BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated July 20, 2018
1,889 reviews

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3.6
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Approve of CEO
BMO Financial Group Chief Operating Officer Darryl White
Darryl White
106 Ratings

1,889 Employee Reviews

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Pros
  • "great work life balance and flexibility" (in 138 reviews)

  • "Work life balanced; good benefits but salary may not be so competitive; good in-house learning opportunities" (in 122 reviews)

Cons
More Pros and Cons

  1. "Client service representative"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great place to work and to build relationships

    Cons

    No cons, great place to work


  2. "Commercial Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Financial Analyst in Brookfield, WI
    Current Employee - Commercial Financial Analyst in Brookfield, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time (More than a year)

    Pros

    three and a half weeks vacation

    Cons

    Compensation and upward mobility is low

  3. "Worked at BMO for 5 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group full-time

    Pros

    Very customer focussed organization, personalized service. Excellent benefits, competitive salary. Invests in technology to keep pace. Opportunities to move within the bank into various roles.

    Cons

    Changes in the business model have had an impact on some division's individual workloads and this can lead to skewed work/life balance and morale issues.


  4. "TA BMO PB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trust Administrator in Chicago, IL
    Current Employee - Trust Administrator in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time (More than 3 years)

    Pros

    Technology is scheduled to improve in 2019
    Senior managers / upper management cares

    Cons

    Many of my co-workers have a poor work ethic for example, talking and texting on a cell phone all day seems to be tolerated. And I do mean all day. At times, co-workers are away from their desk for hours socializing. Where is the accountability?

    Advice to Management

    Socializing should not be a priority over productivity and performance. Many employees have their priorities wrong and you need to do something about it.


  5. "Things are changing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group part-time

    Pros

    Great Benefits
    Good Hours
    Good Vacation Time

    Cons

    Tight with budget
    Customers seem to come second


  6. "The Best Bank I've Ever Worked At"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Financial Group full-time (More than 5 years)

    Pros

    Fair compensation
    Generally respectful culture
    Good benefits

    Cons

    Jealously guarded fiefdoms
    Bureaucratic
    Passive aggressive communication


  7. "Legal Counsel"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BMO Financial Group full-time

    Pros

    allow you to work independent

    Cons

    is a big bank so slow moving

  8. "Premier Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Premier Banker in Madison, WI
    Current Employee - Premier Banker in Madison, WI

    I have been working at BMO Financial Group full-time (More than 10 years)

    Pros

    Very good 401k and company match. Good paid time off as well.

    Cons

    Work life balance. Impossible to meet expectations without working excessive hours each week.

    Advice to Management

    Stop cutting staff based on the numbers on a report. Part of your model is “Human” yet the employees have yet to see that.


  9. "Good place"

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

    I have been working at BMO Financial Group full-time (Less than a year)

    Pros

    Good work life balance, good partners, relaxed work environment

    Cons

    Insufficient documentation for procedures, slow pace and lack of urgency


  10. "Admin Asst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time (More than a year)

    Pros

    Nice place to work great hard working people

    Cons

    More like a college frat house


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