DTCC Risk reviews

Management has no clear direction and frequently changes course. Micro-management is endemic. Technology is about 20 years behind the times often making the job impossible. People with ideas are seen as a threat. People management does not seem to be required of any managers. Often multiple levels of approval are required for the simplest of things. Management is always quick to throw people under the bus for mistakes (really overly manual processes from the 70s) but never want to find a solution.

+never saw another company where the higher ranks are so under qualified. Directors and Exec. Directors are mostly legacy ppl and affiliate of old-boys club without product knowledge or technical abilities yet remain somehow in their roles indefinitely. You will be never finding them training staffs, leading, answering audit regulatory interrogations. They only delegating work, showing their face in meetings, and basic clerical stuffs. +company has no direction of its own and senior execs just repeating trending catchphrases. It was used to be everyday "blockchain and bitcoin" then it was "day 1 company" and every townhall was copy of Amazon's Bezos speech, now it is "diversity, equality, LGBT" and "enterprise agile". These concepts not always compatible with clearing corporation business model but they parroting these concepts all the time anyways. +advancement requirement is fraternization with the old-boys club and highly discriminatory especially if you are not white or a diversity hire +very costly insurance with high deductibles