Shambles - Anonymous employee Silicon Valley Bank Employee Review

1.0
Jan 12, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Office is in a central location and fitted out well. Coffee in the canteen is cheap too. Quite easy to sit along on the ride to nowhere if that’s your thing.

Cons

Preferential treatment of any colleague who worked at the previous office ‘Lothbury’, This elite tribe will wander the office around quoting their employee # status to avoid doing any actual work. The whole place is a massive clique (as other reviews have pointed out). You’ll either be in it or you won’t and that will be made clear to you early on. The job you sign up for won’t be the one you end up doing. There are manual processes (and errors) everywhere but nobody checks what anyone else is doing so feel free to make things up as you go along. Lack of experience and leadership within the management team is evident and becoming a growing problem as nothing ever gets done. Big shout out to the ‘change’ team here. Be prepared for other colleagues to tell you how much they hate working here in your first week.

Explore other reviews about Silicon Valley Bank

5.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Pre-failure, this was hands down the best place I ever worked at. The firm and the role were exciting to the point where I truly enjoyed my day. Best work culture I was ever part of.

Cons

No longer applicable post failure/post acquisition.

1.0
Mar 31, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pre-2023, excellent culture and team environment, strong compensation and bonuses, and generous budgets that supported employees well.

Cons

Since the 2023 bankruptcy, the company has struggled to regain its identity. There has been significant turnover in senior leadership, and much of the experienced management team has departed. This has led to inconsistent direction, frequent misalignment between leadership messaging and execution, and a noticeable decline in employee confidence. Compensation, bonuses, and career progression opportunities have become less competitive, and overall employee support has diminished. The organization now feels more like a rebranded extension of First Citizens rather than the distinct institution it once was. There is also an over-layering of management, with too many overlapping roles and unclear accountability, which slows decision-making and creates unnecessary complexity. Finally, the company has lost much of its competitive edge post-2023, with ongoing client attrition and reputational challenges that employees are left to address without clear strategic direction.

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