UBS has set new
standards for its 5,000 client advisers by 2015 as a part of
comprehensive certification process for retail banking, wealth
management and corporate client advisers.
The accredited
certifications covers different issues relating to products,
financing, investments, regulation and risk in different business
areas.
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Wealth management staff
will receive Certified Wealth Management Advisor CWMA certificates
once the training is complete.
“As client requirements
and regulations constantly change, the certificates, issued by
independent trainer SAQ Swiss Association for Quality will have to
be renewed every three years,” the bank said.
UBS Switzerland CEO
Lukas Gähwiler said: “With the external recognition of
certificates, UBS is setting a new standard. The certification
process boosts leading role played by UBS as a training bank, and
allows us to offer our staff exciting development
opportunities.”
UBS offers staff a broad
training program as part of its in-house Business
University.
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By GlobalDataLast year, a total of
150,000 training units were completed in Switzerland alone. UBS
also has 1,800 training positions, which will be further expanded
as part of the training initiative launched in mid
April.
