Pros
- Filled with people that love SVB (kind of weird but still more of a pro) - Still fully remote if you don't want to come in - 2 month training for ADP before any real work - large cohorts of new associates - get to interact with really cool VCs and founders - opportunities to move across the bank every couple years - good first job. Good occasional perks kind of. They'll toss us $25 doordash codes every now and then
Cons
- technology is so terrible that I probably spend 2/3 of my week updating repetitive trackers and submitting compliance crap. I don't mind bc I get paid the same either way, but there's truly so much of that nonsense to fit in it sucks - No indication of any Covid-related raises despite the retention issues. I'll probably end up going to a diff bank since they're poaching us anyways - Commercial Banking also blows. Some deals are cool but most of your clients will just have credit cards but you still have to cater to them just as much. This isn't a substitute for IB if you actually want to exit to something good in finance - Hit or miss on ADP/rotation managers (as expected anywhere) - they make it seem like they care but will never address real issues that people have. work-life balance has severely gone downhill and upper management thinks the solution is to come back to the office regularly. What?