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BMO Financial Group Careers, Benefits, Review

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Every day we set our sights higher, inspired by our purpose and energized by the opportunity to create positive change. Come join a culture that’s abo...

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CEO of BMO Financial Group
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Darryl White
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BMO Financial Group Employee Reviews
Featured review

Fantastic place to start a career

12/13/2023 - Retail Relationship Banker at Chicago, IL
Recommends
Positive outlook
Approves of CEO

Pros

- Invest in their employees - Plenty of opportunities for promotion - Plenty of vacation time

Cons

- Incentives paid out quarterly - If you don't place in the top 5% in your market, then your incentive will be similar to the other 95% of colleagues in your market. Can be hard to increase your incentive pay if there are other strong performers in your market.

Workplace diversity

At BMO, we celebrate diversity and see it as our strength. Across our operations – in our boardrooms, meeting rooms, branches, contact centres, and everywhere in between – our commitment to diversity and inclusion helps ensure that everyone at BMO feels valued, respected and heard.

 

The benefits of diversity, equity and inclusion

Teams that are both diverse and inclusive attain higher levels of engagement, loyalty and growth – that diversity of thought leads to innovation and better decision-making. As a company that is founded on strong relationships, we know that diversity and inclusion help us better reflect different communities’ needs, goals and perspectives, so we are well-positioned to serve them.

 

Our diversity, equity and inclusion strategy

Our Leadership Committee for Inclusion and Diversity (LCID), which comprises 25 senior executives from across the bank, has developed a bold, multi-year strategy to drive performance by excelling at diversity and inclusion. We are focused on achieving industry leadership by increasing diversity across all levels of the organization through ambitious workforce representation goals. Our employees have the option to participate in one of our 14 Employee Resource Groups (ERGs) which help foster an inclusive workplace by bringing together people with similar interests, values, or affinities.

 

Supporting diversity, equity and inclusion beyond BMO

Our commitment to diversity and inclusion doesn’t stop at our doors. We support customers and communities through a range of initiatives, such as making banking more accessible to customers with disabilities, contributing to enterprise-wide and branch level celebrations of cultural expression, developing the first Registered Disability Savings Plan and sponsoring Toronto’s Pride and Remembrance Run. BMO is proud to foster inclusion in the communities where we do business, and to support the diversity of all our employees and customers.

Employees

Championing Employees

At BMO, we focus on the strategic development and management of our people. By offering a workplace that supports and welcomes individuals from many diverse communities and provides opportunities for career and personal fulfilment, we build a reputation as an employer of choice. At the same time, we enhance our ability to attract and retain the talented, engaged and diverse workforce we need to best serve our customers and succeed as a business – it makes sense.

Diversity

At BMO we are unflinching in our commitment to diversity and inclusion.

We are proud to create an environment where all of our people can succeed.  We are committed to workforce diversity and workplace inclusion and we know that this differentiates us as a leading employer-of-choice. We know that with leadership comes responsibility.

We engage our people in aligning business goals that are both diverse and inclusive. We remove barriers and strengthen the diversity of our leadership. And we align our diversity and inclusion efforts with our business strategy, in a way that enables BMO to capitalize on the strengths and perspectives of all of our people and become the bank that defines great customer experience.

Community

BMO is committed to helping improve the quality of life in the communities where we live and work. Our desire to make a contribution is deep-rooted, dating back to our first hospital donation in 1835.

BMO’s approach to community investment includes:

  1. Corporate giving
    We contribute to the quality of life in the communities where we operate through donations and sponsorship programs.
  2. Supporting employee activities
    We support our employees’ involvement in community activities they are passionate about.
Careers

At our company, we have been helping our customers and communities for over 190 years. Working with us means being part of a team of talented, passionate individuals with a shared focus on working together to deliver great customer experiences.

We stand behind your success with the support you need to turn your potential into performance. Whether you're just starting out in your career, are looking to build on an established foundation, or are ready for a career change, BMO offers a range of career possibilities where you are encouraged to explore your potential and contribute to your fullest.

BMO® Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives.

BMO Financial Group Awards & Accolades

Bloomberg Gender-Equality Index (GEI), Bloomberg, 2021 World’s Most Ethical Companies, Etisphere, 2021 2021 Report on Business Women Lead Here, The Globe and Mail, 2021 BMO Recognized among LinkedIn Top Companies, LinkedIn, 2021 BMO Named One of the World's Most Ethical Companies, Ethisphere Institute, 2020