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High class wealth management franchise

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Associate Director in Mumbai (India)
Current Employee - Associate Director in Mumbai (India)

I have been working at UBS full-time (More than 3 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Truely client focussed .Wealth managment unit leaves no stone unturned to position itself as the best. Investment bank delivers strong advisory capability

Cons

Slow moving in taking decisions and has become too conservative
Salaries lag peers

Advice to Management

Stop hoarding capital
Speed up product rollouts in new geographies

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  1. Helpful (3)

    UBS like many employers, looks better from outside than inside

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at UBS full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Global reach for a bank like UBS is always good. It has also the particularity to pay better than market as UBS is just an hungry consumer and not a people riser...
    Still a few fantastic professional and very knowledgeable persons (who are trying to leave the boat unfortunately)

    Cons

    Middle management is absolutely crap.
    They are always on the go to new project (i.e. often pre-run processes or systems or business approach in other institutions or industries) and they will always need to have an extremely formalized approach that takes for ever as mid-mgt does not decide anything...At the first hick-up, they would stop everything and find someone to blaim (usually the very last one in the chain who has no clue whats going on)...lots of evil people and cowards on top of it ...plus no vision at all... many bankers who have less knowledge than beginners sometimes.. (many people managing something they reaaaally dont understand and just try to compensate with communication - meant wind here - ridiculous indeed)
    As a consequence, absolutely no people management or career enhancement...
    UBS good at personal marketing, good at talking about innovation but not open to change through innovation and hence killing in the eggs is a 'national sport'
    Hiring process: they want best of the best, launching job description that more than 80% or UBS employees cant even dream about accomplishing it once in their life...so they pay at high rate and later, once you are in, either you've got a very musculous tongue or you are off the page
    UBS is doing good in business at the moment, but this does not impact yet career development (horizontally, vertically and/or geographically)

    Advice to Management

    As they try to redesign the firm activities and business coverage...please clean BIG TIME the numerous and useless mid management so they dont pollute the level below and really add value to the level above

  2. Helpful (1)

    People over Pay....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in London, England (UK)
    Current Employee - Director in London, England (UK)

    I have been working at UBS full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great work life balance and nice people. They'll help you through exams and provide and great learning environment.

    Cons

    People only get salary raises when they threaten to leave. They should have a better reward system. Overly bureaucratic management bring large barriers to change.

    Advice to Management

    Reward people when they do something good.... not when they threaten to leave.

There are newer employer reviews for UBS
There are newer employer reviews for UBS

See Most Recent

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