UBS reviews

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.

I cannot express. There is absolutely nothing good about working here. The pay is 50% less than any other company, you are belittled by management. You are told you are not good enough no matter what you do. This company gets at least 5,000 complaints by clients every week. Every time you answer the phone it is a 70/30 chance it is a complaint. Management does not care about you, they only care about making themselves look good to directors. Upward mobility is definitely not even remotely an option here. UBS loves to pigeonhole their employees to the point where they leave. Any furthering education is on your own expense. Bonus’s and commission aren’t even enough to pay your fuel to get to the office every day. Trust me, don’t go here. If you work here, leave and go work for a NYC top 5 investment bank and make 6 figure base and stop waiting your time.