Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews in Singapore, Singapore

Updated December 4, 2014
Updated December 4, 2014
651 Reviews
3.5
651 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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

112 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Neutral experience, rather disorganized operations system that needs to be improved as there were a lot of wastage

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

    I worked at Standard Chartered Bank

    Pros

    The office culture was friendly and motivating
    Amenities were fabulous and welfare was good
    Prep talk every month that helps employees feel engaged

    Cons

    Problematic operations system and delays

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Compensation is at market rate but too much effort in managing up

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

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

    Pros

    Compensation is attractive, impression is very important

    Cons

    Spent too much time managing upwards, people who just wants to do their job will be disappointed

    Advice to ManagementAdvice

    When it comes to assessing future leaders the management should try to get 360 feedback.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    CAUGHT IN A DOWNWARD SPIRAL

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

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

    Pros

    Likely all in the past. Quality staff are fleeing as senior management rearrange the deck chairs.

    Cons

    Chaotic. Little integrity. Very political. Massive cronyism and racism.

    Advice to ManagementAdvice

    Resign while there is still a viable franchise to salvage.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Used to be a great place but not sure if they are Here for Good now...

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

    I have been working at Standard Chartered Bank full-time (more than 8 years)

    Pros

    Supports internal moves & provides opportunity to do different roles;

    Cons

    Lack of diversity & fairness in certain departments where certain nationalities make up almost 90% of the team! Poor work-life balance particularly in Retail business. Bonus is not great.

    Advice to ManagementAdvice

    Change your strategy and stop being fixated on doing things the old way

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Promotion is very hard to get by even though I have been above-average performer

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

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

    Pros

    Good work-life balance; Various businesses to move around; lazy work culture;

    Cons

    Promotion glass ceiling; Salary increase very minimal, does not even cover the annual inflation rise; demotivating in general;
    Mediocre bank with mediocre ambitions and hiring is based on who knows whom.

    Advice to ManagementAdvice

    Reduce politics in departments, favouritism and provide adequate growth opportunities to deserving candidates and don't passover promotions from them

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

    Politics...

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

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

    Pros

    International exposure
    Networking opportunités
    Work life balance

    Cons

    Too Much politics
    Pack of ambition from top management

    Advice to ManagementAdvice

    Listen to tour customers
    Stop being complecant

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    good bank

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

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

    Pros

    nice culture, balance work lie culture

    Cons

    belo average pay, IT system and process slow you down. not much increment

    Recommends
    Neutral Outlook
    Disapproves of CEO
  9.  

    Grooms you well to becoming the future leader

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

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

    Pros

    - Provides opportunities to learn and lead, interaction with cross functional teams, easily accessible management, annual leave and benefits, salary

    Cons

    beaureaucratic, lack of advanced systems

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    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
  11.  

    Good compensation poor career opportunities

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

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

    Pros

    good pay, work-life balance
    exposure to many different departments, people during rotation

    Cons

    graduate programs are poorly planned
    too many drama and politics

    Advice to ManagementAdvice

    please do something to solve the problems not on politics

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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