associate director

director

analyst

financial advisor

software engineer

The company is good but it depends who is your manager and your team. 

They have restructured over the years a few times.

My personal experience has not been bad but there are stories of fellow members not having good experiences. 

As we all know what makes or breaks your job is who your boss is. All managers are not good managers and that goes with any company.

The benefits is very good, no complaints. The vacation time, sick days and some other days they created are good.

The work life balance is good but it depends what group you are in and who your manager is. If you have a good manager they will accommodate you, once you can make up the work or you prove trustworthy. Let’s be honest some companies are afraid that we will be home not actually working but at UBS there is no way you can really get away with not working (even at home) because there is escalations and emails so they will know if you are actively doing your job through the day.

The people are overall nice but there are stories where people have had not good experiences with some. Sad but true especially when you hear it.

Sorry to say, there are snakes you may encounter in your own group (smile in your face but very two face) but that with any company.

There are nice individuals that you genuinely will bond with and will make you laugh within your dept and cross depts.  it’s like everywhere else.

Like any other workplace always document things/ conversations and cover yourself so that no one can call your name. 

There is a year end review but it is all politics because come feb of the next year you get to know the results of the review from your manager (bonuses, raise etc)

Advancement is based on who you are fortunate to work under. Some people never get promoted in title and have worked there years and some people do (just look at LinkedIn). Its whoever you get as a boss and who takes a liking to you (as with any company)

Some people have been in the same position for years and work for next to nothing (compared to NYC salaries) and not even a title increase.  

I once had a lady tell me leave because when I told her my salary she was like ‘oh noooo’ (she was basing this on NY salaries I suppose).

Then another recruiter said ‘that’s all you make based on the experience’. Trust me I am not the only one who works for sub par salary based on years of experience but I guess my error was I got comfortable.  I survived many turnovers or layoffs. 

In my opinion, If you want more money, work for some time get the experience and leave

The ones being recruited to ubs from Morgan are coming with big money I heard but the ones who been here a long time is not on the same pay scale

Out of college I learnt each department has a $amount they would not cross, so if someone is so unhappy with pay just leave.  RMA (retail ops) was not making more than $45k. If you were an intern, they hire you at $70k or $75k I heard.  Other departments do not cross $60k. Some directors are not making what you think they are making.

UBS outsourced a lot of jobs to India years ago and there is a location in Nashville but they still need the original people with the knowledge to keep things afloat 

Some people who were laid off was hired back full time or as temps.

Overall my time at ubs has not been bad but if you want to get paid what you are valued then stay 1 or 2yrs and leave, please do not get comfortable.

If you are fortunate to come in with high salary, then good.

Sidenote: I will never work at a branch (front office) or at a call center but hey a job is a job. Call centers are not easy because they are timed and have to deal with branches who may or may not be nice. People who leave the call center to go to operations never want to go back. Now working in branch is not easy either because if you are an CSA what makes or breaks you is the FA you work under. If you are operation manager it’s not easy either having to deal with FAs or the branch member who constantly forgets to follow procedure and now they have to try get exceptions from operations (back office) which may or may not be approved. For operations  dept well, hopefully you deal with branch members who are respectful (bc that is an issue for some). 

One mentor once advise move from area to area to learn the company and if you are still not where you want to be, then it’s ok to leave. If you are not able to move from area to area, and stuck in one area with low pay and no promotion then leave. You alone have the power over your life and career. 

•	Provide support and resolution for all end user issues and technical problems related to Trade Capture & Risk Analysis Applications (OBS Suites of Applications). Monitor global infrastructure including UNIX servers, windows desktops and database servers. 
•	Create scripts and programs to automate and monitor system tasks using shell scripts, Perl and python. 
•	Liaise with end users and development teams to fix application bugs and rollout new software.
•	Supporting OBS Applications Windows & Unix based globally
•	Scheduling Jobs in Autosys System and maintaining them 
•	Attending the user Application Support Call and also supporting Trading Floor users
•	Interaction with Development team for the new enhancements and Bug Fixes
•	Interaction with Other GSD Team members & Application Team i-e Market data team Settlement System etc.
•	Also supporting Weekend Activities done by Infrastructure Team or Business Team activity i-e Bulk Trade amends etc.
Job Title: Application Production Support Engineer	Client: UBS        	             Jun 04 - Pres
•	Technical support for a suite of Interest Derivatives trading applications in production & UAT environment 
•	Provide support and resolution for all end user issues and technical problems related to Trade Capture & Risk Analysis Applications (OBS Suites of Applications). 
•	Create scripts and programs to automate and monitor system tasks using shell scripts, Perl and python. 
•	Liaise with end users and development teams to fix application bugs and rollout new software.
•	Supporting OBS Applications Windows & Unix based globally
•	Scheduling Jobs in Autosys System and maintaining them 
•	Attending the user Application Support Call and also supporting Trading Floor users
•	Interaction with development team for the new enhancements and bug fixes
•	Interaction with Other GSD Team members & Application Team i-e Market data team Settlement System etc.
•	Also supporting Weekend Activities done by Infrastructure Team or Business Team activity i-e Bulk Trade amends etc.
Job Title: Production Support Analyst    Client: The McGraw-Hill Companies    Mar’ 04 - Jun 04
•	Supporting application for maintaining the royalty for the publishers and writers for both Production and UAT environment
•	Supporting Hardware and Software Infrastructure associated with application
•	Writing the shell scripts to check in and Checkout Programs Copy Books and scripts from development box to Production, and vice versa. 
•	Developing and supporting the interfaces for Data Transfer in Korn Shell Scripts awk and sed 
•	Maintaining the Maestro Scheduler for scheduling the jobs 
Job Title: Support Analyst		Client: Pfizer, Inc.	 	 		        Mar ‘01 - Mar '04
•	Medicaid/FSS – In House developed Application Developed in Ksh Shell Scripts 
•	CARS/Medicaid – Third party Application running on HP UNIX BOX with Oracle as a Database 
•	CARS/IS – Third party application running on Windows NT UNIX Box with Oracle as a Database 
•	Developing and supporting the interfaces for Data Transfer in Korn Shell Scripts awk and sed 
•	Scheduling thru Maestro and Cron 
•	Designing, developing and supporting the Application IHC52X7 (Application made in KSH and awk) 
•	Writing Shell scripts in b shell, c shell and k shell for different applications for total automation in backup and OAandM implementation

• Worked with a team to implement the Oracle financial modules for US and international operations
• Interacted with the Business users for understanding the Requirements and subsequently developed the functional design to meet the client requirement.
• Responsible for gathering Business Requirements (RD 020), Identifying Gaps & Fit Gap analysis (BR 010).
• Designed & implemented a Customization on “Refund process” (with the help of
Technical team) to refund the amount to the Customer by cutting a check in AP.
• Implemented a major Enhancement “Journal entry creation for Cash management Entries” to perform reconciliation of Treasury entries which saves significant cost & Benefits the Customer to avoid manual intervention.
• Evaluating the Reports and testing them for the desired outputs after development as Per the Business requirements.
• Responsible for Baseline configurations for Accounts Payables, Accounts Receivables & Cash Management.
• Providing solution for Revenue Recognition for Pacific Bio Sciences orders in AR.
• Helping technical team develop a customized Revenue Recognition program in AR.
• Developed and executed test scripts and drove resolution of fixes to the system prior To User Acceptance Test.
• Responsible for end to end testing on Accounts Payables.
• Testing the entire process of Payables transfer to GL, AP Assets creation and mass Additions create through Payables.
• Set up of Desktop ADI and test the creation of Journals along with WEB ADI.
• Evaluating and adding account combinations so Account Generator runs smoothly for Depreciation run.
• Played significant role in system Integration testing.
• Worked with the functional department to design and implement new business processes around requirements.
• Participated in providing Procure-to-Pay (P2P) life cycle support.
• Setup and Configured GL, AR, AP, FA, PO, CM, ADI, version R11i.
• Enhancements to Internet Expenses functionality.
• Implemented Oracle Cash Management for bank reconciliation
• Set up new account combinations and cost centers in the Oracle application.

• Developed the new chart of accounts.
• Performed hands on configuration setups for GL and AP, including budgets, multi-org & multi reporting currency.
• Participated in setting up of Multi-Org for managing multi-org setups.
• Participated in Setting up Asset Key Flex fields, Asset Categories, Asset Locations, and Asset Calendar.
• Defined Sub Ledger Accounting Methods.
• Responsible for full cycle accounts payable; review of internal travel and expense reports.
• Defined currency translation, conversion, revaluation and set the profile options for GL.

My position was working support and system administration in the Home Offices in Weehawken and Jersey City, NJ. This review is relative to IT, not the brokerage or bank side.

I worked at PaineWebber before it was purchased and eventually re-branded as UBS. As PaineWebber, the opportunities were great, management seemed to care about its workers, and the value added to the company was appreciated.

After UBS took over, everything (and everyone) became a number. Can we save money by laying off employees and outsourcing development? Sure and the product was released in 1 week instead of a month. The release reports look great to upper management, but what they don't tell you is that support spends the next 2 months fixing a broken product or they need to replace it all together. Eventually the mantra became "outsource everything" and managers were more focused on keeping their jobs than worrying about the employees under them. "Management cliques" formed and the average worker was left to fend for themselves. When one manager left (usually to another company) about 2 to 3 middle managers left with him or her. The employees that remained usually got an "offshore" manager that didn't even bother hiding their disdain for the group they inherited. Within one year I went through no less than 5 management changes.

Year end reviews were treated with a bell curve. If there were 5 employees in the group: one had to be bad, one had to be good and the rest were average. The unlucky person selected as "bad" had the things they did wrong magnified to show they were really bad. The "good" employee was usually the person that deserved it (sometimes manager's favorite), and the rest were average no matter how many nights and weekends they worked (it was to be expected). If a manager submitted their reviews as all average to good, the ratings were changed to fit the curve.

All of this is a moot point anyway, because by the time I was laid off, most of the employees were gone and replaced by contract workers anyway. My friend who was laid off before me was hired back as a contractor making twice as much hourly than before, so I guess he's got that going for him.

General work involved a mix of marketing and financial reporting. As the marketing intern, the main responsibilities were to perform social media advertising and client research for the team. Financial reports and data sheets were constructed and prepared for the team in preparation for meetings, and the team's website and marketing materials were kept in check and up to date.

Working for UBS Financial Services provided me with great experience in wealth and investment management. My analytical skills were continually tested and developed as I conducted research for the team and completed increasingly complex projects. I gained proficiency with different softwares, such as Lord Abbott and Morningstar Tools programs.

The co-workers I had with this team were all experienced in their fields and allowed me to learn much from them. Through the different members, I consistently learned more about accounting, finance, and customer service. 

As a part of the team, I was able to utilize my skills with computer sciences, customer service and marketing. My knowledge of Microsoft Excel and the more complex functions of the software allowed me to enhance and expand the team's client portfolios. With my knowledge of social media advertising and website management, I was responsible for promoting the team's business and services to local clients in nearby counties.

One of the best experiences of this internship was the opportunity to continually learn about finance, accounting, management and marketing while doing my work. Assigned projects and tasks were often deliberately designed in some way to allow me as an intern to learn from the business and gain experience from it.

Speaking for Wealth Management business.  After 8 years, the layoffs finally caught up with me.  Company has been in downsizing mode for years and layoffs are a regular occurrence.  But at the same time, they are hiring people?  Go figure.  Seems like they are churning the staff to bring in the people and form the teams the way they want.  Company is going through a lot of changes.  People being asked to do more with less resources.  A lot of good people going out the door, both on their own and by RIF.  Very serious brain drain.  No raises in years.  Little to no bonuses in years.  Reviews are a joke - they make no sense, and no one can really explain how they really work, except in corporate-speak.  A lot of people got downgraded this year for no apparent reason.  Seems like they are trying to drive some people out without having to lay them off.  Then, if they don't go, they get laid off because they were deemed to be a weak link.  Then they can bring in the people they really want.  Decent benefits when they're not cutting back on them.  Lots of technology outsourcing; developers brought in from consulting companies who have no business being there.  Atmosphere being driven more and more by Type A overachievers.  If you are part of an inner circle, you will go somewhere.  If not, good luck - you'll be spinning your wheels.  There are still lots of old Paine Weber people there who are fairly well entrenched and liked.  Investment banking business has been re-morphing for years.  No stability there while they try to figure out what they want to do with it.  Don't know anything about Global Asset Management business, but my sense is they are not an industry leader.  They generate the least amount of revenue for the company.  

UBS was a fantastic company to work for. A typical day began with ensuring all Account Transfers were entered into UBS software system before the 10am deadline. Once completed, I would ensure all new account paperwork was correctly filled out and any and all changes were made to the account. Around mid-day I would receive incoming checks and apply the deposits to the corresponding accounts. Through out the day I would also assist in entering stock tickets and trades as needed. Aside from my own responsibilities I would assist my two close quartered co-workers in whatever they needed. 
I really learned a lot in my short time at UBS. It was my first job after graduating college and it was exciting to watch the financial advisors  in action and learn the ins and outs of the market first hand. The management at UBS was wonderful, I formed a great relationship with all of them. They quickly saw I was a hardworking, fast learning, respectable "kid"...as they called me at the time. My co-workers were a great bunch, they were all fairly seasoned employees and really took the time to ensure I understood what was expected of me and were very patient in transferring their knowledge onto me.
The hardest part of the job was deadlines. Often times I was presented with a trade, or new account paperwork or a check that needed to get done within minutes of a deadline. Luckily I'm cool under pressure and always got the job done. The most enjoyable part of the day, honestly, was the end of the day. I never left the office stressed that I did not complete something or have a co-worker  disappointed in my work. I understood what was expected of me each day and just did it so I could feel good leaving and start the next day fresh.

I was busy with three tasks all the time. Daily work adjusting feeds and maintaining tables and databases. Quarterly work, regulatory change projects requiring testing of multiple environments. Using Mercury ITG and QualityCenter to assign tasks back to IT groups to implement fixes in release cycle. Long term projects being the third task. Every day was composed of some mix of the three depending on the time of year.
I learned a lot. I acquired experience with Mercury ITG, QualityCenter, SAP Business Warehouse, Business Objects, Access, and all internal systems at UBS. All of which I had very little to no experience with prior to the job.
My managers were very good. Kept me busy with weekly assignments that became automatic assignments over time. Apart from my team, and my bosses I reported to, I had no other contact with management.
I loved my team, we worked well together, everyone brought something to the table, our projects were always bright spots on the floor.
Hardest part of my job was getting access. I realize this is fairly generic, but it applies across the board. In projects where I needed to get in contact with people at the level of Director or higher, it was like I didn't exist. I found the process of having to CC my boss and their boss after the second email with no response dramatic. Everyone was out for themselves, which is more apparent now more than ever. Also starting, there was a very poor introduction to what my role would be and what tasks I would be responsible for.
The most enjoyable part of my job was rarely having any of my work come back as problematic. Emergency changes were stressful, so I prided myself on catching as much as I could before it became a problem in production/reported data.

The job and responsibilities are tough, it needs full concentration to get the right information needed and must be accurate in pulling documents. The managers are the worst, they come there, talking all the nonsense (eDiscovery Dept) but they don't have clues how the job gets done. So if we suggested how to make the processing better they often ignored and they rather implement their own way of doing our work so most of the times, the jobs becomes more harder than it was. Mainly the manager from 2014 to 2016 in that department was so unprofessional that all he does at the department is to play around, talk nonsense, chit chat & sleeps around with some of the coworkers. He wasn't distributing the annual pay increase evenly to the employees rather he gives more increase to the people that he bought on board after us (all the people that he help to get a job in the dept). It was a total mess because he did not like us ( the employees that doesnt praise him) We just wanted to do our work finish the job and go home, he couldn't respect that. He has all his favoritism and those employees gets away a lot, so if the manager talks and talk about his personal issues in his life, all the butt kisser stop working and chats with him for hours. So those that doesnt give him the attention he needs to feed his ego, he gives us a hard time. Its a kindergarden in that department. But I believed that the rest of UBS dept except for eDiscovery Dept. are functioning with high standards and great work ethics overall.

If you work for yourself as a financial advisor with a successful practice this could be among the best places to work not just in the industry but maybe even in the entire country. 

If you're on the support side it's a decent company with good European benefits. But your level of happiness will depend on the people you support and the management you have (which seems to change quite a bit). I can say that most of the people at UBS are decent people, but there is definitely some level of nepotism with regards to selecting management positions.I had a decent manager, but some of them are chosen purely for political reasons (like their distant relative is a big client).

Also, if you're young and attractive be prepared for the "old-timers" who will envy you. Why? Because they have worked there so long (likely underpaid and under-appreciated) that you couldn't wipe the miserable look off their face if you tried. It's these types of people that made it hardest for a young woman with no finance background to work there. 

The hardest part of working at this type of job is learning the business, it's quite different from working at a law firm, which is where I came from. They also pressure you to get a Series 7 which is an extremely hard test for someone without a finance background. 
I was ultimately asked to leave after failing twice, I ended up going back to my old job. I don't miss anything about UBS except the free lunches and extremely clean office.

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