BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated October 23, 2017
575 reviews

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4.0
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BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
252 Ratings

575 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "BMO"

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

    I worked at BMO Financial Group as an intern

    Pros

    Good culture, great atmosphere, and bank on the upswing

    Cons

    No formal process and very disorganzied management structure

    Advice to Management

    continue the investment into the bank, but also pay attention to management issues, personnel, and deadbeat bankers


  2. "Intern Position"

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

    I worked at BMO Financial Group (Less than a year)

    Pros

    Great Pay, Good location, smart supporting staff

    Cons

    lot of busy work, dont get to sit in on many meetings

  3. "Customer Service Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Relaxed Management, supportive if youre not meeting your sales goals, good training

    Cons

    Pressure to make sales when its not realistic most of the time

    Advice to Management

    Offer continuous training to employees


  4. "Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Analyst in Milwaukee, WI
    Former Employee - Tax Analyst in Milwaukee, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time (More than 8 years)

    Pros

    This company has great benefits and treat employees well.

    Cons

    Does not apply. Great company


  5. "Respected company to work for in Canada"

    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 full-time (More than 3 years)

    Pros

    People and customer oriented; strive for perfection

    Cons

    no strong company in United States


  6. "Good company for working parents"

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

    I worked at BMO Financial Group full-time (More than 3 years)

    Pros

    Great work/life balance and flexibility

    Cons

    Hard to move up because most of the good jobs are for Canadian employees in Toronto

    Advice to Management

    Recruit good talent in the US versus transplanting Canadians to take on leadership roles in the US. It's demoralizing for current employees and not developing local talent in the organization


  7. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    I worked at BMO Financial Group part-time

    Pros

    Managers were typically accommodating, and did everything to help you succeed. If you did your job well, and wanted to work, you quickly gain extra hours.

    Cons

    Sales. I hated to have to work referrals.

  8. "Ok"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group full-time

    Pros

    Working on becoming a player in the us

    Cons

    Growing pains while getting bigger


  9. "Equity Analyst"

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

    I have been working at BMO Financial Group full-time

    Pros

    Good work/life balance, good people

    Cons

    Office is in Times Square

    Advice to Management

    Do not have anything that is vital for management


  10. "Major Transformation taking place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology Program Manager in Chicago, IL
    Former Employee - Technology Program Manager in Chicago, IL
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time (More than 3 years)

    Pros

    International
    Diversity
    Good People
    Small Bank feel
    Canadian Bank
    Positive Company Culture

    Overall great organization that is trying to become a major player in the Financial Services space .

    Cons

    Limited planning across all levels
    Doing more with less
    Many silos across different areas
    Very slow at implementing solutions
    Senior leadership not willing to "roll up their sleeves"
    Not enough coaching at the tactical or front line levels
    Too much reliance on Consultants and not investing in the Full time Employees.
    Too focused on putting out fires and not addressing long term solutions.
    Need to develop stronger Lead Technology and Senior Technology Officers across Enterprise.
    Off Shore model needs to be carefully evaluated.

    Advice to Management

    You need to take time to take care of your top performers and listen to front line staff.


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