Silicon Valley Bank Reviews

Updated April 20, 2015
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3.5
137 Reviews
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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
70 Ratings

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

  • good benefits good job opportunity (in 16 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 8 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Attorney

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Attorney in Palo Alto, CA
    Current Employee - Attorney in Palo Alto, CA

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

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

    Pros

    Great people, interesting work, excellent benefits, reasonable hours.

    Cons

    Compensation is a bit below market.

    Advice to Management

    Keep up the good work.

  2. Working with early stage companies

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

    I worked at Silicon Valley Bank as an intern (more than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Worked with an amazing team my entire tenure

    Cons

    I am not a fan of the CIO

    Advice to Management

    Get a new CIO

  3. SVB Crushing It

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Love the culture. The team always has something going on from happy hours to tailgates. We bank some of the most innovative companies in the world. Fratlife.

    Cons

    #innovation #nuffsaid

    20 word minimums will be the death of me. The lending we do can be challenging and you have to be comfortable with numbers.

    Advice to Management

    Keep at it bros.

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  5. Helpful (3)

    Avoid IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Principal Software Engineer in Santa Clara, CA
    Former Employee - Principal Software Engineer in Santa Clara, CA

    I worked at Silicon Valley Bank full-time (more than 5 years)

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

    Pros

    Good co workers.
    CIO is sidelined finally, step in the correct direction.
    Bank is amazing on the business side.

    Cons

    Weak do nothing Senior Leadership team in IT still in place
    CTO lost so many senior direct reports over last 6-9 months but is still in place. Seems to be no consequence for poor leadership and mismanagement.
    Troubled spots such as IT operations lack career planning and meaningful roles and major work gets pushed to other engineering teams without any consequence or changes in IT Operations leadership.
    Hard to bring in and retain new talent in this culture as you get signed up for work which is different than what was promised when they try to hire you .
    Lot of senior technologist and management committed to the bank has left last 12 months due to turmoil with CIO & CTO both of whom have completely mismanaged and ruined a functional IT organization that wasn't perfect but used to get things done.

    Advice to Management

    CIO sidelining is the first correct step.
     CTO and others in IT leadership should be under scanner. Bring in professional leadership that is willing to take action and create a culture where smart and technically competent people are rewarded . IT operations and other areas of trouble need to be revamped including functional line manager/director changes.

  6. A bank with a dynamic and innovative pool of talent

    • 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 (more than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Working in a very exciting space and along with many talented and creative business. The Bank is growing and is having major success in the UK and Europe.

    Cons

    As the Bank is in growth phase, it is all hands on deck and a very heavy work load. As they are still establishing themselves they do no have very well defined policies and procedures.

    Advice to Management

    Listen to your employees, seek their inpit and feedback and act on it! Compensate your staff in line with the success of the bank and according to the effort of employees. Ordering pizza for lunch does not count...

  7. Corporate Banking Intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Silicon Valley Bank

    Pros

    Love the culture, innovative company

    Cons

    Not enough full-time position for new graduates

  8. Good, but Flaky at Times

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

    I have been working at Silicon Valley Bank

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Workplace culture is great. You can tell that most offices really feel like family. Immediate managers are wonderful people. They really work to train everyone to be really good at what they do and want everyone to take pride in their work. Managers are always happy to help and train if there's something you want to understand better.

    Cons

    For a company that focuses so much on innovation, sometimes upper management can be a little resistant to change. Some people have really good ideas and are doing good work, but they end up stifled by people who are too worried about messing up the current status quo.

    Advice to Management

    You tell people you're all about change and innovation, but then you stop good ideas in their tracks because you're worried about the short-term changes instead of the good that people's ideas can do in the long run.

  9. Excellent Venture Lender, Dominant Position in Innovation Economy.

    • 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

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

    Pros

    Dominant market position in venture loan, PES, wine. Highly functional originations, credit and support teams.

    Cons

    Optimization of organizational structure and becoming a larger institution requires broader intellectual framework to maintain current growth rates and capture incremental value of institutionalized knowledge of the innovation economy.

    Advice to Management

    Assess your clients full set of product needs and financing structures and match new initiatives to the holes in the product offerings. Keep up the good work.

  10. Helpful (1)

    System Support

    • 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 (more than 5 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Great benefits, great parties and perks. Compensation is great. There are actually some great people who are willing to help you. They are not cheap and they still have team building activities.

    Cons

    Bad Managements stay and nothing being done!! They demoralize people and make people not productive. Especially if you are applying for the back office like Marketing or Finance or IT, RUN away or don't join this place.

    Moral is at all times low at these departments. Very high turnover. Some stayed 2 months, some don't give notices. Some left without jobs waiting. But all of these because they are so dissatisfied with management. These people are getting paid a lot of money and yet they leave! Some managers even had all of the workers left but 1 person.

    Lots of favoritisms. So if you are a favorite than your career can go up. No real growth.

    Advice to Management

    Put the money where your word is. United means that people get along. Look at the turnover rate. The only turnover should only because people retired. But it isn't the case. Get rid of managers who have a high turnover and lots of complaints.

    People in service industry is your greatest asset. You can't afford computing against all the Silicon Valley companies.

  11. Not what it used to be

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

    I have been working at Silicon Valley Bank (more than 10 years)

    Pros

    Love the people that I work with

    Cons

    Culture and management has deteriorated over the past few years. Favoritism is rampant and not necessarily base on skill.

    Advice to Management

    Do something to address the issues identified in the employee surveys.

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