Silicon Valley Bank

  www.svb.com
  www.svb.com

Silicon Valley Bank Reviews

Updated November 7, 2014
Updated November 7, 2014
117 Reviews
2.9
117 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Silicon Valley Bank President & CEO Greg Becker
Greg Becker
57 Ratings

Review Highlights

Pros
  • Good people, very focused on their employees and work life balance (in 11 reviews)

  • good benefits good job opportunity (in 16 reviews)


Cons
  • They've taken the "Client First" mantra to the extreme where there is no work-life balance (in 5 reviews)

  • Its too late in IT, its to damaged thanks to the depredations of the new CIO (in 8 reviews)

More Highlights

27 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Depends which dept. you work in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous in San Francisco, CA
    Current Employee - Anonymous in San Francisco, CA

    I have been working at Silicon Valley Bank full-time (more than 5 years)

    Pros

    It's apparent to me which departments are happy and which are struggling after reading the reviews. Each area and dept is managed differently and employees have a wide range of experiences because of that. In my position, we have great culture, and pretty good management.

    Cons

    The bank has changed over the last year or 2. Morale is lower, stress is higher, and salaries are lower than industry average. There has been large turnover in specific teams because of employee frustrations in combination with competitor poaching.

    Advice to ManagementAdvice

    Focus on taking care of your employees. The culture is changing and not for the better.

    Neutral Outlook
    Disapproves of CEO
  2.  

    Start-up bank with great culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in San Francisco, CA
    Former Employee - Vice President in San Francisco, CA

    I worked at Silicon Valley Bank full-time (more than 5 years)

    Pros

    There are so many great things about SVB: great benefits, the culture, and the start-up ecosystem. The Bank is well known in the start- ups and venture community; they bank close to 60% or more of the start-ups. You will learn a lot about business development, underwriting and portfolio management.

    Cons

    Politics and favoritism are what is killing the culture that the company built since its founding. Some managers are incompetent, weak and will throw you under the bus. Other than this, most people are pleasure to work with and you will make life long friends.

    Advice to ManagementAdvice

    People are company's greatest assets. Please focus on developing talent; otherwise, the bank will continue to lose its top talent to competition.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    SVB (Boston Office)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in Boston, MA
    Former Employee - Financial Consultant in Boston, MA

    I worked at Silicon Valley Bank full-time (more than an year)

    Pros

    Relaxed & collegial atmosphere. People here are really genuinely nice. Company is improving training resources for new and existing employees.

    Cons

    Poor compensation for work done; most junior associates on good teams will work investment banking hours for half the pay. Promotions are handed out by a managerial committee so there's a significant chance that you'll be passed over for more senior employees unless you network really hard.

    Advice to ManagementAdvice

    ADP Program is a step in the right direction; consider recruiting from outside managements alma mater(s), you might get better candidates.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    I would not recommend this company to an IT engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Santa Clara, CA
    Former Employee - Anonymous Employee in Santa Clara, CA

    I worked at Silicon Valley Bank as a contractor (less than an year)

    Pros

    If you are looking for a career in finance and banking, this is a good place because SVB is primarily an investment bank, and not a retail bank. For this same reason, there is never a *stressful* push to continuously improve the IT function, add more features or fix the less critical bugs - primary interaction with customers is by customer facing employees. In that respect, life for an IT engineer is relatively stress-free.

    Cons

    IT dept is chaotic and has not enough SVB people - a lot of IT functions are outsourced to multiple agencies with consequent lack of interest in working together and unhealthy politics.

    Advice to ManagementAdvice

    It is OK to hire SVB people who are then motivated and incented to work for the bank, and do not owe their loyalty to their hiring agencies.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Growing bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Santa Clara, CA
    Former Employee - Manager in Santa Clara, CA

    I worked at Silicon Valley Bank full-time (more than 5 years)

    Pros

    SVB gives the opportunity to work in a high growth Bank. The comp and Ben is very good and the people are very friendly with strong integrity.

    Cons

    As with growing companies the infrastructure is still catching up and resources are limited. There are not too many internal opportunities to grow as the Mid-Senior Management does not change.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    SVB has lost its luster; management is seriously disconnected

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Palo Alto, CA
    Current Employee - Anonymous Employee in Palo Alto, CA

    I have been working at Silicon Valley Bank full-time (more than 5 years)

    Pros

    Benefits, life/work balance, employees are generally happy to be there

    Cons

    When minor mistakes are made, it becomes a blame game, finger-pointing environment. Some bad managers are making things worse. Employees are afraid to say anything because of the backlash. They are being thrown under the bus.

    Advice to ManagementAdvice

    Upper management needs to pay attention. Bad managers are being promoted. It's quid pro quo.

    Positive Outlook
    Approves of CEO
  8. 5 people found this helpful  

    Frat house

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Silicon Valley Bank

    Pros

    Great benefits, company is well known with the early stage tech companies as well with the top venture firms.

    Cons

    Unless you are a lender your career trajectory is very limited. Too many middle managers , old boy network prevails.. Rotation program only available for lenders and the "chosen". Many of the successful people fit same profile

    Advice to ManagementAdvice

    Don't be so insincere

  9. 1 person found this helpful  

    Good place to work, if you don't mind being surrounded by unqualified "good guys"

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

    I have been working at Silicon Valley Bank full-time

    Pros

    Work life balance is encouraged

    Cons

    Don't necessarily need to be qualified for positions, as long as you are liked by the right people.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 3 people found this helpful  

    mixed experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Silicon Valley Bank full-time (more than 5 years)

    Pros

    good benefits, interesting work. unpleasant culture.

    Cons

    passive aggressive culture. dishonesty, little support.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  11.  

    Great Company if you can get in...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Intern in Santa Clara, CA
    Former Employee - Human Resources Intern in Santa Clara, CA

    I worked at Silicon Valley Bank as an intern (less than an year)

    Pros

    Good people, very focused on their employees and work life balance.

    Cons

    Poor management accountability, and not willing to hire in California.

    Recommends
    Neutral Outlook
    Approves of CEO

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