Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
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Marc Cadieux

81% 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
3.0
Dec 1, 2017

Emperor has no cloth!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

continued growth, great products, competent sales team, and always have opportunity to work on new things and solve challenges.

Cons

The compliance department is a joke, keeping hiring incompetent Chief Compliance Officers and all they do is to talking about change, buying time until themselves got fired. The newly appointment Chief Compliance Officer is the worst, if you ever wonder how Wells Fargo got into phony account opening scandal last year and shed management responsibility by firing floor level employees when things got exploded, well, he is the walking post of that rotten culture. it is well known by everyone at the Bank how he screwed up the BSA/AML division and openly talked about his ability of putting out "smoking mirrors" to upper management and examiners, now he is promoted to even run the compliance department. SVB is running a huge risk to become the 2016 Wells Fargo. It is about time to say emperor have no cloth and we can expect our compliance department will be populated from drones from Wells Fargo soon.

1.0
Nov 27, 2017

Do not work in IT

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Bonuses are great, if you are in the niche crowd.

Cons

I was putting in 60-80 hr weeks. The stress was literally taking a toll on my health. IT management is not your friend and will literally make stuff up to get rid of you if they don't like you nor will they get another side of the story as proper management should. They just have their favorites and kick out the door who they don't like, no matter how hard they work. Going to HR only exacerbates this situation. I warn you, do not work in IT or you will regret it. I have multiple friends looking to leave or have already left.

5.0
Nov 20, 2017
Recommend
CEO approval
Business Outlook

Pros

SVB is going through a transformation which I feel is strongly needed to adapt to the changing landscape in this niche space. Lot of changes across IT organization that could uplift the image of this group who were branded non performers by many business groups. IT usually take a lot of time to make any changes and the group was managed very inefficiently by various middle managers. The recent changes in the IT organization is bringing the rigor and discipline that is needed to run this organization. I see lot of good things happening for the future of the company

Cons

Employee to contractor ratio is very low. More SME and Engineering knowledge should be with the employees and not with the contractors. Too many vendor products and vendor resources makes software engineering not so attarctive for future hires

Viewing 1168 - 1170 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.