Standard Chartered Bank Reviews | Glassdoor

Standard Chartered Bank Reviews

Updated October 13, 2017
1,577 reviews

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1,577 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 47 reviews)

More Pros and Cons

  1. Helpful (2)

    "Here for good really?"

    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
    Disapproves of CEO

    I worked at Standard Chartered Bank full-time

    Pros

    None really. It has one of the highest turnover rate in the market and this tells everything.

    Cons

    Long working hours, not enough headcounts, no training at all, no annual dinner whatsoever, very high turnover rate, complicated internal structures (a simple deal may need to go through 10+ depts), Managment continue to dream on beating ANZ and Citi.


  2. "Mixed Bag of Experiences"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Singapore (Singapore)
    Current Employee - Software Engineer in Singapore (Singapore)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - Company Benefits are good
    - Pro-European/British bank. Good careers progression if you're one of the boys.

    Cons

    - Great work life balance. Depends on the team though. Some teams work weekends for months without a break.
    - Compensation is good. Sometimes it might price you out of the market

  3. "Poor management."

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

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

    Pros

    There's enough leave for the year though.

    Cons

    Poor management for a large bank. No training for staff. Lack of growth.


  4. "Dont work to this company!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Financial Executive in Butterworth (Malaysia)
    Current Employee - Personal Financial Executive in Butterworth (Malaysia)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Working time flexible, learning new things,

    Cons

    Politic office, experienced management, bad office culture, no certificate management people , no off date

    Advice to Management

    Please do whatever you promise to !! Think in employee shoes!!


  5. "Disappointing"

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

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

    Pros

    Has a significantly less cut-throat culture, Better work-life balance.

    Cons

    Horrible HR policies, mediocre compensation and poor opportunities for development.

    Advice to Management

    Start caring about your image within the industry, pay better and seek to develop talent instead of buying talent from elsewhere


  6. "Inefficient"

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

    Pros

    Good benefits
    Good benefits
    Good benefits
    Good benefits

    Cons

    inefficient
    no career growth
    stupid bosses
    staff no helpful


  7. "STANDARD CHARTERED BANK"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - ORM in Mumbai (India)
    Current Employee - ORM in Mumbai (India)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Medical facilities, holiday homes, club tie-up

    Cons

    No hike , no increment

    Advice to Management

    Be more employee centric

  8. "Compliance manager"

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

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

    Pros

    30 day holiday, work from home,

    Cons

    Unreasonable targets, lack of career opporttunities, unprofessional HR system

    Advice to Management

    Consider being taken over as share price is on its knees and your time has come


  9. Helpful (1)

    "It has been a slippery slope downwards"

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

    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 Management

    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...


  10. "Bank of the emerging markets"

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

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

    Pros

    There is great work life balance. SCB truly believes in international mobility.

    Cons

    It promotes mediocrity. Senior management is rather detached from working level.


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