BMO Financial Group Reviews

Updated September 11, 2014
Updated September 11, 2014
466 Reviews
3.2
466 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
218 Ratings

Review Highlights

Pros
  • Good work life balance in certain groups (in 39 reviews)

  • Good benefits- especially 6 Weeks parental leave, (in 22 reviews)


Cons
  • Bad work life balance in others (in 9 reviews)

  • The sales targets are ridiculous and very hard to meet month by month (in 16 reviews)

More Highlights

56 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President, Manager  in  Brookfield, WI
    Former Employee - Assistant Vice President, Manager in Brookfield, WI

    I worked at BMO Financial Group full-time for more than 5 years

    Pros

    Great work environment, benefits, culture

    Cons

    Getting into other positions with the company

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Friendly environment that encourages openness, volunteering, and career growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group

    Pros

    Open whole-person oriented hiring process with multiple rounds of friendly interviews that were off-resume.

    Cons

    Some positions are in a locked career track with little potential to jump into more sophisticated areas and a clearly defined career ceiling.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Learned a lot

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group

    Pros

    The company pays very well and management was great to employees. The company believes in accountability and holds employees responsible for their own work.

    Cons

    There are no real cons besides the typical responses. I really loved working for the company and loved my manager.

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  5.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group

    Pros

    Great people, fair compensation and overall good culture. Would recommend to anyone.

    Cons

    A little behind on the software

    Advice to ManagementAdvice

    Recruit more interns

  6.  

    great place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller  in  Ontario, CA
    Current Employee - Teller in Ontario, CA

    I have been working at BMO Financial Group full-time for more than a year

    Pros

    great place to work, highlky reommend it

    Cons

    pay should be better - very low

    Advice to ManagementAdvice

    keep good people to stay with you

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Overall Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Milwaukee, WI
    Current Employee - Personal Banker in Milwaukee, WI

    I have been working at BMO Financial Group full-time for more than 3 years

    Pros

    Great Pay, Competitive Sales Bonuses, Flexible Hours while in school, tuition reimbursement. Really cares about customer.

    Cons

    Micro Managing Managers, with little to know experience in the banking field.

    Advice to ManagementAdvice

    Get more training, and hire people with more experience.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Amazing, Educational Internship Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL

    I worked at BMO Financial Group as an intern for less than a year

    Pros

    Very engaging, challenging work, incredible opportunities for mentorship and personal growth, great pay, and a fantastic company culture! Cannot recommend this program enough!

    Cons

    None that I can think of! They even give you the opportunity to get involved outside of work at community events sponsored by the organization!

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Product Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group full-time for more than 5 years

    Pros

    Great work environment. High level of expertese. Good MBA reimbursement policy

    Cons

    None that come to mind

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker  in  Brookfield, WI
    Current Employee - Personal Banker in Brookfield, WI

    I have been working at BMO Financial Group for less than a year

    Pros

    Values you as an employee, competitive pay, fun working atmosphere, managers communicate well, great training

    Cons

    If you don't like call centers, don't work in a call center

    Recommends
    Approves of CEO
  11.  

    Since the transition of M&I and BMO, I have had all positive experiences.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Credit Analyst  in  Phoenix, AZ
    Current Employee - Credit Analyst in Phoenix, AZ

    I have been working at BMO Financial Group

    Pros

    BMO has a very sound background for their Commercial Banking teams. There is a reason why M&I failed and BMO came in to take over the company. I can definitely see BMO implementing some profitable ideas into the old M&I standards which will bring in new profitable business.

    Cons

    The only downside that I have experienced with BMO is the corporate structure, being so large, can make the recruiting and hiring process a lengthy one.

    Advice to ManagementAdvice

    Keep your same conservative approach and backgrounds but trust the employees to go out and do their best to bring in new business.

    Recommends
    Approves of CEO

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