Standard Chartered Bank

  www.standardchartered.com
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Standard Chartered Bank Reviews

Updated August 27, 2014
Updated August 27, 2014
578 Reviews

3.6
578 Reviews
Rating Trends

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

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 47 reviews)

  • Nice working environment inside the company (in 38 reviews)


Cons
  • work life balance based upon projects (in 19 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.  

    Not the worst not the best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Newark, NJ
    Current Employee - Anonymous Employee in Newark, NJ

    I have been working at Standard Chartered Bank

    Pros

    The people are awesome to work with.

    Cons

    The salary is below average.

    Approves of CEO
  2.  

    good place to work low salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Newark, NJ
    Current Employee - Anonymous Employee in Newark, NJ

    I have been working at Standard Chartered Bank

    Pros

    good work/life balance, pleasant environment, overall good place to work

    Cons

    low salary and no room for career advancement

    Advice to ManagementAdvice

    structure career development better

  3.  

    SC BANK

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

    I worked at Standard Chartered Bank

    Pros

    Reputation in the market.
    starbucks on the ground floor

    Cons

    Poor salaries/benefits.
    Work ethics hardly found.
    Horrible environment

    Advice to ManagementAdvice

    Take care of your employees. There is a reason that you have a skyrocketing turn-over ratio among the competitors.

    Doesn't Recommend
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  5. 2 people found this helpful  

    The Cons outnumber the Pros, but the Pros outweigh the Cons. Barely. Difficult in NY. Better in other centers.

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

    I have been working at Standard Chartered Bank

    Pros

    Emerging markets focus is compelling and lucrative. Fiscally healthy. Weathered the recession quite well. Compensation can be very good depending on the position. Benefits package is excellent: $60/mo. employer contribution for transit, FSA, Comprehensive Medical/Dental, with domestic partner coverage, generous paid leave, 3 volunteer days/year, paid training, 4% 401(k) employer match, pension.

    Cons

    Lost opportunity to capitalize on weakness of bigger banks during downturn. Limited growth potential in NY... advancement usually requires relocation to target markets (Asia, Africa, Middle East). Terrible trading/risk management systems. Strategy from senior management is muddled. IT investment is well below the market standard.

    Advice to ManagementAdvice

    Invest more in IT. Decentralize management away from Singapore. Leverage US resources more. Hold to your strategy and present it more clearly and frequently.

  6.  

    Review of Standard Chartered

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

    I have been working at Standard Chartered Bank

    Pros

    Good balance between work and personal life

    Cons

    Not so much visibility in the Americas

    Advice to ManagementAdvice

    Expand footprint to other emerginh markets

    No opinion of CEO
  7.  

    Terrific place to work

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

    I have been working at Standard Chartered Bank

    Pros

    Great people at work and at play - numerous ocassions to interact at work as well as socialize outside of the job. Concertered effort to train and offer support when required.

    Cons

    Internal information technology is under staffed or not prompt to reply or to fix isses especially in the most critical time of the month when deadlines need to be met

    Advice to ManagementAdvice

    More of an attempt should be made to encourage/train or direct personnel who are in the middle of their careers....a lot of emphasis is on either new graduates or candidates with twenty plus years of service

    Recommends
  8.  

    Being Here for Good

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

    I have been working at Standard Chartered Bank full-time for more than a year

    Pros

    Absolute Knowledge Portal, good exposure to learn new and challenging things

    Cons

    long term benefit driven management

    Advice to ManagementAdvice

    Employ the staff by on rolls of bank and not through third party recruitment agency

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Client Services Manager in Private Bank Hong Kong

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

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

    Pros

    Great company to work for, very stable

    Cons

    some politics in the office which happens everywhere. not paying very high but stable.

    Recommends
    Neutral Outlook
  10.  

    good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager  in  Dubai (United Arab Emirates)
    Current Employee - Relationship Manager in Dubai (United Arab Emirates)

    I have been working at Standard Chartered Bank full-time for less than a year

    Pros

    good culture, indian atmosphere, salary

    Cons

    short term view, no true international exposure

    Advice to ManagementAdvice

    be more organized faster

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Rigorous Exposure and Learning Opportunities

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

    I have been working at Standard Chartered Bank full-time for more than a year

    Pros

    Good Systems, Great People, Early Leadership Opportunities

    Cons

    Lack of Close Coordination between various departments.

    Advice to ManagementAdvice

    Encourage employee engagement across various departments

    Recommends
    Negative Outlook
    Disapproves of CEO

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