Bank of Montreal, or BMO, prides itself on having an entrepreneurial, fast-paced, and collaborative culture. To this end, they employ over 2800 employees across 33 cities worldwide. These employees desire to increase the amount of good done in business and life.
As is the case with any interview you step into, it is crucial to weave in values you hold dear so that the interviewer can see that you are a person governed by principle. You are a strong applicant when you have your technical base and can convey values.
A notion that you will run into when you investigate the Bank of Montreal for any amount of time is that they seek to multiply the good in business and life. Therefore, subtly referencing similar values as you answer questions in your interview will convince interviewers that you are a ready fit.
As a successful and renowned organization, the Bank of Montreal seeks to add new talent to its operations through a recruitment process containing multiple steps. Below are details about this process and a list of questions you may face during your interviews.
The Interview Process
Applicants have reported a recruitment process similar to others in the industry. This process will generally include the following:
1. Initial Contact
This first contact will come after the applicants apply online. Applicants then go through a cursory video or phone interview, where they will likely be asked questions about their resume and other behavioral-type questions.
2. First Interview
Progressing applicants are then invited for an in-person interview, where they are asked behavioral and technical-type questions.
3. Second Interview
This second interview will also contain similar questions as the first interview. Still, it will occur with another individual, likely a managing director.
4. Additional Interviews
Many applicants have attended a super day in the recruitment process. This will include many more interviews with questions akin to ones experienced before. Behavioral questions and technical questions will be asked intermittently during these interviews.
Throughout this interview process, you will be asked questions to decipher your ability to make sound decisions in pressure situations. The interviewers also seek to prove whether you have the necessary financial knowledge for the work.
BMO has refined its interview process to find employees who will deliver the desired competency and commitment they seek. Understanding the recruitment process will allow you to maintain your composure during the extensive interviews.
As you move through interviews with different individuals, attributes, words, and concepts will allow you to stick in your interviewer's mind. In addition, contemplating how you plan to present yourself beforehand will help you show yourself as a promising prospect.
Bank of Montreal Interview Questions and Answers
Below, you can find many questions that previous applicants have experienced during the interview process with BMO.
One of the most important things you can do is understand why these questions are asked and the general values being measured by these types of questions. Many times a specific attribute is what they are hoping to find in your answers.
Technical questions can be random and scattered across concepts, so memorizing the answer to just a couple may not fulfill a satisfactory amount of due diligence. However, ensuring that your foundation in financial concepts is sound will help you more than anything else.
As you address behavioral questions, try to weave into your answers the values and purposes of the organization at large. For BMO specifically, talk about your desire to “grow the good” in business and life. Examples of these values from your life can be impactful.
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