Silicon Valley Bank reviews

4.0

75% would recommend to a friend

(1,426 total reviews)
avatar

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
1.0
Apr 24, 2012
Recommend
CEO approval
Business Outlook

Pros

Good insurance plan and benefits. The name looks good on your business card or resume in the technology and start-up world.

Cons

Get paid commercial banking dollars while being pushed to work investment banking hours. It also seems as if 'urgency' has been turned into 'crisis' all the time.

5.0
Apr 10, 2012

svb

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-great culture - lateral moves supported -great benefits - good work life balance

Cons

-extremely political and clique-ish -Information sharing is not as good as it should be. groups tend to work in silos - HR is not helpful or useful -lack of focus on talent development

1.0
Mar 16, 2012
Recommend
CEO approval
Business Outlook

Pros

The staff are wonderful, try hard, care, and are like family. Everyone works 80+ hours to get the job done.

Cons

This is for IT Project Management. They have a "framework" that is "flexible". But when you try to deviate from the framework, they say you can't do it. The framework has "stage gates" that impede on project delivery. If one document isn't completed, you fail your stage gate and progress cannot continue. They require live signatures, then you physically scan the document, and save it on a shared drive. Ever heard of esignatures and SharePoint?!? I felt like I was working for a company back in 1980, not "Silicon" Valley Bank. Then they generate a "red" list for every project that is late, even though the process was the one that made it late. And the list is frequently incorrect with the wrong PM assignment on it. If you miss one milestone, management will come down hard on you with a series of meetings all the while, you told management three months ago of the issue and they did nothing about it. FINGER POINTING CULTURE. Some people work from home or work alternative schedules but when you ask to work from home because someone died or you have the flu, the answer is no. Inconsistent policies. Worse, after all this, they frequently have announcements like "good news, I took away one required doc you have to fill out" "but I added four new ones you have to do". What kind of good news is that? Then they "grandfather" required documents "starting today and for all project three years ago". So resources scramble to meet the audit instead of focusing on delivering the project. Again, management comes down on you for working overtime or not meeting your dates when they are the obstacle to begin with. It's a no win situation. I've not learned anything during my time there that is marketable. It was a waste of my career progression.

Viewing 1393 - 1395 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.