Standard Chartered Bank Manager - Risk Management reviews

high level of bueraucracy, poor IT systems, slow promotions, a lot depends on boss

1. Very political. Especially obvious after restructuring exercise. The regional and country management filled by almost Indian. Diversity and inclusion is out of the picture. Worst of all, some of them are incompetent to lead compare to those before the restructuring exercise. Toxic culture created and employee moral and motivation dropped. Most of the good employee already left. 2. A bank that only doing good on digital banking. The rest of the IT applications are obsoleted. Obsoleted also never mind, enhancement process is taking very long. Not agile at all! Whenever want to do a system enhancement, the "Scope International" will charge unreasonable high fees. So, to save cost, the operation is expanding organically. They are building an army behind the system to do manual works (Adding a headcount is cheaper than system enhancement). Come on, this is a serious strategic issues!