BMO Financial Group Commercial Account Manager Reviews | Glassdoor.co.uk

BMO Financial Group Commercial Account Manager Reviews

Updated 10 Oct 2019

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4.5
93%
Recommend to a Friend
100%
Approve of CEO
BMO Financial Group Chief Operating Officer Darryl White
Darryl White
1 Rating
  1. "Commercial side was good..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Commercial Account Manager in Vancouver, BC
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I worked at BMO Financial Group full-time for more than 5 years

    Pros

    They give you a lot of freedom provided that you're hitting all of your targets. The culture is pretty good as most people are respectful. Compensation was on par with the other banks.

    Cons

    It's a hard place to adjust to. Their technology is pretty bad and very difficult to master. Tons of people have left as a result of the technology rollout in 2014.

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    BMO Financial Group2019-10-10
  2. "BMO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Commercial Account Manager in Laval, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time for more than 5 years

    Pros

    Great work environment, management listens to feedback from employees

    Cons

    Lengthy delays to close business deals

    BMO Financial Group2018-02-19
  3. Helpful (1)

    "Great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Commercial Account Manager, Midmarket in Vancouver, BC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group for more than 3 years

    Pros

    Fantastic team who truly care about the client. The commercial bank where I worked has a good attitude towards promoting people and moving compensation as performance justified it.

    Cons

    Still a bank - compensation differential between the best and worst on our sales team is not nearly big enough for the difference in our work levels.

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    BMO Financial Group2017-01-13
  4. "Commercial Account Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Commercial Account Manager in Vancouver, BC
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at BMO Financial Group full-time for more than a year

    Pros

    Great training that lasts up to 9 months. Flown to various cities to go over training and credit.

    Cons

    Lower than industry average salaries.

    BMO Financial Group2016-11-16
  5. "Commercial Account Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Commercial Account Manager 
    Positive Outlook
    No Opinion of CEO

    I have been working at BMO Financial Group

    Pros

    People, training, benefits, company history and partners

    Cons

    Salary, involvement of upper management, competitiveness

    BMO Financial Group2016-01-22
  6. "BMO Financial Group"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Commercial Account Manager in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time for more than 10 years

    Pros

    Great benefits and pension since its a tier 1 Canadian bank. Meet great people. Numerous amounts of opportunity to move within the company. Offices, branches all over the country for flexible work arrangements.

    Cons

    Corporate restructure or strategy changes too often where you cannot gain any traction on whether an existing strategy is working or not. Typical big corporation politics. Performance expectations are unrealistic.

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    BMO Financial Group2015-12-21
  7. Helpful (3)

    "Great company - tough job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Commercial Account Manager in Vancouver, BC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time for less than a year

    Pros

    Strong management, flat organization chart, great benefits, fantastic working environment, and a refreshing commitment to making the overall company a better place to work and do business with.

    Cons

    Targets are achievable but not easy, this is not a job that you can slack, you really need to put your work in to make it happen.

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    BMO Financial Group2015-11-21
  8. "Commercial Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Commercial Account Manager in Calgary, AB
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time

    Pros

    some of the colleagues that I worked with were absolutely amazing, very friendly, helpful IFL is a great place that has you collaborate with other colleagues from around the country, facilitators are highly trained and provide you with the necessary feedback to improve your skills

    Cons

    the culture of the business is a negative, their commercial account manager training program is dreadful (even HR admits it) coaching is a joke (non-existent) promotions for those who don't necessarily know what their doing but have been suck-ups in their career

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    BMO Financial Group2015-05-23
  9. Helpful (2)

    "Deteriorating Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Commercial Account Manager 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time for more than a year

    Pros

    Employed, salary fair, vacation fair

    Cons

    Outdated systems all throughout the Company. Loan platforms are complex and open for mistakes which leads to compliance issues. Credit people are so old that they cannot come to terms with today's lending needs of the customers. Instead of managing risks, credit room eliminates risks by declining much of the loan applications unless clients willing to give their house as collateral - Bank does not like to have a lending value deficit. Long hours inputting information on loan platform. Too many unnecessary tasks for the Account Mgr to deal with - for example documenting client information & having to attest to it; my take is that the Bank wants this documented so that when someone leaves the organization, the replacement has a way of connecting the dots with the client. Morning meetings that are meaningless at branch level which includes commercial staff.

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    BMO Financial Group2015-03-29
  10. "Good, not great."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Commercial Account Manager in Vancouver, BC
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at BMO Financial Group

    Pros

    Flexibility in the markets we choose to enter locally. They took a risk in hiring a younger worker.

    Cons

    Training is not the greatest for newer employees. New employees held to same standards as veteran employees with little assistance from managers (who are too busy) and coworkers (it's not their job.

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    BMO Financial Group2015-02-03
Found 16 reviews