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The Culture At DTCC

Information provided by the company
Inclusive Leadership: Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions.

DTCC Overview

The Depository Trust & Clearing Corporation is an American post-trade financial services company providing clearing and settlement services to the financial markets.
The staff at DTCC come from unusually diverse demographic backgrounds. The company is 33.2% female and 50.1% ethnic minorities. Despite its diversity in other areas, DTCC employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 78.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. DTCC has great employee retention with staff members usually staying with the company for 5.9 years. The average employee at DTCC makes $116,646 per year, which is competitive for its industry and location. Some of its highest paying competitors, Morgan Stanley, Instinet Incorporated, and Credit Suisse, pay $117,587, $113,195, and $107,539, respectively.
A large finance company with 4,300 employees and an annual revenue of $1.8B, DTCC is headquartered in New York, NY.

The Organization’s Mission

Responsible for providing direction to and overseeing the conduct of the affairs of the Corporation in the interests of the Corporation, its shareholders and other stakeholders including investors, issuers and participants in the financial markets which DTCC serves.

Industry

Finance

Revenue

$1.8B

Employees

4,300

Founded in

1999

Headquarters

New York, NY

Website

www.dtcc.com

Organization Type

Private

Is This Your Company?

DTCC Employee Reviews

Zippia Official Logo

5.0

Zippia UserFebruary 2021

5.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Collection work, money market accounts, customer service

What DON'T You Like About Working There?

really nothing enjoyed everthing

What Are Your Favorite Benefits/Perks?

customer service
Zippia Official Logo

5.0

Zippia UserMay 2020

5.0

Zippia Official LogoZippia UserMay 2020

What Do You Like About Working There?

Great benefits, maternity leave, vacation days, work life balance

What Are Your Favorite Benefits/Perks?

PTO/Maternity Leave policy
Zippia Official Logo

5.0

Zippia UserMarch 2019

5.0

Zippia Official LogoZippia UserMarch 2019

What Do You Like About Working There?

Work Life Balance. Leaving at 5:30 is acceptable

What DON'T You Like About Working There?

Moved to Jersey City from Manhattan

What Are Your Favorite Benefits/Perks?

Working from home
Anonymous review of DTCC

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The Team At DTCC

Key People

Michael C. Bodson

Ann N. Reese

DTCC Company Rankings

DTCC is ranked #65 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

DTCC Salaries

9.6
Salary Score
The national average salary for a DTCC employee in the United States is $116,646 per year. Employees in the top 10 percent can make over $164,000 per year, while employees at the bottom 10 percent earn less than $82,000 per year.
Average DTCC Salary
$116,646 yearly
$56.08 hourly
Updated July 11, 2022
$82,000
10 %
$116,000
Median
$164,000
90 %
Average Employee Earnings
DTCC
$116,646
Citi
$81,932

Highest Paying Jobs At DTCC

Rank  Job Title  Avg. Salary  Hourly Rate  
1Risk Management Director$143,805$69
2Systems Director$142,056$68
3Risk Manager$139,821$67
4Senior Software Engineer$138,992$67
5Database Administrator$131,369$63
6Project Manager$127,941$62
7Infrastructure Architect$124,195$60
8Team Leader$124,080$60
9Quality Assurance Lead$124,040$60
10Senior Java Developer$122,395$59
11Auditor$117,987$57
12Java/J2ee Developer$114,340$55
13Business Analyst$111,202$53
14Tester$107,200$52
15Vmware Administrator$106,326$51
16Supervisor$105,580$51
17Network Engineer$105,000$50
18Specialist$102,618$49
19Quality Assurance Analyst$102,044$49
20Consultant$96,064$46

DTCC Demographics Summary

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

DTCC Gender Distribution

Male
Male
67%
Female
Female
33%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for DTCC. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • DTCC has 4,300 employees.

  • 33% of DTCC employees are women, while 67% are men.

  • The most common ethnicity at DTCC is White (50%), followed by Asian (19%) and Hispanic or Latino (15%).

  • DTCC employees are most likely to be members of the democratic party.

  • On average, employees at DTCC stay with the company for 5.9 years.

  • The average employee at DTCC makes $116,646 per year.

Biggest DTCC Locations

Rank  City  Job Count  
1Jersey City, NJ94
2Tampa, FL74
3Dallas, TX40
4Boston, MA5

Jobs from companies you might like

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DTCC Employee Political Affiliation

DTCC employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a DTCC employee was by Mark Clancy. Mark Clancy donated $56,100 to the Republican Party.

Parties

Democratic Party

78.4 %
-

Republican Party

21.6 %
-

Employee Political Donations

Name  Job Title  Party  Donation  
Mark ClancyInformation Security ConsultantRepublican Party$56,100
Donna MilrodMedical DoctorDemocratic Party$25,600
Michael BodsonPresident/Chief Executive OfficerDemocratic Party$18,821
Donald DonahueFinance ProfessionalDemocratic Party$12,500
Larry ThompsonVice ChairpersonDemocratic Party$11,350
Anne WolfsonAttorneyDemocratic Party$5,425
Mark WetjenLawyerDemocratic Party$4,700
Peter AxilrodExecutiveDemocratic Party$4,000
Caitlin ClarkeSenior AnalystRepublican Party$2,700
Robert DruskinExecutiveRepublican Party$2,600
Show More

DTCC Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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DTCC Subsidiaries

Subsidiaries to DTCC include Stratasys. Employees at the parent company, DTCC, earn $116,646 whereas employees at Stratasys earn $71,288, on average.
Company
ascdesc
Average Salarydesc
Stratasys
Salary Range53k - 94k$71k$71,288
$53k
$94k

DTCC Competitors

Competitors of DTCC include Morgan Stanley, Instinet Incorporated, and Credit Suisse. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $117,587 per year. Employees at Instinet Incorporated earn an average of $113,195 per year, and the employees at Credit Suisse earn an average salary of $107,539 per year.
Companydesc
Average Salarydesc
Morgan Stanley
Salary Range88k - 155k$118k$117,587
Instinet Incorporated
Salary Range89k - 143k$113k$113,195
Credit Suisse
Salary Range82k - 139k$108k$107,539
CME Group
Salary Range77k - 131k$101k$101,270
Keane
Salary Range77k - 114k$94k$94,204
FT Partners
Salary Range68k - 114k$89k$88,847
Traiana
Salary Range65k - 116k$87k$87,397
HarbourVest
Salary Range64k - 117k$87k$87,186
The Vanguard Group
Salary Range66k - 104k$83k$82,924

Axis Capital, Inc.

Salary Range61k - 112k$83k$82,910
$27k
$155k

Frequently Asked Questions about DTCC

When was DTCC founded?

DTCC was founded in 1999.

How many Employees does DTCC have?

DTCC has 4,300 employees.

How much money does DTCC make?

DTCC generates $1.8B in revenue.

What industry is DTCC in?

DTCC is in the finance industry.

What is DTCC's mission?

DTCC's mission statement is "Responsible for providing direction to and overseeing the conduct of the affairs of the Corporation in the interests of the Corporation, its shareholders and other stakeholders including investors, issuers and participants in the financial markets which DTCC serves."

What type of company is DTCC?

DTCC is a private company.

Who are DTCC's competitors?

DTCC competitors include Morgan Stanley, Credit Suisse, Citi, The Vanguard Group, CME Group, Morningstar, Instinet Incorporated, HarbourVest, Financial Industry Regulatory Authority (finra), SIFMA, ISDA, Northern Bank, bepress, I.T. Consortium, Aviva plc, Axis Capital, Inc., FT Partners, Keane, Danske Bank International S.A., Traiana.

Who works at DTCC?

Michael C. Bodson (President and Chief Executive Officer)

Ann N. Reese (Board Member)

Are You An Executive, HR Leader, Or Brand Manager At DTCC?

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Zippia gives an in-depth look into the details of DTCC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about DTCC. The employee data is based on information from people who have self-reported their past or current employments at DTCC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by DTCC. The data presented on this page does not represent the view of DTCC and its employees or that of Zippia.

DTCC may also be known as or be related to DTCC, Depository Trust & Clearing, Depository Trust & Clearing Corporation, The Depository Trust & Clearing Corporation and The Depository Trust & Clearing Corporation (DTCC).