Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com
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Standard Chartered Bank Reviews

Updated 13 September 2014
Updated 13 September 2014
587 Reviews
3.6
587 Reviews
Rating Trends

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Standard Chartered Bank Group CEO Peter Sands
Peter Sands
238 Ratings

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 47 reviews)

  • Nice working environment inside the company (in 38 reviews)


Cons
  • work life balance based upon projects (in 19 reviews)

  • long working hours, low pay, no recognition at work unless youre an indian (in 15 reviews)

More Highlights

189 Employee Reviews Back to all reviews

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  1.  

    Business Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  Singapore (Singapore)
    Former Employee - Business Analyst in Singapore (Singapore)

    I worked at Standard Chartered Bank as a contractor for more than a year

    Pros

    Good salary; flexible working hours; allow working from home;result oriented

    Cons

    relocation of IT staff to offshore;

    Advice to ManagementAdvice

    be more transparent to staff

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Good but the Bank should introduce more Growth opportunities for deserving employees

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

    I worked at Standard Chartered Bank for more than 3 years

    Pros

    Overall good Experience....Work life balance and good enviornment

    Cons

    Growth opportunities not really lucrative...

    Recommends
  3.  

    Up and Down

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

    I have been working at Standard Chartered Bank

    Pros

    Benefits are terrific and work life balance is neutral.

    Cons

    Too many policy and rigid. Some of top managements are didn't have development program for new joiners.

    Advice to ManagementAdvice

    Start investing in people and assist them creating career path. Development on people not just for your own company revenue.

    Recommends
    Neutral Outlook
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  5.  

    work life banace

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

    I have been working at Standard Chartered Bank full-time

    Pros

    Career growth is based on performance which is amazing for hard working individual

    Cons

    Salary is not very satisfactory

    Recommends
  6.  

    software engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer  in  Tianjin, Tianjin (China)
    Current Employee - Software Engineer in Tianjin, Tianjin (China)

    I have been working at Standard Chartered Bank full-time for more than 3 years

    Pros

    working balance is good .

    Cons

    technical skills are not highlighted .

  7.  

    From good to bad to worse in technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Infrastructure  in  Singapore (Singapore)
    Former Employee - IT Infrastructure in Singapore (Singapore)

    I worked at Standard Chartered Bank full-time for more than 10 years

    Pros

    The work life balance is about as good as you're going to get working for a bank and they also pay handsome salaries when compared to similar roles in other banks.

    Cons

    Those who shout the loudest tend to rise to the top but unfortunately in many cases empty barrels make the most noise. The bank has grown very quickly and what used to be a small and close knit IT shop is now a huge sprawling mess with tens of thousands working in the IT function. Getting things done is challenging as it's a hugely bureaucratic environment and the processes involved are incredibly poor, instead of fixing the inefficiencies the approach taken by management is to build more bad processes on top of the existing ones. The quality of many of the technical staff is way below average so it's not hard to shine if you're competent and can deliver. The IT function is run by the smart 20% of staff the other 80% are either people who talk a good game but don't actually contribute anything or just passengers.
    There's a lack of accountability and the management structure is too complicated, many managers are covering the same thing so it's unclear exactly who is responsible for what and when things go wrong there's always a lot of finger pointing but no-one is actually held accountable.

    Advice to ManagementAdvice

    Get rid of the dead wood, stop off shoring to cheap locations, you get what you pay for and it's better to hire 1 smart person who can deliver rather than 4 amateurs in a cheap locations

    Doesn't Recommend
    Negative Outlook
  8.  

    Banking at SC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Relationship Manager  in  London, England (UK)
    Former Employee - Director, Relationship Manager in London, England (UK)

    I worked at Standard Chartered Bank full-time for more than 10 years

    Pros

    Fairly decent hours, focus is always on Asia so yours had better be as well. Generally friendlier place than most banks, lots of lifers but that is changing.

    Cons

    Hired lots of ex-US bankers who have then brought in their friends thus altering the culture. Share price has collapsed of later. Perks are essentially non-existent and office politics is vital.

    Advice to ManagementAdvice

    Changes required at the top are limitless, the share price has collapsed and yet the institutional investors are only now starting to talk to the FT. Reward loyalty like the bank used to or the poison will float up.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Very long hours rewarded by a fantastic view of Marina Bay

    Former Employee - Summer Analyst  in  Singapore (Singapore)
    Former Employee - Summer Analyst in Singapore (Singapore)

    I worked at Standard Chartered Bank as an intern for less than a year

    Pros

    I once asked my analyst the best part of wroking fro Standard Chartered.

    24 Days annual leave :D

    The best part about working here is not working here.

    Cons

    The pay is terrible. Horrendous.

    Advice to ManagementAdvice

    Pay us more.

  10.  

    Its OK

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

    I have been working at Standard Chartered Bank

    Pros

    Internal transfer is flexible, company values are good

    Cons

    Old systems, salary is low compared to market

    Advice to ManagementAdvice

    Invest more on talents

  11.  

    Experiences at SCB

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

    I worked at Standard Chartered Bank

    Pros

    International Working Environment
    Improve and Develop banking skills

    Cons

    HR was not professional at all
    The seniors were not appreciated what you'd truly contributed
    The older employees gave their tasks for the newcommers

    Recommends

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