Standard Chartered Bank

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Standard Chartered Bank Reviews

Updated 16 August 2014
Updated 16 August 2014
572 Reviews

3.5
572 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Standard Chartered Bank Group CEO Peter Sands
Peter Sands
230 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

Employee Reviews

Sort: Popular Rating Date
  1. 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

    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
  2.  

    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

    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
  3.  

    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

    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
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  5.  

    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

    Pros

    Professional workplace. Good and friendly people.

    Cons

    Weak Training. No mentors offered.

  6.  

    Very good

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

    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
  7.  

    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

    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
  8.  

    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

    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
  9.  

    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

    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
  10.  

    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

    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
  11.  

    Good bank to work For.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Stable, with highly skilled employees

    Cons

    Limited presence in Europe, most activities are based in Asia, Africa and Middle east

    Approves of CEO

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