Standard Chartered Bank Reviews

Updated August 25, 2015
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Standard Chartered Bank Group CEO Bill Winters
Bill Winters
3 Ratings

Pros
  • Good work-life balance; Various businesses to move around; lazy work culture; (in 67 reviews)

  • Nice working environment inside the company (in 44 reviews)

Cons
  • Poor work-life balance particularly in Retail business (in 23 reviews)

  • highly stressful along with long working hours (in 15 reviews)

More Pros and Cons

275 Employee Reviews

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  1. Director Global Corporate Sales

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    No opinion of CEO

    I have been working at Standard Chartered Bank full-time (More than 5 years)

    Pros

    Client oriented and flexible to needs of clients. Supportive in changing roles and geographies.

    Cons

    Very political and competitive. US is off-strategy for the bank so little chance for progression. Colleagues are very detached and not interested in friendship.

    Advice to Management

    Focus on US and provide opportunity for US employees. Cut down on vested interest and let real performers shine.


  2. Sometimes the grass actually is greener...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Newark, NJ
    Former Employee - Anonymous Employee in Newark, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Standard Chartered Bank full-time (More than 5 years)

    Pros

    Good culture and employee engagement, excellent benefits, 4 weeks vacation, great facilities(high end coffee/cappuccino machines)

    Cons

    Pay is well below market, inferior data systems and low quality data in those systems contribute to long hours and poor work life balance. Limited career growth opportunities


  3. Average. Could stay for a year or two, but definitely not for good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Big bank, good reputation Opportunity to be exposed to different teams and departments

    Cons

    Very limited mobility within the company. Management is not people-oriented (unless you are in graduate programs)


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


  5. Helpful (1)

    No matter how much you dedicate to it, at the end you are just a number.

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

    I worked at Standard Chartered Bank full-time (More than 10 years)

    Pros

    Good people in the bank. Very advanced and matured HR procedures.

    Cons

    Reputation to damaged, to many problems with regulators. You need good friends and godfathers to last long.

    Advice to Management

    Take more care about your loyal employees..


  6. Good place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    International friendly, relaxed, culture, teamwork, good

    Cons

    Not many business in US


  7. Internship

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

    Pros

    Opportunity to grow. Decent salary if you work in some departments

    Cons

    Bad pay for most of the departments


  8. interesting and dynamic organization

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Standard Chartered Bank full-time

    Pros

    multicultural, strong system of corporate values

    Cons

    bureaucratic. excessive turnover creates a mercenary mindset


  9. It was a valuable learning experience.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Positive Outlook

    I worked at Standard Chartered Bank as an intern (Less than a year)

    Pros

    Working with people of different ages and qualifications.

    Cons

    Working with people of different qualifications and social backgrounds.

    Advice to Management

    Better seating areas for interns.


  10. Helpful (1)

    My review on Standard Chattered in Uganda

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    I got the opportunity to offer financial advise to clients

    Cons

    The pressure to meet monthly deadlines was too much

    Advice to Management

    Please less pressure for the employees to sign up people for loans and instead give your employees tips on how to approach people and convince them to sign up for bank loans. Another key thing that can work is to provide incentives like prizes or cash bonus for employees who exceed or meet their monthly target as opposed to using termination as incentive.


  11. culture between two worlds, but unique. good way to grow in this company is to change to different roles

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    clarity about culture, decent benefits

    Cons

    lower comp. confusion about strategy



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