BMO Financial Group Director Reviews

Updated 6 May 2020

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3.1
65%
Recommend to a Friend
97%
Approve of CEO
BMO Financial Group Chief Operating Officer Darryl White
Darryl White
13 Ratings
  1. "Great place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in Pickering, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at BMO Financial Group full-time

    Pros

    Amazing people and lofty organizational ambitions to positively impact shareholder value, customers and the communities they operate in.

    Cons

    At times, reactive approach to productivity targets often results in reorgs, role eliminations, performance and compensation decisions that negatively impact culture and a motivated employee population.

    BMO Financial Group2020-04-29
  2. "Great place to start a career, but very political"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great opportunities, many different roles within one company. In house training facility is top notch, whether for BMO specific, industry related or even to host training onsite.

    Cons

    Large old bank mentality still exists in pockets. Senior leaders don’t listen to or trust those below and regularly make changes without proper due diligence. Causes confusion, a lot of churn, frustration, and often a return to the way it was before. Senior leaders don’t manage poor performers well, lots of people that shouldn’t be there at all or certainly not in managing positions.

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    BMO Financial Group2020-05-06
  3. Helpful (1)

    "Bad Culture"

    1.0
    Current Employee - Director 

    I have been working at BMO Financial Group full-time

    Pros

    Good pay...bad atmosphere and toxic culture

    Cons

    Bad corporate culture, with many layoffs and future uncertainly

    Continue reading
    BMO Financial Group2020-01-14
  4. "Great Culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Montreal, QC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BMO Financial Group full-time for more than 10 years

    Pros

    Great culture; cares about employees, opportunity for personal development

    Cons

    Some of the processes are outdated but there is a company focus on improving them.

    BMO Financial Group2019-12-03
  5. "Great for those that are looking to grow"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Marketing Director 
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Strong leadership, get people and highly collaborative environment

    Cons

    Needs to focus on innovation and compensation

    BMO Financial Group2019-09-20
  6. "US Investment Bank with Midwestern and Canadian culture"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Managing Director in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Culture is friendlier, less competitive than New York investment banks Pay is competitive to industry

    Cons

    Experience will be very dependent on the specific group that you are working in

    BMO Financial Group2019-10-03
  7. Helpful (1)

    "Depends on the part of the organization"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Managing Director in Chicago, IL
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at BMO Financial Group full-time for more than 3 years

    Pros

    Average benefits and if you're in the US within Tech, Risk, or Compliance usually have the option to work some days remotely. Some good leaders, however, a lot of high level leadership turnover with the former CEO retiring...some good ones left, some bad ones left too.

    Cons

    Overall lower pay than competitors for tech and tech risk jobs. We consistently lost out on hiring top talent because the process for approval of an offer and/or counter offer took too long. Initial offers were no where near the competition for US employees. With a Canadian company, harder to get anywhere with Canadian based HR when it came to the US job market and attracting and retaining talent.

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    BMO Financial Group2019-09-23
  8. Helpful (1)

    "They're not there to help anyone"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

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

    Pros

    Nice people generally. Ok benefits.

    Cons

    They tend toward patronage appointments rather than putting the best person in the role. Recently there has been a move to Americanizing which is having a detrimental impact on culture. It is no longer a great place to work.

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    BMO Financial Group2019-08-28
  9. "Not Too Bad"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Director in Toronto, ON
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Structured and a large business

    Cons

    too big and can't mobile in order to channel success

    BMO Financial Group2019-08-27
  10. "Great Place To Work"

    4.0
    Current Employee - Director 

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

    Pros

    If you're looking to solve customer facing problems at a large scale, then this organization is for you. We have a cutting edge digital agenda and are moving aggressively to solve real consumer painpoints when it comes to online and mobile banking. Great company culture and People.

    Cons

    It's a bank so sometimes you have to work with the existing processes as it can take quite a bit to change them.

    BMO Financial Group2019-08-08
Found 35 reviews