Terrible - Retail Relationship Banker BMO US Employee Review

1.0
Nov 7, 2019
Recommend
CEO approval
Business Outlook

Pros

You can walk through the door above $40k/year.

Cons

Turnover rate is comical Technology is light years behind other institutions. Branches are UNBELIEVABLY understaffed. Leadership is non-existent. You're expected to make cold calls daily with a goal of AT LEAST 10 sales. You're calling the same customers monthly pitching whatever promotion is on the posters in branch until you either beat them into submission, or they close their accounts and change their phone numbers. You’ll be “coached.” daily if you're not selling a credit card to every person you come in contact with. Sales, sales, sales. Sales. Did I mention sales? Completely dependent on the snow bird population. (At least where I am.) Most managers are completely inept when it comes to leading or running an effective team, let alone being educated in banking. Zero brand recognition in our market, and zero attempt to fix it. You'll be promised the moon, but they're empty ones.

Explore other reviews about BMO US

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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