Silicon Valley Bank - Good place to work, if you don't mind being surrounded by unqualified "good guys" | Glassdoor
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There are newer employer reviews for Silicon Valley Bank

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Helpful (1)

"Good place to work, if you don't mind being surrounded by unqualified "good guys""

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Silicon Valley Bank full-time

Pros

Work life balance is encouraged

Cons

Don't necessarily need to be qualified for positions, as long as you are liked by the right people.

Other Employee Reviews for Silicon Valley Bank

  1. Helpful (5)

    "Stay away from the internal audit department!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Internal Audit Associate in Santa Clara, CA
    Former Employee - Senior Internal Audit Associate in Santa Clara, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Silicon Valley Bank full-time (More than a year)

    Pros

    Above average benefits & compensation
    Unique niche
    Location
    Most of the people outside of internal audit are cooperative

    Cons

    Internal audit department is one of the worst departments to work for in SVB. The team comprises of Caucasian male managers and Asian female staff. Teams are managed by fear and intimidation. There is no guidance, mentoring or coaching from any of the managers. Head of internal audit has an objective to force at least two employees to quit each year. In the 7 years that he has been on the job 14 people have quit the group. The size of the internal audit team is 10.

    Outside of internal audit, if you are on the lending side you can have a defined career path depending on your networking skills. Having a parent that is connected to the startup ecosystem is a prerequisite for success.

    SVB executive management is stacked with Greg Becker's followers. As expected, this leads to a single point of view which is good if it's the right view.

    Advice to Management

    Leadership cannot be delegated
    Stop treating corporate functions like internal audit as necessary evil that are needed for regulators and audit committee


  2. Helpful (5)

    "Frat house"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great benefits, company is well known with the early stage tech companies as well with the top venture firms.

    Cons

    Unless you are a lender your career trajectory is very limited. Too many middle managers , old boy network prevails.. Rotation program only available for lenders and the "chosen". Many of the successful people fit same profile

    Advice to Management

    Don't be so insincere

There are newer employer reviews for Silicon Valley Bank
There are newer employer reviews for Silicon Valley Bank

See Most Recent

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