Silicon Valley Bank Reviews

Updated August 4, 2014
Updated August 4, 2014
107 Reviews

2.9
107 Reviews
Rating Trends

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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
49 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company to work for.

    • 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 for more than 8 years

    Pros

    Strong, collaborative/team oriented culture; management has good strategic focus/objectives; strong benefit package; ability to move around to different roles internally; work/life balance

    Cons

    Visibility around employee compensation relative to competitors; can be overly slow to make big decisions; minor growing pains (real estate challenges, hiring strategy) as bank continues to rapidly scale

    Advice to ManagementAdvice

    Continue to promote from within, proactively take care of "best people" through empowerment, compensation and attention from highest levels in organization.

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

    SVB IT department is a pool of distrust, dishonesty and disingenuity

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

    I have been working at Silicon Valley Bank full-time for more than 10 years

    Pros

    SVB is a great place to work, as long as you're not currently working in IT or Global Services.

    Cons

    I've been with SVB for just over 10 years in the IT dept playing several different roles both as an individual contributor and multiple levels of management. I have been through many CIO's in my time here, good and bad, and I have to say the current CIO is the worst one SVB has every had. First off let me say SVB is a great place with great people and a fantastic culture unfortunately, the IT dept has now devolved into a cess pool of distrust, dishonesty and disingenuity. Management at all levels tell one story to their teams and individual contributors while telling a different story among themselves. Everyone, individual contributors and management, are scared to speak up or voice their opinions as they have seen good people get fired for doing the same. The offices the once used to be vibrant and outgoing are now quiet and introverted. No one speaks unless spoken too and people rarely leave their seats or offices to mingle and interact. It's now like working in a morgue and everyone is just waiting for the next dead body to appear.

    The CIO has a great vision in her One IT culture but unfortunately she is not able to execute on it. She is never in IT leading them but instead chooses to be in the business informing them how IT has failed and how she is going to make it better. She is unable to make a decision and stick to it and constantly changes her mind depending on who she is talking to and what time of day it is. She dissolves and fires any competition to her ideas and gives more responsibility to under performing teams on false promises. SVB IT was once a functioning department, not perfect but I think anyone would be hard pressed to find an IT Dept that is 100% perfect.

    Advice to ManagementAdvice

    I used to tell people I was extremely proud to be part of SVB IT, now I'm embarrassed to tell people let alone interview new people to come on board. The CIO needs to get her head out of the business and start leading her own Dept instead of leaving it to her hired hands. Showing up to IT Mgmt meetings and allowing a Q&A session after her VERY scarce IT All Hands would be a great start.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Ambitious company with an amazing Brand and client focus

    • 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 for more than 5 years

    Pros

    Dedicated senior managers
    Great culture and values
    Amazing business opportunities
    Credit policy discipline
    Global business

    Cons

    IT challenged to keep up with bank growth
    Sales team paid by commission = bad habits
    Fast changing environment - need to be even more nimble

    Advice to ManagementAdvice

    Think differently about IT - adopt a new cloud based flexible/easy to customise platform and ditch old ASAP
    New CIO is a very good person and will lead us to new great things

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    One of the better ones

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

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

    Pros

    Great company, great culture, good benefits, and lots of perks.

    Cons

    Volume of work is high, requiring a lot of overtime. Adequate training is lacking in some areas.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Proud to be an SVBer

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

    I have been working at Silicon Valley Bank full-time for more than 8 years

    Pros

    *smart people
    *great culture
    *AWESOME benefits
    *community consciousness
    *challenging environment that embraces creative thinking and willingness to take risks
    *the most hardworking, committed, and fun place I've had the pleasure to work
    *sincere concern and relationships among peers, managers, clients and partners
    *an amazing bank, working with amazing clients who strive to do amazing things

    Cons

    *amount of projects/changes can feel excessive- can be a lot to manage and keep up with at times
    *work/life balance - due to workload and the overall desire to go the extra mile (it's just the DNA of an SVBer)

    Advice to ManagementAdvice

    *allow for more time to digest change before the next big change hits
    *take time to celebrate the wins - big and small

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

    Recall the CIO!

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Applications Support
    Former Employee - Applications Support

    I worked at Silicon Valley Bank full-time

    Pros

    SVB has great product, most innovative debt financing portfolios, and has a lot do focus on pay for performance.

    Cons

    The CIO is able to say all the Buzz words (culture, transformation, game changing) without any substances or depth. If you are looking for a broken recorder than repeats what's wrong but doesn't have strategy nor ability to rally the team to fix them, you got the right lady. IT spending is at all time high, so much money wasted with no result. Surprisingly I year after being part of IT, she can still talk about IT issues as if she is an outsider. Absolutely no demonstration of ownership nor accountability.

    Advice to ManagementAdvice

    If you don't want SVB drags down by her like California did during Arnols S' regime, it is not too late to recall.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Oh the CIO strikes back again with good reviews

    • 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

    Pros

    Good business side but bad bad bad IT

    Cons

    And the CIO's good reviews comes to glass door again. She is not even visible in office, forget about her taking care of her team and IT. Employee morale is low to zero, frustrated employees and people who ones used to be star performer just doing their job.
    She is busy promoting women in leadership. Yes, it's a good thing, I am a woman and I support it, but she has no clue and has totally forgot about her own team. If you are looking to join in any IT team, yes in any IT team, be warned and do not ruin your career. Regardless of job and compensation do not join IT, off course unless otherwise you have no job. People are good here but at this time immature leadership is ruining it all.

    Advice to ManagementAdvice

    Fire the CIO. If you are still sleeping after all the feedback, wake up. Or how about sending an employee satisfaction survey for IT employees, you will get it all out.

    Approves of CEO
  9. 10 people found this helpful  

    Save IT from the new incompetent CIO!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst (IT Project Manager)  in  Santa Clara, CA
    Current Employee - Business Analyst (IT Project Manager) in Santa Clara, CA

    I have been working at Silicon Valley Bank full-time for more than 3 years

    Pros

    Good Benefits
    Excellent business model
    Very good individual contributors in IT

    Cons

    I completely agree with all the IT feedback given in other reviews below. The new CIO is incompetent and does not understand technology! She cannot be trusted and is not capable of making any good Firm Sensible decisions! She has fired all Good (Make it Happen) leaders. Her new Leadership team is absolutely incompetent and are just talkers with no sense of managing IT employees (forget managing the vendors/partners) ! Instead of being effective partners with Business on Technology front, IT is trying to become Business itself taking client focus to the extreme!! Ridiculous, never seen in any IT department elsewhere. Don't know where this will all lead to, but IT is falling apart. And wait the Re-Org is still happening even after hiring external consultants to do it! OneIT is a horrible joke when no one in IT knows what each one's roles are and how the new org structure is supposed to work with so many undecided things and teams.

    Advice to ManagementAdvice

    Save IT before it becomes ONE (person) IT

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 4 people found this helpful  

    Be aware ... Great story but bad culture

    • 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 for more than 5 years

    Pros

    Great benefits, work with interesting companies , good work life balance

    Cons

    Becker is so aloof unaware of the poor employee morale. It is a huge white boy frat club. There is no diversity. The new CIO and CMO are both simply building mini empires to manage. High turnover, no career guidance unless you are one of the chosen few. Huge hidden perks for another class of employees.

    Advice to ManagementAdvice

    Culture is changing too fast in a bad way. Curb employee turn over not through useless focus groups but with mentors... Invest in non revenue generating employees. Becker please show that you care asides from you prepared speech you give every qtr at the employee town hall. You are not approachable. Managing out of fear has become the norm

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Great company to work for. Visionary Team

    • 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

    Excellent core values. Benefits and Comps. Growth story. excellent opportunities for people with the right mindset.

    Cons

    Fast growing company with lots of work and less people to do it.

    Advice to ManagementAdvice

    Keep up the good work on the re org. Follow through.

    Recommends
    Positive Outlook
    Approves of CEO

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