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
Mar 31, 2014

Growing bank

Recommend
CEO approval
Business Outlook

Pros

SVB gives the opportunity to work in a high growth Bank. The comp and Ben is very good and the people are very friendly with strong integrity.

Cons

As with growing companies the infrastructure is still catching up and resources are limited. There are not too many internal opportunities to grow as the Mid-Senior Management does not change.

1.0
Mar 20, 2014
Recommend
CEO approval
Business Outlook

Pros

Above average benefits & compensation Unique niche Location Most of the people outside of internal audit are cooperative

Cons

Internal audit department is one of the worst departments to work for in SVB. The team comprises of Caucasian male managers and Asian female staff. Teams are managed by fear and intimidation. There is no guidance, mentoring or coaching from any of the managers. Head of internal audit has an objective to force at least two employees to quit each year. In the 7 years that he has been on the job 14 people have quit the group. The size of the internal audit team is 10. Outside of internal audit, if you are on the lending side you can have a defined career path depending on your networking skills. Having a parent that is connected to the startup ecosystem is a prerequisite for success. SVB executive management is stacked with Greg Becker's followers. As expected, this leads to a single point of view which is good if it's the right view.

1.0
Mar 16, 2014

Stay away!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They're great if you love the typical Silcon Valley perks (coffee service, free food, covered parking, gym, game room, etc.) to mask the fact that they're a sweat shop.

Cons

They've taken the "Client First" mantra to the extreme where there is no work-life balance. A standard weekday report suddenly becomes an emergency on the weekend if it involves a client. Almost all project workloads are generated by audit due to compliance issues. There is no career path for people in IT. Management personnel decisions are made without employee input. Staffing levels are insufficient. One IT leader is known for inappropriate emails. People are burnt-out and management downplays or ignores complaints. IT management is better at fire-fighting than strategic planning.

Viewing 1363 - 1365 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.