BMO Financial Group

  www.bmo.com
  www.bmo.com

BMO Financial Group Reviews

Updated December 16, 2014
Updated December 16, 2014
517 Reviews
3.2
517 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
239 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to work. Can recommend friends.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group

    Pros

    All standard benefits are offered.

    Cons

    Needs to provide more opportunities to grow.

  2.  

    Compliance-AML Analyst

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group

    Pros

    Great bank and great place to work and great people.

    Cons

    great growth, great profitability

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Unbelievable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Service Representative in Sarasota, FL
    Current Employee - Service Representative in Sarasota, FL

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

    Pros

    training is very well structured and helps you every step of the way

    Cons

    there are no cons with this company

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker in Elk Grove, IL
    Former Employee - Personal Banker in Elk Grove, IL

    I worked at BMO Financial Group full-time (more than 3 years)

    Pros

    Great people to work with great products. Offer education to employees all the time.

    Cons

    Too many hours for less money and aggressive goals.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Looks good on a resume

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group

    Pros

    BMO looks good on a resume.

    Cons

    To move within the company can be difficult as they don't always look within the company when filling positions.

  7.  

    BMO Harris

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

    I worked at BMO Financial Group full-time (more than 8 years)

    Pros

    Large company and great benefits.

    Cons

    Going through a merger period.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Marketing

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

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

    Pros

    Discounted stock purchase plan, 401k match, good vacation benefits,nice people

    Cons

    Too many decisions for US business made out of Canada. Attitude that if it works in Canada it will work in the U.S. Terrible office space for marketing. They are updating space elsewhere in the building but marketing floor is old. Not sure why marketers don't rate decent space. Keep cutting head count and marketing budgets but state that they want to grow the business...doesn't seem to compute.

    Advice to ManagementAdvice

    Upgrade technology. Listen to the people in the market instead of managing from the ivory tower. Do some SERIOUS process re-engineering. All the "cost saving" initiatives look like they save $ but actually are inefficient on the front lines. Focus more on actual employees than on the employee engagement scores -- you're not asking the right questions on that survey anyway. Allow us to hire FTEs instead on temps who work here for years.

    Neutral Outlook
    No opinion of CEO
  9.  

    Banker

    • 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

    There are many positives in working at BMO. The people, culture, stability and growth potential are some of the key highlights.

    Cons

    As with any large organization, there can be challenges in implementing changes and keeping up with technological advances. Despite that, it's a great organization to work at.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Greta place to work

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

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

    Pros

    vacation,salary structure,office culture,community involvement, employee stock options

    Cons

    Corporate advancements,internal development, internal communication

    Advice to ManagementAdvice

    need to develop more from within the company

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great benefits!!

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

    I worked at BMO Financial Group full-time (more than 10 years)

    Pros

    Great benefits and depending on department great people to work with.

    Cons

    Sales sales sales!!! It's about the numbers folks a lot of great people have left due to sales expectations.

    Advice to ManagementAdvice

    Put the people first not the numbers!!

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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