UBS Investment Bank
3.2 of 5 223 reviews
www.ibb.ubs.com London, United Kingdom 5000+ Employees

UBS Investment Bank Reviews in City of London, England

All Employees Current Employees Only

2.8 5 reviews

                             

81% Approve of the CEO

UBS Investment Bank CEO Investment Bank Andrea Orcel

Andrea Orcel

(43 ratings)

60% of employees recommend this company to a friend
5 Employee Reviews Back to all reviews
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    It is a good place to work

    Intern At IT FICC (Current Employee)
    City of London, England (UK)

    Pros- well organised program
    - a lot of constructive feedback
    - good work-life balance

    Cons- awful coffee
    - some internal processes are not optimized

    Advice to Senior Managementmore focus on delivering solutions to clients

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Lack of leadership and massive bureaucracy leads to paralyzed IT Operations teams.

    Director - IT (Former Employee)
    City of London, England (UK)

    ProsNice people, pretty good culture, active in local community.

    ConsThe nice side covers quite a lot of back-stabbing and character assassination. Also, the lack of strong, clear vision and leadership results in a paralyzed work force, not just in IT but throughout the Bank.

    Advice to Senior ManagementCut the red tape, get a vision that is strong internally as well as externally, focus on your leaders to explain to every employee how their daily work supports the vision, and get some decent leadership in there somewhere, not just management. Spend some bloody money, too!!

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Life changing

    Director (Current Employee)
    City of London, England (UK)

    ProsOpportunities to succeed are there if you have the right attiude. Have been able to try a few different things whch is motivating.

    ConsCurrent issues are applicable to industry in general, but always being pushed to do more with less. Sometimes the less is just not enough.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
           
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    Things getting worse working hours wise / promotion wise

    Business Unit Control (Current Employee)
    City of London, England (UK)

    ProsUsed to be a nice relaxed place to work with good working hours, people were highly skilled. Promotions were more transparent and more fair. There were many internal promotions in the past.

    ConsPay has always been below par at UBS, but other things in the past (such as working hours) were making up for that. Working hours have increased by about 1 to 1.5 hours in Finance during the last five years (mainly last two years). THERE IS A NEW PROMOTION POLICY. Job titles such as AD, Director are more a recognition of competence - it has always been possible for a specilist with not a single diect report to become a Director for example. So promotion never meant that you are now a boss - it has always been just a recognition of competence and in the past EACH INDIVIDUAL WAS ASSESSED on his own merits. They have now introduced a NEW POLICY. Each individual is ranked against a cohort of others of the same rank. Top 10% deemed outstanding, another 20% Excellent, 40% good, 20% Need Improvements, 10% Very bad performance. New joiners are making into the middle - as would not be fair to hit them with any other rating. So existing staff have an almost 50% chance of being deemed underperforming. SELECTION INTO TOP CATEGORIES is often done on the basis of being boss's drinking buddy. Even if you make it into excellent one year, next year they might well stick you into underperformer as previous years' "undeperformers" will leave and new joiners will occupy the middle slot. Oh yes and unless consistently rated excellent (compared to others) no chance of promotion.

    Advice to Senior ManagementThere are too many academic failures in senior and mid ranking positions with no vald degrees leading even very technical teams that drag similat rubbish to the top based on drinks. Need to clean up on middle and senior management. Need to return to the previous promotions and assessment system.

    No, I would not recommend this company to a friend

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    Bureaucratic and procedural environment, sometimes hostile to individuality

    Associate Director (IB-IT) (Current Employee)
    City of London, England (UK)

    ProsBig international corp. with a diversity of operations and activities.

    ConsCurrently undergoing change, merging and rationalising core services. This is seen as justification for a big levelling exercise to downgrade staff assessments and is too cost centric. Outsourcing appears to be the primary solution without adequate balancing of the pros and cons.

    There is an lement of blame culture and some bullying by Teflon coated senior managers

    Advice to Senior ManagementLook at the long lines of management communication and check if boardroom intentions remain as intended lower down the chain. Examine whether the rigorous cost saving initiatives (e.g. outsourcing) are working without side effects and longer term implications

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at UBS Investment Bank reviews and ratings in City of London, England — including employee satisfaction and approval rating for UBS Investment Bank CEO Andrea Orcel . All 5 reviews posted anonymously by UBS Investment Bank employees.