BMO Financial Group

  www.bmo.com
  www.bmo.com

BMO Financial Group Reviews

Updated November 25, 2014
Updated November 25, 2014
505 Reviews
3.2
505 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
235 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. 1 person found this helpful  

    Hard place to work for.

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

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

    Pros

    Some workers are nice and help the team.

    Cons

    Bad management and training, dirty office space. Lack of leadership.

    Advice to ManagementAdvice

    Learn how to training and support the team.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    great benefits, no room for advancement

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

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

    Pros

    great benefits, knowledgable help from others in departments

    Cons

    no room to move up, causing less drive in employees

    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Money hungry company

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

    I worked at BMO Financial Group full-time (more than an year)

    Pros

    My supervisor was great and easy to get along with.

    Cons

    No raises, hard sales goals

    Doesn't Recommend
    Approves of CEO
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  5. 2 people found this helpful  

    Sad place to be

    • 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

    It's a bank, there is some stability unless there is a major re-roganization. Some financial perks, but they are dissapearing fast.

    Cons

    Promotion is based on who you know and seniority, not on skills and results, as such, most people with skills and ambition move on, while only the ones who settle stay. Seriously incompetent people work alongside very competent people. Too much outsourcing, to the point where the bank's bottom line is impacted.

    Advice to ManagementAdvice

    Measure outsourcing in results not just costs , and empower and promote on results and feedback not cronyism.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    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 (less than an 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
  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 (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.  

    Not a bad place to work

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

    I have been working at BMO Financial Group full-time (more than 10 years)

    Pros

    Coworkers are great... I enjoy the employee appreciation events

    Cons

    Outsourced hr is horrible! Why does it take 4 times to get anything through technology?

    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 (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.  

    Okay

    • 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

    Pros

    Depends on the people you work ith

    Cons

    Not diverse nough. Minorities feel left ou.

    Advice to ManagementAdvice

    Recruit retain nd promote qualified minorities

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Service Rep

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

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

    Pros

    Felxible, Decent Hours, growing company.

    Cons

    The systems are very outdated. Bonuses are being cut back

    Advice to ManagementAdvice

    Care for your employees.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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