BMO US reviews

3.5

55% would recommend to a friend

(1,941 total reviews)

Darrel Hackett

36% approve of CEO

56% positive business outlook

BMO US has an employee rating of 3.5 out of 5 stars, based on 1,941 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
4.0
Jan 28, 2017
Recommend
CEO approval
Business Outlook

Pros

Work-life balance, opportunities for promotion, competitive home lending rates, competitive certificate of deposit rates, competitive money market account promotions, competitive customer targeted bonuses, benefits such as 2% employer core retirement contribution, 100% employer match retirement contribution up to 5% of pay, tuition reimbursement, 136 hours of vacation and 10 days of sick pay.

Cons

Difficult sales goals, outdated internal technology, outdated online banking website, no Veterans Affairs loan/deposit products, conservative lending requirements compared to competition, initiates frequently change, non-competitve credit card products, understaffed (specifically Customer Service Representatives, tellers)

2.0
Aug 9, 2016
Recommend
CEO approval
Business Outlook

Pros

It is located downtown if you do not want to commute to the suburbs

Cons

The company still acts like a small local bank and with senior leadership lacking any strategy or ability to align different groups to effectively compete. The under investments in infrastructure and uneven talent make it a very frustrating workplace for anyone who cares.

3.0
Jul 13, 2016

Decent company

Recommend
CEO approval
Business Outlook

Pros

Great team and great products. Decent bonuses for hitting monthly goal(which is very easy). Management listens to your concerns. They shortened their hours which is good if you have a family.

Cons

They don't pay well especially if you're promoted internally. The loan process takes longer than normal. The underwriting on loans aren't very good.

Viewing 82 - 84 of 1,941 Reviews

Glassdoor has 2,121 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.