Great company, toxic culture and highly political - Auditor DTCC Employee Review

2.0
Mar 11, 2022
Recommend
CEO approval
Business outlook

Pros

Small company feeling Good learning opportunity Good work life balance

Cons

While the company prides itself on being a diversity champion, many departments, including, internal audit, do not exercise (through action) diversity, equality, and fair treatment of all employees. The only people who have career grown and receive promotion is only if a member of the Leadership team likes and has things in common with him/her. Leadership pretends to care about career growth of its staff, however the reality is far from the truth. Qualification is constantly overlooked during promotion, and less qualified employees are promoted just because someone in the Leadership team likes the person or has "things" in common. New employees are enticed to join audit with high salary and career progression, only to find out that the only way to move up is to be liked by Leadership.  Microaggression, bias, disparaging comments, and bullying is openly exercised in team meetings. Code of Conduct violations and employee complaints are not taken seriously.  Certain Leadership team members have close relationships with the auditees and water down audit issues and reports - the conflict of interest is known by staff, but no one dares to speak up.

Explore other reviews about DTCC

5.0
May 17, 2026
Recommend
CEO approval
Business outlook

Pros

Very good work culture at dtcc

Cons

not many cons at dtcc

4.0
Jun 5, 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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