No Direction. No Support. Ridiculous Turnover. - Retail Relationship Banker BMO Financial Group Employee Review

1.0
31 Oct 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, and zero attempt to fix it.

Explore other reviews about BMO Financial Group

5.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Fun job to work good benefits

Cons

no cons really great company

2.0
10 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Worked with a few great people

Cons

Lack of career mobility Management in Canada was disconnected from the US Low pay

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