Standard Chartered Bank

www.standardchartered.com
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Standard Chartered Bank Reviews

Updated June 25, 2015
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3.4
Rating Trends
Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
295 Ratings

Pros
  • Good work-life balance; Various businesses to move around; lazy work culture; (in 67 reviews)

  • Nice working environment inside the company (in 44 reviews)

Cons
  • Poor work-life balance particularly in Retail business (in 23 reviews)

  • highly stressful along with long working hours (in 15 reviews)

More Pros and Cons

697 Employee Reviews

Sort: Popular Rating Date
  1. great bank going through trouble and management shake up

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

    I have been working at Standard Chartered Bank

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits, congenial work environment

    Cons

    Going through uncertainties because of management shake up. Restructuring and cost cutting/lay offs possible.


  2. Busy

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Standard Chartered Bank

    Negative Outlook
    Disapproves of CEO
    Negative Outlook
    Disapproves of CEO

    Pros

    Active, leadership visibility, global mindset of leadership, perks

    Cons

    Long hours, chaotic, too many group cooks


  3. Average. Could stay for a year or two, but definitely not for good

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

    I worked at Standard Chartered Bank

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Big bank, good reputation
    Opportunity to be exposed to different teams and departments

    Cons

    Very limited mobility within the company. Management is not people-oriented (unless you are in graduate programs)


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 6 Month Contract staff

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

    I worked at Standard Chartered Bank (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    OT pay was fair and claims for taxis was generous. Great opportunity to learn as I was given a project to lead and had to liaise with many different parties helping me to improve my leadership and communication skills

    Cons

    Long Working Hours, work can be monotonous


  6. Worked for 2 years

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Manager in Pune (India)
    Former Employee - Business Development Manager in Pune (India)

    I worked at Standard Chartered Bank full-time (More than a year)

    Recommends
    Recommends

    Pros

    Strong HR and pretty ethical company.

    Cons

    Team Managers are not Good


  7. Excellent

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

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

    Pros

    good client oriented environment with deep focus on strategy and capital. understanding management that is keen to see you do well. good work-life balance

    Cons

    Americas is not part of the footprint, so operations here will remain small(ish). but place still provides many opportunities for individuals willing to work hard and move up and around (globally)

    Advice to Management

    Provide more local learning opportunities to business staff. salary review should be frequent and rewarding of superior performance should be key.


  8. Nice people

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

    I worked at Standard Chartered Bank (More than a year)

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Relaxing environment and very friendly people.

    Cons

    Management frequently change and long term goal not clear.


  9. Here or Good

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

    I have been working at Standard Chartered Bank full-time (More than a year)

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Lots of exposure to global financial systems and standards

    Cons

    The Asians have a lot of influence in the bank and they tend to abuse it on occassions

    Advice to Management

    Be fair to employees across all regions especially in Africa


  10. Toxic place to work

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

    I have been working at Standard Chartered Bank

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

    Pros

    (Most) people around are friendly, frequent events and corporate benefits for staffs, i.e. free shuttle buses

    Cons

    -Bad senior Management that doesn't care whether if you die working resulting in employees acting like they are working when senior management is around. In reality, they talk too much, and BS too much while the senior management is not around.
    - Far too many incompetent people within the Bank.

    Advice to Management

    Please go through your hiring process much MORE thoroughly and hire only people who are competent, unlike a colleague I've worked with, who doesn't even know BASIC excel functions.


  11. Currently, barely satisfactory

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

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

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

    Pros

    Good number of annual leave per year granted to employees as well as adequate cover of insurance which can be covered by the bank (if the employee chooses the appropriate coverage)

    Cons

    Difficult to get promoted even though there had been good feedback about performance. On the same note, there are too many reporting line managers which makes it difficult to gather feedback on performance.

    Advice to Management

    Being open-minded and transparent to employees / team members / subordinates.

    Provide adequate opportunities for local talents to rise up to mid managerial levels and above.



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