Extremely Traditional company led by risk averse individuals - Branding UBS Employee Review

UBS is led by employees who have been in the bank since they have joined the workforce (so without exposure to other business models, working cultures). It is a very risk averse culture where there is no accountability and no one likes to make a decision that might impact their comfortable salaries and bonus. Promotion criteria are not clearly defined and discretionary to management and only happen once a year where very few get promoted. Even though challenging status quo is part of the mission the minute you challenge anything you will become persona non grata. Stay far away from this place if you want to develop as a professional and grow.