All talent in lower levels - Risk DTCC Employee Review

2.0
27 Oct 2018
Recommend
CEO approval
Business outlook

Pros

+ good pay + complimentary coffee downstairs

Cons

+never saw another company where the higher ranks are so under qualified. Directors and Exec. Directors are mostly legacy ppl and affiliate of old-boys club without product knowledge or technical abilities yet remain somehow in their roles indefinitely. You will be never finding them training staffs, leading, answering audit regulatory interrogations. They only delegating work, showing their face in meetings, and basic clerical stuffs. +company has no direction of its own and senior execs just repeating trending catchphrases. It was used to be everyday "blockchain and bitcoin" then it was "day 1 company" and every townhall was copy of Amazon's Bezos speech, now it is "diversity, equality, LGBT" and "enterprise agile". These concepts not always compatible with clearing corporation business model but they parroting these concepts all the time anyways. +advancement requirement is fraternization with the old-boys club and highly discriminatory especially if you are not white or a diversity hire +very costly insurance with high deductibles

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DTCC Response
7y
Thank you for taking the time to write up a review

Explore other reviews about DTCC

5.0
17 May 2026
Recommend
CEO approval
Business outlook

Pros

Very good work culture at dtcc

Cons

not many cons at dtcc

4.0
5 Jun 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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