Standard Chartered Bank

  www.standardchartered.com
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Standard Chartered Bank Reviews

Updated Jul 25, 2014
All Employees Current Employees Only

3.5 561 reviews

90% Approve of the CEO

Standard Chartered Bank Group CEO Peter Sands

Peter Sands

(225 ratings)

76% of employees recommend this company to a friend

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)

182 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Bank undergoing change

    N/A (Current Employee) New York, NY

    ProsIn 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.

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good

    Anonymous Employee (Former Employee)

    ProsFriendly and forgiving environment

    ConsLess team work and guidance from supervisor. Everything is to be understood by yourself.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Very good company to work for.

    Sys Administrative (Former Employee) Chicago, IL

    ProsVery good company to work for.

    ConsManagers are very people oriented.

    Advice to Senior ManagementNone

    Yes, I would recommend this company to a friend

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    Great experience to understand commercial banking

    Anonymous Employee (Former Employee)

    ProsWorking environment is pleasant. What I did is related to my major.

    ConsNo training program. Also, there was lack of interaction with customers.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    An employee with no respect

    Anonymous Employee (Current Employee)

    ProsGreat work life balance at the company

    ConsAbility to move up in the company

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Political - lack of transparency

    Director (Former Employee) Miami, FL

    ProsGlobal, good benefits, generally collaborative

    ConsDisorganized, political, lack of transparency, unfocused

    Advice to Senior ManagementBe honest and transparent to candidates.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Good bank with some issues

    Associate (Current Employee) Newark, NJ

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

    ConsSeems 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 Senior ManagementInvest money into new technology, human capital, and to keep current staff from leaving

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    challenging, fun, independent

    Institutional Sales (Current Employee) New York, NY

    ProsFriendly and forgiving environment for the most part. Willing to take chances and provide juniors opportunity for career growth. Giving you space to have your own work style.

    ConsLess team work and guidance from senior or supervisor. Often there is transition hiccup. Have to be self motivated and fully independent. Management more interested in effort and relationship building.

    Advice to Senior Managementmore structured and clear line of reporting matrix. Should pursue meritocracy rather than relationship based culture.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Not the worst not the best

    Anonymous Employee (Current Employee) Newark, NJ

    ProsThe people are awesome to work with.

    ConsThe salary is below average.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    good place to work low salaries

    Anonymous Employee (Current Employee) Newark, NJ

    Prosgood work/life balance, pleasant environment, overall good place to work

    Conslow salary and no room for career advancement

    Advice to Senior Managementstructure career development better

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