UBS

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UBS Reviews in Chicago, IL

Updated February 18, 2015
Updated February 18, 2015
52 Reviews
2.8
52 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
UBS CEO Sergio P. Ermotti
Sergio P. Ermotti
52 Ratings

Review Highlights

Pros
  • THe work life balance is good but might get stressed during the deal season (in 152 reviews)

  • Work environment is friendly, co worrkers always helpful and management always involved (in 80 reviews)


Cons
  • Working hours are abit too long and I find it hard to get a work life balance (in 30 reviews)

  • Priorities of the business kept changing and senior management did not seem to have a vision (in 54 reviews)

More Highlights

52 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Constantly restructuring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Manager in Chicago, IL
    Former Employee - Portfolio Manager in Chicago, IL

    I worked at UBS full-time (more than 5 years)

    Pros

    Large AUM base. Variety of geographic locations globally.

    Cons

    Huge bureaucracy. Compensation terms ever evolving. Translation - worsening.

    Doesn't Recommend
    Negative Outlook
  2.  

    Financial Analyst Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Planning Internship in Oakbrook Terrace, IL
    Former Employee - Financial Planning Internship in Oakbrook Terrace, IL

    I worked at UBS

    Pros

    The group I worked with was very easy to get along with. At first I was not too thrilled about the cold calling aspect but have since learned it is s valuable experience to have on resume.

    Cons

    Often I would not have tasks or projects thoroughly explained to me. Towards then end of the internship when I got to work with FGAs I really had no idea what I was doing.

    Advice to ManagementAdvice

    Better training system. Written instructions for reference when there is a simple question to be answered.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Internship was great

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Chicago, IL
    Former Employee - Intern in Chicago, IL

    I worked at UBS

    Pros

    It was a great introduction to the financial services industry.

    Cons

    Interns are newer to the workplace so do not get much major project responsibility. You are still challenged.

    Advice to ManagementAdvice

    Continue toEncourage hard work and dedication to being great on a daily basis

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    So so

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Database Administrator in Chicago, IL
    Current Employee - Database Administrator in Chicago, IL

    I have been working at UBS

    Pros

    Location, international company, most people don't know what is going on,

    Cons

    80% contractors, management changing often,
    no employee appreciation.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Systems Admin

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Director, Investment Banking in Chicago, IL
    Current Employee - Associate Director, Investment Banking in Chicago, IL

    I have been working at UBS full-time (more than 10 years)

    Pros

    Great Benefits. Decent work/life balance promoted by human resources department.

    Cons

    Due to downsizing a stressful environment was created by having employees always looking over their shoulder awaiting the layoff call. Annoying knowing that the Company seemed to be placed in a bad light for inappropriate behavior a few too many times.

  7.  

    Remote offices are terrible to work in, there is no connection to headquarters.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Controller in Chicago, IL
    Former Employee - Product Controller in Chicago, IL

    I worked at UBS full-time (more than a year)

    Pros

    Good benefits and overall culture. This office has a great downtown location in Chicago which is close to shops and restaurants.

    Cons

    Terrible work life balance and mobility within Corporate Center, management were filled with dinosaurs who had worked at the company for so long they were resistant to any type of positive change.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Good place to get a start.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Registered Client Service Associate in Chicago, IL
    Current Employee - Senior Registered Client Service Associate in Chicago, IL

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

    Pros

    Office will support you getting licenses and certifications. Good place to to learn and get some experience. A lot of the long timers are very nice and helpful in sharing knowledge. Good amount of vacation time for new employees.

    Cons

    Poor compensation. Limited amount of positions available within the wealth management division. Some of the past managers didn't make it easy for individuals to apply for other jobs and move around within the company. Sometimes it takes forever to get something done because it has to go through so many strings of approval.

  9.  

    Just OK

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

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

    Pros

    Solid company with a good reputation. Work-life balance is nice.

    Cons

    Lack of training. The only tools you are given are from the disinterested, checked out person who had your job before you did. The only thing anyone cares about is money and climbing the corporate ladder. There are some really slimy people working here. The company does not give cost of living raises, and most employees have not had a salary increase in 5 years. There is a huge lack of morale in the home office, and getting a competent, timly response is impossible. Not to mention the fact that half of the back office is in India now, with more to follow. The technology is a joke too. We are still on some systems from the 90s.

    Advice to ManagementAdvice

    The best way to keep talent is to pay for it. Enough outsourcing. Invest in quality, sustainable technology so we can do our jobs effeciently and effectively.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Good comp, Great people, Distant management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Chicago, IL
    Current Employee - Operations in Chicago, IL

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

    Pros

    People are really nice, very smart and tend to be some of the professional elite you would like to work with. International opportunities for sure.

    Cons

    The promotion, raise and bonus system is a total sham. It's painful and it sucks, UBS needs to get on the same page as the rest of the western world when it comes to taking care of their employees.

    Advice to ManagementAdvice

    Management is in Switzerland. They really could care less what happens to anyone in the US. They tend to make autonomous decisions that are a JOKE!

    Recommends
    Positive Outlook
    Disapproves of CEO
  11.  

    Wealth Management Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Wealth Management Intern in Chicago, IL
    Current Intern - Wealth Management Intern in Chicago, IL

    I have been working at UBS as an intern (less than a year)

    Pros

    Nice working environment, helpful managers, flexible schedule

    Cons

    too many office administrative responsibilities. personally, i prefer to work on projects rather than just paperwork

    Recommends
    Neutral Outlook
    No opinion of CEO

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