UBS Reviews in New York City, NY

Updated October 28, 2014
Updated October 28, 2014
1,398 Reviews
3.4
1,398 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
UBS CEO Sergio P. Ermotti
Sergio P. Ermotti
287 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
  • 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

332 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - UBS Wealth Management Intern in New York, NY
    Former Employee - UBS Wealth Management Intern in New York, NY

    I worked at UBS as an intern (less than an year)

    Pros

    Strong Leadership, Great Company, Good Experience, Nice Co-Workers

    Cons

    Hard to Get Hired as Intern

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    I worked in several different areas of corporate and marketing communications.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Director, Marketing in Weehawken, NJ
    Current Employee - Executive Director, Marketing in Weehawken, NJ

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

    Pros

    I had a long, fulfilling career at UBS (and the former PaineWebber) and was consistently promoted and given progressively more responsibilities for most of my tenure there.

    Cons

    A management change in 2009 brought in an executive team from Merrill Lynch. After that, the culture shifted to recruiting from outside, particularly Merrill alums, instead of promoting from within.

    Advice to ManagementAdvice

    Recognize that UBS continues to have bright, talented people despite their association with the prior management team, which the new team understandably criticized when they joined. The people they are recruiting from other firms are not necessarily smarter or more talented -- they simply lack the perceived "taint" of the old management team.

    Doesn't Recommend
    Neutral Outlook
  3. 1 person found this helpful  

    Average

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Investment Banking in New York, NY
    Former Employee - Director, Investment Banking in New York, NY

    I worked at UBS full-time (more than 3 years)

    Pros

    low pressure, nice people, collegial, good benefits

    Cons

    low pay, political work environment, attracts low quality people given low compensation

    Advice to ManagementAdvice

    pay for performance

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Big name, but management sucks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Intern in New York, NY
    Former Employee - Risk Intern in New York, NY

    I worked at UBS as an intern (less than an year)

    Pros

    Big name. Good for your resume. Yet, the atmosphere is more low-key than other big banks though. So that can be a pro but also a con, if you want to stay competitive in the industry.

    Cons

    They are not really helpful when it comes to the administrative part of employment. I interned there from Jun to Aug, and the result was supposed to come out by the end of internship. HR was slow. There was some mismanagement. The head of the recruiting team quit, so they said they had to wait for a call from a new guy. In the end, I had to go in and went through all the interviews again in December. This won't happen if the bank wants to stay competitive because the recruiting cycle for full time is mostly done from august to November, December. If you want till the end of December to actually start something, you lose a good batch of potential employees to other banks already.

    Advice to ManagementAdvice

    Step up your game. Be more organized and transparent.

    Doesn't Recommend
    Neutral Outlook
  6. 2 people found this helpful  

    Cost cutting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Resolution Specialist in Weehawken, NJ
    Current Employee - Client Resolution Specialist in Weehawken, NJ

    I have been working at UBS full-time (less than an year)

    Pros

    Good cafeteria.... That about sums it up

    Cons

    Cost cutting and temps everywhere. Moving tons of jobs to Nashville

    Advice to ManagementAdvice

    None

    Neutral Outlook
    Disapproves of CEO
  7.  

    Client Service Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Associate in New York, NY
    Current Employee - Client Service Associate in New York, NY

    I have been working at UBS full-time (less than an year)

    Pros

    UBS is a big company with a good name. They sponsored me for my Series 7 and 66 out of college

    Cons

    Can sometimes get lost in the shuffle. Because company is so big you can feel like just a number, but then again, that is the case at most publically traded firms.

  8.  

    Very good at the start and as time goes on, still ok, but frustration w/ the inability of senior mgt to get firm forward

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

    I have been working at UBS full-time (more than 8 years)

    Pros

    Global company w/ heavy influence from parent, mother Switzerland! Current management seems more stable, but still trying to remove the sins from the past.

    Cons

    Current new hires brought in at market while loyal hard workers get little increases and bonus flat to continued reductions as Company tries to fund increased capital ratios. They will have a real issue w/in 2 years if they don't fix compensation overall as the seasoned professionals who have carried the load will leave to other companies willing to pay for their experience and skill set.

    The whole corporate service concept is at least 50% BS and adds additional costs, removes accountability, and confuses internal people. While they are some benefits to corporate services (centralization of certain services, legal, HR, finance, etc), the Firm's execution of this function has been poor at best.

    Advice to ManagementAdvice

    Really take a look at compensating senior people in the trench

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Financial Advisor Trainee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor Trainee in New York, NY
    Former Employee - Financial Advisor Trainee in New York, NY

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

    Pros

    Good, structured training program on products and services.

    Cons

    The company organization is too hierarchal in structure.

    No opinion of CEO
  10. 1 person found this helpful  

    analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Weehawken, NJ
    Current Employee - Analyst in Weehawken, NJ

    I have been working at UBS full-time

    Pros

    close to my house save on gas and short commute

    Cons

    layoffs layoffs layoff s outsourcing to TN

    Advice to ManagementAdvice

    when will the layoffs end ….. constant working maneuvering behind the scenes by management they don't tell you whats going on but they know one day you walk in and they inform you your job has been eliminated

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Great Learning experience and provided lasting memories.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations in New York, NY
    Former Employee - Operations in New York, NY

    I worked at UBS as an intern (less than an year)

    Pros

    People were always very helpful when I didn't know how to do something. A very positive work place was promoted by management.

    Cons

    There was often periods were I had no assignments. This was probably due to the fact that it was summer and not as much work was coming in.

    Advice to ManagementAdvice

    Keep doing what you are doing. I had a great experience.

    Recommends
    Positive Outlook
    Approves of CEO

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