Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews

Updated December 17, 2014
Updated December 17, 2014
650 Reviews
3.5
650 Reviews
Rating Trends

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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
278 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.  

    Bank of the emerging markets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Manager in Hong Kong (Hong Kong)
    Former Employee - Relationship Manager in Hong Kong (Hong Kong)

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

    Pros

    There is great work life balance. SCB truly believes in international mobility.

    Cons

    It promotes mediocrity. Senior management is rather detached from working level.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    It has been a slippery slope downwards

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director in Singapore (Singapore)
    Former Employee - Senior Director in Singapore (Singapore)

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

    Pros

    They do not fire people easily.
    Good for back office - very powerful, a bit too powerful
    Friendly culture

    Cons

    Lots of deadwood
    Top management fixated on old strategy that is broken and needs to be fixed. But no management will to fix
    Tend to promote people of certain nationalities irregardless of competence or track record
    No appetite to do real business and create value for client
    Very difficult to be a front line investment banker

    Advice to ManagementAdvice

    Change strategy - time to onboard new clients and bring the bank back on a path of growth.
    SCB used to be a great place - but after Aug 2012, everything just fell apart. I do hope SCB can get back its mojo...

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Compliance manager

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

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

    Pros

    30 day holiday, work from home,

    Cons

    Unreasonable targets, lack of career opporttunities, unprofessional HR system

    Advice to ManagementAdvice

    Consider being taken over as share price is on its knees and your time has come

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Disappointing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trader in Singapore (Singapore)
    Current Employee - Trader in Singapore (Singapore)

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

    Pros

    Has a significantly less cut-throat culture, Better work-life balance.

    Cons

    Horrible HR policies, mediocre compensation and poor opportunities for development.

    Advice to ManagementAdvice

    Start caring about your image within the industry, pay better and seek to develop talent instead of buying talent from elsewhere

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Dont work to this company!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Financial Executive in Butterworth (Malaysia)
    Current Employee - Personal Financial Executive in Butterworth (Malaysia)

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

    Pros

    Working time flexible, learning new things,

    Cons

    Politic office, experienced management, bad office culture, no certificate management people , no off date

    Advice to ManagementAdvice

    Please do whatever you promise to !! Think in employee shoes!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Poor management.

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

    I have been working at Standard Chartered Bank full-time (less than an year)

    Pros

    There's enough leave for the year though.

    Cons

    Poor management for a large bank. No training for staff. Lack of growth.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Mixed Bag of Experiences

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Singapore (Singapore)
    Current Employee - Software Engineer in Singapore (Singapore)

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

    Pros

    - Company Benefits are good
    - Pro-European/British bank. Good careers progression if you're one of the boys.

    Cons

    - Great work life balance. Depends on the team though. Some teams work weekends for months without a break.
    - Compensation is good. Sometimes it might price you out of the market

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Here for good really?

    • 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

    Pros

    None really. It has one of the highest turnover rate in the market and this tells everything.

    Cons

    Long working hours, not enough headcounts, no training at all, no annual dinner whatsoever, very high turnover rate, complicated internal structures (a simple deal may need to go through 10+ depts), Managment continue to dream on beating ANZ and Citi.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 2 people found this helpful  

    Manager

    • 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 (more than an year)

    Pros

    Benefits are reasonable. There is no outstanding pros to mention.

    Cons

    Office politics are terrible. Very low integrity. Inefficient in producing value added work. Very judgemental peers, resulting to low morale.

    Advice to ManagementAdvice

    Very unfortunate it is not up to a foreign bank standard.

    Doesn't Recommend
  11.  

    my first job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Relationship Manager in Hyderābād (India)
    Current Employee - Senior Relationship Manager in Hyderābād (India)

    I have been working at Standard Chartered Bank full-time (more than 10 years)

    Pros

    was satisfied employee 4 years before after management has changed things have become worse

    Cons

    does not consider loyal employees, they take new employees with higher salaries

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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