Silicon Valley Bank Reviews | Glassdoor

Silicon Valley Bank Reviews

Updated October 17, 2017
264 reviews

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3.3
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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
152 Ratings

264 Employee Reviews

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Pros
Cons
  • There is a trade off to work life balance and we have been promised clearer guidance on this point so we await with interest (in 15 reviews)

  • middle management gets more people (in 13 reviews)

More Pros and Cons

  1. "Great company, fast changing with lots of opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Santa Clara, CA
    Current Employee - Anonymous Employee in Santa Clara, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fast pace, high growth, successful company
    Ethical, engaged management
    Great people
    Inclusive

    Cons

    Can be challenging to balance work/life
    Despite an outstanding executive team and many great managers, there are groups that appear to be more political and dysfunctional.

    Advice to Management

    Keep working hard to weed out poor managers and groups that reward the wrong behaviors. The company is doing so many things right but there is still a lot of political posturing on the part of mid-level managers.


  2. "Relationship Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Silicon Valley Bank full-time

    Pros

    great people, great benefits , fun events

    Cons

    too many systems, training of new employees

    Advice to Management

    continue to work on infrastructure

  3. Helpful (2)

    "SVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Culture. Strength of market/sector niche

    Cons

    SVB is a great place to work and learn. However, the ability to maintain a durable competitive advantage across geographic markets is becoming a struggle. Competitors have taken advantage of delivering where SVB once did. The opportunity is to protect the prevailing brand with good behavior to existing and lost clients


  4. Helpful (11)

    "Great culture but it is changing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Services in San Francisco, CA
    Current Employee - Global Services in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great client base
    Great reputation
    Most coworkers are highly motivated
    Great benefits program and a lot of people trying to do the right thing for our clients and for employees

    Cons

    Culture changing for the worse
    New executive leadership is trying to turning the company towards a big bank/Visa culture which doesn't match our client base
    Shoot first, ask later mentality


  5. Helpful (1)

    "Great Culture and Responsible Company, But Needs Better Communication"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Boston, MA
    Current Employee - Director in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    1. Competitive Salary
    2. Culture is positive
    3. They invest in human capital
    4. Good upward movement

    Cons

    1. Communication
    2. Corporate strategy is in flux. Need to clearly define what SVB's vision for servicing the innovation economy ecosystem. Once defined, need to give the vision time to work.


  6. Helpful (1)

    "Don't be upset if you don't get hired"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in San Francisco, CA
    Current Employee - Associate in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Snacks, office, catered breakfast/lunch sometimes, friendly employees

    Cons

    - Not a competitive salary so employee loss and under-engagement don't surprise me
    - There seems to be intentional understaffing as if company is preparing for a sale.
    - Lots of propaganda and koolaid being served.
    - The executive/upper management teams try to make employees feel responsible for making up for their lack of planning through the "going pro" initiative. Things (procedures, systems, team coordination) don't work well and it makes it very hard to do my job.

    Advice to Management

    Putting pressure on the revenue generating teams in the bank through under-staffing, budget control, and under paying does not seem like the best way to reduce expenses and scale effectively. That's just a cover up that annoys employees.


  7. Helpful (3)

    "Sr Internal Audit Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst ( Senior Internal Audit Manager) in Santa Clara, CA
    Former Employee - Financial Analyst ( Senior Internal Audit Manager) in Santa Clara, CA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great benefits. Great platform to attract new talent and new innovative technology companies. Work with smart people who consistently challenge you.

    Cons

    Very political. Reviews are based on personality and less on your work. The c suite is out of touch. Upward feedback is filed away and rarely are management held accountable for their actions.

  8. Helpful (5)

    "A very good working environment being turned into a Visa/big bank environment."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good benefits
    Decent work life balance
    Decent pay
    Decent time off with unlimited PTO but actually limited by manager.
    Good company socials.

    Cons

    So many recently. The QA organization has become so top heavy and people being hired due to favoritism and nepotism. All Visa people bringing their terrible work culture and ethics. Trying to get rid of all people who are not part of the old boys club. So much mid management hired when there was no need. All work is done offshore !! Reorgs for no reason except so the COO can massage his ego. His mission is to turn SVB into Visa.

    Advice to Management

    Forget about Visa not a very good example to follow work culture wise or as a company. Focus on what made SVB unique and successful company by focusing on its niche. SVB is not a major consumer bank and not a major credit card company. It’s a bank focused on starts-ups and niches like Wineries. Get rid of the COO and his vision. Bring someone from the tech startup world so that the bank is aligned with its clients. Get rid of all QA management they have no idea what they are doing and bring nothing to the table as all the real work is done offside by the vendor.


  9. Helpful (1)

    "Just don't"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    -Stepping stone to a better career.

    Cons

    -Lack of advancement
    -Hectic aka meaning do all the work with no recognition or advancement
    -Low morale across all teams
    -Management lies such as you will be promoted yet when the time comes, a lackluster excuse is made
    -Becoming a "big bank" mentality
    -New hires come in at a higher position then you, some are warranted, many are not
    -Extreme lack of diversity, female leadership, and minority female leadership is few and far between
    -Management to "busy" to mentor, share knowledge, or even help with issues
    -Spoiled workers who expect everything. ex: "no milk for my free cereal!" "we only get lower level tickets not in the dugout!"
    -Tenured workers are leaving in droves and taking that knowledge with them leaving departments disabled
    -Temp/contractor workers for 1-4 years? don't consider that temporary

    Advice to Management

    Nothing.


  10. Helpful (14)

    "Culture changed for the worse"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Santa Clara, CA
    Former Employee - Vice President in Santa Clara, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Silicon Valley Bank full-time (More than 3 years)

    Pros

    - Over the last 4 years the org has developed a great culture
    - Benefits package is aligned to market
    - Some talented staff and a company with ambition

    Cons

    - The awesome culture developed by the Board over the last three / four years has now completely evaporated across Global Services which is driven by leadership resulting in a hugely unhappy workforce across all levels.
    - Hugely aggressive, policical and huge bully (increasing) culture common practice and encouraged across Global Services which sucks and is now almost accepted as normal / acceptable business practice.
    - Core systems are poor.
    - Career suicide to join SVB GS at present unless you have a background at Visa and a 'yes' man

    Advice to Management

    Urgently address the uncollaborative and huge bully culture as its only a matter of time before a lawsuit hits HRs desk. Develop existing talent and stop the infighting


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