There are newer employer reviews for BMO Financial Group

1 person found this helpful  

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

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

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

Pros

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

Cons

Lots 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 ManagementAdvice

Break 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.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

466 Other Employee Reviews for BMO Financial Group (View Most Recent)

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  1.  

    Great if you're looking for a lifetime in the banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Direct Banking Manager  in  Toronto, ON (Canada)
    Former Employee - Direct Banking Manager in 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 they look at you like a moron. They can be pretty useless at times and draw a blank.

    Advice to ManagementAdvice

    More emphasis on training the managers on products, procedures and policies.

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

    bmo life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager of Strategy  in  Toronto, ON (Canada)
    Current Employee - Manager of Strategy in 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 with people wanting to make an impact

    Cons

    too much red tape, beurocracy , and blackbox decision making at executive level with little feedback loop. middle-management is has a yes boss attitude

    Neutral Outlook
    No opinion of CEO
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