Total in the U.S STRATEGIC PLAN AND DIVERSITY LEADERSHIP

Transcription

1 299 Park Avenue New York, NY Phone: (212) LOCATIONS CAMPUS & LATERAL DIVERSITY RECRUITING LEADER Regina Gonzalez Campus Recruiting Jessica Rodino Professional Recruiting UBS operates in over 50 countries and from all major international financial centers. The main offices worldwide include: Chicago, IL New York, NY Stamford, CT Weehawken, NJ Basel Hong Kong London Tokyo Zurich THE STATS Total in the U.S Total outside the U.S Total worldwide Number of employees 77,783 83,560 STRATEGIC PLAN AND DIVERSITY LEADERSHIP How does the firm s leadership communicate the importance of diversity to everyone at the firm? Our leaders are very committed to diversity and this commitment is communicated in a number of ways: Town halls Videos Brochures s Memos Intranet sites Diversity events Newsletters career message boards, expert resume reviews, the Vault Job Board and more. 283

2 Who has primary responsibility for leading overall diversity initiatives at your firm? Managing Director, Global Head of Diversity, Investment Bank Milton Irvin, and Managing Director, Global Head of Diversity, Mona Lau. Does your firm currently have a diversity committee? Does the committee s representation include one or more members of the firm s management/executive committee (or the equivalent)? How many senior managers are on the committee, and how often did the committee convene in furtherance of the firm s diversity initiatives in 2008? Total senior managers on committee: Five Number of diversity meetings annually: 12 UBS has several diversity committees: Diversity advisory council Executive diversity council Regional diversity boards Minority leadership council Our regional diversity boards are in 10 locations globally, comprised of senior managers across businesses in the U.S., U.K., France, Germany, Italy, Spain, Switzerland, Asia, Japan and Australia. In addition, we have a number of diversity committees at the business-unit level. Does the committee(s) and/or diversity leader establish and set goals or objectives consistent with management s priorities? Has the firm undertaken a formal or informal diversity program or set of initiatives aimed at increasing the diversity of the firm? Yes, informal Vault.com, Inc.

3 How often does the firm s management review the firm s diversity progress/results? Ongoing basis How are the firm s diversity committee(s) and/or firm management held accountable for achieving results? Diversity is one of the 10 core values at UBS. Execution of the diversity strategy is an integral part of the performance review process. Diversity is a mandatory competency in our performance measurement and management system. All managing directors are required to submit personal diversity objectives each year. How are the members of the diversity committee or committees involved in diversity activities? Yes, the members are involved in diversity activities through recruiting, mentoring programs, training programs, retention programs and community service. Types of activities include: Career development programs for women and minorities. Global professional recruiting breakfast series to educate and encourage search firm partners to diversify candidate slates. Multiple employee networks globally. Actor-based diversity training mandatory for all managing directors and executive directors. RECRUITMENT Please list the schools/types of schools at which you recruit. Ivy League schools Public state schools Private schools Historically Black colleges and universities (HBCUs) Hispanic-serving institutions (HSIs) Other predominantly minority and/or women s colleges Do you have any special outreach efforts directed to encourage minority students to consider your firm? Hold a reception for minority students: We host various receptions on campus and in-house. career message boards, expert resume reviews, the Vault Job Board and more. 285

4 Conferences: National Black MBA Association (NBMBAA), National Society of Black Engineers (NSBE), National Society of Hispanic MBAs (NSHMBA), Society of Hispanic Engineers (SHPE). Participate in/host minority student job fair(s) Sponsor minority student association events Firm s professionals participate on career panels at school. Outreach to leadership of minority student organizations Other: Partnership with organizations including SEO, LEAD, MLT, The Robert Toigo Foundation, The Forte Foundation, MBA JumpStart What activities does the firm undertake to attract women and minorities? Partner programs with women and minority banking associations. Conferences: Black Data Processors Association (BDPA), National Black MBA Association (NBMBAA), National Society of Black Engineers (NSBE), National Society of Hispanic MBAs (NSHMBA), Society of Hispanic Engineers (SHPE) Participate at minority job fairs Seek referrals from other professionals Utilize online job services Do you use executive recruiting/search firms to seek to identify new diversity hires? INTERNSHIPS Our business summer programs include: Investment banking Equities Fixed income Operations Information technology Financial control Equity research Risk management The Presidents Sophomore Internship Program Vault.com, Inc.

5 Legal and compliance Wealth management Deadline for application for the internship: Mid- January Length of the program: 10 weeks Website for internship information: The summer internship program lasts approximately 10 weeks. Each internship program includes business-specific training. In addition to the experience and education acquired on the job, interns have the opportunity to participate in educational seminars and various social and networking events. AFFINITY GROUPS All Bar None Women s Network: The mission of the network is to promote the recruitment, retention and advancement of women at UBS. It also provides networking, mentoring and leadership opportunities that encourage the professional and personal development of all employees. The Cultural Awareness Network Multicultural Network: This network raises awareness of the broad diversity of cultures within UBS and our business presence around the world, fosters an environment that leverages the culture of our members and provides a forum to promote cross-cultural understanding among all employees. LEAD League of Employees of African Decent: A forum to strengthen diversity within UBS by helping members grow professionally through training and development, career management and networking opportunities. This employee group ultimately strives to promote the recruitment, advancement and retention of employees of African descent within UBS in the Americas. Pride Gay, Lesbian, Bisexual, Transgender (GLBT): UBS Pride maximizes all employees contributions by creating and sustaining an GLBT-friendly environment where people are comfortable being open and honest about their individuality. ENTRY-LEVEL, FULL-TIME OPPORTUNITIES AND TRAINING PROGRAMS UBS offers full-time opportunities in the following business areas: Investment banking Equities Fixed income Equity research career message boards, expert resume reviews, the Vault Job Board and more. 287

6 Information technology Financial control Operations Compliance Risk management Human resources Wealth management Asset management Length of program: Varies by business. All businesses offer formal training. In some businesses, a rotational program through departments follows the formal training. Geographic location(s) of program: UBS has full-time training programs in various locations around the world. Please visit our website at for specific information about each program. DIVERSITY MISSION STATEMENT UBS will only achieve its global business objectives if we respect and promote differences in background, perspectives and expertise. This, in turn, will promote creativity and innovation and create business opportunities. Creating a culture of diversity and inclusion is critical to the success of our global business. ADDITIONAL INFORMATION At UBS, we promote a work environment that encourages all of our employees to excel and advance. Employee networks and councils, talent development programs and a broad range of work/life balance options all play a part in creating an inclusive and friendly atmosphere. UBS and its senior leaders take great pride in the strength and global reach of UBS s employee networks around the globe. Recruitment, retention, advancement and promotion of an inclusive environment are the key deliverables of our networks. UBS has essential training for senior management focusing on managing in a diverse environment. UBS also presents workshops tailored to women and minorities that focus on cultivating skills and strategies for success. The workshops provide an opportunity to learn and share tips for responding to the challenges inherent to the financial industry s fast-paced, demanding environment. UBS has also integrated diversity into all key human resources and business processes which include recruiting, orientation, training and development, objective-setting, promotion process, high-potential employee selection and the succession planning processes Vault.com, Inc.

7 The challenge of running a global firm and supporting work/life balance offers UBS the opportunity to actively promote flexible work arrangements where feasible, including telecommuting and job shares. Child care options are also available in many locations. As a global firm, community affairs must exemplify its broad approach; UBS has met the challenge through outreach programs around the world including Africa, the Americas, Asia-Pacific and Europe. At UBS, we strongly believe in diversity. Diversity is one of our core values and our achievements have been tremendous because we welcome diverse backgrounds, thoughts and ideas. We invite you to learn more about diversity and inclusion within our firm by visiting career message boards, expert resume reviews, the Vault Job Board and more. 289