Square 1 Bank Reviews | Glassdoor

Square 1 Bank Reviews

Updated October 9, 2017
42 reviews

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4.3
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Square 1 Bank President Frank Tower
Frank Tower
4 Ratings

42 Employee Reviews

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  1. "Square 1 Venture Banking Interview"

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

    Pros

    The culture of the firm is absolutely phenomenal. Everyone in the office from analyst to senior bankers were super friendly and willing to help you learn and give you extra projects if you're ambitious.

    Cons

    If the printer stops working, prepare for a multi-day long screen-casting session with the IT department.

    Advice to Management

    Great bank and great people, management really cares and it shows.


  2. "Ehhhh"

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

    I have been working at Square 1 Bank full-time

    Pros

    There is a great work life balance.

    Cons

    Management is not the best. Analysts are underpaid. Communication from top-down does not exist.

  3. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Durham, NC
    Current Employee - Vice President in Durham, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square 1 Bank full-time (Less than a year)

    Pros

    Specific to Square 1, a division of PacWest: culture mirrors that of our clients (start ups and growth stage companies), great pay and benefits, great people.

    Cons

    Getting used to life as "a division of" a larger organization comes with its growing pains and new red tape, however the culture and people haven't changed so coming in to work every morning is still fun.

    Advice to Management

    Create a clear directive for what it takes to advance. More discussion around employees long term plans/goals and more from management on what they think we (non-management) are capable of and what plans they have for us.


  4. Helpful (2)

    "Loan Operations Loan Closing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Durham, NC
    Current Employee - Anonymous Employee in Durham, NC
    Doesn't Recommend
    Approves of CEO

    I have been working at Square 1 Bank full-time (More than a year)

    Pros

    Flexibility within job, company is very laid back and pretty good benefits.

    Cons

    Poor Management - Supervisor lacked self confidence and their insecurities made it difficult to manage the team. Supervisor did not have the patience to train employees and know internal processes inside and out. Supervisor did not consistently tell each team member the same information on processes and on many occasions did not give effective direction when questions came up. Supervisor also had several mood swings and you never knew when you approached them whether they were going to snap at you or not. Overall if the supervisor had a different attitude and handled situations better without constant mood swings, the team morale would be much better.

    Advice to Management

    Work on communication skills, training processes for employees and ensure leaders have the ability to manage their team and separate business and personal in their daily tasks and interactions with other team members.


  5. "Great environment"

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

    I have been working at Square 1 Bank full-time

    Pros

    Fantastic culture. Very team-oriented and laid-back. Everyone is always willing to lend a hand when needed. Have learned a ton since being here.

    Cons

    Nothing really negative to say


  6. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Square 1 Bank full-time

    Pros

    Great culture, nice people, no pressure but work hard, very flexible

    Cons

    Lack of formal training / streamlined proceses

    Advice to Management

    Goal setting at the middle/analyst level. Look to streamline training


  7. "Great company!"

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

    Pros

    Great company culture, fun place to work, dynamic and exciting industry.

    Cons

    The bank lacks formal training for analyst level.

  8. Helpful (1)

    "Portfolio Analyst"

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

    Pros

    Incredible exposure to the Venture Capital industry, and venture lending in general. You will learn a ton from the bright group of bankers, risk managers, and analysts that you work with on deals. Not a better place to work to get exposure to a unique form of lending. Team based environment that cannot be beaten!

    Cons

    Not many to think of at all - lots of work is tasked to the analyst as per most jobs at the analyst level at any bank. Grunt work will be there as for most places, but still an incredible place to learn about a very niche industry. Compensation could be a bit higher, but that will grow as you grow with the Bank.

    Advice to Management

    Keep up the great work. Even post-merger this is one of the best places to work in the venture lending industry.


  9. "Portfolio Analyst"

    StarStarStarStarStar
    Current Employee - Portfolio Analyst in Durham, NC
    Current Employee - Portfolio Analyst in Durham, NC

    I have been working at Square 1 Bank full-time (Less than a year)

    Pros

    A great opportunity to learn about venture lending, venture capital, and the financial services industry in general. Only one organization in the world looks at more VC-related deals.

    Cons

    Management seems to be under the impression that ping pong tables and free sodas are items of major importance to the eager Millennials they seek to hire.

    Advice to Management

    Keep up the good work. Nothwithstanding the above comment about ping pong tables, you guys are doing a fine job. Rock on.


  10. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern
    Former Employee - Intern
    Recommends

    Pros

    Great environment and company culture. Great hands on exposure

    Cons

    Work may become repetitive if no initiative is taken


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