New leadership is changing the culture for the worse - Assoc. Director DTCC Employee Review

1.0
Sep 1, 2022
Recommend
CEO approval
Business Outlook

Pros

The last good thing (flex) is gone with the new CEO mandating specific days in office firmly.

Cons

Too many to list. The ones that hit home for me are: -gaslighting of employees who are high performers and want monetary acknowledgment and advancement. -if you’re an assertive high performing female don’t work here (alternatively if you like to hide behind tall grass for a few years and collect a check, do work here) -surprisingly many women leaders work here but they’re not ones that like to bring other women up. Instead they use the terms like “in my day”. Well, it’s not your day, it’s 2022. - the glass ceiling is welded shut here. Only people that slip through the cracks are people pleasers and not necessarily high performers and HR is complicit. -family life is valued on paper but not in reality -extremely weak people leaders -new CEO is taking the culture back to “banking in the 80s-2000s”. The super corporate look is not what high performing employees are looking for. -ED and MD positions (hard to get promoted into) have excellent bonus structures but the people that do the heavy lifting below do not. -diversity while improving, has a long way to go and the HR team in charge of that is truly great and passionate about their mission.

Explore other reviews about DTCC

5.0
May 17, 2026
Recommend
CEO approval
Business Outlook

Pros

Very good work culture at dtcc

Cons

not many cons at dtcc

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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