Standard Chartered Bank

  www.standardchartered.com
  www.standardchartered.com

Standard Chartered Bank Reviews

Updated 25 November 2014
Updated 25 November 2014
651 Reviews
3.5
651 Reviews
Rating Trends

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

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves (in 67 reviews)

  • Work life balance as they have flexi hour with good working environment (in 44 reviews)


Cons
  • Work can get a bit hectic, sometimes difficult to maintain a work-life balance (in 23 reviews)

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

More Highlights

197 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Priority Relationship Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Priority RM
    Current Employee - Priority RM

    I have been working at Standard Chartered Bank full-time (less than an year)

    Pros

    Healthy enviornment, good base, freedom to do what you want and when, only that targets must be met, flexible hours

    Cons

    processes are tedious, sometimes getting business is not difficult but logging it in is, you need to have a strog network to get your business done within the organization

    Advice to ManagementAdvice

    more focus is required in consumer banking

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Was a great place to work at 5 years ago!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consumer Banking in Mumbai
    Former Employee - Consumer Banking in Mumbai

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

    Pros

    Ok so the pro's - Very open culture, you can walk up to seniors easily and talk to them, share your ideas. Also the company wants to innovate and is very open to listening to and implementing new ideas. Depending upon the department and country that you are in, work life balance can be good or challenging.

    Cons

    Pay is not as per industry standard at least on the consumer banking side
    Changes in management in the last few years have made it very cut throat and cold! Top management especially in india was very friendly and genuinely concerned about employees. Doesn't seem to be the case now. Keep it to work and thats all they want!

    Advice to ManagementAdvice

    Get human again!

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

    Good but the Bank should introduce more Growth opportunities for deserving employees

    • 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 (more than 3 years)

    Pros

    Overall good Experience....Work life balance and good enviornment

    Cons

    Growth opportunities not really lucrative...

    Recommends
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  5.  

    RM

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank

    Pros

    The company cares a lot for its employees

    Cons

    Growth is slow in this bank

    Advice to ManagementAdvice

    THe growth should be made more clear for employees

  6.  

    Strong Performance Focus. Average Vision

    • 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

    Strong Brand within APAC. Strength lies within Corporate /Institutional Banking

    Cons

    Poor Talent Management. Poor Culture, In fighting between Sales, Credit and Collections. Political. No real strategy to dominate in the market. Leadership cocooned within UK rather than the emerging markets

    Advice to ManagementAdvice

    Leadership is a challenge in India. Most leaders come with a 2 year horizon so the vision for the bank is reset every 2 years and hence has no real strategic value

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    I had spent 3 years with the bank. Joined the bank in 2009. Overall my experience was neutral with the bank.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager - Preferred Banking in Bangalore
    Former Employee - Manager - Preferred Banking in Bangalore

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

    Pros

    Good work life balance, great people with lots of years with the bank

    Cons

    Salaries are not at all based on performance but based on your level in the organization. Awards make up for salary. Business units goals are not aligned with management goals.

    Advice to ManagementAdvice

    Keep your employees happy and tell them your vision as a bank. People are just working towards monthly targets.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  8.  

    Fair

    • 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 full-time (more than an year)

    Pros

    Medical facilities are best in the industry

    Cons

    Not the best of paymasters

    Advice to ManagementAdvice

    Follow a more pragmatic approach to business

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Standard Chartered

    Former Employee - ASM in Hyderābād
    Former Employee - ASM in Hyderābād

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

    Pros

    Good brag to work for. Good money.

    Cons

    Less branches . Hard to sell products because of premium charges.

  10.  

    Bitter / Disappointing experience in the last 3 years at Standard Chartered Bank

    • 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 full-time (more than 10 years)

    Pros

    1. Great brand
    2. Community Service
    3. Excellent Relationship Management

    Cons

    1. Weak and unskilled HR (HR has never been robust ).
    2. "Here for people" is fast disintegrating.
    3. Potential resources are being side-lined . Line Managers and their henchmen rule the Bank.
    4. "Grievance Cell" is non-functional

    Advice to ManagementAdvice

    1. Please identify ( an independent judgement ), recognize and retain potential resources. And, be fair and just to all.

    Doesn't Recommend
    Neutral Outlook
  11.  

    its is good and nice

    • 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 full-time

    Pros

    good work culture and good environment

    Cons

    no growth and no opportunities for middle managment

    Recommends
    Neutral Outlook
    Approves of CEO

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