Silicon Valley Bank Reviews | Glassdoor

Silicon Valley Bank Reviews

Updated January 19, 2017
51 reviews

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3.0
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Silicon Valley Bank President & CEO Greg Becker
Greg Becker
20 Ratings

51 Employee Reviews

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Pros
Cons
  • the work-life balance has been challenging (in 9 reviews)

  • middle management gets more people (in 10 reviews)

More Pros and Cons

  1. Helpful (1)

    "SVB Financial Group Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant III in San Jose, CA
    Former Employee - Administrative Assistant III in San Jose, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    If you work for their corporate office they have great perks like an onsite cafe, full gym and a message therapist that comes once a week.

    Cons

    Middle management could use a major overhaul. The company goes through reorgs way too often which creates a lot of uneasiness within the organization.

    Advice to Management

    As an former employee of almost 20 years my advice to management would be to bring the culture back to what it used to be 10-15 years ago. Make SVB a place you call family not just an office job you go to every day. Bring back work-life balance to the organization.


  2. "Bussiness system analyst intern"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good company to work with

    Cons

    Less compensation as compared to Bay area expectation.


  3. Helpful (3)

    "Buyer Beware"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant III in Santa Clara, CA
    Current Employee - Administrative Assistant III in Santa Clara, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Silicon Valley Bank (More than a year)

    Pros

    The benefits
    The people
    The ability to work from home or from an office closer to home then your base office
    Annual offsite for the administrative support staff

    Cons

    At first you think "everyone is so nice" and then you realize it's not true. There are a lot of very nice people who work at SVB. However, there is a lot of backstabbing that takes place. Especially by those who have been at the bank for a long time who look at new hires as outsiders who don't belong. Higher level executives do not trust the administrative staff and withhold information from them. This makes it difficult to do our job.

    Advice to Management

    Trust your Executive and Administrative Assistants. We do know how to protect confidential information and not reveal it internally or externally.


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  5. Helpful (6)

    "Compliance"

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

    Pros

    Strong competitive position (big market share of startups and VC firms) allows firm to grow without pushing any boundaries. Interesting work without long hours or much pressure.

    Cons

    Management is self-satisfied but second rate. The layer below the CEO is particularly weak. Senior management has a "what's in it for me" attitude and avoids accountability. The CEO and senior management have their favorites, and they're often weak performers. HR is a mess.

    Advice to Management

    Strengthen the management team; make some changes of personnel and install some accountability for senior managers.


  6. Helpful (9)

    "Shady Managers"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    People in other departments are so nice and ready to collaborate with you.

    Cons

    During review time, management always takes a cut out of what you get. They put your name on a chart and move it back and forth while they decide whether a piece of your is theirs.. Its inappropriate as it is a vile practice, like how secret santa can be at a holiday party.


  7. "Review"

    Star Star Star Star Star
    • 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 (More than 3 years)

    Pros

    Very unique company, very fast paced, great growth and global focus.

    Cons

    Infrastructure not keeping up with growth.


  8. Helpful (2)

    "Silicon Valley Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Santa Clara, CA
    Current Employee - Manager in Santa Clara, CA
    Approves of CEO

    Pros

    Decent work environment, some interesting work and cool industry contacts. Pay is decent.

    Cons

    Tend to hire rather than promote from within. Job descriptions, promotion path -- all HR processes are pretty messy. People who produce profit are allowed to do just about anything they want regardless of how toxic they might be.

    Advice to Management

    Concentrate on internal development of your teams, mature the HR process. Spend money more wisely in IT, processes really need to be updated.


  9. "could be better, could be worse"

    Star Star Star Star Star
    • 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 (More than 3 years)

    Pros

    very little micro-managing, lots of freedom, really smart and helpful employees, work with great clients/companies

    Cons

    can feel disorganized and like there is a lack of direction at times, not enough stability/structure, only focus on certain facets of the business

    Advice to Management

    though things are constantly changing in the (business) world, organization and structure are key and should really be more of a focus.


  10. Helpful (5)

    "Needed change in IT leadership"

    Star Star Star Star Star
    Former Contractor - Anonymous Contractor in Santa Clara, CA
    Former Contractor - Anonymous Contractor in Santa Clara, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Silicon Valley Bank as a contractor (Less than a year)

    Pros

    great entrepreneurial culture, engaged senior management team, mostly positive working environment, well respected in the community, innovative approach to banking

    Cons

    lacked experienced IT leadership, weak CIO, minimal accountability for execution and results, general under-investment in business-supporting technologies, lack of teamwork between departments within IT


  11. Helpful (8)

    "Applicants beware"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant III in Menlo Park, CA
    Former Employee - Administrative Assistant III in Menlo Park, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    SVB Capital has a great benefits package for full-time employees. Compensation is competitive with other VC firms. Managing Partners are great at what they do.

    Cons

    Managing Partners at SVB Capital have no people management or leadership skills. The business unit culture is not congruent with the culture of the company as a whole. They do not value their support staff which results in high turnover and low team morale. Demands and expectations are often conflicting and unclear. The business unit has been around for 15 years and still operates like a startup. There is no standard operating procedures for day-to-day tasks.

    If you have any opinions, keep them to yourself because the MPs will later use them against you.

    If you are a woman, expect to hear sexist remarks.

    The running joke within the building is SVB Capital is where happiness goes to die.

    Advice to Management

    MPs that have direct reports should take management and leadership classes. Take the time to engage your employees. Capital needs to have one genuine voice to operate efficiently instead of opposing opinions between the Partners.



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