Standard Chartered Bank Reviews

Updated March 28, 2015
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223 Employee Reviews

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  1. Good

    • 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

    Pros

    Friendly and forgiving environment

    Cons

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

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. Very good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Sys Administrative in Chicago, IL
    Former Contractor - Sys Administrative in Chicago, IL

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

    Pros

    Very good company to work for.

    Cons

    Managers are very people oriented.

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    Approves of CEO
  3. Great experience to understand commercial banking

    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Standard Chartered Bank as an intern

    Pros

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

    Cons

    No training program. Also, there was lack of interaction with customers.

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  5. An employee with no respect

    • 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

    Pros

    Great work life balance at the company

    Cons

    Ability to move up in the company

    Recommends
    Neutral Outlook
    Approves of CEO
  6. Political - lack of transparency

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

    I worked at Standard Chartered Bank full-time (less than a year)

    Pros

    Global, good benefits, generally collaborative

    Cons

    Disorganized, political, lack of transparency, unfocused

    Advice to ManagementAdvice

    Be honest and transparent to candidates.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful

    Good bank with some issues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Newark, NJ
    Current Employee - Associate in Newark, NJ

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

    Pros

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

    Cons

    Seems 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 ManagementAdvice

    Invest money into new technology, human capital, and to keep current staff from leaving

    Recommends
    Neutral Outlook
    Approves of CEO
  8. challenging, fun, independent

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

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

    Pros

    Friendly 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.

    Cons

    Less 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 ManagementAdvice

    more structured and clear line of reporting matrix. Should pursue meritocracy rather than relationship based culture.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. Not the worst not the best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Newark, NJ
    Current Employee - Anonymous Employee in Newark, NJ

    I have been working at Standard Chartered Bank

    Pros

    The people are awesome to work with.

    Cons

    The salary is below average.

    Approves of CEO
  10. good place to work low salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Newark, NJ
    Current Employee - Anonymous Employee in Newark, NJ

    I have been working at Standard Chartered Bank

    Pros

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

    Cons

    low salary and no room for career advancement

    Advice to ManagementAdvice

    structure career development better

  11. 2 people found this helpful

    The Cons outnumber the Pros, but the Pros outweigh the Cons. Barely. Difficult in NY. Better in other centers.

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

    I have been working at Standard Chartered Bank

    Pros

    Emerging markets focus is compelling and lucrative. Fiscally healthy. Weathered the recession quite well. Compensation can be very good depending on the position. Benefits package is excellent: $60/mo. employer contribution for transit, FSA, Comprehensive Medical/Dental, with domestic partner coverage, generous paid leave, 3 volunteer days/year, paid training, 4% 401(k) employer match, pension.

    Cons

    Lost opportunity to capitalize on weakness of bigger banks during downturn. Limited growth potential in NY... advancement usually requires relocation to target markets (Asia, Africa, Middle East). Terrible trading/risk management systems. Strategy from senior management is muddled. IT investment is well below the market standard.

    Advice to ManagementAdvice

    Invest more in IT. Decentralize management away from Singapore. Leverage US resources more. Hold to your strategy and present it more clearly and frequently.

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