Standard Chartered Product Manager salaries in Mumbai (Updated 2025)

Likes

Co-workers seem approachable. Salary benefits are good as well. Learning opportunities are immense.

Dislikes

Work Life balance is the main drawback. extending beyond normal work hours almost everyday has become norm. Reason for this seems to be immense work load beyond one's capacity. Also Work pressure is constant.

Likes

The kind of support for self learning it provides is enormous. Work life balance is at its best. Learning from work is good.

Dislikes

Growth and onsite opportunities are not up to the mark. Better compensation should be placed Shares and other benefits should also be given to employees.

Likes

1) Based on your team and position in the company, your work-life balance can vary. But in general it is good. You don't get pressured much because it is an insourcing firm and your clients are your internal stakeholders. 2) The outlook of the Group Management is Fabulous. They are pulling the right strings at the right time and set ambitious yet achievable goals. But they don't transcend down to the lower rungs of the pyramid. It gets blocked by the fatty middle management layer and they are more of projections than actual actions. The Group is often blinded by the what happens in the upper layers of the pyramid. 3) The strides it made during the past 4 years, slow but there is progress without stagnation at least is some departments of the bank.

Dislikes

...adder or get promoted as they value your longevity more than your performance. 4) Salary is absolutely not competitive. It is like India is - The rich get richer and the poor get poorer. If you do a comparison you don't even fall in the market median bracket which is pathetic. They milk on people's ignorance on their market worth and value. 5) The external perspective of SCB GBS is not that great in India Chennai/Bangalore. Therefore when you want to look out, you rarely get calls from other players in the same sector. Maximum it would be Citi, HSBC, SG. This might not be true for SCB Singapore. 6) Senior folks have established their comfort couches in the company and it makes it difficult for talented junior folks to climb up.

Likes

I have been working with SCB GBS since 2010 and I must that it gives a great learning opportunity though compensation must improve to match with existing companies. Secondly, Manager/ boss culture need to be improvised though its quite subjective and individual attitude

Dislikes

GBS leadership as an individual Managers with 10 - 15 years of experience within organization are bias and follow boss culture whereas on-site leadership team is the best.

Likes

I have associated with scb as business analyst for payments domain for 18 months in building a new payment system and i would say this is one of the best company to learn the entire payment module as people are seasoned in payments domain. Coming to the aspect of job security I don't think any organisation which would be as safe as this one.

Dislikes

...el will not support for latest initiates provided by the new member of the team. I personally salary was not on par with industry.