Good company, toxic department - Team Lead DTCC Employee Review

2.0
Feb 19, 2025
Recommend
CEO approval
Business Outlook

Pros

Health insurance is good compared to my last job Free snacks like chips and cookies Tuition reimbursement if you want to go to college Free Coursera courses to further your skills Matching 401k up to 50 percent Annual pay for performance bonus

Cons

Horrible raises People that have been with the company for years have horrible attitudes , treat new employees horribly especially those that are younger. Seems like a lot of jealousy and nepotism. They promote those that don't work as hard but just do as they say. This is a very old school company that isn't realizing certain practices are outdated. Who is forced to take 2 weeks straight PTO anymore? They dont have sick days separated from your PTO. You call out sick theyll use that as reason to not promote you. They have no care for your person life. Management is rude and targets you when you raise issues. They want you have meeting after meeting after meeting but then expect you to still get regular work done. I have team members that make more than me and i am the team lead. Pay structure not great. They pay for years of service not skills and performance when it comes to salary. HR partners with management to try managing you out the company when they no longer like you for trying to raise awareness about the toxicity in the department. They ghost interview candidates. They don't properly clean the departments. Lots of dust. Commuting from NYC isnt the best with the amount of train issues and crowds. Most departments can work 2 days remote but some are 4-5 days. Good luck asking for a second day to work remote to go to a doctor appointment. They will never forget it. Most managers want you to have skills they don't nearly possess. You do all their work while they take the credit. They have no strategic skills. They only have the positions because they have been there for years. They do not know how to motivate employees. Very lackluster. Stop spending money on retirement parties no body wants them. Spend it on things like new equipment and software. Modernization is a joke. Its 2025 and we are using systems from 1950 that the engineers cant even fix. Half the employees sit on YouTube all day long. But let you recommend a good employee to come in, they disregard all your input. They have a food vendor where u can order food from in the building but the food is not good most days. Eggs are always cold. Rice is hard.

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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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