Who does that? - Senior Associate DTCC Employee Review

2.0
20 Apr 2026
Recommend
CEO approval
Business outlook

Pros

I know I will not be fired immediately but that is because I am lucky enough to have a good manager. Everything good I have to say is about mymy immediate team. I am given a lot of autonomy and am encouraged to try out new technologies. I am able to take pretty much any training I want so long as it does not cost the company anything. My work life balance is decent though anchor days are unforgiving and the practice feels arbitrary

Cons

Unless you are a people manager you will hit a professional wall and will not see a salary increate. I have been making the same salary+bonus for about 5 years. The management is hypnotized by AI right now in ways that donot make sense. There is no concrete plan or clear business use for it. No examination has been made at all about environmental impact or ethics. Teams across the company are forced into using it in ridiculous ways. For example: answer questions, take a screenshot, and load the screenshot into AI to come up with our own professional development plans. The company pays a lot of lip service to environmental consciousness but does not answer questions about how their demand for AI in our everyday workload matches up with it. Treats long-term employees like trash. I have 2 concrete examples: 1. A colleague from Automation worked here for nearly 30 years. He got shunted into Automation with people who did not understand the business at all and treated him like a dog and built up an HR case for his letting go in the March 2025 mass firing. His managers made terrible decisions and counted on him to implement them all. He kept all of the Automation bandaids in working order. His managers never knew how much he did to keep everything from falling apart. I have no window into that group anymore but I can only imagine what the guys are up to over there. Meanwhile, this poor guy still is traumatized from his last years there when he seriously experienced literal gaslighting abuse from his manager. His entire personality revolved around role of provider for his family. He endured the abuse to make sure his kids could go to college then the rug was pulled out from under him for good. Who does that? 2. The Training team had one veteran left over from the old days when a team of guys would travel around the country and teach customers inperson how to use DTC products and services. This one last guy knew everything about the business and was probably the most valuable resource they had going. He also was hit by the 3/2025 mass firing. I think he was here for 50 years! I heard an announcement of his "retirement" and knew it was BS. Confirmed later that this was not voluntary. Again, who does that? 30 yrs, 50 yrs, and this is the thanks they got.

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Pros

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Cons

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4.0
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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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