Standard Chartered Bank

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

1 person found this helpful  

a 'start up' atmosphere but without the sleekness required to maneuver efficiently

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - IT Analyst in Raffles Park (Singapore)
Current Employee - IT Analyst in Raffles Park (Singapore)

I have been working at Standard Chartered Bank

Pros

people are very helpful and international, good benefits ie. health insurance, # of days of vacation.
The company is very flexible -- if you find something you're good at, you can create your own job position and find support around you. You would never find this kind of thing at a more structured organization

Cons

bureaucracy often gets in the way of progress (this is true for all organizations, but even more so at SCB)
compensation is below market level
senior management often goes in circles around issues and don't contribute to any amount of work
there aren't enough low level hires to do the work

Advice to ManagementAdvice

focus more on retaining talent and you'll get a lot more out of people have already been with the organization for a few years rather than letting them go because it's cheaper to bring in new talent. Often times, this new talent ends up being overpaid senior management who don't contribute to any significant amount of work

Stop outsourcing your core competencies. Build a strong base in only one location, and the efficiency of the company is sure to go up tenfold. Too often, problems are blamed on distance, time zones, and poor communication.

Doesn't Recommend
No opinion of CEO

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

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  1. 2 people found this helpful  

    Sink or swim,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Shanghai, Shanghai (China)
    Current Employee - Anonymous Employee in Shanghai, Shanghai (China)

    I have been working at Standard Chartered Bank

    Pros

    Providing you are aggressive and a political animal you will do well - opportunities will open up to you very quickly.
    Great development resources provided from international network support.
    Aggresive in wanting to be the best international bank in China.
    Room and support for creative solutions

    Cons

    You are left to fend for yourself, not a culture of offering proactive support to set you up for success.
    Weak culture in China as a result of quick rotating Snr. Mgt. and executive team being mainly non -Chinese - here on short term assignments.
    A focus on packaging & marketing vs quality solutions. (politics wins over integrity and quality)

    Advice to ManagementAdvice

    Look beyond the packaging, focus culture on quality long term solutions.

    Approves of CEO
  2. 1 person found this helpful  

    Real center of gravity is in Singapore

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

    I worked at Standard Chartered Bank

    Pros

    great brand
    nice people
    strong culture
    support flexible working
    Peter Sands
    open, light working space
    get real exposure to developing markets

    Cons

    very isolated in London - real action in Singapore
    long, ponderous decision making
    political - only good news can be given
    some blockers have been there far too long
    lacks a performance edge

    Advice to ManagementAdvice

    Get faster and more courageous in decision making
    Move HQ to where your markets are
    Improve quality of some of the senior management team

    Recommends
    Approves of CEO
There are newer employer reviews for Standard Chartered Bank

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