Cash and Collateral Management - was involved with placing UBS's Treasury amounts with different brokers. Dealt with interest claims and also resolving Nostro / larger account breaks, and finally minor involvement with segregation of client money.
1. To what extent did you enjoy your work placement or internship?
It was OK - there's only so much you can learn in 8 weeks, but there were chances to go and explore other areas and see how an investment bank works.
2. To what extent did you feel valued by your colleagues?
Very welcoming and happy to help out with any issues.
3. To what extent were you given support and guidance by management/your supervisor(s)?
Manager seemed to be a hands off person - there was a person who had joined the team six months earlier who seemed to manage me more.
4. How busy were you on a daily basis?
Not a great deal going on - naturally only so much you can teach someone and expect them to do in 8 weeks.
5. How much responsibility were you given during your placement?
Reasonable amount - however always someone checking your work for errors.
6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
Interesting to put the finance I had learnt about into practice in further university modules.
7. What was the general atmosphere in your office?
Quite lively in terms of going out for drinks / lunchtime events - fairly lighthearted in places.
8. How well organised was the overall work placement or internship set up?
There was a distinct lack of further opportunities to stay with the firm, sadly - the issues that UBS had passed on to the whole programme.
9. In terms of personal training and development, to what extent did the company or firm invest in you?
There were three days of initial training - I felt there could have been a lot more with a lot more of interest / usefulness available.
10. What were the perks on your work placement?
11. How appealing are future employment prospects within the organisation?
Unfortunately UBS only employed 2 out of the 12 interns they had. I appreciate it's difficult to separate us when we have a lot of difference in roles but this was disappointing.
12. Was there a good social scene amongst any fellow placement students/colleagues?
Yes - but I would note this was predominantly self-organised, very few large events / evening drinks put on by the company.
13. What was the cost of living and socialising in the area you worked in?
Not too bad - although being in London wasn't the cheapest!
14. What was the Nightlife like in the area you worked?
It was OK - lots of pubs / bars which were visited on occasion.
15. Were there many opportunities to get involved in activities outside of work?
Not to a great extent - again these were predominantly self-organised.