Risk Analyst Review
by UBS
This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.
Rating
-
The Role
3.4
-
The Company
2.4
-
The Culture
3.3
- 1. To what extent did you enjoy your work placement or internship?
- 2. To what extent did you feel valued by your colleagues?
- 3. To what extent were you given support and guidance by management/your supervisor(s)?
- 4. How busy were you on a daily basis?
- 5. How much responsibility were you given during your placement?
- 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
- 7. What was the general atmosphere in your office?
- 8. How well organised was the overall work placement or internship set up?
- 9. In terms of personal training and development, to what extent did the company or firm invest in you?
- 10. What were the perks on your work placement?
- 11. How appealing are future employment prospects within the organisation?
- 12. Was there a good social scene amongst any fellow placement students/colleagues?
- 13. What was the cost of living and socialising in the area you worked in?
- 14. What was the Nightlife like in the area you worked?
- 15. Were there many opportunities to get involved in activities outside of work?
The Role
The internship was in Risk Control in the reporting team. The work was highly repetitive and procedure-driven, there wasn't much scope for creativity or self-initiative.
As a placement intern, basically we are just cheap labour, meaning we do a lot of valuable work, so definitely you will be given substantial responsibilities.
There was not any training of any form, except free online courses. My first manager was very inexperienced and not a very leader/mentor. My second manager was good though, had tremendous experience, although quite often absent in terms of mentoring.
In market risk it was very busy every day, but in credit risk there was more flexibility in terms of work. But because the work is very procedure-driven, after you get used to the procedures, the work gets really dull.
As placement interns, we didn't do less than full-time employees, and of course you can always ask for more work if you want.
Definitely helped me a lot to re-focus my future career, and helped me understand the banking industry much better. When I return to final year at uni, I've chosen a few core modules that I feel are most relevant to the industry, based on my experience in the internship.
The Company
It was ok, some teams are more sociable, but it depends a lot on your team members, how talkative they are.
Was average, but the lack of formal training was really disappointing.
Like said before, placement interns are just short-term cheap labour, no investment in us as no expectation we'd stay, new comers arrive every year. But tbh it's not their fault, think that's the industry standards, trust their graduate programmes should be much better.
Flexi Time
Subsidised Canteen
Sports and Social Club
Company Car
Subsidised/Company Gym
National Travel
International Travel
Financial Bonus
Company Parties/Events
Staff Sales/Staff Shop
Above 25 days holiday
Working from home
Healthcare from home
Healthcare/Dental
Travel loan
Not good, becasue of extensive cost-cutting
The Culture
Depends on people's personalities, in Risk it wasn't very lively unfortunately. But in Asset Management, the interns are more sociable and fun.
Pretty expensive in London, in terms of food & drinks & accommodation.
Good pubs, restaurants and clubs, Shoreditch is just 1 stop away.
They promote quite a lot of volunteering opportunities, but honestly very boring and 'official', more or less for a show.
Details
Placement (10 Months+)
Banking
London
July 2015
