Standard Bank Group

  www.standardbank.com
  www.standardbank.com

Standard Bank Group Reviews

Updated December 11, 2014
Updated December 11, 2014
41 Reviews
3.6
41 Reviews
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Jacko H. Maree
14 Ratings

Employee Reviews

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  1.  

    Great Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Program Test Manager in London, England (UK)
    Current Employee - Program Test Manager in London, England (UK)

    I have been working at Standard Bank Group as a contractor (more than an year)

    Pros

    Good work environment
    Work life balance

    Cons

    Not very structured in processes

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Not a place to build a career.

    • 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 Bank Group

    Pros

    They do pay market rates for IT roles.

    Cons

    No real career progression. Some people there seem to want to end their working days there.They ain't gonna make way for those lower down or from outside for that matter.
    I worked on front office IT systems - I learned very little in the business trading area - in fact next to nothing. I previously had spent well over a decade on similar roles at other banks and was exposed to heaps of business activities, but here strangely one is shielded from the desk activities. I don't know if this a conscious decision by management or not, but I never spoke to anyone at all on the desk during my time there! All communication id done via BA's and support desk only. Seems like a BS way of developing systems for a trading desk.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Friendly environment with bright prospects for the future in light of the imminent ICBC takeover

    • 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 Bank Group

    Pros

    Smaller shop means you enjoy a much broader role than you would at a bulge bracket. You are encouraged to be opportunistic and make business where you can.

    Cons

    it is a second tier bank and the salary and bonus correspondingly reflect that. Despite the smaller size, teams can still operate on quite a siloed basis and origination opportunities can be missed.

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  5.  

    The best bank in South Africa by far!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Systems Owner in Johannesburg (South Africa)
    Former Employee - Business Systems Owner in Johannesburg (South Africa)

    I worked at Standard Bank Group full-time (more than 10 years)

    Pros

    Variety of employment opportunities
    Challenging and stimulating environment
    Open and honest communication lines
    Some of the best people work here

    Cons

    A lean approach to employment resulting in expectations of people to do more with less
    Its "who you know" more than "what you know" that matters when seeking new opportunities

    Advice to ManagementAdvice

    Keep lines of communication open by create an environment that allows people to express themselves
    Focus on execution of projects and initiatives by getting hands dirty and being involved

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Friendly people but too much governance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Specialist in Johannesburg (South Africa)
    Current Employee - Technical Specialist in Johannesburg (South Africa)

    I have been working at Standard Bank Group as a contractor (more than 10 years)

    Pros

    Highly experienced team. Friendly working experience. Exposure to new technologies. Brand and pride. Overall it is a nice place to work. Casual attire is also a plus.

    Cons

    Too much governance and communication challenges with outsourced resources from south Asia. Most knowledgable people are ending their careers reaching retirement age. Handful of experienced people are stretched to the limit.

    Advice to ManagementAdvice

    IT development who has the most knowledge should be treated with more dignity.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    The company went through some major changes at my time there

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

    I worked at Standard Bank Group full-time (more than 5 years)

    Pros

    Opportunities for foreign travel
    Good working environment
    Friendly people
    Hard work was rewarded

    Cons

    Not the best pay in the city
    Quite political at times

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Johannesburg (South Africa)
    Former Employee - Analyst in Johannesburg (South Africa)

    I worked at Standard Bank Group as an intern (less than an year)

    Pros

    You will have ample opportunity to grow as a person and the employees there are very friendly. The lifestyle of South Africa is also very balancing to having a healthy work-life balance

    Cons

    Not enough free coffee for employees

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    A great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Process Engineer in Johannesburg (South Africa)
    Current Employee - Process Engineer in Johannesburg (South Africa)

    I have been working at Standard Bank Group full-time (more than an year)

    Pros

    Large organisation that stood the test of time. Great employee benefits. Great learning opportunities. Exposure to different disciplines and geographies since it is an international organisation..

    Cons

    Instability due to constant change in executive management. Lack of trust within the company. Although the company invests a lot on training the staff, it opts to use external contractors even where t could use own train, skilled and capable staff members.

    Advice to ManagementAdvice

    Ensure that the initiatives that are in the pipeline and/or implemented stay intact even when the initiator leaves the company. Provide opportunity for growth and job satisfaction by using own staff members to give the exposure to challenging tasks.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Lovely place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Assistant in Cape Town (South Africa)
    Former Employee - Personal Assistant in Cape Town (South Africa)

    I worked at Standard Bank Group full-time (more than an year)

    Pros

    - Good work life balance
    - Positive environment
    - Growth Potential
    - Ability to study
    - Bonuses

    Cons

    - Lack of transparency when changes happen
    - Retrenchments happen quite often
    - Depending on what office you are in management tends to allocate other peoples work to you when they are on leave and then when the person returns the person gets retrenched. Happened to my coworker.

    Advice to ManagementAdvice

    Be more transparent about changes

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    A company that has vision especially at economic "bad times" globally.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Foreign Exchange in Hong Kong (Hong Kong)
    Former Employee - Director, Foreign Exchange in Hong Kong (Hong Kong)

    I worked at Standard Bank Group full-time (more than 10 years)

    Pros

    Good co-workers, great atmosphere at office, nice welfare and packages, room to expand on your position.

    Cons

    Need more effort on sales and marketing area worldwide outside of South Africa.

    Advice to ManagementAdvice

    Be more cautious to pick the most compatible candidates sometimes.

    Recommends
    Neutral Outlook

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