Silicon Valley Bank Reviews in Santa Clara, CA | Glassdoor

Silicon Valley Bank Santa Clara Reviews

Updated January 8, 2018
80 reviews

Filter

Filter

Santa Clara, CA

2.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Silicon Valley Bank President & CEO Greg Becker
Greg Becker
47 Ratings

80 Employee Reviews

Sort: PopularRatingDate

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 14 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great changes starting to happen"

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

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

    Pros

    Great things are happening in technology at SVB. New head of technology hired last summer and she is making much needed changes. We are insourcing critical positions to better support our clients and reducing our dependency on contract staff. These changes require new thinking which is making SVB an innovative workplace.

    Cons

    Change is hard for some and the negative talk gets a bit much. Best advice is to ignore and move forward to support the new IT org.

    Advice to Management

    Keep allowing these changes in Technology. Stay focused on all
    Of the good things and don’t let culture police stall these efforts.


  2. Helpful (2)

    "SVB Grows"

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

    I have been working at Silicon Valley Bank full-time (More than 8 years)

    Pros

    The people are what makes this company great and SVB has long been a family of employees that care for each other and work together. SVB is a fair employer, with many employee benefits that outshine the rest.

    Cons

    In order to grow, change is required and sometimes overrides the core value of people first. In fairness this is the case in most companies that transition from small to large. Good Talent is also lost or overlooked in the race towards success.

    Advice to Management

    Act on what you say, hang onto the people that truly love the company, bring value, and succeed. They will be the success driver of your future.

  3. Helpful (6)

    "Once a shining star. Now a black hole!"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Silicon Valley Bank full-time (More than 8 years)

    Pros

    Stock price is high now, but if investors only knew the truth it won’t be for long. Highly overvalued for the time being.

    Cons

    Been at Silicon Valley Bank for over a decade. I’ve seen this company reach the crest of the wave as described by its former CEO. However, under its current leadership that wave is destined to crash, and crash hard it will! A recent employee engagement survey has unturned horrific results of discontent amongst the staff across many departments. There is talk about addressing these issues but nothing has been done yet. Employees have lost hope and are either leaving on their own or being forced to leave if they dare express their voices. It’s a terrible shame! I was once proud to be an SVBer, but that time has passed.

    It is clear that leadership is focused on the shareholders, but enough is never enough. Even with a meteoric rise in stock price, the staff is treated as an expendable commodity. Long gone are the days of the family culture which is still promoted in a desperate attempt to retain talent. I’ve lost count of times I’ve heard coworkers say they are hanging on just long enough for the upcoming bonus before they have had enough.

    The worst part of all is the toxic culture of leadership which has poisoned everything. The expectation for privileged treatment has trickled down across all departments. Rather than do what is right, staff is pandering to the top percent, just to make them happy, regardless of that might be best for the company.

    Advice to Management

    Sorry to say, but you are the problem! Either practice what you preach or step aside so others can save what is left of true SVB values and culture.


  4. Helpful (15)

    "Cultural Toxicity is Increasing Fast"

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

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

    Pros

    Its a small bank and has cash to lend. Paychecks show up on time.

    Cons

    Misconduct and discrimination are rampant. Culture is toxic. Middle management is dishonest and unable to determine that it even has a problem. Would strongly recommend that females avoid this place at all costs.

    Advice to Management

    Try not to run the bank like an drunken college frat party. Women are not objects, they are human beings with civil rights. High quality professionals do not enjoy spending time with out-of-control, intoxicated bankers.

    Silicon Valley Bank Response

    Nov 21, 2017 – CHRO

    The experience at SVB that you describe in your post certainly does not reflect the culture we aspire to, and it concerns us deeply. Maintaining a culture of trust and respect is a priority at SVB... More


  5. Helpful (5)

    "Manager"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    company growing.
    Culture was way better few years ago.

    Cons

    1. employees benefit are not the priority
    2. resources overstretched for too long
    3. do not put in right budget to hire right people
    4. no privacy in work place


  6. Helpful (2)

    "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.


  7. Helpful (17)

    "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

  8. Helpful (5)

    "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.


  9. Helpful (14)

    "Destroyed IT Group"

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

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

    Pros

    Very good pay and benefits
    Great market niche
    Global scope

    Cons

    The IT group was a professionally run unit up until 2013. Once the CEO's changed hands, the banking operations group was given the IT group with disastrous consequences that are still very evident to this day. The group lost/fired very competent senior leadership during the turn over and the IT group has essentially turned into order takers rather than being thought leaders. Culture has taken a devastating hit for the worst and is unlikely to recover. A real shame.

    Advice to Management

    Consider reaching out and bringing back key folks that were marginalized or fired to restore the culture. CEO needs to take accountability for the debacle he oversaw passively.


  10. "It was really good learning experience as a BI consultant."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Business Intelligence Consultant in Santa Clara, CA
    Current Contractor - Business Intelligence Consultant in Santa Clara, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Flixibity to work in different projects and have lots of new things to learn. Work life balance is really good.

    Cons

    No proper processes to implement.
    Wages and compensation is not competitive.
    IT infrastructure is not that good if you compare with finance department.


Showing 80 of 324 reviews
Reset Filters