Silicon Valley Bank Reviews

Updated June 24, 2015
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132 Employee Reviews

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  1. Attorney

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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. Great people, good work life balance

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

    I have been working at Silicon Valley Bank full-time

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

    Pros

    SVB is a solid place to work. Good people, great work life balance, fun atmosphere-- especially for a bank. Also, our clients are some of the coolest companies on the planet.

    Cons

    The pay is not on par with larger banks, especially in expensive markets.

    Advice to Management

    Please continue investing in our platform and consider higher salaries in our more expensive markets. Otherwise, keep building on the positive momentum.


  3. Helpful (1)

    Good, but Flaky at Times

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


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

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


  6. Helpful (2)

    SVB is the 800 pond gorilla in the venture backed technology space. My experience there was mixed.

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

    I have been working at Silicon Valley Bank full-time (More than 3 years)

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

    Pros

    You get to work with passionate entrepreneurs who are building intereimg companies.
    Access to VCs

    Cons

    It's a highly political environment
    Schmoozing ability is more highly valued than ability to execute

    Advice to Management

    Don't coddle crony


  7. Helpful (2)

    The Best Employer!

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

    I have been working at Silicon Valley Bank full-time (More than 5 years)

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

    Pros

    1. Management cares about their employees.
    2. Open line of communication from upper management.
    3. Work life balance is enforced so employees get time to relax.
    4. Fitness of employees is one of the top most priorities.

    Cons

    1. Some teams can be challenging to work with given most of the efforts are critical to the clients and bank.
    2. Increase in work load exponentially given high client expectation and time to deliver a project with same number of accountable resources.

    Advice to Management

    Continue to keep open line of communication between management and employees, and enforce work life balance along with focus on employees fitness.


  8. Helpful (3)

    Great growth company, not so good for IT career right now.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Staff in San Jose, CA
    Current Employee - IT Staff in San Jose, CA

    I have been working at Silicon Valley Bank full-time (More than 5 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good business model, great brand and strategy, well established in the technology start-up and growth sector.
    Decent compensation and benefits, feels less of bank and more of a start-up. Culture rewards risk taking.

    Cons

    Business stakeholders do not have capability to convert the company vision to strategic initiatives or stick to them. Lot of decisions are based on perceptions and not well thought out.
    IT is badly broken. It was in decent shape till mid-2013 when a new CIO was hired for transformation after the prior CIO left. The new CIO proved to be a fatal experiment and managed to dismantle the org, demotivate almost everyone, increased budget without output, and create a no accountability culture. COO is currently managing IT, and the situation is getting worse as there is genuine leadership vaccum in IT. Not a great place to be if you are looking for a growing career.

    Advice to Management

    Learn from your start-up clients: fail-fast and admit mistakes.
    Believe in what you say - people are your best assets.


  9. Helpful (4)

    Avoid IT

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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.


  10. Helpful (1)

    Not what it used to be

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    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.


  11. Helpful (1)

    Company pays well- but strength of management on different teams can be weak. People suck up to get promoted.

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

    I have been working at Silicon Valley Bank full-time (More than 3 years)

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

    Pros

    Good people, good pay, good work-life balance. Fun environment, but weak managers in a lot of areas.

    Cons

    Management of certain teams. If you suck up enough, you will succeed. Just because you are good in some areas, doesn't mean you can manage people.

    Advice to Management

    Just because people are strong in some areas, doesn't mean they will be good at managing people. People don't quit companies, they quit managers.



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