Silicon Valley Bank

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

7 people found this helpful  

CIO is killing entire IT Department

  • 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 (more than 8 years)

Pros

SVB has a great culture and stands behind their employees with the exception of their new CIO Beth Devin.

Cons

IT morale is at an all time low. The CIO has had IT in a re-org for over a year now and still not finished. She has dissolved one of the highest performing departments and split them up across all the other depts. She moved people and created new teams before even having job descriptions or team charters. She spends more time in the business side instead of leading her IT dept. She gives more responsibility to a department that is known throughout the organization to be under performing, then goes ahead and fires the head of that department les then two month after making the change. At the same time, she fires the head of the department she dissolved even though that person successfully build a brand new team and was delivering on his tasks. She is now just cutting anyone that does not agree with her whether they are performing or not.

Advice to ManagementAdvice

Senior management needs to get ahead of their CIO and take the reins before she ruins a great department and lose more people then they already have

Doesn't Recommend
Negative Outlook
Approves of CEO

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

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  1. 2 people found this helpful  

    Breath of fresh air in IT

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

    I have been working at Silicon Valley Bank full-time (more than an year)

    Pros

    This review is from someone who has been in SVB IT for almost 2 years.
    Great opportunities to grow skills and business acumen.
    A leadership team that really listens and promotes equality.
    Women have equal opportunity to advance.
    Great pay and conditions.
    The business challenges and motivated people make it a pleasure to come to work.
    CIO has a great vision to transform IT.

    Cons

    Some long term IT people have old values and are too comfortable in their jobs. These people form cliques and unfortunately undermine progress with passive-aggressive behavior.

    Advice to ManagementAdvice

    Support the change in IT. It's a breath of fresh air.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    IT has gone from being a decent place to total misery

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Systems Analyst in Tempe, AZ
    Current Employee - Business Systems Analyst in Tempe, AZ

    I have been working at Silicon Valley Bank full-time (more than an year)

    Pros

    Competitive pay package/salary
    Flexible time away from work policy

    Cons

    Agree with all the reviews stated before. CIO has completely lost it. She is clueless about how to run an IT shop. Fired 2 Leadership team members this week, after promoting both of them 5 months back. How can someone be so fickle minded. Apparently they were not exhibiting OneIT culture and whatever that means. One of them was known to express his dissent if he didn't agree with her opinions. The clear message is that you either suck up to her and not have your own opinion, or leave the bank.

    Don't think we even need her, she is never around for her employees anywyas. She is either attending conferences or going around bad mouthing IT to the business. How messed up we were before and how this transformational journey is going to take us to the moon. Someone should question what has she accomplished in the last one year. Besides completely messing up the morale of the team.

    Advice to ManagementAdvice

    Advice to COO: you need to take over IT. You have appointed a leader who is totally clueless and creating a culture worse than what we had before. Intervene now before it's too late.

    Recommends
    Positive Outlook
    Approves of CEO
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