Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews

Updated 24 October 2014
Updated 24 October 2014
620 Reviews
3.6
620 Reviews
Rating Trends

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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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to work!

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

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

    Pros

    Really look after you as an employee. Excellent work-life balance.

    Cons

    Bonus scheme
    Pension scheme
    Leadership
    Job opportunities
    Gym membership

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Compliance manager

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

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

    Pros

    30 day holiday, work from home,

    Cons

    Unreasonable targets, lack of career opporttunities, unprofessional HR system

    Advice to ManagementAdvice

    Consider being taken over as share price is on its knees and your time has come

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Changed for the worst

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

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

    Pros

    Bank has the right footprint and the prior model would work if they went back to it.
    Good chance to work abroad

    Cons

    A lot of Investment bank hires in managerial roles taking the money and having unrealistic expectations.
    Bank is rapidly losing its DNA

    Advice to ManagementAdvice

    Go back to the old "here for good" SCB model which has now become here to get whatever I can for myself over the last couple of years

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    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
  6.  

    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
  7. 1 person found this helpful  

    Intern

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

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

    Pros

    Great culture,
     friendly people
    Great food at subsidized prices!

    Cons

    almost none. Although it was a little hard approaching senior management

    Advice to ManagementAdvice

    keep doing what you are doing

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    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.

  9.  

    Very good

    • 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

    very good bank to start your career with. Training provided is great.

    Cons

    if you want international transfer within the bank, it is not very easy

    Recommends
  10.  

    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
  11.  

    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

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