Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews

Updated 1 October 2014
Updated 1 October 2014
620 Reviews
3.6
620 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
259 Ratings

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 61 reviews)

  • Work life balance as they have flexi hour with good working environment (in 42 reviews)


Cons
  • Work can get a bit hectic, sometimes difficult to maintain a work-life balance (in 21 reviews)

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

More Highlights

193 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Banking at SC

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

    I worked at Standard Chartered Bank full-time (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
  2.  

    Not as much learning as i expected

    • 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 as an intern

    Pros

    Office was nice, salary for intern was standard in China.
    I stayed for only four months so didnt get as much experience, but there are some nice colleagues.
    Time-off was flexible

    Cons

    Internal competition and interpersonal relationship was a bit complicated, considering it's an international company.

    Advice to ManagementAdvice

    Pay a little bit more attention to interns. They are more than just low cost labour. Sometimes they can bring value if you use them wisely you know?

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Very good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in London, England
    Current Employee - Intern in London, England

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

    Pros

    Professional workplace. Good and friendly people.

    Cons

    Weak Training. No mentors offered.

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  5.  

    Good exposure across the footprint of the network within the IG program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Director in London, England
    Former Employee - Associate Director in London, England

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

    Pros

    - Good training for international graduates (IG)
    - Emerging market based

    Cons

    - Mixed culture due to large turnover
    - Moderate brand recognition
    - Compensation on par or below par

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Good office, many opportunities, but poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - FI OCC in London, England
    Former Employee - FI OCC in London, England

    I worked at Standard Chartered Bank full-time (more than an year)

    Pros

    good working hours..average to decent compensation

    Cons

    management is very poor and sometimes not competent even in basic banking knowhow

    Advice to ManagementAdvice

    Learn more...atleast make an effort

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Outstanding Firm performance, but lack of career prospects in uk

    • 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

    Good culture and work life balance. Out their value and corporate value in very night priority

    Cons

    Only focused in Asia, particularly Singapore, hk, India and china. Good career prospective only if you are planning to be an expat

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Very mixed experience; loved some parts, hated others.

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

    I worked at Standard Chartered Bank full-time (more than an year)

    Pros

    Great work/life balance and philanthropic culture. SCB have a great work life balance, actively encouraging working from home, using all your holiday plus days out of the office volunteering.

    Cons

    Consensus driven environment, difficult to get any major decisions made. Also takes an incredibly long time to make any changes at all. Seems to encourage forward thinking by hiring bright people, only to hinder them at every turn.

    Advice to ManagementAdvice

    Empower people.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Growing bank, but not growing fast enough

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England
    Current Employee - Anonymous Employee in City of London, England

    I have been working at Standard Chartered Bank

    Pros

    - Not a cut throat place like other places ive worked
    - Truly cross-border, with plenty of international opportunities
    - Good investment in systems

    Cons

    - Bonus payments are average at best
    - A lot of politics: many people doing very little that do not deserve a seat are still around
    - Not aggressive enough

    Advice to ManagementAdvice

    Be a bit more aggressive in risk taking at the bank. Please do not recruit people from other banks just because theyre from other banks. Would like to see more management on the ground.

    No opinion of CEO
  10. 1 person found this helpful  

    Real center of gravity is in Singapore

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    I worked at Standard Chartered Bank

    Pros

    great brand
    nice people
    strong culture
    support flexible working
    Peter Sands
    open, light working space
    get real exposure to developing markets

    Cons

    very isolated in London - real action in Singapore
    long, ponderous decision making
    political - only good news can be given
    some blockers have been there far too long
    lacks a performance edge

    Advice to ManagementAdvice

    Get faster and more courageous in decision making
    Move HQ to where your markets are
    Improve quality of some of the senior management team

    Recommends
    Approves of CEO
  11.  

    scb

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Officer in Makati City (Philippines)
    Former Employee - Customer Service Officer in Makati City (Philippines)

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

    Pros

    Great place to start your career.

    Cons

    Some departments are under staffed.

    Advice to ManagementAdvice

    scb

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