UBS Reviews | Glassdoor

UBS Reviews

Updated June 5, 2017
204 reviews

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UBS Group CEO Sergio P. Ermotti
Sergio P. Ermotti
60 Ratings

204 Employee Reviews

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Pros
Cons
  • Work life balance completely eroded during my time there (in 90 reviews)

  • Long hours, long commute, low pay (in 101 reviews)

More Pros and Cons

  1. Helpful (1)

    "Awful"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Nashville, TN
    Current Employee - Anonymous Employee in Nashville, TN
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    They will sell you on vacation days, etc but pay you like crap.

    Cons

    Horrible environment where if you don't have a title or "rank" as they call it then you are nobody.

    Advice to Management

    This isn't the military, ranks should not be that important.


  2. "Waste of time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    no pros bad all around

    Cons

    so many that it would take for ever

    Advice to Management

    be human

  3. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good learning experience, junior team is fairly collegiate and opportunities to work offshore

    Cons

    Long hours, UBS is not looking to grow their IB franchise


  4. Helpful (1)

    "When the Turtle Wins the Race"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Risk Control Specialist in Weehawken, NJ
    Former Employee - Risk Control Specialist in Weehawken, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great Benefits, excellent opportunity to gain global markets exposure

    Cons

    Excessive and prolonged decision making process. It took 3 interview and 3 months for me to arrive at a start date that was a US Holiday. Took two months to learn I was not going to receive a promotion.

    Advice to Management

    I enjoy working here but sometimes there are soo many layers of management and departments doing work that is duplicated by consultants. It just feels like one big dialogue with much to say about nothing.


  5. Helpful (6)

    "Please avoid UBS Asset Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    I hope to keep in touch with some of my coworkers for the entirety of my career. They have provided me with a wealth of industry knowledge, friendship, and hundreds of laughs. I will remember the company events and bizarre moments I shared with great coworkers.

    Cons

    UBS Asset Management is a San Andreas Fault of systemic issues.

    The dysfunction is unlike anywhere I have ever experienced in my entire life. There's a terrifyingly large portion of the office that still believes it's 2007. There are no consequences for an employee breaking protocol. You’d be more likely to get fired for wearing shorts on casual Friday than for losing the company money. There have been significant cost cutbacks to make the appearance of being a responsible and forward thinking member of the banking community. The cuts have hit bone in certain departments. It’s not feasible to do any job effectively or accurately.

    Some business essential software hasn’t been updated since before the recession. You’ll use your talents to surmount these shortcomings and implement process improvements with what you have. The condescending executives, will make careless and disturbing mistakes habitually. You’ll put their confusingly immature attitudes aside and work with them anyway. You’ll even show them how to operate their own trading platforms. You’ll be rewarded at the end of the year by a conversation such as “I know UBS made $5 billion this year but you won't be seeing any of that. It’s not how it works here.”

    You’ll put this aside and work even harder the next year, motivated by what you think will be a one-time disappointment. You’ve held the pieces, figuratively and literally, together for a little longer. Your mental and physical health have declined. Your friends and family will “hardly recognize” you.

    Another year has passed. There are now permanent and complex issues fixed due to your hard work and creativity. “This is it, UBS will finally show me that it values me as an employee”, you say.

    Last year’s disappointments have taught you to manage expectations. With a little luck, you’ll get a small promotion or a small raise. Heck, even a cost of living adjustment will be enough to keep you going.

    Your review begins with a manager who you haven’t seen in the office for six months. The conversation begins, “I know UBS made $6 billion this year but you won't be seeing any of that. It’s not how it works here.”

    If only I had listened to that Glassdoor review from years ago.

    Advice to Management

    Please stop squandering money on hiring Annie Leibowitz to produce company propaganda. Please stop making awkward TV commercials about how UBS wants to answer all of your life’s questions. Give your employees the resources they need to provide a perfect product every time for the client. Don’t tell your clients you are the best. Let your work speak for you.


  6. Helpful (1)

    "Not fun"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Columbia, MD
    Former Employee - Anonymous Employee in Columbia, MD
    Doesn't Recommend
    Negative Outlook

    I worked at UBS (Less than a year)

    Pros

    Good working conditions. Competitive pay.

    Cons

    My experiences were nothing short of horrid. Training is miniscule at best. The systems were presumably ‘state-of-the-art” but fell woefully short of expectations. Coupled with management’s indifference and a feeling of overall dysfunction, I’d say the trek to be at work each day was a living nightmare.

    Advice to Management

    Advice to Management? Learn how to manage - show some leadership and maturity. Management from top-level to middle management was subpar -and that's being kind.


  7. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    You collect a paycheck on time

    Cons

    Across departments the company has no culture, it's a bunch of fish swimming in different directions

    Advice to Management

    Break the company up and sell it into parts to different owners who can run it properly

  8. Helpful (2)

    "wealth advice center"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Weehawken, NJ
    Former Employee - Anonymous Employee in Weehawken, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at UBS full-time

    Pros

    UBS is truly a global company with extremely important businesses all around the world. the uhnw policy is looking for growth.

    Cons

    the wealth advice center at ubs makes you feel like they are doing you a favor and some of the new managers are not management material at all.

    Advice to Management

    pay your financial advisors more than minimum wage in the financial industry.
    also life work balance is horrible.


  9. "Associate director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend

    I worked at UBS full-time

    Pros

    The people were nice and friendly.

    Cons

    Antiquated system, chaotic on boarding process. No accountability, those with limited knowledge of AML process

    Advice to Management

    Retraining across the board on people skills, update old processes. Update technology.


  10. "Do Not Recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Regulatory Analyst in Stamford, CT
    Former Employee - Regulatory Analyst in Stamford, CT
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Good pay, but absolutely horrible upper management with zero transparency

    Cons

    Terrible management, no transparency, offshoring all jobs, horrendous bonus packages, sometimes very long hours

    Advice to Management

    Speak to the people that are doing the work. There may not be a single happy employee at the entire bank.


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