SM at BMO pay range?

Seeing pay range for level 8 is 79-153 base? Assume bonus is like 5-10%?

So all in comp up to 170?

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Various by group - I’d say it ranges from 115 to 140 base.

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79 is too low for a SM and 153 is too high. I would say the range is likely 95-125 (base) with 10% bonus

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This sounds more like it; although bonus range may be up to mid or high 20% I would say.

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That range seems very odd on my opinion. Can’t be that wide, specially at a bank.

RBC range is 75-115k for reference. I assume the big5 ranges are somewhat similar.

SM at TD is 110 to 135 if I’m not mistaken

It really depends on the team tbh. SM can either be a senior analyst type of role or an actually senior manager as in consulting due to the title inflation in banks lol. But i agree with what the others have said. It would roughly be around 95k - 120k base.

What is the equivalent level of a Senior Advisor role in BMO ? Same as a senior manager or not? I saw the salary band on glassdor between 97 to 122k is that true? Any insight will be appreciated

Accept nothing less than 110K base for a level 8 or prepare to walk. BMO is notorious for low balling initial offers. (its known on the street as the "back-up bank" and BMO recruiters leverage that hoping its your point of no return.

Fun Fact: entry offer to level 7 SM is 90K.

Bonus is depends on LOB, Cap markets and wealth is higher but also discretionary , while Commercial and T&O is lower but defined.

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