Singapore Mercantile Exchange - Glad I left | Glassdoor
There are newer employer reviews for Singapore Mercantile Exchange
There are newer employer reviews for Singapore Mercantile Exchange

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Helpful (3)

"Glad I left"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Singapore (Singapore)
Former Employee - Anonymous Employee in Singapore (Singapore)
Doesn't Recommend

Pros

Good communication between staff, pleasant environment, had great colleagues who understood the business lines and understood the markets they were dealing in.

Cons

Senior management lack of skill, understanding of the markets they are trying to deal in. Instead of being condescending towards staff, provide positive feedback and instruction

Advice to Management

Suggest you listen to employees who understand the markets they are dealing in and provide better feedback and communication to the workers

Other Employee Reviews for Singapore Mercantile Exchange

  1. "Not much culture diversity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Singapore Mercantile Exchange full-time (More than 3 years)

    Pros

    Thia is a a a very small entity so can see end to end processes, certain teams are strongly bonded.

    Cons

    There is presence of Cultural barrier and some timess is hard to break through the barrier. Salary and bonus are not in line with market too.

    Advice to Management

    Have cultural diversity


  2. "Primitive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Information Technology Manager in Singapore (Singapore)
    Former Employee - Information Technology Manager in Singapore (Singapore)
    Doesn't Recommend
    Negative Outlook

    I worked at Singapore Mercantile Exchange full-time (Less than a year)

    Pros

    Office was near to good shopping centres. Made good friends in the company that remained so until today. Poor IT security that allowed staff to surf social media sites, external emails, etc. Invaluable knowledge and experience gained through cultural immersion!

    Cons

    Inept Senior Management:
    - The company was supposed to be aggressively seeking customers to be on-boarded to the exchange. Instead of a unified approach, the senior VPs were more keen to bicker on office politics such as seating arrangements, staff clocking-in and out, audit of non-essential functions, wanting an audience with the regulator when they disagree on trivial matters and getting ahead of each other.
    - Always seem to put the cart before the horse when they insist on having a market surveillance team when there was no market, conducting business continuity drill when there was zero business, beautifying policies without ever intending to practice it, having an audit function when there was no processes to be audited.
    - Over inflated ego when they insist to be seated at areas in the office that are more 'exclusive', especially before the office was relocated.
    - A dysfunctional risk function. Although having been in the company for several years, they displayed poor knowledge of the regulatory climate, key regulatory figures and most importantly, the regulations that apply to the exchange. Despite the shortcomings, the risk function was touted as 'cutting-edge' and approved by the regulator.

    Minor but important note that contributed to severe loss of motivation:
    Unusable toilet and pantry due to the smell.

    Advice to Management

    Learn to listen before you speak. Don't leave printouts of your Profit & Loss at the printer for hours.

There are newer employer reviews for Singapore Mercantile Exchange
There are newer employer reviews for Singapore Mercantile Exchange

See Most Recent

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