Singapore, 10 June 2020 – UBS announced today that it is creating a new UBS Singapore University Program for Employability and Resilience (UBS-SUPER). UBS-SUPER is a learning platform to help graduates and mid-career individuals develop sustainable skills that will equip them for the workforce of the future in the Financial sector.
“The vision is to create the financial workforce of the future,” said Edmund KOH, UBS President Asia Pacific. “UBS is partnering with the Singapore government’s Job Support Scheme to develop this innovative program that will tap into UBS’s preeminent position in financial learning to create 300 new jobs in the industry. UBS has the knowledge and experience to make this happen and in partnership with the Job Support Scheme, we are confident we can make a difference.”
The UBS-SUPER program will not only create a pipeline of financial talent for the future of Singapore, but also help job-seekers navigate a challenging job market over the next 18 months.
COVID-19 has accelerated the pace of change we’re seeing in the traditional ways of working. UBS is pleased to develop this new platform which will significantly change the way our workforce learns, helping our people adapt to the new world. It will also provide training and job opportunities for fresh graduates and mid-career professionals, to equip them with skills and experiences that would be valuable as we move into the recovery phase following the pandemic. These initiatives complement national efforts and are aligned with the workforce development priorities of the Monetary Authority of Singapore.
“We are delighted to support UBS in their initiative to help jobseekers. Covid-19 has transformed the workplace and finance professionals will have to adapt to a new normal, where deployment of digital technology and automation are even more prevalent. IBF has been working with our industry partners in pushing this initiative. As a major financial institution, UBS is well-placed to help finance professionals acquire essential skills and experience to be future-ready.” said NG Nam Sin, Chief Executive Officer, Institute of Banking and Finance Singapore.
UBS, which employs almost 3,000 people in Singapore, celebrates its 50 years in Singapore this year and is committed to helping the city emerge stronger as a financial centre in the post-COVID-19 environment. The new UBS-SUPER learning platform will help future-proof the workforce and prioritize the on-going employability of Singapore citizens, while increasing the resilience of the banking infrastructure.
“UBS-SUPER is also a promise to upskill our own people to give them the capabilities they will need in the future.” said August HATECKE, UBS Singapore Country Head and Co-Head of Wealth Management Asia Pacific.
This Program is additional to the firm's ongoing Graduate Trainee Program and Undergraduate Summer Internships which will continue to run as usual.
UBS in Singapore
Singapore is one of our top two major international booking centers for UBS's wealth management business in the region, headquarters for UBS's investment banking business in South Asia, and the single trading hub in Asia for FRC (FX, Rates and Credit).
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management, Corporate Institutional Clients and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook. UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).