Silicon Valley Bank
3.0 of 5 101 reviews
www.svb.com Santa Clara, CA 1000 to 5000 Employees

Silicon Valley Bank Reviews in Santa Clara, CA

Updated Jul 10, 2014

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2.5 40 reviews

                             

72% Approve of the CEO

Silicon Valley Bank President & CEO Greg Becker

Greg Becker

(18 ratings)

39% of employees recommend this company to a friend
40 Employee Reviews Back to all reviews
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    Proud to be an SVBer

    Anonymous Employee (Current Employee)
    Santa Clara, CA

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Current employee at hq

    Anonymous Employee (Current Employee)
    Santa Clara, CA

    Pros1 good benefits for
    2. Competitive compensation
    3. On site gym
    4. Working with entrepreneurs
    5. Employee stock

    Cons1. Lack of diversity in management. Company unable or unwilling to change managers who do not demonstrate company's core values
    2. White boy club
    3. Manager manage out of fear
    4. Employee morale is low
    5. Current CEO is out of touch
    6. Only the pre selected people ever rise. Promotion and opportunity are dreams for most people
    7. Only revenue generators have a potential for advancement

    Advice to Senior Management1. Focus groups do not change the low employee morale
    2. Provide real opportunities to non lenders asides from just lip service
    3. Current CEO needs to stop and be sincere (if possible)
    4. SVB is not a Goldman Sachs and will never be one.
    5. Offer mentors who can help people navigate svb

    – I'm not optimistic about the outlook for this company

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    9 people found this helpful  

    Save IT from the new incompetent CIO!!

    Business Analyst (IT Project Manager) (Current Employee)
    Santa Clara, CA

    ProsGood Benefits
    Excellent business model
    Very good individual contributors in IT

    ConsI 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 Senior ManagementSave IT before it becomes ONE (person) IT

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Great place to work

    Anonymous Employee (Current Employee)
    Santa Clara, CA

    ProsRelationship oriented, really care about people. Very talented and smart teams. Always something new happening so lots to learn.

    ConsHours can be long.

    Advice to Senior ManagementFocused and deliberate strategy is appreciated.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    3 people found this helpful  

    Great Bank, Avoid IT

    Principal Software Engineer (Current Employee)
    Santa Clara, CA

    ProsGreat compensation

    Great growth story

    International expansion

    Talented IT team (except leadership) People on the ground run this company and make things happen through their sweat and blood despite challenging and incompetent IT Senior leadership

    Great at philanthropy - Make a difference to the world

    ConsToo many clueless leadership team members in IT
    Incompetent CIO - CIO has declared a war on IT
    CIO lacks experience in filtering through , understanding problems and making correct choices
    Too many bad choices = Fire the CIO
    Lack of open transparent discussion to acknowledge and start fixing real problems
    Lack of parity between IT and business resulting in over worked and always criticized and under appreciated IT team

    Advice to Senior ManagementI agree with all the past reviews . CIO needs to be fired and replaced with someone who can unify the team and bring in more positivity

    One comment - CIO is no longer new. . Average CIO tenures are 3-4 yrs . At 13 months in, clueless CIO has already finished 30% of tenure and has nothing to show for delivery.

    Accelerate CIO's departure. You have hired someone who doesn't understand and fit into the companys values and culture,
    CEO Greg Becker needs to step in to stop the rot impacting employees ,

    CEO- please end the CIO's misery by taking her out and also take IT away from COO

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    2 people found this helpful  

    Our CIO is TERRIBLE

    Senior IT Project Manager (Current Employee)
    Santa Clara, CA

    ProsGreat benefits and pay along with flex work hours

    ConsOur CIO Beth Devin has turned out to be a nightmare. I used to be filled with hope when she first joined a year + back, but she has steadily proven through her actions that she doesn't have a clue--and doesn't care to get a clue. She let go one of our best senior leaders in engineering recently and that seems to be the nail in the coffin. He was the only one seemingly with a vision as our CIO keeps flip flopping from one priority to another depending on the week. Now, nobody in the senior management team is trustworthy and they are all tainted--everyone is scared and out for themselves at the expense of the company and IT which is the real tragedy unfolding here. The CIO actually gave a speech after she made her "breath of fresh air" moves that if your not with her on her latest moves, get out of the company. Inspiring. Great values. Message: agree with me or get fired. Others in the company who are really outstanding contributors and know their stuff are getting sidelined and marginalized---a disaster in the making as they scramble for the exits. Who is going to be left to do the work? Im sure the CIO will continue to blame others for her own failures as she likes to prattle on constantly about taking more ownership and accountability yet doesn't follow her own rules. The two posts on here applauding the CIO are very poorly done plants--its well known in IT that she asked her remaining leadership team to post positive items due to prospective recruits reading what is really going on. Don't listen to them, IT is truly hell. CIO has done nothing in over a year except demotivate and disrupt the entire IT operation. Her new hires in management are weak--either know nothing about IT or are slow, scared, and ineffective. Don't know much about the last CIO, but it had to have been better than this!

    Advice to Senior ManagementClearly, fire your CIO and save IT. At the same time, hold your COO accountable as well---he is the mover behind the scenes allowing this nightmare to begin and continue. CEO needs to be more involved and accountable.

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    7 people found this helpful  

    Time to FIRE the CIO

    Manager (Current Employee)
    Santa Clara, CA

    ProsGreat growth story and good company to work for.

    ConsNew CIO Beth Devin completly ruined the IT organization. She does not have a clue on what she is doing. She just bad mouths her own team in business interactions. She has no respect in IT. Team morale is completely down and her own leadership team is just working under fear. "OneIT" = "Say yes to what ever CIO says".

    Advice to Senior ManagementFIRE the CIO and save the IT org.

    No, I would not recommend this company to a friend

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    Kudos to the new CIO on the 2 brave steps!!

    Anonymous Employee (Current Employee)
    Santa Clara, CA

    ProsKudos to the new CIO for the 2 great steps in getting rid of incompetent heads!! I agree it's a breath of fresh air. The eliminated senior management was hoarding and promoting incompetents. Rusty and unskilled Old timers had made IT the Wild Wild West, trying to slave or eliminate new timers. Any new ideas were shot down under pretext 'this is how we do things' and 'people need to learn how we run business before they tell us how to do things'. High performing people were so helpless, they ended up leaving disappointed and frustrated. Things are looking promising again!! This is a good time to join SVB, including IT.

    ConsBecause of lot of free loaders, the pay package in IT is not commensurate with the bay area salaries. Hiring managers are under wrong impression that the packages are good and that's why people stay for long. The reason people have stayed so long is they are rusty, won't get job elsewhere and all they have to do is BS around, which doesn't need any technical skillset.

    Advice to Senior ManagementKeep up the great job!! We are heading in the right direction!!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Breath of fresh air in IT

    Anonymous (Current Employee)
    Santa Clara, CA

    ProsThis 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.

    ConsSome 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 Senior ManagementSupport the change in IT. It's a breath of fresh air.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    4 people found this helpful  

    IT Is An Awful Place to Work

    Systems Administrator (Current Employee)
    Santa Clara, CA

    Pros-Great individual contributors
    -Inspiring business model
    -fast paced

    ConsNew CIO is in over her head. Totally disconnected from IT, promotes and hands large sections of her IT group that was highly motivated, cost effective, and functioning well to the worst IT leadership members in the group but great talkers which seems to now be the only way to now get recognized. Meanwhile, a few good IT leadership members (engineering and client services) that have fallen out of favor (not surprised) and im sure wont be around for long while the IT leaders who kiss up and talk about what they are going to do get love. Meanwhile, folks that have been in IT before the CIO came on board are constantly reminded how bad we are at what we do. That comes from the new CIO. Don't worry, ill be leaving soon.

    Advice to Senior ManagementAdvice to the COO and steering committee: Get your CIO some coaching or fire her. She treats people like dirt and casts the wrong shadow, seems to pump herself up at others expense. Real inspiring. Advice for the CIO: Stop promoting and giving more functions (at the expense of your competent leaders) to your incompetent leadership members before the whole department collapses. Try spending time in IT and finding out the entire story rather than jumping to conclusions off snap judgments. Your the problem, recognize it and seek help.

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Silicon Valley Bank reviews and ratings in Santa Clara, CA — including employee satisfaction and approval rating for Silicon Valley Bank CEO Greg Becker. All 40 reviews posted anonymously by Silicon Valley Bank employees.