Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com
There are newer employer reviews for Standard Chartered Bank

 

A bank with a real conscience to do good for people and communities. Sticks to its strategy and has performed strongly

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in City of London, England (UK)
Current Employee - Anonymous Employee in City of London, England (UK)

I have been working at Standard Chartered Bank

Pros

international opportunities, empowerment and focus on learning and development
has emerged as a winner from the financial crisis by focusing on the basics of good banking and sticking to strategy

Cons

demand very hard work and flexibility. Relationship based organisation can be challenging to navigate for new joiners.

Advice to ManagementAdvice

role model the right behaviours consistently at the top of the organisation.

Recommends
Approves of CEO

654 Other Employee Reviews for Standard Chartered Bank (View Most Recent)

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  1. 1 person found this helpful  

    Good Franchise, Poor Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Markets
    Current Employee - Financial Markets

    I have been working at Standard Chartered Bank

    Pros

    Great franchise in Asia and some emerging markets. Real player in the emerging markets in which it chooses to do business. Very interesting and long-standing positioning in many of the world's most dynamic emerging markets. Relative to its size, very respected in the emerging markets financial world and well connected politically in UK.

    Cons

    Dysfunctional organizational structure. Very difficult to get things done. Successful infighting sadly becomes are more important than generating business. And KYA becomes the key criterion to long term success. Look to low-ball on salaries, particularly during the financial crisis when they were one of the few banks hiring. All of these in combination lead to frustration of good people and high turnover. There's been some improvement but a long way to go.

    Advice to ManagementAdvice

    Resolve strategic ambiguity. Emerging markets bank or Asia super regional bank? Growth candidate or takeover candidate? Be willing to take some calculated risks, particularly with respect to Latin America.

    Doesn't Recommend
  2.  

    Compensation should be more competitive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Banking Associate
    Current Employee - Investment Banking Associate

    I have been working at Standard Chartered Bank

    Pros

    The work culture and its people are pull factors. Professional and friendly. SCB is not as aggressive compared to other banks

    Cons

    The compensation is not as competitive as one might think. Support team are non existent with time needed to do own formatting

    Advice to ManagementAdvice

    Build up presence in the investment banking space in the region beyond the normal plain vanilla loan products to clients.

There are newer employer reviews for Standard Chartered Bank

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