Silicon Valley Bank Reviews | Glassdoor

Silicon Valley Bank Reviews

Updated February 6, 2017
215 reviews

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215 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. "Great place to work"

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

    Pros

    Supportive management, great benefits, positive culture

    Cons

    Systems/protocols a little sluggish/outdated


  2. Helpful (1)

    "I have somethign to say!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Santa Clara, CA
    Former Employee - Manager in Santa Clara, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great place to connect with smart people. Fun social event. Management gets paid well...really well. Bonus are amazing...

    Cons

    When you bank the most innovative companies and you are not innovative in all areas of the business that's a problem. When there is no accountability in your upper management team that's a problem. When current technology is what you find in your competition and the clients that you serve, that's a problem.

    Advice to Management

    Restructure what really matters. Find out why great people are leaving. Eventually you will be surrounded with people that have nothing to say.


  3. "Great Place To Work and Grow"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Systems Administrator II in Tempe, AZ
    Former Employee - Senior Systems Administrator II in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I really loved working for SVB. There was never a boring day and always hand my hands full and things to do. In fact, more projects than resources most of the time but that was a good thing in some ways. My direct manager was probably one of the best managers I have every had. I can think maybe just 1 other manager I had that I would say was better, however, that manager and I have become best friends now for many years so that would be hard to beat. The camaraderie is awesome at SVB. My co-workers I worked with daily are all great guys and ladies. I would come back in a heart beat if I decided to leave my new company.

    Cons

    The only cons that I can think of is the no working remote policy our department had. This wasn't necessary a company policy but a department policy. I will say that they are looking at changing this policy soon. I would still be working for SVB if they would have allowed remote working from home. I am not talking about just once in a while telecommuting, but we wanted to move out of state where SVB didn't have an office and would have had to work from home 100% of the time. The only other con which really isn't a con is how the desk are setup to be more of a open environment to collaborate. It was a great idea but I myself am a fairly loud person and other groups near us didn't care that I was loud. :)

    Advice to Management

    The management I really enjoyed, from my direct manager, up to the director or the entire department I worked under. The only advice is to change that remote work policy as soon as possible.


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  5. "SVB AI"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great culture and unparalleled exposure

    Cons

    Location is far from the city


  6. "Great place to Intern"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Intern - Hourly in San Francisco, CA
    Former Employee - Intern - Hourly in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    I had a great experience at SVB during my internship. Other employees were very willing to help out and introduce me to other parts of the organization.

    Cons

    No cons. Great place to be an intern.


  7. "Supportive environment"

    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
    Positive Outlook
    Approves of CEO

    Pros

    Flexible working hours and places

    Cons

    newer division still needs to figure out systems


  8. Helpful (4)

    "On its own island"

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

    I worked at Silicon Valley Bank full-time (More than 8 years)

    Pros

    Great exposure to smart people and ideas at VCs and the companies that back them.

    Cons

    People change jobs. Its normal and healthy. But you hardly ever hear a person leave JPMorgan, or First Republic, Morgan Stanley, KPMG, Cooley etc and vow how horrible their experience was leaving their old firm. To the point that they want them to fail, as some form of justice for their ethics, obfuscation and flat-out dishonesty. People who leave SVB...ALL of them feel this way. Almost literally everyone.

    Advice to Management

    Resign.


  9. Helpful (4)

    "Unlimited Vacation Not as Advertised"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT EMP
    Former Employee - IT EMP
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great place to work if you like to hang out and drink after hours

    Cons

    Unlimited vacation sounds great, but in practice the IT managers count your days and are upfront about not taking any more than the 22 days that nonexempt employees get. Why do they say it is unlimited? When an IT person leaves they dont have to pay for any unused accrued vacation time. Having to pay out that much accrued vacation weighs heavily on the balance sheet -- great way to cut costs. Buyer beware.

    Advice to Management

    Hire managers who have deep IT experience outside of the bank. Long time employees dont respect or value input from newer employees.


  10. Helpful (2)

    "A House Divided"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate II in Los Angeles, CA
    Former Employee - Associate II in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Silicon Valley Bank full-time

    Pros

    Nice market, venture debt product, innovation oriented customers

    Cons

    Poor strategic leadership. Board is at odds with executive team. Sub-optimal culture, capabilities and execution. Dishonest compensation program.

    Advice to Management

    There are clearly some basic functional problems at the board level and the C-suite. Start running the bank like a real "bank". Fix the back office. Set higher standards for ethical behavior and integrity.


  11. "Anonymous"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Positive Outlook

    Pros

    Very good benefits package. Wide variety of choices

    Cons

    I really didn't see any Cons related to benefits



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