For more than 35 years, Silicon Valley Bank has helped innovators and their investors move bold ideas forward fast. Today, we provide a range of banking services to companies of all sizes in innovation centers around the world. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities we serve. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Established in 2012 with locations in Boston, MA and Palo Alto, CA, the Associate Development Program hires entry-level associates in January and July to embark on a 15-22-month development program that couples heavy technical training with real life experience supporting various teams, clients, markets, and geographies.
The foundation of the Associate Development Program is our hands-on training curriculum. It’s a building-block approach to develop the skills you’ll need to support our dynamic and rapidly growing clients. The training consists of a combination of classroom-style instruction intermixed with case-study based exercises and live work with our various in-house facilitators. The first 4 – 5 months you’ll learn foundational skills that focus on understanding the unique business models of our clients. With these skills in place you’ll develop and deliver solutions uniquely tailored to both rapidly growing startups and public companies in the innovation economy.
Following training, you will be imbedded with SVB business units to receive hands-on training in areas such as credit risk assessment, loan portfolio management and client engagement. You’ll collaborate with client-facing teams to complete work, develop skills to take on additional responsibilities and hone interests in sectors you can join once the program has been completed.
Life in ADP
While in ADP you’ll assist in managing all aspects of teams’ client portfolios. Responsibilities will include assessing and monitoring credit risk, underwriting a wide variety of credit facilities, and gaining an understanding of various bank’s sectors, products and services. You will be guided by a management team that has sat in your chair and has decades of collective experience. Significant 1:1 mentorship every step of the way will help you develop the technical and soft skills for a successful career.
Skills and Qualifications
We pride ourselves on hiring from diverse backgrounds, experiences, and skill sets. Whether you’re a new college graduate or you have a few years of post-grad professional experience under your belt, our program is the perfect launching pad into the innovation economy. We accept candidates from all majors who have demonstrated a level of interest and basic knowledge in the world of finance (i.e. classes taken, internships and part-time jobs, etc.). We also look for candidates who have a strong base of technical ability coupled with the soft skills needed in order to collaborate and work with various teams both during and after ADP.
Other skills and qualifications include:
· You’re interested in leveraging your experience in the program to explore further career opportunities at SVB
· You like to think creatively and enjoy problem-solving
· You have the ability to write well, speak powerfully and explain complex situations with ease
· You’re a team player with the ability to coach others as well as be coached
· Ready to relocate to one of our 30+ U.S. and Canadian office locations upon successful completion of the program
· You’ve earned a bachelor’s degree or equivalent (GPA of 3.4 or higher preferred)
Your Future at SVB
With ADP as your launching pad into a career at SVB, the opportunities are endless. The breadth of experiences and skills you gain while in the program will enable you to explore a wide variety of roles within the organization. Historically, most of our associates go onto careers in client facing roles, and more specifically, areas of Lending such as Credit Solutions, Global Fund Banking, Advisory Services, Private Bank, and Life Sciences. We are now creating additional career opportunities beyond lending, but still focusing on our innovative clients in a product, sales and/or support role around the organization.