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Standard Chartered Bank

Engaged employer

Cronyism, bleeding of values over a very short time frame, poor decision making from senior management - Operations Analyst Standard Chartered Bank Employee Review

2.0
13 Feb 2015
Recommend
CEO approval
Business outlook

Pros

-Diverse cultural exposures -Decent work ethos with regards to honesty -Customer-oriented service -Good learning opportunities if you exhibit a willingness to learn -Great branding in the retail banking facet of the industry -Work-life balance is attainable

Cons

-Poor integration of technologies to support middle to back-end processes. resulting in unexplained manual workarounds -Cronyism is prevalent across the bank's middle to senior management -Culture and values have waned drastically despite regular "recommitments" expected from employees, all within a short span of 2 years -Inadequate compensation for entry level positions, incommensurable with efforts/skills required -Frequent shirking of responsibilities from highly concerned parties/units, resulting in preventable stand-stills -Bootlicking is rewarded greatly, as compared to pure and honest work with intention to improve -Lack of foresight involving big decisions- too often have we been making preventable losses despite early signs and warnings -Big foreigner base (lots of Indians) who come on board based on friendship rather than proven track records -Slow career progression and wage adjustment is pathetic

Explore other reviews about Standard Chartered Bank

5.0
11 June 2026
Anonymous freelancer
Recommend
CEO approval
Business outlook

Pros

Great team, great working atmosphere

Cons

None significant, however as for every big organization changes can be slow to implement.

2.0
8 May 2026
Recommend
CEO approval
Business outlook

Pros

good if you want to learn about countries with developing markets

Cons

not much you can do as an intern, a very cliquey company as well

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