Nearly rotten to the core; ruined by ex-consultants and ex-amazon - Sr. Business Analyst Capital One Employee Review

2.0
Jan 18, 2025
Recommend
CEO approval
Business Outlook

Pros

- If you're a new grad and join the ADP program, the company will prioritize giving you interesting work as an investment in your potential as a future executive. This is a good place to be for a year or two -- maybe more, but only if you get fast-tracked. You will know if you are fast-tracked. - There are interesting opportunities on specific teams.

Cons

- OKR culture has pervaded the entire organization. This is basically just an excuse for management to obsess over their bonus incentives constantly. They spend weeks every quarter re-negotiating OKRs instead of accomplishing anything useful. It used to be the case that people at least pretended to care about the business and thinking like the CEO. Instead, this time around, my manager told me "that's not in our OKRs" when I suggested a project that would directly improve the company's profitability. Since another team owned those OKRs he didn't care. - Middle management is mostly people from failed consulting careers, Amazon, or other generally-middling backgrounds that do not lend themselves to much opportunity. They typically have no subject matter expertise in banking. Before I joined management blew up their P&L leaning into a product that was clearly experiencing temporary tailwinds from the events of 2020.   - As a boomerang hire, I felt a pit of despair immediately upon entering the office. Everyone there looks unhappy and is fighting for the survival of their careers. I saw a woman cry once at her desk in the middle of the workday, then get back to work. Our executive accidentally revealed the percentage breakdowns of specific questions in the quarterly associate survey, revealing that 40% of people were either burnt out or concerned about being burnt out, and 1/3 were considering leaving within the next 12 months. Management's solution was to adopt a "green/yellow/red light" strategy in 1 on 1 check-ins. That's how out of touch they are. - Stack ranking alone is sufficient reason to avoid this company. It is like dousing the flame of horrible, toxic culture with lighter fluid. If you are a professional hire new to an org, you must start scrambling immediately to make alliances. "You scratch my back, I'll scratch yours" is the name of the game. This also occupies several weeks of management's time twice a year. - When I originally joined Capital One one of the core company principles was "unassailability" -- doing the right thing. I worked on several projects that actually had this as a primary mission and made the world a better, less-scammy place. They literally got rid of this principle. In contrast, in my most recent role there were executive debates about refunding customers with whom we had clearly made an error. Just to save a few dollars. At the expense of risking Capital One's global brand. - An example of how strong the Kool-Aid is here: employees are grateful for the opportunity to buy cafeteria food at "subsidized" rates. Mind you, the campus is in the middle of nowhere. - Professional hires mainly exist to backfill horrible roles that no one internally wants. This was the case with my role. The former employees' name was mentioned just once or twice, almost as if he never existed. - Extremely top-heavy management structure. 10 people barking orders for every person actually doing work. This is a major reason why management is so out of touch. None of them are ever actually working -- just having meetings and posturing for OKR re-negotiations -- so they don't understand how long it takes to do most things. - Directors used to have to actually understand what was going on. Now, they've brought in a Project Manager role as a buffer between directors and the lower ranks. The entire point of this role is to host meetings all day and it's depressing just to interact with them. - Middle-upper management constantly refers to themselves as "leadership" / "your leaders" without even realizing how cringe this is.

Explore other reviews about Capital One

5.0
Jun 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture is amazing and work life balance

Cons

Performance management is very intense

1.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Pay can be decent compared to GovCon. Some people are a pleasure to work with. Other non-pay related incentives.

Cons

Never heard more nonsensical topics during meetings; people sharing their sexual preferences, flaunting overly dramatic personal lifestyle decisions, diversity to the point of failure, etc. Hearing the term "white guilt" in a professional setting was, well, pretty unprofessional. Stack ranking for performance reviews is a mess. Someone has to have an "F" regardless of their performance because that is what their line of business is allotted. Be prepared to be held responsible for actions any Sr Leadership would just sweep under the rug under their own circumstances. If a manager doesn't like you, regardless of your productivity, you're toast unless you're able to find another LoB to support. HR / AR are just a check in the box and will most likely point you from one to the other and back again without resolving any issues. You'll find yourself curious as to what leadership does as they continue to scrape managerial responsibilities from their plate, to yours. Last but certainly not least; you may find yourself working hard on a project; nights and weekends, just in case that work life balance is feeling a little too perfect. Fret not, someone will surely assist in taking credit for the hard work you've put in. I'm sure none of these things will happen to you, though. Best of luck!

5
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