Standard Chartered Bank Reviews in Singapore, Singapore | Glassdoor

Standard Chartered Bank Singapore Reviews

Updated February 22, 2017
247 reviews

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Singapore, Singapore Area (Singapore)

3.3
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Approve of CEO
Standard Chartered Bank Group CEO Bill Winters
Bill Winters
31 Ratings

247 Employee Reviews

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Pros
Cons
  • work life balance can be a challenge for some business functions (in 54 reviews)

  • Very long working hours (on email from 6am to 10pm, in office from 7 (in 43 reviews)

More Pros and Cons

  1. "Good environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Singapore (Singapore)
    Current Employee - Director in Singapore (Singapore)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Standard Chartered Bank full-time (More than 10 years)

    Pros

    Good working environment, career advancement

    Cons

    Moral is down due several cost cutting program


  2. "Great team, poor investment ban. Can't speak for retail."

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

    Pros

    I worked in a great team on industry leading developments in Financial Markets, with some fantastic people. Outside of our team, well it was just scary. That team is on its last legs now.

    Cons

    Terrible management, who are unwilling to invest in building core infrastructure and expertise. They are blind as to what has been accomplished over the past ten years and what is needed to drive it forward. The people who came in with a mandate for change, and other people who "got it" all left. Bill got rid of a lot of useless people, but there's still no direction. Absolutely worst IT in any place I've worked. Really, jaw-droppingly bad.

    Advice to Management

    They're too stupid to know good advice. They need to understand the absolutely fundamental importance of good technology, and quants, and they need to understand that they need to pay for highly skilled people here, not just throw more money at useless IT projects. It was a small team of experts that got them off MUREX, not the IT horde.


  3. "Assistant manager"

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

    I have been working at Standard Chartered Bank full-time

    Pros

    Good salary and benefit also total annual leave quite big

    Cons

    Long hours, stressful environment and not teamwork attitude


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "SCB ITO"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Product Specialist in Singapore (Singapore)
    Current Contractor - Senior Product Specialist in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Standard Chartered Bank as a contractor (More than 3 years)

    Pros

    Some projects are not as stressful as others. You do get time to take a break and rest.

    Cons

    Team work across regions is slow and communication may sometimes be sporadic or even erratic.

    Advice to Management

    Colocate project teams, engineering, development, production support.


  6. "Good pay but lots of hierarchy and politics between teams"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Director in Singapore (Singapore)
    Former Employee - Associate Director in Singapore (Singapore)
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good compensation and bonus if team performs well (about 10-20% below bulge bracket)

    Cons

    Many MDs with overlapping coverage and hence quite a political organisation
    Compensation can vary widely across teams even for people in the same rank - initial negotiation is quite important
    Been alot of restructuring the past few years -


  7. "World leading technology platform hobbled by weak infrastructure"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Haskell Developer in Singapore (Singapore)
    Current Contractor - Haskell Developer in Singapore (Singapore)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Genuinely feels like everyone is on the same team and looking out for each other. Interesting work, and willingness for employees to move intra-department for experience.

    Cons

    A lot of reliance on operations teams to run easily automated work, and the IT backbone (i.e. shared drives and support) are sorely in need of an upgrade.


  8. "Risk"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Manager in Singapore (Singapore)
    Current Employee - Risk Manager in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Diverse and dynamic working environment.

    Cons

    Little exposure to EU and US market.Mainly an Asian bank


  9. "HR business partner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Former Employee - Anonymous Employee in Singapore (Singapore)
    Positive Outlook
    No opinion of CEO

    Pros

    - fast pace
    - international workfoce in regional hubs
    - majority of people are nife

    Cons

    - promotion and salary increase requires relentless effort in managing your stakeholders, not merit based, which could be tiring
    - very complex matrix, highly political
    - negativity is a norm

    Advice to Management

    NIL


  10. "Great company to work in with good welfare"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Manager in Singapore (Singapore)
    Former Employee - Business Development Manager in Singapore (Singapore)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The welfare was great and not micro managed, the leadership structure is flat and you can approach boss without worrying.

    Cons

    The Company was restructuring, headwinds and changing banking climate may cause some people to worry about stability of their jobs.

    Advice to Management

    Good job!


  11. "Junior position in SCB COO"

    Star Star Star Star Star
    Current Employee - Global Business Risk Manager in Singapore (Singapore)
    Current Employee - Global Business Risk Manager in Singapore (Singapore)

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

    Pros

    Good and Friendly environment to learn the FM business

    Cons

    Long working hours and bad data



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