There are newer employer reviews for Silicon Valley Bank
There are newer employer reviews for Silicon Valley Bank

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Helpful (1)

Great niche, distracted execution of strategy.

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

I worked at Silicon Valley Bank full-time

Recommends
Neutral Outlook
Disapproves of CEO
Recommends
Neutral Outlook
Disapproves of CEO

Pros

Fantastic niche - dominant player for venture backed start-up companies which drives great deposits, fee income, loans, warrants (albeit a finite market).

Cons

Spread too thinly and chasing too many initiatives that seem unprofitable (e.g. global offices). Reorganize the company frequently and retain poorer performers. Distracted execution.

Advice to Management

Focus.

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  1. Helpful (2)

    I would not recommend this company to an IT engineer

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

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    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 Management

    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.


  2. Helpful (1)

    Growing bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.


There are newer employer reviews for Silicon Valley Bank
There are newer employer reviews for Silicon Valley Bank

See Most Recent

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