BMO Harris Bank

  www.bmoharris.com
  www.bmoharris.com

BMO Harris Bank Reviews

Updated November 19, 2014
Updated November 19, 2014
159 Reviews
3.1
159 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark F. Furlong
60 Ratings

Review Highlights

Pros
  • Great benefits especially the amount of time off you receive as a new hire (in 17 reviews)

  • The benefits are really good and people in most areas I see seem to have a good work life balance (in 9 reviews)


Cons
  • Very Unrealistic "Sales Goals" yet they spin it as a "Customer Conversation" and not "product pushing" (in 7 reviews)

  • they talk big about customer service but they have no idea what (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Progressive

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

    I worked at BMO Harris Bank full-time (more than 5 years)

    Pros

    The company was very progressive in ideas. I was impressed with how much the organization embraced new ideas.

    Cons

    I was excited when BMO took over my organization. Unfortunately, it didn't make a big difference to me because my old management went too bringing their stale ideas and "it will never work" attitude. They lost me in the process. Sad that I had to move on.

    Advice to ManagementAdvice

    Sometimes management is the problem, not the staff. When there is high turn over in a dept, the leadership is at fault.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Elk Grove, IL
    Current Employee - Financial Advisor in Elk Grove, IL

    I have been working at BMO Harris Bank full-time (more than an year)

    Pros

    If you reach out to managers they will help you navigate a path for career advancement inside BMO.

    Cons

    Monthly sales goals are high which puts sales first client second.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Persistence and patience are key!

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

    I have been working at BMO Harris Bank full-time (more than 5 years)

    Pros

    Best in class health, dental, vision, life insurance benefits out there. Work/life balance second to none. 136 hours of vacation time off the bat per year for full-time employees. 80 additional hours for sick and illness occurrences.

    It's ultimately a sales job. So persistence in WANTING to EXCEED goals is where you'll make money in commission. Commission for bankers is paid every month, which is great because your month to month cash flow can potentially be higher and that's what makes this job more rewarding. In the banking industry, only Chase Bank pays its bankers every month in commission.

    Cons

    Above average administrative work on a day to day basis for a sales job. But I guess that comes with the territory of having an above average base salary for a salary plus commission job. Micro managing is practiced. This is where your patience will be tested. Your relationship with your manager, or who your manager is, or simply how you play your cards in the "corporate" world will either make or break you in this job.

    Advice to ManagementAdvice

    BMO has an old school Chase sales approach. Very bad tactic. Focus more on "wowing" the customer with service, build rapport and trust that way, and that approach guide and lead your sales. Decrease sales goals, maybe even adjust the pay out scales accordingly to avoid higher commission checks need be to mKe yo the difference. Pump the breaks a tad on the micro managing. Realistically no one likes it, and it creates a high turnover ratio and makes your place a revolving door.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Decent place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Hammond, IN
    Former Employee - Teller in Hammond, IN

    I worked at BMO Harris Bank part-time (more than an year)

    Pros

    Easy job. People knowing the name of the brand. Association with Chicago Bulls and Blackhawks.

    Cons

    Sometimes have to get pushy with products because they raise the quota so often. Too many rules and regs to follow and explain to clientele.

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    BMO Call Center Temp

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

    I worked at BMO Harris Bank part-time (less than an year)

    Pros

    Good coworkers, and easy job.

    Cons

    Low job security, since they will fire people left and right for seemingly no reason.

    Advice to ManagementAdvice

    Be less quick to fire people for minor offenses.

  7.  

    Company overwhelmed by the growth and change they seek out.

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

    I have been working at BMO Harris Bank full-time (more than 8 years)

    Pros

    The benefits are really good and people in most areas I see seem to have a good work life balance.

    Cons

    I am an old M&I employee and when BMO acquired M&I things changed A LOT! Nobody at the top seems to know what happens at the transactional client facing level. There have been days when I come into work and the software programs I use on a daily basis to do my job are gone from my computer only to find out technology has done an "update" and didn't know my department needed those programs. There are all kinds of sweeping changes like this from the top without the research to back them up, and they have had the time to do the research.

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

    BMO is a strong bank.

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

    I worked at BMO Harris Bank full-time (more than 3 years)

    Pros

    Well capitalized, well managed bank.

    Cons

    One gets a little lost in the size of the bank.

    Advice to ManagementAdvice

    Keep it up.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Bank with great people but facing challenging work load

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

    I have been working at BMO Harris Bank full-time (more than an year)

    Pros

    great friendly people...very laid back..
    management is engaged..
    good benefits

    Cons

    it systems are an issue but it not a deal breaker..

    Advice to ManagementAdvice

    management is doing all the right things..

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great and friendly environment

    • 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 Harris Bank as an intern (less than an year)

    Pros

    hours are nice and friendly

    Cons

    sometimes staying late on a project

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Great Company to work for aside from the sales on the retail side of this company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Harris Bank

    Pros

    Paid Holiday
    Paid Vacation
    paid sick
    alot of holidays off
    not open later than 6

    Cons

    Aside from the sales goals going up and up everytime, this is the only con I have for the company

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