Silicon Valley Bank Reviews

Updated September 16, 2014
Updated September 16, 2014
110 Reviews
2.9
110 Reviews
Rating Trends

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

Review Highlights

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

  • good benefits, interesting work (in 15 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 7 reviews)

More Highlights

25 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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 for more than a 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
  2. 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 for less than a 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
  3. 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 for 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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 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 for 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
  6. 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
  7.  

    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 for less than a 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
  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. 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 for 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
  10. 1 person found this helpful  

    Great bank, subpar middle management

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

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

    Pros

    - Get to work with great clients
    - Great camaraderie with fellow co workers
    - Good benefits
    - Pay is competitive

    Cons

    - Middle management is ineffective
    - Lack of strategic direction for non lending units
    - Does not pay attention to career growth

    Advice to ManagementAdvice

    Do something of the ineffective middle management

    Recommends
    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    not so friendly environment

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Silicon Valley Bank

    Pros

    almost stressless, light working load

    Cons

    unfriendly people and depressing environment

    Advice to ManagementAdvice

    cheer things up a littles

Worked for Silicon Valley Bank? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.