Software Engineer • Current Employee
Pros: The company benefits are competitive. The tech culture needs a lot of work. Even though Rich Fairbank spends a great deal of effort pitching his grand vision, the actual execution falls short in the hands of middle managers. They are way too consumed with their promotions and personal agendas. So while the grand vision CapOne tries to sell is enticing, be VERY CAREFUL with the group that you're joining, because what is a Pro at a high level may just be a mirage.
Cons: All the cons mentioned before this post are true: the year-end review process is painfully frustrating, the middle managers exercise a subtle (sometimes blatant) form of favoritism, the geographical/office politics amongst Virginia offices against non-Virginia offices is petty to a fault, and the Human Resources department pretty much sides with management all the time (in many ways, this reminds me of Uber's public relations debacle).
Please be very skeptical when interviewing with Capital One and make sure to ask yourself if you're willing to play advanced office politics. Things are particularly bad in Commercial, which is far from Consumer Retail (the poster child of CapOne recruiting).