I’ll be starting in August in the payments organization at the McLean office, relocating from Atlanta, Ga.
Very nervous.
Any insight into what the first 3-4 weeks will be like?
7 replies (most recent on top)
Your peers will be great but leadership is something else. It's been the hunger games for mid/senior level execs for well over 10 years (VPs change OFTEN and new VPs change their entire leadership org usually). The rank and file employees was mostly insulated from changes until about 5 years ago and now the same Hunger Games experience is pushed on the rank and file employees.
Being a brown noser yes person also does not always work since leadership changes so often. Just do your job, do it average-ish with good quality, and treat it like a simple job. Being the worst or the best at your job will put an instant target on your back.
@cr it depends entirely on what you mean by ‘Payments’. That is a broad term. Are you talking about Network Risk? Or some other form of payments?
Most of the Network teams are in riverwoods bc of the Discover merger. That being said, Cap One is still hiring some Network risk teams in other locations like Richmond in McLean.
@b5 I’ve seen online post on PIPs, that if placed on one, you have the option to quit with a small severance or try to meet the requirements of the PIP and stay on. Any truth to that?
@bv wait what, so most if not all my team/org will be housed in Illinois? That is something the recruiter never mentioned, nor any of the 4 people I interviewed with during Power Day earlier last month. Thankfully it’s only a 4 hour drive back to Charlotte if the job is not what I was told it would be, along with onboarding, recruiter said I’d be shadowing someone for at least 3 months to learn the systems and what all they do in the role.
if you're joining the Payments Risk/Fraud application team, the entire team is based in Riverwoods. I'm not sure how easy it will be for you to stay in sync while being elsewhere, so it's definitely something to consider. It could be a bit risky . From Day1 you're targeted and set high expectations and ready for stack ranking, PIP and layoffs.
you'll find out within 2 years that you've been targeted by your boss for twice yearly stack rankings. during the middle and end of a calendar year, 15% of people are required to be fired. you will be gaslit to think you're going crazy because it's all crazy talk.
also, this is an insight already posted here before. true story. a woman who worked at capital one went to an AA meeting in Richmond. she was shocked and embarrassed when all the other attendees were other capital one employees some that she even knew. also, employees who would go psychiatrists for anxiety and depression in richmond, va. the doctor told them that many other c1 employees were his patients seeking treatment for anxiety / depression / bad thoughts by the stack rankings.
I’ll be starting in mid August as a principal risk specialist, so we’ll both be in the same situation. Relocating from Charlotte to Richmond. So yes, if anyone has insights on how the first month goes for external hires, please share.
My husband is staying behind in Charlotte for his job with Truist (where I was laid off from last year). If it’s not how the recruiter says it is, no problem heading back home after 60 days.