Standard Chartered Bank

www.standardchartered.com
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Standard Chartered Bank Reviews

Updated April 24, 2015
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3.0
229 Reviews
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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
82 Ratings

229 Employee Reviews

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  1. Business Analyst Intern (Singapore)

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

    I worked at Standard Chartered Bank as an intern

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    -Very nice office in central location in Singapore.
    -A large population of expats (80% of the people I worked with).
    -Most people are very open-minded and friendly.
    -They work as contractors for 1-2 years then job-hop to other banks/countries, so you have a chance to build your network.
    -Good pay and a good name to have on your CV.

    Cons

    -Work was tedious at best.
    -You spend a HUGE amount of money lunching and dining out with your co-workers in this part of town.

    Advice to Management

    The bank operates as separate divisions which, most of the time, have no idea what the others are doing. Work got clashed all the time because of scheduling and communication issues.

  2. Director

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

    I have been working at Standard Chartered Bank full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Work life balance is good

    Cons

    Unanimous consensus on everything - no decision making

  3. Competitive work environment

    • 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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good place to work
    friendly

    Cons

    competitive
    no work life balance

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  5. Associate Manager Premium Acquisition

    • 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

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

    Pros

    They have good overall presence, They are very accommodating. Supportive co workers, Brand name

    Cons

    I didn't have a very long stay so don't have any negative experience.

    Advice to Management

    NA

  6. A good place to work with oppurtunities to move across departments

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

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

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

    Pros

    Allows for opportunities to move across departments.
    Good work life balance ( depends on departments and managers )

    Cons

    Too many processes and changing strategies
    No differentiation between high performers & performers.
    Long working hours

    Advice to Management

    Recognize and train high performers to be potential future managers
    Reduce structural redundancy for enabling quality delivery & high productivity

  7. Psychopaths and sociopaths

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    The money is good, but it doesn't compensate for the stress and the incredible over use of "governance committees" comprised of people with very little actual technical ability. Management by committee of dullards means getting anything through the deep management tree is incredibly frustrating.

    Cons

    Psychopaths and sociopaths work here, like any other bank. It's a relatively inexperienced bank technology wise. Singapore isn't going to be a tech hub for this bank, try TEDA or Chennai instead.

    Advice to Management

    Changing strategic direction so often makes the bank really inefficient. They stumble from one idea to the next and leave the people on the ground to try to do the best they can with little support.

  8. The people are nice, but the workload is appalling. Infrastructure not great. Pressurised. Weak management.

    Current Contractor - Administrator in London, England (UK)
    Current Contractor - Administrator in London, England (UK)

    I have been working at Standard Chartered Bank as a contractor (Less than a year)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    The pay is good. The people are very nice & haven't met a horrible one yet. They will try to socialise with you and are inclusive. They put up with me ranting sometimes and haven't fired me yet. They have a good canteen which is heavily subsidised. They encourage you to stick to the working hours of 9 - 5 even if you're on a daily rate like me. There is a good Support Network online where you have good, visual training.

    Cons

    The workload is extremely heavy and I work like a robot all day, and still don't get it all done. There is pressure from the head of the team to get things done quickly. It is slightly hierarchical there. The atmosphere is bland and formal and I don't feel like I can be myself. Even though people are nice, the managers don't really care if you're overloaded don't do anything about it. So are they really that nice? No. I have had to learn a lot of new skills and haven't had good training, which is a big challenge for me. There are people sitting around me who quite obviously don't have much to do but seem to get off scott free.

    Advice to Management

    The management should listen to staff when they say they have too much work and should do something about it. They should spread the workload more fairly between PA's and Administrators, and support staff and even give support type work to non-support staff who clearly haven't got much to do. For example the BCP/emergency arrangements could be dealt with by junior managers or non-support staff, instead of being old fashioned and piling everything onto the administrators. Leaders of teams need to act and speak up to their seniors to make important changes and make things better for staff, instead of being cowardly. Internal post needs to be delivered more than once a day. The photocopiers need to change so that they don't time out everytime you photocopy something. The videoconferencing system should be made more user friendly. The e-pro system should warn you before it times out. The system for travel should be improved - once an e-pro is approved it takes too long for the final air ticket to be issued so that on a Friday you could lose the travel booking. Eradicate the travel data protection/declaration form before you get set up with a CWT profile. It's impossible to find it as a new starter on the website, no helpline to ring, it is not necessary. The infrastructure needs to be improved generally. I have worked at numerous companies over the last 10 years and this bank is bureaucratic which is frustrating. Cut the bureaucracy please.

  9. It was a valuable learning experience.

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

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

    • 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 3 years)

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

    Pros

    clarity about culture, decent benefits

    Cons

    lower comp. confusion about strategy

  11. Corporate Manager

    • 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
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Challenging targets, flexible business style

    Cons

    bad organization in business and rules

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