BMO Financial Group Reviews

Updated October 18, 2014
Updated October 18, 2014
483 Reviews
3.2
483 Reviews
Rating Trends

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BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
227 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 10 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    Senior SA IT

    • 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

    Pros

    I don't have anything positive about this position

    Cons

    You can't move up within the company due to HR's ridiculous policies

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Busy and Challenge

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

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

    Pros

    Desire quick turn-around for almost all projects

    Cons

    pressures on deliveries of almost all projects

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    nice job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Montreal, QC (Canada)
    Current Employee - Financial Analyst in Montreal, QC (Canada)

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

    Pros

    dynamic, efficient , fast paced, interaction, helpful

    Cons

    repetitive, tiring tedious, self starter,

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Ready to exploit you with no extra pay and "train" but never promote.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Lending Officer in Mississauga, ON (Canada)
    Former Employee - Personal Lending Officer in Mississauga, ON (Canada)

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

    Pros

    Share Ownership, Benefits, Paid Vacation, Paid Sick Days, Hard to get fired.

    Cons

    Extremely Political, High school atmosphere, hours not flexible, many undesirable shifts, and unwillingness to promote.

    Advice to ManagementAdvice

    Work-life balance, hire internal for managers - I was used up and tossed aside once I helped train all their fresh to the company managers, promote people who work hard and deserve it, not your friends.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    CSR :Teller:

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

    I worked at BMO Financial Group full-time

    Pros

    Very helpful staff. Great training

    Cons

    management was very distant and more focussed on sales rather than development

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Good place to jump-start your career but difficult to get into with limited experience

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

    I have been working at BMO Financial Group as an intern (less than an year)

    Pros

    great location, friendly people, good benefits, competitive salary, reputable

    Cons

    conservative mindset, bureaucratic, limited entry-level opportunities

    Advice to ManagementAdvice

    The management should be open to new business technologies and more receptive to suggestions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Possibly outdated review however at the time the work environment was like a big happy family.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group

    Pros

    At the time, before all the organizational changes, the atmosphere was amazing. Everyone was professional and collegial. A quick ride up or down an elevator, or a quick call to another department quickly resolved any issues or provided clarity to the task at hand. You knew people by name and often much more. It made for a pleasant workplace. I was able to diversify and prove myself which led to new and exciting roles.

    Cons

    Often many people were vying for the same opportunity to upgrade positions. Sometimes it appeared as though the 'family member' advanced, and not solely based on their skills alone. In time though, you could be recognized for your efforts. It just took a little more groundwork.

    Advice to ManagementAdvice

    In a team based environment there is no room for "I". In some instances upper management often forgot where they started out. For the most part though, upper management was always willing to hear you out, and work with you to attain your goals. Many took the care to get to know you and what you could bring to the table.

  10.  

    Great job, mediocre company

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

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

    Pros

    It was an engaging and challenging job that gave me lots of opportunities to learn, great benefits, and employee compensation package

    Cons

    poor training follow through, there is a lot of training required and minimal time is given for completion. Lack of communication through Branch Managers and Assistant Branch Managers with new hires.

    Advice to ManagementAdvice

    Focus on having new employees trained properly and being given ALL of the tools necessary to be a contributing member of the work team.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Hard Work little pay

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

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

    Pros

    Company culture is a great environment!

    Cons

    Won't let you advance if you want to.

    Recommends
    Neutral Outlook
    No opinion of CEO

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