Students gain experience at UBS

UBS Fund Services Cayman Ltd. recently hosted 12 students through its summer intern program for the past three months.


Summer Interns left, Arlene Ocho, Chelsea Aron, Harrison Whittaker, Derri Hill, Zyred McLaughlin, Sade Wood, Jessica Angel, Morris Swaby.

The students, depending on their areas of interest and skills, have been placed in a range of departments including Compliance, Banking Operations, Human Resources, Information Technology, and Hedge Fund Accounting.

In light of the current economic climate, Darren Stainrod, head of UBS Fund Services, said, ‘UBS is committed to providing training opportunities to young Caymanians, as part of its philosophy of making a positive contribution to the local community.’

Mr. Stainrod, said, ‘This opportunity allows the interns to get a real sense of the business world and exposes them to the operations and demands of a professional services firm in the hedge fund industry.’

The students have also participated in UBS’s employee training programme by attending introductory courses on hedge funds and financial instruments.

Jessica Angel, who graduated from the Certificate program at UCCI, has been undertaking a role in the centralized pricing team. One of her key responsibilities involves pricing underlying sub-funds.

‘I have gained a lot of experience and confidence since I started at UBS. I have learnt that being accurate, asking questions, and completing tasks on time are vital qualities needed in the workplace. I think that UBS is a great place to work because people are friendly and helpful, and the guidance provided by my supervisors and mentors,’ said Ms Angel.

Harrison Whittaker, who will be attending Florida International University, has been working with the Fund of Funds division.

Some of his responsibilities include setting up fund portfolios, reconciling trades, inputting shareholder transactions and recording accounting entries. Mr. Whittaker said,

‘This is my second year at UBS and it has been a great learning experience. I’ve learnt many things that will benefit me such as the importance of organization, communication, and people skills. I have no doubt that this experience I’ve gained will lay a foundation for my future career.’

Arlene Ocho, who interned in the HR Department said, ‘My internship was an enlightening and most rewarding experience. I worked under the supervision of Mr. Phil Jackson where I gained invaluable knowledge in the field of Human Resources and received sound advice toward my career development. Mr. Jackson has been an inspiring role model and has been instrumental in enhancing my interest in the HR field…’

If you are interested in participating in the 2010 UBS summer intern programme, please send a resume and cover letter to Phil Jackson Human Resources, UBS House, PO Box 852, Grand Cayman, KY1 – 1103 by March 2010.