Silicon Valley Bank Reviews
Updated May 29, 2023
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Top Review Highlights by Sentiment
- "SVB has a great culture and stands behind their employees with the exception of their new CIO Beth Devin." (in 139 reviews)
Ratings by Demographics
This rating reflects the overall rating of Silicon Valley Bank and is not affected by filters.
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- Current Employee, less than 1 year★★★★★Featured Review
Incredible company focused on the innovation ecosystem of startups, founders and investors.
Aug 24, 2022 - Marketing Strategy Director in New York, NYRecommendCEO ApprovalBusiness OutlookPros
Great compensation and benefits. Great culture. Growing incredibly fast, having made acquisitions over the last 2-3 years. Employee satisfaction/happiness-focused. Good work/life balance; remote and hybrid work options. Revenue diversification means company does well in any economic condition.
Cons
None to speak of, currently.
- Current Employee, less than 1 year★★★★★
Excellent Place to Work
May 29, 2023 - Program Director in Charlotte, NCRecommendCEO ApprovalBusiness OutlookPros
Culture, Pay, WLB, Caring, Sr Mgmt
Cons
I cannot think of many cons however its a failed bank now
- Current Employee, more than 1 year★★★★★
Senior Associate - GFB
May 24, 2023 - Senior Associate in San Francisco, CARecommendCEO ApprovalBusiness OutlookPros
The culture is very supportive and everyone wants you to succeed. Plenty of room for growth for those willing to put in the work and stand out. I feel as if I'm compensated fairly and, even post FCB acquisition, that there is money to be made here. I enjoy the current hybrid schedule.
Cons
The people are nice but I've had a hard time developing close relationships with coworkers whereas at other places I've worked, this came more easily. Workload can be a bit heavy at times, but nothing too crazy.
- Current Employee, more than 3 years★★★★★
You won't find an organization with more heart
Mar 16, 2023 - Senior Manager in Tempe, AZRecommendCEO ApprovalBusiness OutlookPros
Culture Opportunity to develop new skills Aligned to purpose Cross-collaboration Pay Benefits
Cons
Constructive feedback is not mature or comfortable for many at SVB. It is something we are encouraged to do more of, but it will take time. The talent is extremely impressive and high achievers, but sometimes lack the leadership skills that are needed to manage high performance teams. Again, I believe our culture will eventually curve this in the right direction.
Continue reading - Current Employee, more than 5 years★★★★★
Pros
Sadly the company is gone due to Greg Becker, the CEO.
Cons
The bank failed due to pure greed by Greg Becker. Thanks pal.
Continue reading - Current Employee, more than 1 year★★★★★
Not what I expected
Apr 7, 2023 - Senior Design Director in South San Francisco, CARecommendCEO ApprovalBusiness OutlookPros
- Strong company culture that promotes collaboration, learning and growth. - Competitive compensation and benefits packages, including generous time off policies. - Emphasis on innovation and staying ahead of industry trends.
Cons
- The company's upper management lacks diversity, which presents challenges for diverse employees seeking career growth and advancement opportunities within the organization. - The fast-paced work environment can sometimes make it difficult for employees to fully understand the impact of their decisions on other departments and the company as a whole. - The company's processes are outdated and slow, leading to overlap and inefficiency. This lack of innovation can be frustrating for employees who are passionate about advancing the company's goals. - Employees have expressed concerns about the leadership team's transparency and honesty, which has resulted in a lack of trust and a negative impact on the overall company culture.
- Current Employee, more than 1 year★★★★★
Portfolio management analyst
May 27, 2023 - Portfolio Management Analyst in Tempe, AZRecommendCEO ApprovalBusiness OutlookPros
Relatively easy once you get to know it
Cons
Lack of growth opportunities for the location
- Former Employee, more than 10 years★★★★★
Great place to work
May 24, 2023 - Sr. Operations Analyst in Santa Clara, CARecommendCEO ApprovalBusiness OutlookPros
Flexibility BENEFITS, pay , the culture and sense of belonging
Cons
Long hours at times . Long but doable and rewarding
Continue reading - Former Employee★★★★★
Great Culture
May 24, 2023 - Vice President in San Francisco, CARecommendCEO ApprovalBusiness OutlookPros
Everyone is bought into the mission and values.
Cons
Can feel like a cog in the machine. Can't deviate from your specified role to contribute.
- Former Employee, more than 10 years★★★★★
Mismanagement issues were raised as early as 2018
Mar 13, 2023 - DirectorRecommendCEO ApprovalBusiness OutlookPros
Not anymore - you screwed up lives and retirement for so many employees who stayed loyal to SVB's culture and the success of our clients.
Cons
Many employees had flagged the issues long time ago. When the "Big bank theory" started in 2017, the influx of unqualified people from larger banks was unstoppable. all you needed to do is to have "Wells Fargo" "Capital One" or other few big names on your resume and you would get C-level position at SVB without any qualifications whatsoever. FED never questioned any of that, not in Risk, not in Fraud or Cyber Security, to say the least. The knowledgeable and dedicated employees, who built the bank , were pushed aside by "big wigs" that are nothing but unwanted employees at other banks. Finally, here we are. The incompetent rookies hired more incompetent rookies based on good old boys club and few women and gay to suppress diversity complaints. Ruined the bank for nothing.
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Silicon Valley Bank Reviews FAQs
Silicon Valley Bank has an overall rating of 4.3 out of 5, based on over 1,266 reviews left anonymously by employees. 81% of employees would recommend working at Silicon Valley Bank to a friend and 50% have a positive outlook for the business. This rating has improved by 2% over the last 12 months.
81% of Silicon Valley Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Silicon Valley Bank 4.2 out of 5 for work life balance, 4.5 for culture and values and 4.1 for career opportunities.
According to reviews on Glassdoor, employees commonly mention the pros of working at Silicon Valley Bank to be career development, benefits, culture and the cons to be senior leadership, management.
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