Banco do Brasil Reviews

Pros

Lots of work, normally good work environment, friendly, good benefits such as medical, dental, 401K plan, nice work schedule and paid holidays.

Cons

Lots of work, not so much lots of recompensation or remunaration, not so much training or tuition reimbursement, no TV in teh break room

Advice to Senior Management

Management should get to review each and all employees performance more closely and have a plan to motivate employees, specially in the annual performance evaluation process

Pros

Good health plan, good chance of growing up and make a career, helps pay a private college. Stability.

Cons

Very boring, electronic point, very exhausting.

Pros

Present throughout the national territory and 21 other countries, the Bank of Brazil is charged with, according to its corporate philosophy is "To be a competitive and profitable bank, promote sustainable development of Brazil and to fulfill its public function efficiently."

Cons

Despite having a policy for career openly accessible to all employees, they are actually occurs are the sponsorships, where only one who is well connected get their rise.

Advice to Senior Management

Improve the program for career advancement, with clearer regulations and goals.

Pros

You have good benefits, 100% coverage for employee + family.

Cons

Rude and uneducated staff.
Very low compensation compared to similar jobs in American companies.
They lie about work schedule and job duties on the interview.

Advice to Senior Management

Have a training program for new employees.
Make sure managers treat employees with respect.

Pros

If you want to jump into the Finance\Banking Industry is a great place to start. Just don't stay there for too long or your career will end up dead.
It's a laid back environment with a lot of exposure to Brazilian culture, if that is something that you're looking for.
Benefits are good, 100% coverage, including family.
Work week is 35 hours.

Cons

It may sound a cliché, but management is totally dysfunctional. The reason for that is that upper management comes from Brazil for 5 years turns at the Bank. That creates a lack of continuity in leadership and in the long term planing and execution of long term projects. Every 5 years is a merry go round...
Brazil is very different from the US and the Managers that come from there have a hard time adjusting to the US culture, laws and regulations and US employees. That causes a lot of misunderstanding and lack communications between US based employees and Brazilian Managers.
Very little chances of career advancement for non-Brazilians at any level.
Lots of red tape, low productivity, low efficiency and low moral.
The IT dept is a joke, no real vision and extreme RED tape for anything regarding technology. Again the top IT Managers are from Brazil and they rotate every 5 years.
One very important thing to be aware is that Banco do Brasil is majority controlled by the Brazilian government (60%). Top management positions at the Bank are all political. Brazilian government and politics are well know for the extreme bureaucracy and high corruption, but things are getting better.

Advice to Senior Management

Hire some experienced US based and US educated senior Management and let them rule the ship regarding US operations and US employees.