Culture of Fear in Risk Management
Pros
Not so much any more
Cons
DTCC has definitely changed. What used to be more of a location where you were able to say you worked in the middle of the financial industry and your job had purpose has been relegated to a new culture of strict command and control and never knowing where you stand. The culture is fear-based. Management is insecure and you don't know what mood your boss is going to be day-to-day. Many in middle management are inexperienced in people management and underqualified in soft skills. They are learning from insecure people and maybe don't know any better. People are scared to report problems as a result. Everyone just checks in and checks out. Inexperienced diversity hires are everywhere as well which de-motivates people. Tone at the top is run like the Wizard of Oz behind the curtain and there is no pulse on the ground to the people that are actually doing the grunt work. Somethings going to bust soon. You heard it here first.
