Standard Chartered Bank Reviews | Glassdoor

Standard Chartered Bank Reviews

Updated October 21, 2017
101 reviews

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Standard Chartered Bank Group CEO Bill Winters
Bill Winters
27 Ratings

101 Employee Reviews

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Pros
Cons
  • work life balance can be a challenge for some business functions (in 65 reviews)

  • No work life balance, Long working Hours (in 48 reviews)

More Pros and Cons

  1. Helpful (2)

    "Poor Leadership"

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

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

    Pros

    Company was good 5 years ago, but has since declined.

    Cons

    Poor leadership team in the Americas region; Toxic culture/environment/management; SCB does NOT promote talent, but rather promotes those individuals who feed into the leadership politics. If you do your job, you can expect to stay status quo. If you do your job REALLY well, you def will never leave your current role; the talk about Culture and Values is done because "they need to do it". There are no values with SCB.

    Advice to Management

    Remove the remaining leadership team, as those that haven't left on their own, know they wouldn't be able to find another similar role that puts up with their nonsense


  2. "SC BANK"

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

    Pros

    Reputation in the market.
    starbucks on the ground floor

    Cons

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

    Advice to Management

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

  3. "unprofessional bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New Delhi (India)
    Former Employee - Manager in New Delhi (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    You will just get the job but won't be ever satisfied with the working culture of bank. worst of all banks.

    Cons

    Unprofessional staff and management.
    Bank have policy not to respond to customer complaints.

    Advice to Management

    Be professional.


  4. "Very poor culture and unethical to internal stakeholders"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Nairobi (Kenya)
    Former Employee - Anonymous Employee in Nairobi (Kenya)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    None to talk of.

    Cons

    1) Poor company culture
    2) Very poor pay
    3) Zero chances of advancement unless you know someone
    4) Very unethical

    Advice to Management

    Very poor company culture where everyone is trying to take advantage of someone


  5. "Standard chartered is an unethical employer and gender centric"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Just another good brand for future employment

    Cons

    Hypocritical Management
    unethical
    Racism
    HR team is just for a namesake, Most useless team to count for and to depend upon.

    Advice to Management

    Please make conscious efforts to retain new talents
    monitor behavioural and soft skill set of supervisors and staff who have completed 2-3 decades and too comfortable in their own space.


  6. "Awful. No life. All work."

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

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

    Pros

    Number of annual leave days, health benefits such as GYM, good insurance coverage, CPF refund if you are a foreigner.

    Cons

    No work life balance. Have to work in weekends too. It is a cultural problem where managers and team leads know the teams are over worked but do not do anything.

    HR is virtually non existent. HR contact is outsourced to India offering no help.

    Advice to Management

    Please fix the culture of over working otherwise you will drive good people into the ground.


  7. "Poor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer
    Current Employee - Senior Software Engineer

    I have been working at Standard Chartered Bank full-time (More than a year)

    Pros

    Good leaves and facilities for employees. The only pro.

    Cons

    Poor Management and rating is based on manager and no rating for performance. No job security and strict rules. No consideration for employees. I will not consider SCB to employees. Cheap competition and politics with very low standards.

    Advice to Management

    Kindly appoint good managers. Managers need a bit more smartness to get work done and bring business rather than their personal ego.

  8. "Hiring manager accidentally become first time senior position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Architect
    Former Employee - Architect
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Standard Chartered Bank full-time

    Pros

    Good company. Few years back they are very good and direction are very clear. Now all junior Developers are promoted to senior manager and they are not trained.

    Cons

    Hiring manager do Not know what they want especially Indian hiring manager . They keep on advertising for roles which is not approved or budgeted. Do not go for an interview if the interviewer is an Indian, they do not know what they want.


  9. Helpful (1)

    "There are worst places to work as a technologist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Big Data Engineer in Singapore (Singapore)
    Current Employee - Senior Big Data Engineer in Singapore (Singapore)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Standard Chartered Bank full-time (More than 5 years)

    Pros

    If you are an unambitious person that just want some salary, this could be the place for you.

    Cons

    Your experience might vary according to the team you are in, but most technology teams are uninspiring and spend more time talking than doing.
    Management has a sharp eye to detect employee entitlement but is completely oblivious to corporate and their sense of entitlement.
    They expect intrinsic motivation from employees, despite all the actions the company takes to demotivate people.
    Make sure to negotiate hard before signing the contract, in special if you are relocating to Singapore. Do not expect any salary increases or promotions for technical work, playing politics is essential.

    Advice to Management

    Read something, at least the HBR.


  10. "Walking dead man"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Standard Chartered Bank (More than a year)

    Pros

    Nice people
    Nice art in the building

    Cons

    Overly complex
    Non-meritocratic
    Very little talent
    Incentives structure badly drafted
    Extremely short-terministic
    Technologically ancient

    Advice to Management

    Change the culture of your middle management and grow your own talent. Sacrifice short term goals to build a future...invest rather than grow on the cheap, reward your people


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