Pros
- Good rotations across different teams within the bank, from industry coverage teams, investment banking coverage (SCB terms it as Strategic Client Coverage Group, or SCCG), or corporate finance - Leaders and seniors who take the time to nurture and develop you as a finance professional - Networks across the bank in various geographies. Opportunity to work alongside an international team - Good amount of deal flow for the debt-driven products given SCB's advantage as a balance sheet bank - Interaction with external stakeholders early on in your career. Given the opportunity to meet clients and partners in other banks, present the financial model, and learn not just about the financial aspects of a transaction, but also the legal side of things - Flat, non-hierarchical structure within certain teams - No hire and fire culture/ sink or swim culture - Nice view from the office at MBFC Tower 1
Cons
- Compensation is not pegged to market, especially if you end up in SCB Corporate Finance, where the hours you put in are substantial and comparable to other investment banks. - Employee Review for International Graduates is pegged to an average and determined by your graduate sponsor (mentor), who may not be your direct superior in your rotations and is less likely to grade you favourably - You might not end up in the team of your choice within the bank, and might be allocated to a role within the corporate banking teams instead of a corporate finance team. Competition is extremely fierce for certain teams within the bank