Capital One Employee’s: How will they ever make the McLean towers safe to return to?

[Anonymous]

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

The pay is fine if you’re hired externally into a Senior Director+ role...

[Anonymous]

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

This is definitely towards the higher end. Were you in cards division by any chance?

[Anonymous]

In Risk/Compliance, the $220k figure would be more at the Director-level. Definitely NOT Sr. manager...

[Anonymous]

what are the pay ranges in Risk/Compliance? I'm at Treasury now in an AML/CFT role and would consider a jump if the pay is right. I'm at the GS-14 mid-career level right now

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

This is definitely towards the higher end. Were you in cards division by any chance?

Yes. US card in business associate job family (not IT or HR or legal etc).

Pay is the same in bank for those roles.

[Anonymous]

Anonymous wrote:In Risk/Compliance, the $220k figure would be more at the Director-level. Definitely NOT Sr. manager...

Yes, with my experience, $220K looks like a director level salary range.

[Anonymous]

Anonymous wrote:what are the pay ranges in Risk/Compliance? I'm at Treasury now in an AML/CFT role and would consider a jump if the pay is right. I'm at the GS-14 mid-career level right now

It would depend what unit you were hired into. There are retired federal agents who were GS-15’s and got hired at Principal Associate-level making $100k base and a modest bonus and there are former GS-14’s who were hired at Director-level probably making close to $200k base. There are tons of former federal prosecutors who were hired at the VP+ level and some are making $300 or $400k. It all depends on the position that is posted and the level they are looking for. Not a ton of AML-related jobs at Cap One in the DC area. More so in Richmond, Delaware, Plano, TX and New Orleans.

[Anonymous]

I wonder why a retired GS-15 would take a 100K job unless he/she knows that there won't be much work. That's the only reason I would take a pay cut.

Ex-fed or not, if you are working, you need to get compensated accordingly.

[Anonymous]

Anonymous wrote:Cap One is awful. They are always firing people. They have a pretty accepted WFH culture, though. Don’t they?

they make money off of peoples distress. an awful company. wish it would blow up.

[Anonymous]

Anonymous wrote:I wonder why a retired GS-15 would take a 100K job unless he/she knows that there won't be much work. That's the only reason I would take a pay cut.

Ex-fed or not, if you are working, you need to get compensated accordingly.

Probably same reason I did. I was able to retire at age 50 and start collecting my pension immediately and therefore had the latitude to take a lower paying job (but still earn more at the end of the day).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

What level makes 400?

[Anonymous]

I thought senior manager make 175 all in

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

What level makes 400?

I was comfortably there as a Sr Director - it’s a combination of base, bonus and LTI. If you also count the 7.5% 401K match and the deferred compensation scheme (which is a backdoor to get around the 401K limits), it’s really not hard to hit at that level. I know a few directors who came close (bonus for my division could hit $100K if you exceed expectations at Director level, so even a low $200s salary gets you within spitting distance of $400).

But the key is the group - you need to be in business analysis in US card or Bank. Legal roles, IT roles, data monkey roles, etc just won’t pay the same.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:LOL! Capital one is a joke in the financial sector. Rarely you have seen their employee going to influential positions. It is becoming more like an IT company.

Promotion in-house is horrible and you have to be at your position for a few years regardless of the performance before being considered so there is really no motivation for staff to work hard.

Pay is terrible too . Laughing stock of dc that company

Pay is for sure not terrible. Not at all. Maybe compared to investment banking, sure.

But I made $220K with bonus as Sr manager, and comfortably cleared $400K by the time I left. Plus 7.5% 401K match and unlimited vacation too...

You can find faults at COF for sure but pay isn’t one of them. At least not if you negotiate well.

What level makes 400?

I was comfortably there as a Sr Director - it’s a combination of base, bonus and LTI. If you also count the 7.5% 401K match and the deferred compensation scheme (which is a backdoor to get around the 401K limits), it’s really not hard to hit at that level. I know a few directors who came close (bonus for my division could hit $100K if you exceed expectations at Director level, so even a low $200s salary gets you within spitting distance of $400).

But the key is the group - you need to be in business analysis in US card or Bank. Legal roles, IT roles, data monkey roles, etc just won’t pay the same.

Thanks so you telling me audit compliance accounting at senior director probably make 2/3 that?