BMO Financial Group
3.2 of 5 374 reviews
www.bmo.com Toronto, Canada 5000+ Employees

374 Employee Reviews (View Most Recent)

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1 person found this helpful  

Friendly, nice atmosphere, and good work- life flexibility.

Anonymous Employee (Current Employee)
Toronto, ON (Canada)

I have been working at BMO Financial Group full-time for more than a year

ProsFlexible work environment, lots of growth opportunities to compete with larger higher ranking banks that have greater financial resources and FTEs.

ConsLots of sIlos leading to inefficiencies and duplication, lack of financial resources and poor performance limits investment in growth opportunities and employee bonuses. Sales resources and tools are too basic for higher end client advice and information. Service oriented culture in the branches, staff lack sales drive. Benefits are very poor compared to other financial institutions.

Advice to Senior ManagementBreak the silos, consolidate groups, provide clearer direction to staff, and ensure compensation is more competitive to retain and attract top talent. Health/dental benefits are worst than at other FIs and should be re-evaluated to stay competitive.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Senior Management
         
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Great if you're looking for a lifetime in the banking

Direct Banking Manager (Former Employee)
Toronto, ON (Canada)

I worked at BMO Financial Group full-time for more than a year


Pros: Discounts on banking products such as employee interest rates. Cons: Very repetitive. Assistant and Team leaders were a joke. You ask a question and half the time… Advice to Senior Management: More emphasis on training the managers on products, procedures and… No, I would not recommend this company to a friend More

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

bmo life

Manager of Strategy (Current Employee)
Toronto, ON (Canada)

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


Pros: great people, great culture lots of friends to make. collaborative… Cons: too much red tape, beurocracy , and blackbox decision making at executive… More

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