates OR departments that have remained stagnant for 5 years and not seen much of career progression

  9. Graduate clerk

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Nairobi (Kenya)
    Former Employee - Anonymous Employee in Nairobi (Kenya)

    I worked at Standard Chartered Bank full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Exposure to different challenges, perfect environment for growth.

    Cons

    You must be ready to work under pressure

  10. international graduate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank full-time

    Pros

    Great program that enables you to learn every different function of the bank. The education program in the beginning with all other IGs from different counties is especially awesone

    Cons

    You dont feel like you are a part of specific department until you get deployed at your permanent role.

  11. Good Place to work.

    • 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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good Place to work
    Space to learn new things
    5 days a week

    Cons

    Work life balance will be low
    Not a good pay master

    Advice to Management

    you have to increase salaries to the people, who are loyal to the company.

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