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Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

69% would recommend to a friend

(11,001 total reviews)
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Bill Winters

79% approve of CEO

65% positive business outlook

Standard Chartered Bank has an employee rating of 3.7 out of 5 stars, based on 11,001 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Standard Chartered Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

11K reviews
1.0
Sep 26, 2013

A wanna-be bank

Recommend
CEO approval
Business Outlook

Pros

fairly good pay and thats about it.

Cons

This wanna-be bank has to attract talent by paying a notch above the others. Whilst its Wholesale bank was bearable until 2010 (Citibankers invasion), its Consumer bank (CB) is an oligarchy run by a handful of larger-than-life indians who protect each others back and show returns at all costs to a geriatric board sitting in the UK. Beware to all, this a venus fly-trap. You are welcome as long as you walk the party line and lick the boots of the indian boys club that run the show. It grew exponentially from 2007 onwards hiring: an army of local singaporean cheap labour to change different colour light-bulbs, a number of highly paid Aussies and undesirable leftovers (with a gift of the gab) from other banks. for senior staff, Ooce you fall for its salaries it is difficult to get out of the trap. I cannot total the number of headhunters who told me that I was lucky to get out after 3 years, otherwise I would be branded SCB - "Here of Foot" and no serious bank would consider me thereafter. Like Incredible India - inside it is everyday a working miracle.

1.0
Apr 23, 2013

Worst company I've worked for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pay Nice art throughout the London office

Cons

Everything is outsourced to India (e.g. IT, HR, Payroll) so be prepared for some of the most frustrating conversations of your life! You have been warned. Predominantly Asian in approach/culture - it is a British bank in name ONLY Sprwaling organisation that has too large a global footprint to know what they are doing Very high turnover in relation to new joiners

1.0
Jun 19, 2012

Glad to be leaving!!!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's not as 'cut-throat' as some of the other investment banks

Cons

Rubbish HR, appaling IT support - both outsxourced to India (it's like having the most frustrating call-center conversation every day) Non-progressive environment The bank is basically an Asian bank with a British sounding name and heavily adopts the SE.Asian way of working - the Singaporean government holds a high percentage of shares. Takes absolutely ages to get anything done High rate of new joiners end up leaving 6mths within joining

Viewing 85 - 87 of 11,001 Reviews

Glassdoor has 12,234 Standard Chartered Bank reviews submitted anonymously by Standard Chartered Bank employees. Read employee reviews and ratings on Glassdoor to decide if Standard Chartered Bank is right for you.