Standard Chartered Bank

www.standardchartered.com
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Standard Chartered Bank Reviews

Updated March 29, 2015
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2.0
74 Reviews
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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
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74 Employee Reviews

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  1. No clear direction for the company, leading to hostile and disorganized work environment.

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

    I worked at Standard Chartered Bank

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Opportunity for international travel given bank's global footprint.

    Cons

    Below market pay, little to no chance for promotion, long hours.

  2. Helpful (2)

    Can Learn A Lot But Highly Political

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

    I worked at Standard Chartered Bank (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Broad international presence
    Opportunities to live and work abroad
    Very interesting Emerging Markets business
    You can learn a lot
    Great franchise in many interesting markets

    Cons

    Extremely political environment
    Skill level and work product actually counts for very little
    EXTREMELY bureaucratic, smallest decisions driven by overseas HQ
    Even high level execs in US really don't have much power
    Environment discourages speaking up/encourages sycophants
    Massive churn
    "Run scared" culture
    Lack of transparency/honesty by senior management

    Advice to Management

    Devolve power
    Trust the skills and experience of the people you've hired
    Shake up senior management

  3. 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 a year)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    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 Management

    Stop being afraid.

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  5. 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 a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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

  6. 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 Contractor - IT Support in New York, NY
    Former Contractor - IT Support in New York, NY

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

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

    Pros

    Location was nice in Manhattan, near Penn Station.

    Cons

    Very political environment, working hard will not be enough.

    Advice to Management

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

  7. 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

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

    Pros

    decent training and culture here

    Cons

    top heavy; sluggish growth opportunity

    Advice to Management

    rock the boat

  8. 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 a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Decent pay; nice office space

    Cons

    Anachronistic culture; too bureaucratic and Asian focused

    Advice to Management

    Welcome to the 21st century

  9. Not the best place to start but worth joining at a later stage in your career

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

    I worked at Standard Chartered Bank full-time (More than 3 years)

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

    Pros

    Freedom to do what needs to be done (little micro management

    Cons

    Not enough SMEs thus knowledge extraction is difficult
    No clarity around how current projects will improve the business in the long term
    Many people overvalued: knowledge < pay

    Advice to Management

    Ensure that resources are pulling their weight

  10. People spend more time on politics than their job scope. Yes, your career depends on it.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Standard Chartered Bank (More than 3 years)

    Pros

    Wide geographic coverage, good network

    Cons

    There were too many power centres within every department, whose aim is to survive as that group!

    Advice to Management

    Change the culture, that's all it takes.

  11. I don't like to work for bank as, SCB is no exception.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank

    Pros

    The international graduate program is an advantage for graduates to enjoy at an entry level

    Cons

    The incompetence of management cause frustration and difficulty for everyday 's work.

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