DTCC reviews

3.9

75% would recommend to a friend

(1,732 total reviews)
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Frank La Salla

71% approve of CEO

71% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,732 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
5.0
Apr 5, 2018
Recommend
CEO approval
Business Outlook

Pros

Smart people who do challenging work CEO and senior leadership focused on employee engagement, and mean it Flex work arrangements Size - big enough for opportunities to grow, not so big that you're just a number Employees are held accountable

Cons

Workload can be demanding which isn't for everyone. If you want a job where you shuffle paper to look busy, please don't come here.

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DTCC Response
8y
Thank you for your review, we appreciate the time and effort to post
1.0
Apr 4, 2018

A terrible place to work!

Recommend
CEO approval
Business Outlook

Pros

Compensation - In my opinion the company offered average to slightly above average compensation

Cons

Management - In my opinion the management is completely out of touch with their employees. They are either completely clueless regarding the corporate strategy or extremely poor at communicating it to their employees. Either way, this type of disconnect between management and their underlying employees creates a tremendous amount of distrust. And this distrust leads to employees spending an inordinate amount of time trying to fill in the blanks themselves, which is tremendously counterproductive. Additionally, many of the people in management positions, particularly at the Sr. management level, attained those positions largely as result of their political clout and not because of any tangible management skills. Culture - Some of the management issues outlined above (it is by no means an exhaustive list) has led to a culture of distrust. Many of the employees spend a good deal of their time trying to fill in the blanks left by the void in leadership. Still other employees spend their productive time speculating what might happen to the company in the future, just plain gossiping and/or jockeying for their own political position within the organization. This activity is polarizing and creates an environment wrought with cliques, which in turn leads to the exact opposite of an open, inclusive and productive work culture. Technology - In my opinion the technology is extremely antiquated. As a result, it takes significantly more resources to maintain it than it would if it were built on a more modern platform. Additionally, the outdated and disjointed nature of the technology make it difficult, if not next to near impossible, to accommodate market driven requirement and enhancements.

5.0
Mar 29, 2018

DTCC continues to grow

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Pay and many of the benefits are above average although many see them as a right rather than a privilege -MB promotes "do the right thing" and has always stood by those that do -Mission Vision and Values are representative of the good we do for the industry and economy -The Tampa office has been going through a culture change for the better over the past few years and continues to do so (causal workplace, food trucks, free coffee, employee engagement, etc.) -Work is extremely challenging and most of the times engaging -Many cross functional groups are willing and interested in working together however regulations can be stifling -There is an endless amount of opportunity to engage in Business Professional Networks, Employee Learning, and Corporate Social Responsibility events -Many passionate and talented individuals who expect greatness from all who work here

Cons

-The office space is “open” which makes for a noisy and uncomfortable environment -Upwards movement can be slow within your area however horizontal movement is available -Given the mission this can be a high stress environment (could be considered a pro as well if you like the challenge) -Recent restructure/consolidation of job titles seem to have been less of a win for employees than what was explained -The number of programs introduced within the last few years focused on reducing cost seem to have been flavor of the day -Due to heavy regulations it can be difficult to make changes and sometimes feel overly bureaucratic

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DTCC Response
8y
Thank you for your review, we appreciate the time and effort to post
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Glassdoor has 1,966 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.