UBS Reviews in City of London, England

1,378 Reviews
3.4
1,378 Reviews
Rating Trends

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

Review Highlights

Pros
  • THe work life balance is good but might get stressed during the deal season (in 146 reviews)

  • Decent work-life balance, relaxed work environment, corporate perks (in 79 reviews)


Cons
  • Work-life balance is appalling if one wishes to get promoted (in 29 reviews)

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

More Highlights

13 Employee Reviews Back to all reviews

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  1.  

    Bit like a country club

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

    I have been working at UBS as a contractor for less than a year

    Pros

    Very laid back. Seems over resourced compared to competitors

    Cons

    Lots of MDs and EDs, therefore little scope for making a real impact at VP/Director level. Too top heavy.

    Advice to ManagementAdvice

    Trim some fat from the top

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Play the game and you will go far !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Middle Office  in  City of London, England (UK)
    Former Employee - Middle Office in City of London, England (UK)

    I worked at UBS full-time for more than 5 years

    Pros

    Lots of opportunity to move, and if you play the game you can progress. Probably the best place I have worked for training and courses and if you want to take on more work they will heap it on you, but you have to perform, and as long as you fit the profile you will go far.

    Cons

    Its all about playing the game @ UBS. You make the right noises to the right people you will go far. They take you for granted after a year or two so if you haven't been promoted or looked after in that time I would say move on. This was probably the worst firm I have seen for management self promotion, and people being entirely self motivated for their own gain and to hell with everyone else.

    Advice to ManagementAdvice

    Care less about your own interests and more about the people at the bottom of the pyramid. Thats why it all went wrong. You let lots of people go who were some of the best I have worked with over promotions/payrises and you employed inferior people on higher salaries. Bad management.

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

    Low growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at UBS

    Pros

    Large firm, fairly open and mgt are ok

    Cons

    Low prospects with pressure but no compensation. Some people lack respect.

    Advice to ManagementAdvice

    Need to invest in future

    No opinion of CEO
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  5.  

    good very good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - BDM  in  City of London, England (UK)
    Former Employee - BDM in City of London, England (UK)

    I worked at UBS

    Pros

    cool place to be in right people right work ethics

    Cons

    nothing much a good place to work if you can keep up with the hours

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Marvellous and eye-opening

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at UBS

    Pros

    The advocacy for work-life balance is astounding, especially when compared to my erstwhile employer (IB division in a commercial banking behemoth). Front-to-back systems is top-notch, meaning analysts / controllers can go about doing their proper jobs and value-add, rather than do systems patch work.
    Also, the organisation flow is very flat - and there is great openness and direct conversations had on many a subject (hence, little risk for corporate, interneccine toxicity)

    Cons

    Very calm. Almost too calm. Then again, that's not an issue now, is it??

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Approves of CEO
  7.  

    inspiring people but bureaucratic system

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)

    I worked at UBS

    Pros

    good atmosphere, mostly smart people, open minded and supportive, good at nurturing young talent.

    Cons

    bureacratically overloaded with admin and process, both to do the job and for your own HR development

    Advice to ManagementAdvice

    peg down the macho style a bit

    Doesn't Recommend
    No opinion of CEO
  8.  

    UBS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at UBS

    Pros

    high calibre of staff, relatively good work life balance, respectful work culture, no aggressive egos and friendly atmosphere overall, strong support for outside activities

    Cons

    bureaucratic company structures, takes a very long time to get things done, Swiss and UK approach to work do not always agree

    Advice to ManagementAdvice

    focus on your specific strengths, do preserve your European heritage and avoid purely US style banking, continue hiring ambitious and high-calibre staff,

    Recommends
    Approves of CEO
  9.  

    good work culture, slow career progression

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

    I have been working at UBS

    Pros

    good work culture, friendly team, great work-life balance, flexible working

    Cons

    not much career progression opportunities, siloed development, no greenfield projects

    Advice to ManagementAdvice

    please listen to employees, and give good feeback on whats happening within the organisation

    Recommends
    No opinion of CEO
  10.  

    A Bank which does not reward real performance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT Technical Lead  in  City of London, England (UK)
    Current Employee - IT Technical Lead in City of London, England (UK)

    I have been working at UBS

    Pros

    A good place to start a career. A good place to learn and advance you skills.Good talented people to work with. Good employee benefits. Though most benefits are reserve for managment

    Cons

    Incompetent middle management. Promotions are given to people who rarely work hard to deserve those promotions. Managment promotes a culture of flattery and a** kissing to recommend staff for promotion. Its mostly about "Who you know " than "How well you perform". No transparent promotion criteria. Favoritisn is rife. Certain employees are "Picked" for higher management roles using a discrimanatory no transparent "Ascent Program" to promote choosen ones.

    Advice to ManagementAdvice

    Open your eyes. Talente dand hard working people are leaveing and UBS is only left with crap non perfromers who can not find jobs else where. Have a transparent performance and promotion system. Reduce the bureaucracy among managers. Make tough decisions and get rid of the army of Managing Directors (MDs).

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Good place to work

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

    I have been working at UBS

    Pros

    Very able, (some amazingly bright) and approachable colleagues
    Lots of possiblitiy for advancement and taklng responsibility
    Plenty of access to senior individuals
    Collegiate atmosphere is very pleasant to be a part of

    Cons

    Low pay relative to other banks
    Support personnel are stretched, thereby putting more pressure on you to ensure jobs are done right

    Advice to ManagementAdvice

    what the hell were we doing investing our entire balance sheet in sub-prime and associated debt? even the basics of risk management talk about a 'balanced portolfio'. seems like many senior managers forgot the basics

    Recommends
    Approves of CEO

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