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Standard Chartered Bank

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Do your research about your line manager before you join - Anonymous employee Standard Chartered Bank Employee Review

3.0
10 Dec 2023
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Your provided points highlight positive aspects of a workplace: 1. Generous Paternity Leave - Offering 20 weeks of paternity leave demonstrates a commitment to supporting employees during important family moments. 2. Staff Discounts for Brands - Providing staff discounts for various brands contributes to employee perks and satisfaction. 3. Comprehensive Leave Policies - Offering 25 days of leave, along with family care leave and voluntary leave, shows consideration for work-life balance and personal needs. 4. Strong Career Progression Opportunities - Emphasizing good career progression suggests that employees have opportunities for professional growth and development within the organization.

Cons

1. Overreliance on Foreign Talents - The company appears to heavily hire foreign talents, particularly from India, with a concentration in Group Management. 2. Senior Management Challenges - Some senior management in Group Management lack relevant experience and focus primarily on cost and outsourcing. - Job security concerns are raised, suggesting potential redundancies with replacements from GBS hubs. 3. Inadequate Transformation Efforts - Over the years, the company's transformation efforts are criticized for being poor, and there's uncertainty following the departure of the person in charge. 4. High Turnover of Experienced Professionals - Notable departures of experienced professionals, spanning Group, Regional, and Country levels, raise concerns about the organization's ability to retain talent. 5. Outdated Processes and Guidelines - The presence of too many processes and outdated guidance and process notes indicate a need for streamlining and updating. 6. Insufficient Technology Investment - The company appears to invest less in technology, highlighting a potential gap in staying competitive and efficient.

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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