Avoid Luxembourg office! - Transfer Agent UBS Employee Review

1.0
Apr 24, 2019
Recommend
CEO approval
Business Outlook

Pros

Salary over average, in order to make a career you just need to obey.

Cons

I am to give my feedback on Luxembourg. Well, in short: no Management= UBS management in Luxembourg. No decisions taken in Luxembourg. Ppl are promoted to managers because they are good technicians but have absolutely no people skills. These same people know they are getting away with it as long as they say yes to everything. Noticed two dominant features: - passive aggressive attitudes as no one dares to critizise since it will backlash on you. - Agressive male orientated approach where the highest position will exercise the authority by shouting, demoting, - Impossible to move internally, they are not open to change at all. They don't encourage internal change.

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5.0
Jun 29, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Supportive and collaborative team environment.

Cons

Career progression may depend on team structure and available headcount.

3.0
Jun 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Good Learning opportunities, Tech savvy compared to other banking / fintech companies

Cons

Too much offshore, low cost resource strategies, Gap between functional & IT resources, CS merger favored many UBS employees and massive layoffs post UBS - CS merger. Hardly any bonus or pay increments.

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