Capital One

www.capitalone.com
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There are newer employer reviews for Capital One

3 people found this helpful  

Excellent place to start a career

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Manager, Operations Analysis in Richmond, VA
Current Employee - Manager, Operations Analysis in Richmond, VA

I have been working at Capital One

Pros

As my first job out of undergrad, I've found COF to be an excellent place to start a career. As soon as you're able to show some ability, you're given a sizable area of ownership and influence. Its not uncommon to folks six-months with the company to regularly be presenting to Sr Manager +. Another benefit it lack of heavy-handed top-down management. I have the feeling that leadership sets the direction and the associates are free to determine the most effective way to reach our goals.

Cons

Really this is driven by the macro-environment, but I question the long-term sustainability of our company. As a result of what looks to be a mid-term peak in credit & credit cards, increased regulation, and a looming recession, we will be forced to cut back on some of the things that have made the company great; total compensation, innovations, and fast growth

Advice to ManagementAdvice

We need to make some bold moves if we want to be an end-game player in the diversified financial services industry. We completely lack some of the competencies to be a relationship/experience-driven bank. Credit cards have become a commodity - we need to set a clear vision of what we want to be when we 'grow up' and that vision cannot be 'be everything to everyone'. We need a clear and differentiated brand identity that supports our vision.

Recommends
Approves of CEO

1778 Other Employee Reviews for Capital One (View Most Recent)

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  1. 1 person found this helpful  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Business Analyst in McLean, VA
    Current Employee - Senior Business Analyst in McLean, VA

    I have been working at Capital One

    Pros

    1. there are lot of smart people all around that you can interact with, share ideas and learn in the process. if you are looking for a career and just not a job then it is a great launching pad.
    2. if you enjoy financial industry - cap one gives you ample opportunities to work on different products. it is or used to be easy to keep moving from one group to another (e.g. Auto finance, credit card, Global finance, credit card etc.)

    Cons

    1. Pay :)
    2. at times long hours
    3. yes competition, be ready for tough competition in promotions and raises

    Advice to ManagementAdvice

    keep open and honest communication

    Recommends
    Approves of CEO
  2.  

    Too much red tape in evaluations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Richmond, VA
    Current Employee - Manager in Richmond, VA

    I have been working at Capital One

    Pros

    Capital One has a pretty good vacation benefit. The work from home is specially a good reason to work at Capital One. The company also allows flexible work hours. This is specially beneficial for those of us who have a lot of other responsibilities. As the company continues to expand into other financial areas, it makes the job more stabilizing. The pay package for a small town like Richmond is better than the average salary. Opportunity to learn new things exist for those who can play the politics. An average severance package, should you be unlucky to get retrenched. Big player in a small town.

    Cons

    Too much politics in the workplace

    Advice to ManagementAdvice

    If the Manager is clueless of how the subordinate does his/her job, that manager is not in the right place and will frustrate his/her subordinates.

    Doesn't Recommend
    No opinion of CEO
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