Run away - Senior Associate DTCC Employee Review

1.0
28 Aug 2024
Recommend
CEO approval
Business outlook

Pros

All pros are heavily overshadowed by strong arming employees to go onsite 3x a week.

Cons

Top management keeps on parroting the "all other businesses are doing the same hybrid policy yada yada. It honestly feels like the more inconvenient and hassle it is for employees, the happier top management is. Most of our work don't require in-person collaboration and physical interaction, Zoom & Teams are heavily utilized for these matters and have been proven effective for the past years. The onsite issue will never die down nor be kept quiet because it just doesn't make sense, all it does is lower the employees' morale and ruin what little culture we have left ever since Mike Bodson retired.

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DTCC Response
1y
Thank you for taking the time to write a review for DTCC. We recognize that change can be difficult, but believe that DTCC’s 3-day per week hybrid work approach enables us to bring people together for on-site collaboration and networking while also promoting flexibility and work-life balance. This approach is similar to how most companies across industries are managing their workforce since the pandemic. Ultimately, our culture is underpinned by colleagues actively working and collaborating together in an environment where they can do their best work and contribute to the mission of the organization. That’s one of the many reasons why Forbes just ranked DTCC one of “America’s Best Midsize Employers” in 2023.

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5.0
1 Jul 2026
Recommend
CEO approval
Business outlook

Pros

Great training program for new grads

Cons

Nothing really to mention about this

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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