Hard to progress in UK - Anonymous employee Silicon Valley Bank Employee Review

4.0
3 Mar 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company and great benefits. Awesome culture and they really care about staff

Cons

No chance of progression unless you are in relationship banking or GFB to senior positions. There are now about 40 MDs in Relationship Banking with many staff promotions in job with no more responsibility. Very few MDs in RB would be at similar levels in other organisations and hugely over promoted. MDs in functions are few and far between with experienced individuals filling these roles and unlikely to move.

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Silicon Valley Bank Response
4y
Thank you for sharing your feedback. Investing in professional development and providing equal opportunities to all of our employees no matter where their role sits in the organisation are key to our culture of inclusivity and the success of our business. We’ll be sharing this feedback with the right teams internally.

Explore other reviews about Silicon Valley Bank

5.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

- Great Pay - Great People

Cons

- Post FCB Migration - Things have slowed down

1.0
31 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pre-2023, excellent culture and team environment, strong compensation and bonuses, and generous budgets that supported employees well.

Cons

Since the 2023 bankruptcy, the company has struggled to regain its identity. There has been significant turnover in senior leadership, and much of the experienced management team has departed. This has led to inconsistent direction, frequent misalignment between leadership messaging and execution, and a noticeable decline in employee confidence. Compensation, bonuses, and career progression opportunities have become less competitive, and overall employee support has diminished. The organization now feels more like a rebranded extension of First Citizens rather than the distinct institution it once was. There is also an over-layering of management, with too many overlapping roles and unclear accountability, which slows decision-making and creates unnecessary complexity. Finally, the company has lost much of its competitive edge post-2023, with ongoing client attrition and reputational challenges that employees are left to address without clear strategic direction.

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