Was a great company, now changing... - Bank Manager BMO US Employee Review

2.0
Jul 8, 2014
Recommend
CEO approval
Business Outlook

Pros

Great benefits, friendly employees, not a lot of micro-management.

Cons

Technology and products are not competitive and yet goals are increasing. Promised shareholders profits and made it very difficult for employees to make bonuses. High Market Manager turnover, and many of the Market Managers are not aware of the Bank Manager job challenges and are not helpful. Training is terrible, most of the time it is a tutorial that must be squeezed in inbetween customers. Many of the branches are very short-staffed and yet still responsible for goals which have increased over 200% in some cases.

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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