Standard Chartered Bank

  www.standardchartered.com
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Standard Chartered Bank Reviews

Updated August 27, 2014
Updated August 27, 2014
578 Reviews

3.6
578 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
233 Ratings

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 47 reviews)

  • Nice working environment inside the company (in 38 reviews)


Cons
  • work life balance based upon projects (in 19 reviews)

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

More Highlights

307 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to work at. The bank values employees and encourage development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Middle Office Analyst  in  New York, NY
    Current Employee - Middle Office Analyst in New York, NY

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

    Pros

    SCB is focused on emerging markets while maintaining a slight aversion for risk. That configuration led the bank to do extremely well during recent financial crisis.

    Cons

    Too many processes in place. takes a long time to make decisions.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Bank undergoing change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - N/A  in  New York, NY
    Current Employee - N/A in New York, NY

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

    Pros

    In past, bank valued employees with good banking skills. This has changed. There is an increasing rush to replace employees with others who have experience in businesses the bank does not have the competency to support.

    Cons

    Bank is undergoing a lot of change. Power base is centered in Asia and tends to be ignorant of market dynamics in US.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    overall experience

    • 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

    Pros

    good prospects for growth with good perks
    there are always good training opportunities as long as you have a willingness get the training.

    Cons

    you should be prepared to put in a fair share of work if you are to progress in the company, otherwise a really good company to work for.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    An employee with no respect

    • 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

    Great work life balance at the company

    Cons

    Ability to move up in the company

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great company

    • 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

    Pros

    Here for good! Nice offices.

    Cons

    Middle management, static, compensation is below market.

    Recommends
    Approves of CEO
  7.  

    Good brand to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  San Francisco, CA
    Current Employee - Manager in San Francisco, CA

    I have been working at Standard Chartered Bank full-time for more than a year

    Pros

    Aggressive
    Fast
    Multi Culture
    Learning new Tech
    Always busy

    Cons

    Worklife balance not good in SCB

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Start-up culture but large matrixed organization

    • 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 for more than 5 years

    Pros

    Those identified as top performers are given lots of opportunity for upward and lateral mobility, which is good for people who prefer a general management (vs specialization) career track.

    Senior management in London and other regional headquarters seem to care about making things better.

    Values based organization which is open to giving back to the community. Lots of opportunity for volunteerism.

    Cons

    Hard to navigate matrixed organisational structure - which often slows down decision making and results in lack of ownership (probably common with all large global companies?)

    A lot of managers just focus on pleasing upper management, often ignoring or trying to cover up the real problems and issues.

    Majority of internal infrastructure outdated or not user friendly

    Advice to ManagementAdvice

    Good job on people management.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    best place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank

    Pros

    best place to work with

    Cons

    no cons and good work culture

  10.  

    Excellent Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Recruiting Specialist  in  San Francisco, CA
    Current Employee - Senior Recruiting Specialist in San Francisco, CA

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

    Pros

    Great culture, collaborative, everyone takes a team approach and is respectful of one another in Talent Acquisition, America. The Head of the TA team is very supportive, patient, and realistic regarding deadlines and goals to be met. He is very hands-on and open with his lines of communication and direction. the TA group thinks like "true" business partners to the business lines we supported not HR drones kept in the dark. I give a thumbs up to working with this team.

    Cons

    Lack of opportunities outside of Newark, NJ - which is a very undesirable working environment and unsafe location. The open work space concept can be very distracting which causes a disconnect due to people then searching for a quite place to work or from home.

    Advice to ManagementAdvice

    See above

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good bank with some issues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate  in  Newark, NJ
    Current Employee - Associate in Newark, NJ

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

    Pros

    Global Bank
    Potential Career development across locations
    Market Rate salaries
    Well-known/Exposure

    Cons

    Seems unprofessional in some locations
    Level of experience among employees varies greatly between Front office and Back office
    Almost impossible to get a raise or a good bonus unless employee decides to move to another department/position
    Majority of systems are outdated

    Advice to ManagementAdvice

    Invest money into new technology, human capital, and to keep current staff from leaving

    Recommends
    Neutral Outlook
    Approves of CEO

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