DTCC reviews

3.9

73% would recommend to a friend

(1,724 total reviews)
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Frank La Salla

70% approve of CEO

71% positive business outlook

DTCC has an employee rating of 3.9 out of 5 stars, based on 1,724 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
Jul 13, 2023

Good to Bad in less then a year

Recommend
CEO approval
Business Outlook

Pros

I use to have a whole page of pros about working for the DTCC. For the past decade I had very little negative to say. Today I have nothing good to say. Pay is nothing special Vacation time is same as the industry Benifits are awful in my opinion HR does not help with anything. They do not care about people having careers and likeing where they work.

Cons

I use to feel like I had a career and that I was working to make DTCC a great company. I no longer feel this way. I have decades of knowlege yet our managment is so poor that they don't even know what I do. I get on my 1:1 just to listen to my manager go on and on about themselves. Every few months we have org changes that are promoted as small and will not effect things. That is so far from the truth. When you keep moving people around like chess pieces because MD's leave and never take the time to think of how each individual feels people just stop being motivated. You have to make people feel like they are important. What happend to empathy and acually caring about the worker ants who are keeping things running so the MD's can go to dinner and talk about how they can make changes again. I have to mention the mandatory office days. We come to office to all sit at our desks and jump on zoom calls all day. Nothing positive is spoken in the office only people complaining about how much things have changed. To be honest I use to work 10 hour days when we could WFH and I was not unhappy about it at all. These days I watch the clock for when I can leave the office to get away from negativity all day. I can say my productivity has gone down significantly. Not because I do not want to work or be productive, it is because it is so hard to be in an office that feels like a prison.

3.0
Sep 19, 2019
Recommend
CEO approval
Business Outlook

Pros

When I first started it was a decent place to work, but as time rolled on, I understood why must people have a life span there of 3-5 years. (Hell the guy I took over for didn't make it 5 years!) My co-workers were great to work with on my immediate team, but with in the TEAM as a whole (TRM) there was a bunch of resentment. The Directors did not get along, the director in the other group was promoted a few years back and no one can really understand why? He does not do anything, he hardly shows up, and seems to have unlimited PTO. Even though his group is suppose to be technically part of ours. Im pretty sure he has something hanging over someone, to still be employed there! *The pay is not bad, benefits are decent. if Audit was informed on some of the things I was TOLD to do, I am pretty sure some heads would roll. Management is pretty much the weak link at DTCC, no backbone to stand up to other managers. Its really sad, as they CONTINUE to lose great talent!

Cons

They say the WFH program is "Very Liberal" until you acutely use it. Then they want you in the office. When I was hired, I was hired to do a job which I did well for 5 years. Then Management gets a "bee in their bonnet" about how EVERYONE should get AWS certifications! yet, NOTHING in production runs in the CLOUD! SMFH.

1.0
Sep 19, 2018

Worst company

Recommend
CEO approval
Business Outlook

Pros

Get to learn about the industry. The CEO is a good leader and is the only one in the senior management who manages to motivate the employees

Cons

Folks who are smart will figure out from the reviews how the company is. Good reviews have a response from the company and bad reviews have no response. DTCC works in a very similar fashion. As long as you not your head and do nothing you will be ok but when you share your thoughts on the company and if it is constructive feedback you 'll never be promoted or put in a dire situation. This company has gone from bad to worse in the past 5 years. The money they spend on technology to build nothing is ridiculous and then the fake the technology that never works. It is saddening that all this goes unnoticed. The worst HR any company can have. They have some leaders in HR who are tyrants but nothing is done about them. Completing my 7th year in the company, I feel bad to see the future. Management needs to bring in honest and dygnamic leaders to stay in the industry and change HR leadership completely. A firm is as strong as it's human resources and with that department being the most dishonest and corrupt department you know how bad the current state is. The employees are very well compensated to do nothing, it's surprising that all this goes unchecked by the industry. Industry players need to take a closer look at the value DTCC brings for the cost.

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DTCC Response
7y
Thank you for taking the time to write a review. Your comments and contribution are appreciated.
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Glassdoor has 1,956 DTCC reviews submitted anonymously by DTCC employees. Read employee reviews and ratings on Glassdoor to decide if DTCC is right for you.