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
3.0
Sep 1, 2015
Recommend
CEO approval
Business Outlook

Pros

SVB Capital has a great benefits package for full-time employees. Compensation is competitive with other VC firms. Managing Partners are great at what they do.

Cons

Managing Partners at SVB Capital have no people management or leadership skills. The business unit culture is not congruent with the culture of the company as a whole. They do not value their support staff which results in high turnover and low team morale. Demands and expectations are often conflicting and unclear. The business unit has been around for 15 years and still operates like a startup. There is no standard operating procedures for day-to-day tasks. If you have any opinions, keep them to yourself because the MPs will later use them against you. If you are a woman, expect to hear sexist remarks. The running joke within the building is SVB Capital is where happiness goes to die.

5.0
Aug 25, 2015
Recommend
CEO approval
Business Outlook

Pros

Senior management who drives success while still caring deeply about employees and the community. Generally good collaboration across geographies and functional areas Fun corporate culture where no one takes themself too seriously and core values are emphasized

Cons

IT challenges - systems problems, turnover, and slow adoption Inconsistent standards/training for managers

3.0
Aug 20, 2015
Recommend
CEO approval
Business Outlook

Pros

Good work life balance, excellent perks, stock doing very well, lot of philanthropy work, good global presence. Excellent client treatment. Very supportive of clients by buying their inferior products, even though there are way better products in the market.

Cons

For being the bank which helps innovators, enterprises and investors move forward fast, the bank struggles to walk the talk in certain areas, with IT the worst one. The COO took charge of IT, and promised to make things better, but things have gone downhill with utter chaos and confusion. SVB needs to realize THE ROOT CAUSE and fix it asap. There is a agile initiative happening in Tiburon, with idea of increased productivity, and FTEs involved are required to travel 2-2.5 hrs one way, with commute involving train system + walk system & ferry system. Talk about increased productivity with 5 hours of precious employee time lost in commute. There had been lot of incompetent hiring in IT senior management, and competent people are suffering, some of whom left and more are on the tipping point. They want to hire talent but talent is not allowed to bring new ideas, and told to learn the svb way first, prove themselves and then bring ideas. By the time talented people prove themselves, the talented people have reached level of incompetency and outdated skills as others. Performance reviews are joke, as rating is already decided by management weeks in advance, and then directs are asked to enter self-reviews. Reviews are based on what others think of you, and not what you have delivered, so everyone joins the race of keeping others happy and stop delivering.

Viewing 1294 - 1296 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.