Our roles depended on which rotation we were on. A lot of the time was spent networking, suggesting trade pitch ideas, presenting on various projects for our desks and consolidating our market knowledge. We also participated in daily trading games and weekly market discussions, and had multiple speaker session arranged for us virtually from global representatives from different divisions. We had the flexibility to make our days as busy as we liked them, which was a bonus.
My role included rotations on a sales desk and trading desk. Day-to-day work included reading up on the technical side of the desk, asking the team questions, networking, keeping up to date with markets and working on my desk projects. Desk projects varied from creating a stock pitch to analyzing risk to investigating client relationships. I also researched trades for a virtual trading game we played and had meetings with my team.
I was part of the Credit Risk team. The main goal of my internship was to create a unit testing coverage report for a given R Model. A typical day would consist of working in Risklab (R language) to perform unit testing (testthat package), create functions and file coverage reports (covr package) and integrate my work within Gitlab. We would also have daily stand-ups where you would give an update about your assigned project.
First we have a daily team standup where the team discusses the plan for the day and people have the opportunity to ask for help. Next you start work on whatever has been assigned to you. Throughout the day their will be various meetings that can include interesting speaker talks organised by HR.
As an intern there are a few different focus areas: - Actual work- working alongside your team and assisting them where necessary. I was given several tasks to help and improve the processes my team used. For example, one task was looking at analysing headcount- how many people have left/joined etc. Another was looking at analysing the Client Alert Data i.e. when clients have issues (looking at what the issues referred to, which employee they were assigned to, time trends, how serious etc). But obviously this was only one aspect of the overall COO book of work. - Networking- we were really encouraged to network across not only COO but the wider Investment Bank. I would organise 3-5 30 min meetings per week to learn about the different areas within UBS and meet different people. Everyone was super friendly- definitely a highlight of the internship! - Learning- we were also really encouraged to learn about how the Investment Bank runs, the different areas, products, structure etc. There were lots of great internal resources for this such as the UBS university.
On a day-to-day basis, my tasks would vary a lot. I could be creating pitch presentation, teaser documents and management presentation for clients. I could be in client meetings or I could be creating company profiles and complicated excels for trading comps or backups for presentations I am creating.
I was part of the AM COO Business Management team. As part of the team, I was placed on a variety of projects and was even given the opportunity to take responsibility for an important piece of work regarding the control environment. Much of the role involves analysis on excel and creating PowerPoint presentations as well as other documents. I would also attend many skype meetings with team members and different AM functions. I would also help and reach out to team members to support their work.