Started as a great place but the work environment went from encouraging to toxic - Information Security BMO US Employee Review

2.0
Sep 27, 2019
Recommend
CEO approval
Business Outlook

Pros

When I started several years ago at BMO corporate in Information Security. My interview was excellent, management was motivating. BMO still has the chance to sway back to greatness. The pay is not market, but the benefits and bonuses are not bad. PTO is terrific Bonus is good, but being in the Finance industry, you learn quickly that other companies pay higher bonus percentages than BMO. Some telecommute opportunities.

Cons

Where to start. Whe I first started at this company, it was a breath of fresh air. Did not feel what you would think a corporate bank would feel like. The culture was terrific. In fact, most of the staff were always in high spirits and felt encouraged by open communication. That no longer exists. Everyone is now on pins and needles all of the time. People on constantly fearing if their job is safe, and rapidly, the work environment has turned into a revolving door. Micromanaging: The micromanaging at this company is by far the worst I have ever seen in my entire career. In my opinion, and I am sure some of my coworkers could agree, this company has made a 180 in the wrong direction as to how they treat their employees. While I can specify who or when people are constantly quitting. Poor Management: It seems as of lately that we are getting a lot of off the cuff changes, without a real plan as to how to implement them, then leaves employees to fend for themselves. I strongly feel that with so many people coming and going, these managers do not get the change to become true experts at what they were hired to do, which creates a huge gap in communication and causes confusion even further when they implement changes that do not make sense. In my opinion, this type of revolving-door issue causes the teams to be always in a repair state. Overworked Employees: While the PTO here is terrific, the work/life-balance has tanked. Taking time off has become rather difficult because coverage is sparse. We are constantly dealing with last-minute requests by management, with short turnarounds, no communication or guidance. It has taken time away from my family and self-development. Constant berating from management: Again, while it is almost cliche to blame a manager, or use one as a scapegoat for the poor quality of work, the case here is that of these senior managers have very poor people skills. it almost seems like we have new managers every year, and there is never one who has enough time to learn the processes before another takes their place. But as of late, it seems like managers are less and less communicative. Some are even extremely negative. They don't point out accomplishments but they do constantly point out mistakes.

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5.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team, growth, good bonus

Cons

Lean team, nights / weekend deployments

1.0
Apr 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Pros: • Great coworkers who foster a supportive team environment. • Strong commitment to community engagement and involvement. • Attractive annual bonuses and competitive quarterly compensation.

Cons

Cons: • High levels of sales pressure, which can be overwhelming at times. • Concerns about management, particularly after the hiring of former Bank of America leadership; implementation of their sales culture. • Recent changes to branch names (now referred to as Financial Banking Centers) suggest a shift towards Bank of America's practices. • Many branch managers are on performance improvement plans and face pressure to meet 100% of their goals weekly, leading to a stressful work environment. • There are reports of unethical sales practices that may require regulatory attention. Overall: BMO offers a positive work atmosphere with great benefits, but the increasing sales pressure and management issues may raise concerns for potential employees.

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