DTCC reviews

3.9

75% would recommend to a friend

(1,728 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 1,728 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
1.0
Nov 11, 2015

Stay away unless you like talking more than delivering

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lot of meetings. Can keep busy throughout year without any need to deliver. If you are in the 'network' you can have a great time - great salary, bonus etc 1 month or typical short projects can be pushed through for a year or two - high job security

Cons

If you are out of 'network', you can even get no bonus heavy nepotism - in some groups you got to be chi*** to get in Corp strategy is meaningless - Risk projects goes on for 3-5 years without any need to deliver to business. Business is decreasing since the type of Products covered are small

1.0
Oct 26, 2015

VP

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Short Hours, most people run at 5 and come in 9:10

Cons

Annual layoffs in November, just before bonus. Limited promotional opportunity. Limited job applicability to the rest of the financial sector Out dated technology, theiir main client interface system has been around since the 70s. DTCC is not really autonomous as it is the creature of a few large broker dealers. Tight work spaces. Reputation suffered greatly after Sandy when this depository saw a lot of the paper it was guarding submerged under water. Incestuous, many people have never worked anywhere else, therefore many managers including MDs are highly insecure No free coffee Tattling and gossip encouraged by MDs

1.0
Feb 1, 2015
Recommend
CEO approval
Business Outlook

Pros

- Nice people - Transparent work environment, no room for fraud

Cons

- Boring work. Too much approval and control groups involved in the operation of the business caused control fatigue - Managers usually use big buzzwords without any meaning to make themselves sound like a big deal. Lots of bs during meetings, discussions that lead nowhere and have no value. - Most people seemed bored with their work. Lots of people worked here for 10+, 15+ years

Viewing 196 - 198 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.