DTCC -- how it changed from being a fabulous employer to an average one with good bonus - Anonymous employee DTCC Employee Review

4.0
Sep 13, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lot of options for training. Generous bonus. Decent work life balance. Flexible work hours.

Cons

Entry level programmer trainees(ELPT) are preferred forr promotions over seasoned and highly experienced employees. Glass ceiling for asians still exists at all levels. Unless an asian is superlative ( or superman), even if he is significantly better, he/she is ignored. The management was way better 10 years back in terms of treating its employees as "assets". Now they are being treated "fungible" resources. Lately, it has become to resemble more like a typical "penny-pinching" bank, removing pension, reducing vacation, removing annual pay raises, moving the bonus pay date farther and farther away from Christmas, removing guaranteed comp times, etc. etc. etc.

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5.0
Jun 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Good to learn and implement

Cons

Internal politics with offshore people

4.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Internal Audit's work is meaningful and provides strong exposure across risk, technology and operations. Audits tend to focus on areas that truly matter from a regulatory and risk perspective, so you're not just checking boxes. There is a genuinely strong team culture. Colleagues are competent, collaborative, and willing to help, with a good mix of experience levels that make it a solid environment for learning. There is also clear investment in employee development. Managers often have regular career discussions, and there are ongoing efforts around training, including newer areas like AI tools and capabilities. Recognition is present, and people are generally acknowledged for strong performance. Overall, it's a strong place to build audit fundamentals, gain exposure to innovation initiatives, and develop credibility within financial services / internal audit.

Cons

Internal Audit's workload is consistently high, not just during peak periods. It's common to juggle multiple audits with overlapping deadlines, alongside continuous monitoring and other responsibilities, which can make it difficult at times. Processes can be very documentation heavy and sometimes feel rigid, which is expected in a highly regulated environment but can reduce efficiency. A significant amount of time can go into formatting, reviewing and aligning work papers to methodology. Some workflows remain manual, which adds to the overall pressure and limit efficiency.

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