BMO Financial Group - Commercial Banking Officer in BMO | Glassdoor
There are newer employer reviews for BMO Financial Group
There are newer employer reviews for BMO Financial Group

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"Commercial Banking Officer in BMO"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Commercial Banking Officer in Calgary, AB (Canada)
Former Employee - Commercial Banking Officer in Calgary, AB (Canada)
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

BMO is one of the largest financial institutions in Canada, hence there maybe many internal opportunities depending on the overall performance of the economy.
In this role, you will get some exposure to credit analysis, and potentially have an opportunity to become a relationship manager. However, in general, management wants to hold you on this position for at lease 2 years. If you want to switch your career from personal banking to commercial banking, this will be a good start.
There is work life balance in this position, normally from 8 to 5. (Depending on your team too, for my previous team, I sometimes need to work until 11)

Cons

Salary for this position is low, starting 39k. I don't know other people in the same position in different financial institutions, so I can't compare. The absolute value to me is low.

Advice to Management

Increase salary.

Other Employee Reviews for BMO Financial Group

  1. "After working for many years and retiring, the experience was positive overall."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Toronto, ON (Canada)
    Current Employee - Senior Analyst in Toronto, ON (Canada)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Generally a good work environment with reasonable benefits. Retirement pay is quite reasonable as well.

    Cons

    Managment very rigid and unwilling to accept new ideas and concepts. People promoted to management positions who are clearly not qualified and only received job because they kept rubbing the right shoulders.

    Advice to Management

    Be more progressive and accepting of new treads. To embrace the new young clients, they should be able to access their accounts and other important details easily from a smartphone. Be forward looking and embrace NFC payments and similar technologies.


  2. Helpful (2)

    "Bad firm"

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

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

    Pros

    Paid Overtime, decent benefts, good location.

    Cons

    Management is incompetent, not held accountable for anything.

There are newer employer reviews for BMO Financial Group
There are newer employer reviews for BMO Financial Group

See Most Recent

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