BMO Financial Group Reviews

Pros

Good benefits, good people, very segregated as it is a large large company

Cons

Complex organizational structure, hard to make quick decision

Pros

generally non political and flexible

Cons

Slow to change and spend on the right tech

Pros

good work environment. Downtown Toronto:)

Cons

lot of redundancy in work

Pros

Can be a good place to start career for recent grads. New opportunities may be available depending upon the area you live in.

Cons

Poor response/ or no response even for well qualified candidates from HR department when you apply for jobs. This may be true for any big company.

Advice to Senior Management

Need to have more happy employees. Management, in my view, is not doing a great job making life of its employees easier. I always see people under pressure, trying to get by day by day.

Pros

Best training program
Comprehensive banking benefits
Effective recruitment process

Cons

Career advancement limited
Rigid mobility between regions/areas
Not enough performance feedback

Pros

Very friendly, unthreatening atmosphere. Immediate manager was extremely friendly and always helpful. Very competent, capable running mates in retail branches.

Cons

Service Manage overqualified. Manager was forced to take too much on plate. Branch left without manager for months, took too long to fill in holes.

Advice to Senior Management

Although everybody was extremely friendly and very well qualified, branch left with too many positions needing to be filled and upper management slow to react. However, BMO is doing extremely well and just had their first billion dollar quarter so they're doing a lot more right than wrong.

Pros

Good Pay and
Good Benefits

Cons

Poor direction and communication from Management
Outdated Technology
Overworked - no help provided when there is too much work

Advice to Senior Management

Do not ignore your employees when they ask simple questions like "where do I fit in and what role is expected of me". Your empolyees cannot meet you expectations if they have not clue what they are, Please Communicate!!!!!
Provide better resources to assist employees in getting an impossible workload manageable. Good people will continue to leave you without these changes.

Pros

We are provided with challenging work that is always changing and given many opportunities for growth and development

Cons

Not enough support for professional development (i.e. ACAMS conference, higher education, etc.)

Advice to Senior Management

Provide more resources for employees professional development.

Pros

Big financial institution in Canada

Cons

Chance for promotion is not good

Advice to Senior Management

N/A

Pros

-great learning
- room for advancement

Cons

- Big corporation
- can be overlooked

Advice to Senior Management

no advice