Standard Chartered Bank

www.standardchartered.com
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Standard Chartered Bank Reviews

Updated February 25, 2015
Updated February 25, 2015
692 Reviews
3.5
692 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
296 Ratings

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 67 reviews)

  • Work life balance as they have flexi hour with good working environment (in 44 reviews)


Cons
  • Work can get a bit hectic, sometimes difficult to maintain a work-life balance (in 23 reviews)

  • long working hours, low pay, no recognition at work unless youre an indian (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great work culture

    • 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

    You have a very supportive network of colleagues that help spur your professional and personal development.
    Very committed to work life balance and diversity!

    Cons

    I have no major complaints

    Advice to ManagementAdvice

    Continue listening to your staff, happy staff increases productivity

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    SBC review

    • 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 (less than a year)

    Pros

    Willing to make progress.

    Cons

    Slow on boarding process, outdated alert monitoring system, and backlogs.

    Doesn't Recommend
    Negative Outlook
  3.  

    overall nice place to work but too many things need substantial improvement

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

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

    Pros

    This place offers an opportunity to achieve fair work-life balance. You will likely find people to be nicer than in other shops. They place a strong emphasis on their values and culture.

    Cons

    It is quite a bureaucratic environment. It doesn't offer ample career or growth opportunities. Pretty conservative place as well.

    Advice to ManagementAdvice

    we need to clean up our own backyard: to review our policies and philosophy, to be willing to change our mindset and behavior where necessary, to better listen to our own people.

    Recommends
    Negative Outlook
    No opinion of CEO
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  5.  

    General information for management trainee

    • 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

    Diversified and international, vivid and great opportunities.

    Cons

    Great challenge with high target

  6.  

    Good experience to work at Standard Chartered

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

    I worked at Standard Chartered Bank

    Pros

    Good quality of people with excellent values. Good risk appetite particularly in the credit space.

    Cons

    Poor management often located in remote locations. Poor systems. Poor leadership and consistency in the global strategy.

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

    Can Learn A Lot But Highly Political

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Unit Executive in New York, NY
    Former Employee - Business Unit Executive in New York, NY

    I worked at Standard Chartered Bank (more than 3 years)

    Pros

    Broad international presence
    Opportunities to live and work abroad
    Very interesting Emerging Markets business
    You can learn a lot
    Great franchise in many interesting markets

    Cons

    Extremely political environment
    Skill level and work product actually counts for very little
    EXTREMELY bureaucratic, smallest decisions driven by overseas HQ
    Even high level execs in US really don't have much power
    Environment discourages speaking up/encourages sycophants
    Massive churn
    "Run scared" culture
    Lack of transparency/honesty by senior management

    Advice to ManagementAdvice

    Devolve power
    Trust the skills and experience of the people you've hired
    Shake up senior management

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Stan Chart Review

    • 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

    A good diverse place to work that has avoided parts of the banking crisis. Encourages team behavior and work-life balance.

    Cons

    Can be political and controlled by overseas HQ.

  9.  

    Great experience

    • 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

    People are friendly and encouraging. Group lunch. Team building activities. Company is structured and organized.

    Cons

    I don't have any complaints apart from my commute.

    Recommends
    Positive Outlook
  10.  

    Nice work culture but lots of fraud going on

    • 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)

    Pros

    Benefits and pay are really nice. The base salary might be less than at other banks but the benefits and stock options are insanely generous

    Cons

    I feel that the culture of the bank is very elitist

    Advice to ManagementAdvice

    Stop being afraid.

    Recommends
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Internationally focused bank

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

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

    Pros

    Clear focus on Asia Africa and middle east markets
    Over all product offering and capability is just as good if not better than most top tier banks
    Often compared to HSBC, much smaller bank, but better global capabilities
    Good risk management

    Cons

    Limited presence in the US
    The bank's strategy can get in the way of good business, ie the bank may turn away business that does not have an large international component
    Internal politics can be very active
    Bank has a lower profile in the US

    Recommends
    Positive Outlook
    Approves of CEO

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