BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated February 16, 2017
222 reviews

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5.0
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BMO Financial Group President and CEO, BMO Financial and Director Bill Downe
Bill Downe
123 Ratings

222 Employee Reviews

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Pros
Cons
  • Work life balance can be compromised if you do not set clear boundaries (in 36 reviews)

  • But the good part is that CSR's have really easy sales targets (in 46 reviews)

More Pros and Cons

  1. "great company"

    Star Star Star Star Star
    • 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

    Pros

    great comoany. team oriented i love working here

    Cons

    nothing i love this company


  2. "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Corporate Audit
    Former Employee - Corporate Audit
    Recommends
    Approves of CEO

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

    Pros

    Great management, upward mobility, training and good benefits

    Cons

    None - it's a large corporation so there are extra hoops to jump through at times, but worth it.

    Advice to Management

    continue to validate and promote employees from within


  3. Helpful (1)

    "Great Company to work for"

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

    I have been working at BMO Financial Group full-time (More than 5 years)

    Pros

    17 Days Paid Vacation the day you start. Up to 7% 401(K) match with 5% contribution.Flexible work hours. Great diversity, and you are treated with respect.

    Cons

    There are some workplace prisoners there who sometimes challenge the change in the organization.

    Advice to Management

    Replace some of the outdated internal technologies. Focus to engage the workplace prisoners to better manage the performance.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Fund accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Milwaukee, WI
    Current Employee - Fund Accountant in Milwaukee, WI
    Recommends
    Positive Outlook

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

    Pros

    Great benefits package and management staff

    Cons

    Building is outdated. Promotions have long approval process.


  6. "Awesome flexible culture"

    Star Star Star Star Star
    • Culture & Values
    Former Intern - Trading Products in New York, NY
    Former Intern - Trading Products in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Learn a ton in a more relaxed, laidback environment. Very flat hierarchy

    Cons

    At times uncompetitive, we could have been pushed harder


  7. "One of the best you will find.."

    Star Star Star Star Star
    • 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

    Pros

    No one in this industry is treated great these days, but BMO is as close as you'll get to someone really caring. Work/life balance is actually valued-at least as far as back office. If you are a hard worker and don't need to be told what to do, you'll do fine. They really contribute during catastrophes, to charities, environmental fundraisers/volunteering.

    Cons

    Messy with controls being in different countries.

    Advice to Management

    They are doing what they can to organize.


  8. "Solid company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Chicago, IL
    Current Employee - Manager in Chicago, IL
    Recommends
    Positive Outlook

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

    Pros

    Opportunities to grow your career; good culture

    Cons

    There have been significant cuts to health care and pension benefits in the past year.


  9. "Great work life balance"

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

    Pros

    BMO has good work life balance

    Cons

    But has experienced average deal flow across sectors


  10. "Sales relationship"

    Star Star Star Star Star
    • 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

    Pros

    Competitive salary. Career Growth potential is unlimited. Diversity is important. Ethics are important.

    Cons

    Organizational stability is a work in progress.

    Advice to Management

    Strong management that is always looking for future growth.


  11. "Great Career Choice"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    Pros

    Excellent training programs and promotional opportunities

    Cons

    Technology challenges need to be overcome

    Advice to Management

    Remain focussed on priority business lines and improve technology



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