DTCC reviews

3.9

74% would recommend to a friend

(1,725 total reviews)
avatar

Frank La Salla

72% approve of CEO

72% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,725 company reviews on Glassdoor which indicates that most employees have a good working experience there. The DTCC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
1.0
Mar 19, 2017

Toxic

Recommend
CEO approval
Business Outlook

Pros

There are some good areas within the organization but far overshadowed by dysfunctional, micromanaged divisions. ICP $ above industry average....as long as integrity not a concern....a definite pro.

Cons

No work life balance whatsoever. Management style immature, pitting team members against team members. Preference given to those that speak the jargon well regardless with lack of follow through. Mass exodus of good employees is the norm. Prior to my departure, the division I worked in averaged one good employee elective departure a month; no reaction to red flags raised. As for terminations....I was on my third E.D. in 22 months....culling of the herd is s.o.p. at DTCC.

1.0
Dec 7, 2015

avoid if possible

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Its a monopoly in its core business

Cons

Lot of politics and favourites. May even be discriminatory. Most of its managers and VPs won't be able to find a job outside the company

2.0
Jun 15, 2015

DTCC Evaluation

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits and Pay tend to be above market for management and higher level positions. In years of working there, salaries have never been cut, even during hard times. Company believes in employee self development and you may find opportunities to train up in areas relavent to your career while working there

Cons

To avoid cutting salaries, the company will lay people off. The firm has become process heavy to the point of suffering from an all "chiefs and no indians" culture. It is enmired in beauracracy to the point where it can be frustrating trying to get anything done and you may lose weeks of full time work chasing down the requests in request systems in an ever changing land scape where what worked 6 months ago does not work now. Though process heavy in terms of process specific teams and systems - you will find there is still no clear cut way to get things done that still applies 6 months down the road and the processes that exist are too many and varied for any single employee to know what the rules are today let alone which ones no longer work because of the constant changes.

Viewing 79 - 81 of 1,725 Reviews

Glassdoor has 1,957 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.