Things are changing - Manager DTCC Employee Review

3.0
1 Apr 2023
Recommend
CEO approval
Business outlook

Pros

1. For years, it was a “family-like” oriented environment. 2. Does not discriminate 3. Good location

Cons

1. Salaries are not competitive with other institutions, lower than most. 2. New CEO, changes this far are not in favor of employees 2a. Mandatory 3 days in office with badge tracking to confirm employee whereabouts (word of mouth is 4 days in office come 2024 which will trigger a high rates of resignations) 3. Promotions/Career growth is very difficult unless an individual in the role more senior than you resigns, then you may apply however, more often that role will be given to external candidate rather than internal 3a. Lack of training and development, junior roles suffer. Most at a junior level (less than 3 years experience) stay approximately 2 years and leave 3b. High turn over rate, results in more work for everyone else. You can find higher pay with a more flexible schedule elsewhere. 4. Moral is deteriorating. With Mike (former CEO) retired, it’s not the same.

Explore other reviews about DTCC

5.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Fast pace lots of learning opportunities, very supportive management great co-workers.

Cons

Sometimes too many meetings to get in the way to get the job done.

4.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Internal Audit's work is meaningful and provides strong exposure across risk, technology and operations. Audits tend to focus on areas that truly matter from a regulatory and risk perspective, so you're not just checking boxes. There is a genuinely strong team culture. Colleagues are competent, collaborative, and willing to help, with a good mix of experience levels that make it a solid environment for learning. There is also clear investment in employee development. Managers often have regular career discussions, and there are ongoing efforts around training, including newer areas like AI tools and capabilities. Recognition is present, and people are generally acknowledged for strong performance. Overall, it's a strong place to build audit fundamentals, gain exposure to innovation initiatives, and develop credibility within financial services / internal audit.

Cons

Internal Audit's workload is consistently high, not just during peak periods. It's common to juggle multiple audits with overlapping deadlines, alongside continuous monitoring and other responsibilities, which can make it difficult at times. Processes can be very documentation heavy and sometimes feel rigid, which is expected in a highly regulated environment but can reduce efficiency. A significant amount of time can go into formatting, reviewing and aligning work papers to methodology. Some workflows remain manual, which adds to the overall pressure and limit efficiency.

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