Silicon Valley Bank

  www.svb.com
  www.svb.com
There are newer employer reviews for Silicon Valley Bank

 

Summer Intern

Former Employee - Summer Intern in Newton, MA
Former Employee - Summer Intern in Newton, MA

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

Pros

The company atmosphere was very fun and the people are interesting and easy to work with. Everyone was willing to help and answer my questions. I participated in a lot of out of office activities and community service. It was an overall great experience

Cons

Sometimes a little boring, but I think this was because they are slow in the summer.

Recommends
Positive Outlook
Approves of CEO

120 Other Employee Reviews for Silicon Valley Bank (View Most Recent)

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  1. 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

  2. 3 people found this helpful  

    Stay away from the internal audit department!

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

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

    Pros

    Above average benefits & compensation
    Unique niche
    Location
    Most of the people outside of internal audit are cooperative

    Cons

    Internal audit department is one of the worst departments to work for in SVB. The team comprises of Caucasian male managers and Asian female staff. Teams are managed by fear and intimidation. There is no guidance, mentoring or coaching from any of the managers. Head of internal audit has an objective to force at least two employees to quit each year. In the 7 years that he has been on the job 14 people have quit the group. The size of the internal audit team is 10.

    Outside of internal audit, if you are on the lending side you can have a defined career path depending on your networking skills. Having a parent that is connected to the startup ecosystem is a prerequisite for success.

    SVB executive management is stacked with Greg Becker's followers. As expected, this leads to a single point of view which is good if it's the right view.

    Advice to ManagementAdvice

    Leadership cannot be delegated
    Stop treating corporate functions like internal audit as necessary evil that are needed for regulators and audit committee

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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