DTCC Employee Reviews

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Good place to work
Project Manager (Current Employee) –  Tampa, FLJanuary 15, 2018
Good place to work.
Job Work/Life Balance - good
Compensation/Benefits - good
Job Security/Advancement - good
Management - good
Job Culture - good.

Good overall rating
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Can be challenging depending upon area
Human Resources (Current Employee) –  Tampa, FLJanuary 12, 2018
Tenure is long at DTCC. Many middle and upper level managers have been with the company for decades. This can tend to create an environment that doesn't provide for a standard SOP that anyone can just easily reference. Moreover, the politics are thick, in that relationships go back a very long time, and egos are inflated the higher the role. They are moving to a more flattened structure, so that idea is that an employee should expand outward instead of move up, which really just means that most moves will be lateral for not much more pay or responsibility. The boomers up top aren't going anywhere, so it can be difficult for Gen Xers to gain any mobility.
Pros
Salary, benefits, and if you're lucky, immediate manager
Cons
Politics, culture, workload at times
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short time contract
Senior Programmer/Analyst (Former Employee) –  New York, NYJanuary 8, 2018
I was a programmer analyst .Contract was to short to give objective opinion about UPS Nice people, but lock of team work. Not very convenient location Difficult commute.
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Hard, constant work.
Security Processing Clerk (Former Employee) –  Jersey City, NJDecember 29, 2017
Work was always constant until 5:00PM. Management was always willing to teach the job. Lots of special projects with the ability to move into various Lines of Business.
Pros
You were allowed two 15 minutes break.
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Good Stable Can Retire.
Director of Global Strategy (Former Employee) –  New York, NYDecember 29, 2017
DTCC is a great company. It really is...it is the type of organization that most people dream of....you do challenging work that impacts truly the world...but you can make the choice to participate in a fast track Wall Street career or not at DTCC...it is all acceptable. I had an amazing experience with DTCC...I encourage everyone to apply and take the job even if there is a hiccup around money. But I caution the truly ambitious...if you still have your Rule the World Bug in you...well like me this will not be the final destination for you.
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Too Much Manual processing and trying to be a DAY 1 company with inefficient middle management
Risk Analyst (Current Employee) –  New JerseyDecember 5, 2017
Overall the people are hard working, but the middle management team needs to be re-vamped to get persons who understand the work being done by their directs. They are clueless so the staff has little guidance, leadership or even advocates for proper change.

There's very little opportunity for growth. Once can feel stifled in the company in repeatable work with nothing to look forward to.

There's too much blaming the workers for inefficiencies with middle management. This has resulted in a low morale within many teams.

The company needs to decide what they're good at and do it vs trying to be what they're not, wasting money, time and resources resulting in a lot of re-work or inefficiencies.

HR also needs to help employees and not just management. workers have little to no advocacy within HR.
Pros
Hard working staff
Cons
Lack of middle management that understands the day to day operations
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Let the games begin!
Sr. Research Analyst (Former Employee) –  Tampa, FLNovember 29, 2017
The management from day one the games of politics was being played. I'm a very on task kind of employee, I don't work well with the corporate games. So I didn't play along and was fired soon after.
Pros
Great benefitrs
Cons
Corporate games, not fun...
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Energetic atmosphere; Very knowledgable mentor-like management
Senior Surveillance Analyst, Risk Management (Former Employee) –  New York, NYNovember 28, 2017
I worked directly with management from various departments, such as Legal, Member Onboarding, Credit Risk, and Risk Management. My role was clearly defined and the benefit of working with multiple departments was imparted through knowledge of the end to end securities clearing system.
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Great Place, great people good company
Networking Engineer (Current Employee) –  Dallas, TXNovember 28, 2017
Excellent place to work. very supportive people and very good management group.employee benefits also very good. career growth also very good as always more opportunities to explore on different tasks.
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Not worth the Frustration
Contractor (Current Employee) –  Boston, MANovember 9, 2017
DTCC is all about numbers they dont care about much else .. as long as those charts trend in the correct direction they dont care how they are doing it . Mgmt is nothing more than Deer in the headlights when it comes to Process and getting ti done right
Pros
None
Cons
where do I begin
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Ok for college students looking to get a job right out of school
International Tax Specialist (Former Employee) –  Tampa, FLOctober 22, 2017
Good place to start your career in a financial industry if you're coming right out of college. I wouldn't recommend it for mid to senior employees. Lack of advancement for most candidates.
Pros
good benefits
Cons
lack of career advancement
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Stressful
Senior Operations Specialist (Current Employee) –  Jersey City, NJOctober 20, 2017
The work can be very interesting and sometimes tedious. The firm is very Risk oriented, which is understandable in today's environment. I felt that the management style needed some work. Nobody bothered you unless something was brought to their attention. They did not get out in front of things and were somewhat oblivious to what was happening day to day. The management team was very likable, but had a problem with confrontation. The most frustrating part of the job was that there was really no growth within your own department; however, there were some opportunities to move laterally outside of the area. The best part of the job, I would say, is the company itself. It is a good place to work, with good benefits.
Pros
Company events
Cons
Recognition
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Avoid
IT Manager (Former Employee) –  Tampa, FLOctober 17, 2017
Leadership is rudderless and trying to be all things to all people even though they have a history of failing with ventures outside of their wheelhouse. This creates a middle management culture that is contradictory and consistently confused as to what they should be doing with the people who actually do the work.
Pros
They paid well
Cons
Dying at your desk, literally.
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Productive
Java Cloud Engineer (Current Employee) –  Tampa, FLOctober 10, 2017
Good palce to learn new things , but things are not in the way we expect , very slow paced management is good and supportive , work place culture is very friendly .
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n/a
Apex Systems Consultant (Former Employee) –  Tampa, FLOctober 4, 2017
Great place to work. Able to leave the job at work and not take home after hours. Enjoyed many of the companies and team functions that were provided. Overall good place to work.
Pros
Good balance of work and life
Cons
Non
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Great Player in the FinTech Industry
Manager (Current Employee) –  Tampa, FLOctober 1, 2017
Have teleworking program; however, many managers prefer to see you in the office even though your team are dispersed throughout the world. It's a cubical work environment unless you are an executive or managing director. To move up the ranks, you have to have to network with the 'right' director(s).

Enjoy the people, business process networks, the company's purpose in the industry, technologies, and managing directors that I've encountered/met.
Pros
Business Professional Networks
Cons
None -- However, I prefer to work from home versus be in the office every day.
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fun work place
Legal Processing Specialist (Former Employee) –  New York, NYSeptember 30, 2017
Love working for THE DEPOSITORY TRUST AND CLEARING COMPANY good salary ,paid overtime, good benefit. The bad is when the stock market goes down your job not secured.
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Gret company to work for with high pay and bonuses
Technical Analyst (Former Employee) –  Tampa, FLSeptember 28, 2017
Great place to work with advancement opportunities! There is a lot to learn at this company and the people are always rewarded well with high bonus incentives. The management is well diverse and their skills are always on top of their employees which makes them a very strong company with skilled people throughout. Employees are salaried and trusted with their lunch time and work time. People are respected and there is always help when asked for it
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Nice place to work
Senior QA Analyst- (Former Employee) –  Jersey City, NJSeptember 21, 2017
Was a competitive environment. had to work hard and handle multiple projects at the same time. Was a typical 40 hours per week. Management was fair
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Productive and happy and stressfull
Customer Service (Former Employee) –  Tampa, FLSeptember 19, 2017
A typical work day at the Office is communicating with fellow Co-workers and Customers.
Learned to be a team player, and be patient
Diversity in the Workplace need some improvement
The hardest part of the job is paying attention details, asking the right question to help the client and resolve issue
Being rewarded for the job and support you give to others to make you better and the company better as a whole.
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Overall rating

3.8
Based on 193 reviews
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Ratings by category

Work/Life Balance
3.9
Compensation/Benefits
3.8
Job Security/Advancement
3.3
Management
3.3
Culture
3.5