455 Employee Reviews (View Most Recent)

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1 person found this helpful  

Disappointing and terribly confusing company to work for.

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

I have been working at BMO Financial Group

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Outdated Technology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 ManagementAdvice

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.

Doesn't Recommend
Disapproves of CEO

Other Reviews for BMO Financial Group

  1.  

    Good opportunites in the future.

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

    I have been working at BMO Financial Group

    Pros

    Good work environment
    Good compensation packages (401k, pension, insurance, ect)
    Professional co-workers
    Ability to "move up"
    Lots of opportunity to provide value

    Cons

    Need more communication from Canada about the US
    Need direction from managment on the future of legacy M&I bank employees

    Approves of CEO
  2. 1 person found this helpful  

    Great company, big challenges

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

    I worked at BMO Financial Group

    Pros

    BMO is committed to diversity, great customer experience, and fairness to employees. There is tremendous opportunity for advancement at more junior levels in both the US and Canada.

    Cons

    More and more decision making is being done in Toronto, leaving those in the US with little chance to impact the company. Decision making is frustratingly slow and prone to reversal if full concensus can't be obtained. Very little recognition of the competitive nature of the US market; BMO only sees the other Canadian banks as competitors, and those banks cooperate more than compete. Top US employees have limited career advancement opportunities unless they move to Toronto.

    Advice to ManagementAdvice

    As BMO continues to expand in the US more decisions will need to be delegated to those who run that market. Canadian banking is not like US banking, and BMO must learn that lesson soon to succeed. Speed and conviction will be important to BMOs future. BMO can't please everyone and must make hard choices about what is most important- both internally and externally.

    Recommends
    Approves of CEO
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