4.0
7 Nov 2011
Anonymous employee
Former employee
Chicago, IL
Recommend
CEO approval
Business outlook
Pros
BMO is committed to diversity, great customer experience, and fairness to employees. There is tremendous opportunity for advancement at more junior levels in both the US and Canada.
Cons
More and more decision making is being done in Toronto, leaving those in the US with little chance to impact the company. Decision making is frustratingly slow and prone to reversal if full concensus can't be obtained. Very little recognition of the competitive nature of the US market; BMO only sees the other Canadian banks as competitors, and those banks cooperate more than compete. Top US employees have limited career advancement opportunities unless they move to Toronto.