Standard Chartered Bank - a 'start up' atmosphere but without the sleekness required to maneuver efficiently | Glassdoor
There are newer employer reviews for Standard Chartered Bank
There are newer employer reviews for Standard Chartered Bank

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Helpful (1)

"a 'start up' atmosphere but without the sleekness required to maneuver efficiently"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - IT Analyst in Raffles Park (Singapore)
Current Employee - IT Analyst in Raffles Park (Singapore)
Doesn't Recommend
No opinion of CEO

Pros

people are very helpful and international, good benefits ie. health insurance, # of days of vacation.
The company is very flexible -- if you find something you're good at, you can create your own job position and find support around you. You would never find this kind of thing at a more structured organization

Cons

bureaucracy often gets in the way of progress (this is true for all organizations, but even more so at SCB)
compensation is below market level
senior management often goes in circles around issues and don't contribute to any amount of work
there aren't enough low level hires to do the work

Advice to Management

focus more on retaining talent and you'll get a lot more out of people have already been with the organization for a few years rather than letting them go because it's cheaper to bring in new talent. Often times, this new talent ends up being overpaid senior management who don't contribute to any significant amount of work

Stop outsourcing your core competencies. Build a strong base in only one location, and the efficiency of the company is sure to go up tenfold. Too often, problems are blamed on distance, time zones, and poor communication.

Other Employee Reviews for Standard Chartered Bank

  1. Helpful (2)

    "Sink or swim,"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Shanghai, Shanghai (China)
    Current Employee - Anonymous Employee in Shanghai, Shanghai (China)
    Approves of CEO

    Pros

    Providing you are aggressive and a political animal you will do well - opportunities will open up to you very quickly.
    Great development resources provided from international network support.
    Aggresive in wanting to be the best international bank in China.
    Room and support for creative solutions

    Cons

    You are left to fend for yourself, not a culture of offering proactive support to set you up for success.
    Weak culture in China as a result of quick rotating Snr. Mgt. and executive team being mainly non -Chinese - here on short term assignments.
    A focus on packaging & marketing vs quality solutions. (politics wins over integrity and quality)

    Advice to Management

    Look beyond the packaging, focus culture on quality long term solutions.


  2. "Good learning and lots of opportunity given the growth in the bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Control
    Former Employee - Product Control
    No opinion of CEO

    Pros

    Banking is growing and opportunities will always be there

    Cons

    lack good protocal compare to bigger banks

    Advice to Management

    Risk monitoring

There are newer employer reviews for Standard Chartered Bank
There are newer employer reviews for Standard Chartered Bank

See Most Recent

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