Pros
Information Based Strategy in every aspect of running the business. Usually there are a lot going on at the same time that you get to always learn new skills and areas of the business. The commute to work is just 15 mins for most folks. You can work from home if you are Mobile. The work life balance is amazing. In the current economic environment, capital one seems to be in a sweet spot as the company has very low mortgage exposure and has a good mix of card and banking products. The deposits at the acquired banks seems to provide cheap capital for card portfolio to run its business. The unemployment rate seems to the biggest challenge for the company out there but the exposure reduction programs and loss mitigation efforts seems to be taking the company aggressively in the right direction. The job involves a lot of analysis and get to learn how to use data of all kinds in creating good strategy decks. Credit Risk Management practices and decision processes gives a very good grounding for any credit risk analysis roles later in the career.
Cons
Pay isnt too great. Being at the right places where there are the next higehr roles available determines to a great extend your chances for getting promoted. TARP has affected green card filings and hirings of h1b visas lately. Government activism in recent times is scary and any kind of new constraints leads to sub optimal solutions and the whole card industry would be impacted by the regulatory changes that govt is introducing soon.