Standard Chartered Bank Reviews in Singapore, Singapore | Glassdoor

Standard Chartered Bank Singapore Reviews

Updated September 24, 2017
283 reviews

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Singapore, Singapore Area (Singapore)

3.4
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Approve of CEO
Standard Chartered Bank Group CEO Bill Winters
Bill Winters
50 Ratings

283 Employee Reviews

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Pros
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More Pros and Cons

  1. "Great Internship Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in Singapore (Singapore)
    Former Intern - Intern in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Standard Chartered Bank as an intern (Less than a year)

    Pros

    Hands on experience, good pay

    Cons

    Long working hours depending on ur function

    Advice to Management

    NIL


  2. "Great learning and exposure from high achieving mentors"

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

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

    Pros

    International outlook, global bank, high performing colleagues. An environment that can spur self awareness and encourage growth and career goals

    Cons

    None that I can think of. Absolutely no cons at all. Maybe salary and rewards can be even higher to be more competitive

    Advice to Management

    Can be more engaging to personal growth

  3. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst in Singapore (Singapore)
    Former Employee - Senior Business Analyst in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Smart, talented team
    Lovely working environment
    Global reach
    Great brand

    Cons

    Could be firmer in setting and sticking to direction and timelines

    Advice to Management

    Do keep to your strategy


  4. "Good company"

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

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

    Pros

    Scb pays well and has good reputation in HK and SG.

    Cons

    Too much compliance and processes.. maker, checker, checker, checker. Processes take too long and too many gate keepers.

    Advice to Management

    Need to streamline internal processes else too many wasted manpower doing overlapping compliance work eating away company profits and slowing down productive work.


  5. "Analyst"

    StarStarStarStarStar
    • 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 (More than a year)

    Pros

    Great benefits, great culture, awesome colleagues (we were around the same age and got along really well), good managerial level bosses

    Cons

    The usual - upper management issues, drudgery after familiarity with process


  6. "Good work experience but inefficient processes"

    StarStarStarStarStar
    Current Contractor - Business Analyst in Singapore (Singapore)
    Current Contractor - Business Analyst in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    DIverse workforce, good benefits. Opportunity to work with people from other countries.

    Cons

    Bureaucratic environment where a simple issue will take several weeks to be resolved as people just keep passing the issue around.

    Advice to Management

    Hire more local employees, provide more welfare in the pantry


  7. "First year really hard, can be frustrating, needs a lot of patience and then there is rewarding payoff"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director - Technology in Bishan New Town (Singapore)
    Current Employee - Director - Technology in Bishan New Town (Singapore)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great for Asia time zone working (no late night calls with us/eu). Great people can have an impact if able to influence. Very diverse, you gain lots of insight from varied parts of the footprint, definite wind of change from 2016 onwards where you can see the cob webs being blown away (it takes time and patience though). Not that many big ego's - people generally on the level (this can be misconstrued as apathy sometimes)

    Cons

    You need patience. It can be very frustrating to navigate and leverage to get things done. Don't expect spoon feeding, it's a "figure it out yourself" environment. Generally, office facilities are quite poor in some locations. Quality of staff is less developed countries causes frustration and leads to focus on rigid process (as people can't be trusted to think for themselves). Still some old guard clinging to power structures which creates some cliques (these are barriers to change and personal growth), HR is very weak - you are at the mercy of line manager for career development so must take into your own hands.

    Advice to Management

    Keep weeding out old guard who are remaining blockers. Invest in office environment more
    Aggressively (space, quality, facilities), up the focus and investment in TOP talent, turn staff into product ambassadors for retail services (most staff hate the retail service offered and use competitors)

  8. "Great benefits but very political"

    StarStarStarStarStar
    • 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)
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great benefits, flexible working, most managers are not micromanagers, ability to work on different projects

    Cons

    Career development very much based on your manager - not at all standardised across the board, very political so you have to go through many many hoops just to get (even simple) things done, you'll only progress if you know the right people

    Advice to Management

    reduce the complexity and offer career development to all. recognise people for putting in more than what they get


  9. "Unsure what they want to be"

    StarStarStarStarStar
    • 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)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    * Excellent leadership development programs
    * Great franchise value
    * In the right markets

    Cons

    * Too focussed on managing upwards
    * prioritisation of managing politics over actual delivery
    * Consensus focus often hinders decision making

    Advice to Management

    * Have a clear, focussed strategy and ensure everything is geared to that goal
    * Make the important changes as rapidly as possible rather than a drip feed adjustment


  10. "Analyst"

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

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

    Pros

    Decent bonus, plenty of staff offers and employee activities such as Family Day and Dinner&Dance.

    Cons

    People are generally more laid back, firm as a whole seems to have rather dated IT systems which are very siloed thus functions unable to be integrated.

    Advice to Management

    more uniform hiring structure with a drive towards talent management


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