Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews

Updated December 14, 2014
Updated December 14, 2014
654 Reviews
3.5
654 Reviews
Rating Trends

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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
279 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

65 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Nice work culture but lots of fraud going on

    • 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 full-time (more than an year)

    Pros

    Benefits and pay are really nice. The base salary might be less than at other banks but the benefits and stock options are insanely generous

    Cons

    I feel that the culture of the bank is very elitist

    Advice to ManagementAdvice

    Stop being afraid.

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

    Vice President

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

    I have been working at Standard Chartered Bank full-time (more than an year)

    Pros

    Great place to work and do good work if you want to do really like banking, great opportunities to do great business

    Cons

    bad work life balance, managers dont care about you, difficult to survive office politics, time off policies are bad

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Usual politics, tough for contractors, as they are not treated with much respect by management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Support in New York, NY
    Former Employee - IT Support in New York, NY

    I worked at Standard Chartered Bank as a contractor (more than an year)

    Pros

    Location was nice in Manhattan, near Penn Station.

    Cons

    Very political environment, working hard will not be enough.

    Advice to ManagementAdvice

    Audit managers to see if they are taking kick-backs from vendors.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    nothing worthy

    • 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 full-time

    Pros

    decent training and culture here

    Cons

    top heavy; sluggish growth opportunity

    Advice to ManagementAdvice

    rock the boat

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    In the boondocks in Manhattan - NY outpost of Asian focused London based bank

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

    I worked at Standard Chartered Bank full-time (more than an year)

    Pros

    Decent pay; nice office space

    Cons

    Anachronistic culture; too bureaucratic and Asian focused

    Advice to ManagementAdvice

    Welcome to the 21st century

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Management fails to adhere to contractual terms

    • 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 (less than an year)

    Pros

    # Vibrant working environment, possibly one of the, if not the most international offices around
    # Excellent non-monetary benefits
    # Poised to out-perform due to extensive presence in emerging markets

    Cons

    # Management fails to adhere to contractual terms
    # Below industry monetary remuneration package for entry-level positions
    # Poor Gen-Y engagement
    # Lack of transparency (in terms of strategic decisions from upper management)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    CAUGHT IN A DOWNWARD SPIRAL

    • 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

    Likely all in the past. Quality staff are fleeing as senior management rearrange the deck chairs.

    Cons

    Chaotic. Little integrity. Very political. Massive cronyism and racism.

    Advice to ManagementAdvice

    Resign while there is still a viable franchise to salvage.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Great training ground, if you have the stomach for politics.

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

    I worked at Standard Chartered Bank full-time (more than an year)

    Pros

    Great internal engagement and opportunities for movement. Compensation is fine.

    Cons

    Lots of political agenda.
    There is a vicious culture of trying to please senior stakeholders blindly.
    Race discrimination happens in some teams where they are primarily driven by birds of the same flock.

    Advice to ManagementAdvice

    Top management needs to change(already) old guards need to open up to new ideas. Remove the political culture that is damaging innovation and morale - concentrate on doing what's right, than good.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Used to be a great place but not sure if they are Here for Good now...

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

    I have been working at Standard Chartered Bank full-time (more than 8 years)

    Pros

    Supports internal moves & provides opportunity to do different roles;

    Cons

    Lack of diversity & fairness in certain departments where certain nationalities make up almost 90% of the team! Poor work-life balance particularly in Retail business. Bonus is not great.

    Advice to ManagementAdvice

    Change your strategy and stop being fixated on doing things the old way

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Cash Management Sales

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

    I worked at Standard Chartered Bank full-time (more than an year)

    Pros

    Salary good. Friendly colleagues. Friendly Team Leads.

    Cons

    Very messy. Lots of discrimination.

    Advice to ManagementAdvice

    Be fair and treat everyone equally.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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