UBS uses H1B for new Family Office MD, Pays $500k
UBS continues to file H1Bs and apparently couldn’t find anyone within the entire country to fill the MD role
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https://h1bdata.info/details.php?id=i-200-25127-947561
Some big salaries
wait can anyone explain the top 2 lines on the chart, that 1.5m & 2m for base salary?
Using the database I count 30 new applications for H1Bs for GB in New York just this year
You aren’t suppose to use H1Bs on entry level jobs
Wonder what his full comp is, anyone have a guess?
You should really seek some help, it is not normal to be this obsessed with your ex-employer.
UBS isn’t “normal” bad, it’s setting the gold standard for dysfunction and poor performance
“Leave the multi billion dollar corporations alone!!”
Who is the MD that started this month, is he any good?
I am not sure UBS has had any notable MD hires this month at least none that have been publicly announced. The last big ones were 3 biotech MDs and 3 tech/software MDs.
Form says submitted in May and employment started in October, not sure if press release worthy though
UBS hates Americans
It's a Swiss bank lol
Solid find. How did you even find this?
The internet is an awesome and terrible place
Classic.
Is that the Banker or the case processor?
Would be funny if they even internationally outsource processing H1Bs
The case processor ("immigration case manager"). POC means Point of Contact
When UBS deferred half of the analyst class that was supposed to start in July 2023, they explicitly gave preference to internationals (aka zero internationals got deferred). Meaning, they discriminated based on on citizenship status, based on already signed employment contracts with non Americans favored. UBS 100% should be investigated over their immigration practices.
How is there not already a lawsuit?
It happened in 2023 when evaluating people on merit was considered "problematic" by the powers that be
Also these were for analyst positions
Trumps $100k/year for H1Bs would end this shenanigans
I'm just curious why would UBS ever need to discriminate Americans considering they are infinitely better cultural fit than kids from Asia + likely better language skills? The vast majority of internationals don't even fit in the DEI category and these kids cost more to higher....So, a profit seeking enterprise would only do this if those international students are actually materially better than the domestic counterparts, and if UBS actually did what you said did then seems like they just thought internationals were simply better.
Better because you can control them better. Can give worse bonuses and attrition rates are lower because they end up being “stuck”
The internationals from that class and in general, weren’t better and were in fact, worse. UBS just wants easier to control slaves.
MDs at UBS making only $400k: (-______-)
I’m sure an H1B with an accent will have great odds at winning bake-offs in the US
Dear Mr.Trump, Please don’t take me
So this is what the sell side gets up to on a weekend
H1Bs a complete scam for the American people and the reason why this country is going to shit
Stop being a rasisct asshole
This entire thread is pure racism and this was the comment you focused on? hahah
and no i'm not indian/offended, just noticed this funny interaction
the number one most important trait for whether or not you are going to have a bad time on a staffing at UBS is "did my MD/ED/D attend high school in the united states" or "did my MD/ED/D attend HS in India, turkey, middle east, korea, China, or was sent to a british boarding school from one of those countries"
I have noticed the same and have acted accordingly. Im not an american myself but working for only the white american MDs has made my life so much better.
H1Bs in senior positions make UBS a hellish place to work
I think in general they have focused on following the American way in a very strict and absolutist way, without understanding why.
They tend to undervalue practicality and efficiency, in favor of following the exact process in every situation. Almost all of the non-American leaders I’ve had are also extremely self centered and willing to sabotage everyone around them to get ahead to an insane degree relative to the typical American who are often better team players
Its not even H1B filing season retards
Look at the link it shows the dates
Deport them and seize his assets
Bro why are you so obsessed with UBS? Go get laid
I recently met some bankers from UBS (formerly CS) at a banking meeting. And I can tell you that, in terms of their level of expertise, they are more on par with what I usually see from 1st year assos of small savings bank.
it's a Swiss bank, so cry more
You’ve raised a good point about UBS apparently using an H-1B visa for a senior family-office MD role at a $500K salary — that’s definitely unusual in the context of visa practice and compensation norms. while for health care visit visagesculpture
What % of US employees are on H1Bs? Please remind me
Let me express myself clearly -I’d rather work as a nanny or some other form of hell than work at UBS as a banker but…
The people complaining work at UBS. What else do you deserve when you make that decision.
It used to be fine before merger… now it’s a total shithole from hell. Anyone who knowingly signs up for this shit in 2025 is dumb as fuck.
Wow, $500k for an H1B MD at a Family Office — that’s definitely eye-catching. Sounds like UBS really wanted someone very specific for the role.
Makes you wonder how many other firms struggle to fill senior roles domestically and end up going the H1B route. I’ve actually been tracking similar hiring trends with Phonexa, and it’s crazy how niche some of these searches get.
complaining about MDs getting H1bs as the reason for why you're unemployed is midwit behavior. Skill issue.
I think for sure Wall Street should re-examine its workforce, particularly among those on H1B visas. Can you imagine that if you don't speak Chinese, you'll have trouble completing your job in New York or Los Angeles, where the majority of clients are Americans? These Chinese and Indian mafias are also likely to be spy networks. As a result, skilled Americans will never get those high-paying financial professions since they are perceived as not fitting into the team's "culture" unless they choose China or India to the United States.
I think hiring a Director or MD on an H1B is totally fine.
The issue lies with hiring analysts to VPs. I really doubt that any of these positions can't find an American candidate who meets the minimum requirements. They may lack domain knowledge, but that's something you can always train them on. It just doesn't make sense to hire H1B for roles below Director when the youth unemployment rate is so high right now—there's a lot of untapped American talent that could be developed.
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