Standard Chartered Bank Reviews

Updated March 29, 2015
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  1. Start-up culture but large matrixed organization

    • 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 5 years)

    Pros

    Those identified as top performers are given lots of opportunity for upward and lateral mobility, which is good for people who prefer a general management (vs specialization) career track.

    Senior management in London and other regional headquarters seem to care about making things better.

    Values based organization which is open to giving back to the community. Lots of opportunity for volunteerism.

    Cons

    Hard to navigate matrixed organisational structure - which often slows down decision making and results in lack of ownership (probably common with all large global companies?)

    A lot of managers just focus on pleasing upper management, often ignoring or trying to cover up the real problems and issues.

    Majority of internal infrastructure outdated or not user friendly

    Advice to ManagementAdvice

    Good job on people management.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Usual politics, tough for contractors, as they are not treated with much respect by management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - IT Support in New York, NY
    Former Contractor - IT Support in New York, NY

    I worked at Standard Chartered Bank as a contractor (more than a year)

    Pros

    Location was nice in Manhattan, near Penn Station.

    Cons

    Very political environment, working hard will not be enough.

    Advice to ManagementAdvice

    Audit managers to see if they are taking kick-backs from vendors.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. best place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank

    Pros

    best place to work with

    Cons

    no cons and good work culture

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


  5. Political - lack of transparency

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Miami, FL
    Former Employee - Director in Miami, FL

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

    Pros

    Global, good benefits, generally collaborative

    Cons

    Disorganized, political, lack of transparency, unfocused

    Advice to ManagementAdvice

    Be honest and transparent to candidates.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. Excellent Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Senior Recruiting Specialist in San Francisco, CA
    Current Contractor - Senior Recruiting Specialist in San Francisco, CA

    I have been working at Standard Chartered Bank as a contractor (less than a year)

    Pros

    Great culture, collaborative, everyone takes a team approach and is respectful of one another in Talent Acquisition, America. The Head of the TA team is very supportive, patient, and realistic regarding deadlines and goals to be met. He is very hands-on and open with his lines of communication and direction. the TA group thinks like "true" business partners to the business lines we supported not HR drones kept in the dark. I give a thumbs up to working with this team.

    Cons

    Lack of opportunities outside of Newark, NJ - which is a very undesirable working environment and unsafe location. The open work space concept can be very distracting which causes a disconnect due to people then searching for a quite place to work or from home.

    Advice to ManagementAdvice

    See above

    Recommends
    Positive Outlook
    Approves of CEO
  7. A great experience at an International Bank.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Business Analyst in Newark, NJ
    Former Contractor - Business Analyst in Newark, NJ

    I worked at Standard Chartered Bank as a contractor (more than a year)

    Pros

    Good technical infrastructure, fine employees.

    Cons

    Located in Newark New Jersey

    Advice to ManagementAdvice

    Spend more time examining the man and less the past.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful

    Good bank with some issues

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

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

    Pros

    Global Bank
    Potential Career development across locations
    Market Rate salaries
    Well-known/Exposure

    Cons

    Seems unprofessional in some locations
    Level of experience among employees varies greatly between Front office and Back office
    Almost impossible to get a raise or a good bonus unless employee decides to move to another department/position
    Majority of systems are outdated

    Advice to ManagementAdvice

    Invest money into new technology, human capital, and to keep current staff from leaving

    Recommends
    Neutral Outlook
    Approves of CEO
  9. great bank. I love the international value

    • 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

    High growth. tons of opportunities. very open for internal transfers. great International exposure and relocations

    Cons

    could be a bit chaotic and the system is not the best. BTW, I was there 4 years ago, so it could have changed.

  10. nothing worthy

    • 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

    decent training and culture here

    Cons

    top heavy; sluggish growth opportunity

    Advice to ManagementAdvice

    rock the boat

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. Good environment, smart people

    • 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

    Work in a very dynamic environment and can always experience new things. Very exciting in the financial industry. Very organized and friendly people.

    Cons

    Sometimes you need to push more to get the job done. This is a common thing in a large company I guess. Too many people below you and above you.

    Recommends

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