We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817. BMO provides personal and commercial banking, global markets and investment banking services to 13 million customers and clients. And with over 54,000 employees, we take caring for our people seriously.
When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow.
You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so you can build a meaningful career and thrive as a part of a winning culture.
Sound like your kind of place? Then we should be co-workers.
Rating Reviews
Rating is calculated based on
88
reviews and is evolving.
Pros: BMO U.S. truly emphasizes career growth, offering clear paths and development opportunities for a Retail Relationship Banker. I've gained a lot of knowledge in the banking industry through their training programs and the support from my direct management team. The teamwork at our branch in Ellensburg is fantastic; everyone's willing to help out and share expertise, which really fosters a positive work environment.
Cons: Sometimes, during peak times or when new products roll out, the workload for a Retail Relationship Banker can feel a bit heavy. Also, while career progression is clear, the internal approval process for moving into new roles or gaining advanced certifications can occasionally feel a little slow. It's a minor thing, but it could be streamlined.
Advice to Management: Focus on streamlining internal approval processes for career development and continue investing in resources to help manage workload during peak business cycles for front-line retail banking staff.
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Pros: BMO U.S. provides excellent job security, which is a major plus in the financial services industry. As a VP, SBA Specialty Finance Officer, I've always felt valued and secure in my role, especially considering the scale of this large bank. The team in Seattle, WA is collaborative, and there's a strong emphasis on continuous learning and professional development, which helps with career growth. The work environment is professional yet friendly, and I enjoy the autonomy I get in managing my SBA
Cons: While job security is strong, sometimes the sheer size of BMO U.S. means that internal approval processes can be a bit slower than ideal, impacting the speed of some SBA loan transactions. This can occasionally lead to increased workload during peak periods, especially as we aim to hit our lending targets. Communication flow regarding company-wide initiatives could also be more streamlined, occasionally creating minor inefficiencies for those of us in specialty finance roles.
Advice to Management: Continue to invest in technology to streamline internal processes, especially for specialty finance groups like SBA lending. Clearer communication channels regarding strategic changes would also benefit VPs like myself, ensuring everyone is aligned. Fostering opportunities for inter-departmental
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Pros: One of the biggest strengths at BMO U.S. is the clear pathway for career growth. As a Manager, Customer Insights & Reporting, I've had access to excellent training programs and mentorship opportunities, significantly developing my leadership and analytical skills. Within the banking and financial services industry, there's a strong emphasis on internal mobility and advancement for those who are proactive. My manager has actively supported my learning journey and goal setting, which is
Cons: While the opportunities for advancement are robust, the approval processes for new initiatives or significant changes can sometimes feel a bit drawn out due to the sheer size of the organization. This can occasionally impact project timelines. Also, during peak reporting periods, the workload for our customer insights team can get quite heavy, requiring occasional extra hours. Streamlining some procedures or better resource allocation could help alleviate some of this pressure and improve
Advice to Management: I'd advise management to continue investing in professional development programs, particularly for mid-level managers within the customer insights and analytics departments. Further streamlining some internal approval workflows could also enhance agility and responsiveness across different teams.
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What's the dress code for remote meetings at BMO U.S. in Chicago?
For remote meetings at BMO U.S., business casual is generally fine for most roles in financial services. I usually wear a nice top or a collared shirt, keeping it professional for video calls.
What is BMO U.S.'s approach to long-term growth and innovation in the financial services industry?
BMO U.S. focuses on client-centric strategies and digital transformation to drive growth, aiming to be a leading North American bank. I've seen their commitment to investing in technology and talent firsthand, which really shapes their company strategy.
What's it like leading category management teams at a large financial institution like BMO U.S. in Chicago?
Leading category management at BMO U.S. means collaborating across a major North American bank, influencing strategy, and developing talent. It's a dynamic environment where clear communication is key to driving results for our commercial clients.
What's the best way to follow up with a BMO recruiter after applying for a financial analyst role in Chicago?
After applying online for a financial analyst position at BMO in Chicago, I found a polite email through LinkedIn to my assigned recruiter was the most effective way to check on my application status.
What's the culture like for category management leaders at BMO U.S. in Chicago?
At BMO U.S., leaders in category management collaborate closely, with a strong emphasis on clear communication and data-driven decisions. It feels like a supportive environment where your insights directly influence strategy.
What is the typical follow-up process after an interview at BMO U.S. in Chicago?
After my interview for a data analytics role at BMO in Chicago, I received a thank-you email from the recruiter within 48 hours, outlining the next steps and timeline.
Is payroll always on time at BMO U.S. for entry-level banking roles in Chicago?
Yes, I've found BMO U.S. payroll to be very reliable since starting my analyst role in Chicago. Direct deposit has always hit my account on the scheduled payday.
Does BMO U.S. offer internet reimbursement for remote employees in the financial services industry?
Yes, as a remote employee at BMO U.S., I've found they do offer a stipend to help cover internet costs, which is a nice perk for working from home in roles like data analysis.
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