Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
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Marc Cadieux

82% approve of CEO

53% positive business outlook

Silicon Valley Bank has an employee rating of 4.0 out of 5 stars, based on 1,426 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Silicon Valley Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

1K reviews
2.0
Sep 8, 2022

Watch out

Recommend
CEO approval
Business Outlook

Pros

Smart people, commercial bank is very organized and so is SVB Securities.Stick to these two sides of the four part business. Avoid Capital and Boston Private.

Cons

SVB Private Bank and Capital are a mess. Can't compete with other PBs, very little offerings on the platform and a mass affluent client base. Very retail shop.

3.0
Sep 6, 2022
Recommend
CEO approval
Business Outlook

Pros

Silicon Valley Bank has built a brand around being the most disruptive and trusted financial institution in the venture capital and entrepreneurial ecosystem. 1. The products the bank sells are relevant and the brand is actively trying to grow and develop more 2. The brand is well positioned 3. Rates are competitive 4. The recent creation of SVB Securities means the bank has full service capabilities

Cons

The SVB hug is a well known term in the industry. Often times the bank tries to get too many people involved in client facing processes. It's far worse internally. Most of the managers give others the tasks of building internal processes without thinking about either the end user or the people who have to do the work. The result is a mess of interactions where too many people are involved doing deep dives for a client meeting will not use all of the information. In other words, processes are over designed and crises are manufactured. The pay and compensation is below average The company puts in many more resources into graduates of their Associate Development Program but have a terrible onboarding process for outside hires. It is very difficult for outside hires to thrive in a strategic environment due to the breath of processes, departments, and other variables and factors.

3.0
Jan 15, 2022

Underwhelming

Recommend
CEO approval
Business Outlook

Pros

- Filled with people that love SVB (kind of weird but still more of a pro) - Still fully remote if you don't want to come in - 2 month training for ADP before any real work - large cohorts of new associates - get to interact with really cool VCs and founders - opportunities to move across the bank every couple years - good first job. Good occasional perks kind of. They'll toss us $25 doordash codes every now and then

Cons

- technology is so terrible that I probably spend 2/3 of my week updating repetitive trackers and submitting compliance crap. I don't mind bc I get paid the same either way, but there's truly so much of that nonsense to fit in it sucks - No indication of any Covid-related raises despite the retention issues. I'll probably end up going to a diff bank since they're poaching us anyways - Commercial Banking also blows. Some deals are cool but most of your clients will just have credit cards but you still have to cater to them just as much. This isn't a substitute for IB if you actually want to exit to something good in finance - Hit or miss on ADP/rotation managers (as expected anywhere) - they make it seem like they care but will never address real issues that people have. work-life balance has severely gone downhill and upper management thinks the solution is to come back to the office regularly. What?

Viewing 100 - 102 of 1,426 Reviews

Glassdoor has 1,635 Silicon Valley Bank reviews submitted anonymously by Silicon Valley Bank employees. Read employee reviews and ratings on Glassdoor to decide if Silicon Valley Bank is right for you.