BMO Capital Markets Reviews | Glassdoor

BMO Capital Markets Reviews

Updated April 26, 2017
136 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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BMO Capital Markets CEO Patrick Cronin
Patrick Cronin
5 Ratings

136 Employee Reviews

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Pros
Cons
  • Not much work/life balance although that comes with the job anywhere (in 8 reviews)

  • Analyst and associates have poor work life balance even for investment banking (in 8 reviews)

More Pros and Cons

  1. "Great culture and fantastic career opportunities for junior bankers"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Chicago, IL
    Current Employee - Vice President in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at BMO Capital Markets full-time (More than a year)

    Pros

    Receive a lot of responsibility, ability to reach up/variety of work, investment in employee development, growing business, company culture fosters strong team environment, culture of giving back to the community

    Cons

    Some processes are cumbersome/outdated, technology is not cutting edge, "entrepreneurial spirit" sometimes fringes on disorganization, high level management decisions sometimes come off as out of touch with general employee base sentiments

    Advice to Management

    Listen to junior bankers more, diligence an idea/conduct focus groups on it before rolling it out widely, be more deliberate and less reactionary


  2. "Corrosive environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BMO Capital Markets full-time (More than 5 years)

    Pros

    Money is about it. They tried to keep up with the market in terms of salary pay.

    Cons

    Everything else. Demotivating as hard work that ends in results have little to no affect on incentive pay or early promotion. Environment is very political. Management changes are constant at the top resulting in a great deal of posturing at every level down from there.


  3. "Corporate Banking Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Banking Analyst in Chicago, IL
    Current Employee - Corporate Banking Analyst in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BMO Capital Markets full-time (Less than a year)

    Pros

    Great environment. Opportunities to move around from group to group.

    Cons

    Smaller investment and corporate bank that operates in the middle market.


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  5. "Severely behind competition in all areas"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at BMO Capital Markets full-time (More than a year)

    Pros

    More responsibility with smaller deal teams

    Cons

    Negative work environment, worse deal flow than competitors, longer hours than competitors, and lower pay


  6. "Aviod this place, especially the Equity research department its horrible."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Equity Research Associate in New York, NY
    Former Employee - Equity Research Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BMO Capital Markets (More than a year)

    Pros

    None, the place is a breeding ground for psychopaths.

    Cons

    Mafia like culture, where analyst intimidate and harass associates.
    Work hours more than 100+ per week
    Management unresponsive to sweatshop like work conditions.
    Analyst seen abusing Associates over the most minor issues.

    Advice to Management

    Fire all your Analyst.


  7. "BMO, a friendly Canadian bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in New York, NY
    Former Employee - Senior Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Canadian bank with a friendlier culture than many of its US peers
    - Nice, smart people who come from bulge bracket firms, looking to have a better work-life balance
    - Highly professional employees with strong work ethic and respect for colleagues and clients

    Cons

    - More modest pay than at bigger shops
    - HR is pretty clueless, mostly outsourced with not much oversight/quality check

    Advice to Management

    Strengthen the HR system


  8. Helpful (2)

    "Sr. Exec Asst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in New York, NY
    Former Employee - Executive Assistant in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at BMO Capital Markets (More than a year)

    Pros

    The benefits are good, but becoming increasingly expensive. Out of pockets cost continue to escalate. Vacation and leave policy is also good, but you desperately need that time off to regroup from the day to day dysfunction.

    Cons

    Poor communication amongst
    Disjointed, disorganized, inconsistent management
    Management not properly trained to be inclusive, objective, or communictive

    Advice to Management

    Retrain managers!
    Allow the ball to bounce both ways and allow anonymous critique of managers from their direct reports...that way you can spot patterns to address. Most importantly, address and follow up, don't continue to allow poor managers to exist


  9. "general overview"

    Star Star Star Star Star
    Current Employee - Equity Research Analyst in New York, NY
    Current Employee - Equity Research Analyst in New York, NY

    I have been working at BMO Capital Markets full-time

    Pros

    BMO is still investing to improve the business overall. There seems to be less egos than larger shops. benefits are good

    Cons

    The bank is still very Canada focused.


  10. Helpful (1)

    "I&CB"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Capital Markets full-time (More than a year)

    Pros

    Some of the senior bankers are very talented and reputable within the industry. Company offers good benefits and generous vacation days.

    Cons

    Politics can contribute to the deals you get to work on. Analyst and associates have poor work life balance even for investment banking.

    Advice to Management

    Pay is not competitive with industry standards. There is a huge disconnected between the satellite offices and New York. Analysts work more hours compared to others in investment banking.


  11. "BMO Cap Markers"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Support Specialist in Chicago, IL
    Former Employee - Systems Support Specialist in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BMO Capital Markets (More than 3 years)

    Pros

    Solid Company, opportunities to advance if positions become open

    Cons

    Very conservative with salary and bonus.


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