BMO US reviews

3.4

54% would recommend to a friend

(1,935 total reviews)

Darrel Hackett

21% approve of CEO

54% positive business outlook

BMO US has an employee rating of 3.4 out of 5 stars, based on 1,935 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BMO US employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
2.0
Apr 23, 2018

Solid Performer Fired w/ no Severance after 23yrs

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I enjoyed many opportunities in my nearly 24 year career , and worked with many great people.

Cons

Unsympathetic management and HR/employee relations after difficult family time and longstanding solid career. Fired rather than enabled to transition to position with a better fit for all - and NO Severance. Walked out like a criminal, even after working extra hours and receiving positive customer feedback. All about VOLUME, and no VALUE / loyalty toward employees.

1.0
Jun 5, 2015

BMO sucks

Recommend
CEO approval
Business Outlook

Pros

Benefits are good and so is the pay but that is the only pros. Health insurance is pricey if you want the good plan. Double what I have paid at other large corporations for the same thing. If you are looking for a company to get "experience" work here because this is the most unorganized, unprofessional and worst training program of any corporation I've been through. You learn nothing in the training and everything from your co-workers, so pray that you start at a branch with experienced staff.

Cons

It is chaos here and they use salesforce so it really sucks. Commission pay is capped and is changed every month to every quarter and not in a good way. Numbers get harder and harder to hit especially when products you are selling Back office uses snail mail to communicate. Internal employees don't list their phone numbers and the only way to get a hold of them is via email....they never respond. Some departments don't even have numbers. Trying to get in touch with a special unit or collections takes all day and no one returns calls. Loan processing here takes twice as long as other banks. I had a heloc app take 69 days just to get a decline because of information that was known the first week of the application. In my one year at a medium to large branch the turn over rate was very high. My branch went through 4 branch managers and 5 other staff members in 12 months. Everything here is done on paper and lots of it. I have seen a business waste more than BMO. All systems are separate and require separate logins for all 13 programs, no single signons at all. Internal programs are constantly crashing or locking out during your sign in. There seem to be large barriers between departments, especially retail and back office. Upper management is good depending on the market but employees move around so much you wont have the same upper management for more than 6 months.

Viewing 1 - 3 of 1,935 Reviews

Glassdoor has 2,115 BMO US reviews submitted anonymously by BMO US employees. Read employee reviews and ratings on Glassdoor to decide if BMO US is right for you.