General Counsel Investment Bank and General Counsel Switzerland | UBS AG
Emma Molvidson
General Counsel Investment Bank and General Counsel Switzerland | UBS AG
Group managing director, chief of staff for the investment bank | UBS
Since 2016, Emma Molvidson has served as the group managing director, chief of staff for the investment bank at UBS, taking on the role after being asked to do so...
Emma has taken on the cross-divisional general counsel role for Switzerland within UBS, where her dedication to overcoming industry challenges and her skilled mastering of transparency has led to recognition for the work she has done. She has shown impeccable leadership skills in regards to restructuring and implementing programs to create a more efficient and high-quality team. She strengthens this by communicating to the team as a whole both formally and informally through town hall meetings, roundtables or newsletters. Through reporting, collaboration and relationship building, she has created an in-house legal service unit which is considered a highly valued expert partner and a challenging control unit, ‘both being essential in today’s environment’. In 2014, she implemented a continuous improvement program centred on process excellence initiatives. Molvidson restructured the unit to improve the span of control and speed of decision making, and has used various staffing options to reduce costs and optimise the use of resources. This includes near shoring and offshoring, as well as balancing the in-house versus external counsel model. She has ensured that matter management systems and billing capabilities have been revised and improved. She has implemented greater transparency around services, billing and demand drivers. In addition, at the end of 2012, Emma implemented an outside counsel management program which established rules for law firm usage and approvals. The purpose of the program is to ensure quality, cost-efficiency and consistency when approving, engaging and managing outside counsel. It also introduced new tailored legal fee control reports and dashboards for both legal and the business. She has been global group counsel for the bank in times when the entire industry has been under challenge, while at the same time, continuing to focus on ‘strategic operational matters with limited resources’. When asked what she enjoys most about her role she says, ‘variety and the intellectual stimulation, but above all the people I work with: my business partners, my team and my colleagues overall’.