Good place to work, but, needs to get better. But, Without any competition why should they. - IT Professional DTCC Employee Review

4.0
18 Jan 2012
Recommend
CEO approval
Business outlook

Pros

Educational benefits... If you just started there USE IT. If you move on, you will thank them. Pay is good. Which makes it hard to leave. You just have to get your foot in the door and you can stay forever. They will be around for a quite a while longer, unless the finanial system is overhauled.

Cons

Bonus is based on what they think you did in the last 3 months. Your goals and objectives are not even filled out until the end of the year and even then you can modify them to fit your view. Some VP/MDs use bonuses to make sure you sing his/her song and not tell what really needs to be done. Senior Executive management wants to see the changes, but, MDs and VPs have come up through the ranks and have never been given the training required to REALLY do their job. Employees and lower level management are given the training or they are hired in with the required skills, but, soon find out their VP or MD don't understand why they should change or worst they dont want to make waves... Most changes, like the adoption of the ITIL practices and RISK, happened because of the pain that was felt from shooting themselfes in the foot.

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 June 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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