BMO Financial Group

www.bmo.com

BMO Financial Group Reviews in Canada

Updated January 25, 2015
Updated January 25, 2015
555 Reviews
3.2
555 Reviews
Rating Trends

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BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
255 Ratings

Review Highlights

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

  • Good benefits- especially 6 Weeks parental leave, (in 25 reviews)


Cons
  • Bad work life balance in others (in 11 reviews)

  • It can be hard to move into other areas depending what location you work at (in 7 reviews)

More Highlights

439 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    One of the best an IT person that expects

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

    I have been working at BMO Financial Group

    Pros

    lots of technology opportunities in this department

    Cons

    very dynamic environment with many enthusiastic managers and employees.

    Advice to ManagementAdvice

    More efficiency from more employees

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Lots of good things to say but qualified.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Account Manager in North Vancouver, BC (Canada)
    Current Employee - Commercial Account Manager in North Vancouver, BC (Canada)

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

    Pros

    Good benefits, positive corporate culture overall, good support staff for CAMs generally.

    Cons

    Pay is on the low side (bonus can bring it up to a reasonable level though), increasing pressure to perform, poor work/life balance because of the pressure to show results, pitting teams one against another for results

    Advice to ManagementAdvice

    Relax and let go the strangle hold on your subordinates--it creates an unhealthy trickle down effect right to the front line. There is enough strain right now and if you can just trust that the CAMs have the same goal as you (to do a good job and see the bank excel) we will all be much better off. Right now we are just past the apex of the bell curve of individual productivity and on the way down the other side. If you let us self manage (that trust thing again), we could take ownership of our results and give you far more. Keep pushing us to do the impossible and we will eventually give up.

    Recommends
    Neutral Outlook
  3.  

    Commercial analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Analyst in Calgary, AB (Canada)
    Current Employee - Commercial Analyst in Calgary, AB (Canada)

    I have been working at BMO Financial Group full-time (less than an year)

    Pros

    Great managers and excellent training. Love the people and culture. Everyone really cares about the customer. Amazing training facility and they have weekly checkins/coaching with manager. Comprehensive online training modules too. Love it. Best move I ever made.

    Cons

    None so far. Really can't think of anything. Very impressed with this organization

    Advice to ManagementAdvice

    Keep song what you do! Love the onboarding and commitment to employees. Great support and training.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great Experience with Great People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Analyst in Toronto, ON (Canada)
    Current Employee - Insurance Analyst in Toronto, ON (Canada)

    I have been working at BMO Financial Group

    Pros

    - The Dynamic Work Environment
    - Passionate Employees

    Cons

    Pay could be better
    Work will eventually be really busy

    Advice to ManagementAdvice

    Have more corner offices for high profile managers

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Excellent experience.

    • 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 full-time (more than 3 years)

    Pros

    Nice colleagues. Good attitude.

    Cons

    Slow room for advancement.

    Recommends
  7.  

    Good experience, low pay..comfort zone job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fsm In Training in Milton, ON (Canada)
    Current Employee - Fsm In Training in Milton, ON (Canada)

    I have been working at BMO Financial Group

    Pros

    Workn in a branch close to home - no stress going and coming bk from work.
    Score card helps vindicate performing staff,(esp if u have a manager that wants to halt ur career) u can proove urself at interviews.
    There is always an opening some where, relocating? Not a big deal..branches re all over.

    Cons

    Like most work places,good manager - happy employee,cunning manager- you are toast.
    Pay is unbelievably low...work load is crazy.

    Advice to ManagementAdvice

    REVIEW PAY

  8. 2 people found this helpful  

    Digital Mareting Manager

    • 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

    The digital team is always looking for opportunities to implement new technology and trends to their online assests

    Cons

    career opportunities within the bank are good but not within the team.

  9. 1 person found this helpful  

    Giving away money.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Toronto, ON (Canada)
    Former Employee - Director in Toronto, ON (Canada)

    I worked at BMO Financial Group

    Pros

    Good pay for IT people at the top.

    Cons

    Dis-organized and un-clear IT strategy

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Manager, Headquarters

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Toronto, ON (Canada)
    Current Employee - Manager in Toronto, ON (Canada)

    I have been working at BMO Financial Group full-time (more than 8 years)

    Pros

    BMO is a great place to work. Lots of opportunity for training and advancement; opportunities are limited only by your ability to coordinate & deliver on projects and communicate effectively.

    Cons

    Work life balance can stand improvement - 10 hour days are typical.

    Advice to ManagementAdvice

    Stay the course!

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Business analyst

    • 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

    has many career opportunities and good benifits

    Cons

    Lack of communication among different line of business

    Recommends
    Neutral Outlook

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