DTCC reviews

3.9

75% would recommend to a friend

(1,728 total reviews)
avatar

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 1,728 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
3.0
Jan 4, 2017
Recommend
CEO approval
Business Outlook

Pros

Executives are friendly and treat all level of employees the same for the most part. Benefits are good - transit, FSA, etc.,

Cons

The bottom line is always balancing the budget and that seems to come thru work force reductions rather than executives giving up perks like car services, first class train travel between east coast cities, etc.

1.0
Dec 29, 2016

Flatliners

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay is competitive with the industry, though is likely to flat-line year-on-year. Employment is usually secure, though ultimately depends on how one's face fits. Work/life balance is good. Most colleagues are decent to work with. A good place for those back office employees no longer needed by the banks as DTCC (incorrectly) regards this as the required skills set.

Cons

An excessively political environment where the emphasis is on 'playing the game' rather than doing one's actual job. The lack of commercial thinking at all levels has led to a litany of high-profile failed initiatives over the past decade. The pre-eminence of Operations people at the heart of DTCC has led to a back-to-front culture whereby those closest to the clients have to justify their existence to Ops people. Career progression is based on ingratiating oneself with management, which has led to a preponderence of weak, deferential stooges running the show. Those with charisma, innovative ideas, and who speak the truth are invariably managed out. DTCC makes all its meaningful decisions out of the US leading to a US-centric thinking and poor morale in other regions. The US-driven politically-correct environment (policed by HR) drives some to distraction.

4.0
Dec 18, 2016

Good

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good culture, great people, and busy work place.

Cons

not that much of cons

Viewing 1489 - 1491 of 1,728 Reviews

Glassdoor has 1,962 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.