Banco do Brasil Reviews | Glassdoor

Banco do Brasil Reviews

Updated August 17, 2017
70 reviews

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3.7
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Banco do Brasil CEO Alexandre Correa Abreu
Alexandre Correa Abreu
15 Ratings

70 Employee Reviews

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Pros
  • Great work environment, everyone is extremely friendly and work load is not too crazy (in 5 reviews)

  • Good conditions to work, a lot of opportunities to grow, several courses and another reasons (in 3 reviews)

Cons
  • Low pay,inequality among employees treatment and salaries (in 3 reviews)

  • state-owned company, civil servants mentality, nobody gets fired (in 3 reviews)

More Pros and Cons

  1. "BB Americas"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Banco do Brasil full-time

    Pros

    Great work environment with diversity.

    Cons

    Should have a better training for new comers that is goal oriented.

    Advice to Management

    The entire bank should recieve updates as to what the goals of management are.


  2. "There are better options in the job market"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Orlando, FL
    Former Employee - Analyst in Orlando, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Banco do Brasil full-time (More than a year)

    Pros

    Healthcare benefits and work schedule (35 hours per week)

    Cons

    Compensation is too low compared to the US market, there are no career opportunities if you are not Brazilian.
    Everyone is always late even for meetings and that is disrespectful to other employees.especially Americans that are not used to being late.
    The duties are very operational and repetitive, no room to learn new skills and there is no investment in technology.

    Advice to Management

    Be open to accepting new ideas and listen to your employees, make sure managers treat employees with respect.

  3. "Compliance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Compliance Analyst in Orlando, FL
    Current Employee - Compliance Analyst in Orlando, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Banco do Brasil full-time (More than 3 years)

    Pros

    Great benefits/ health insurance / Flexibility/ 35 hours per week

    Cons

    Salary is one of the lowest around... Rarely there is a raise


  4. "Client service representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Representative in Miami, FL
    Former Employee - Client Service Representative in Miami, FL
    Doesn't Recommend
    Negative Outlook

    I worked at Banco do Brasil full-time (Less than a year)

    Pros

    Health insure is great from them and also the co works they are nice

    Cons

    You don't have no rise . If you be relocate to other departments maybe you can have.treatment by the team líder is not fair and very rude.you be hired for some job and you have more what they tell you. Training is zero . They just put to work and try the best with other co worker for you can do your job.

    Advice to Management

    They need to be more careful and respectful with employees.Because I thing if you treat people fair you can get more than you expect from them


  5. "Great benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Banco do Brasil full-time

    Pros

    The benefits are amazing

    Cons

    The bank is starting in USA so everything is just new.


  6. Helpful (4)

    "Private Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Banking Account Officer in Miami, FL
    Former Employee - Private Banking Account Officer in Miami, FL
    Doesn't Recommend
    Negative Outlook

    I worked at Banco do Brasil full-time

    Pros

    Company has a very wide and deep reach within the Brazilian market which feeds a high number of new clients to the Miami private banking office each week. Office equipment is also top notch, since company doesn't spare expenses as a government controlled entity. Health insurance is also fully paid and has no deductibles. (BUT beware that if you ever need COBRA, the individual cost of this insurance continuation will be enormous)

    Cons

    Low pay for private banking market and high employee turnover that management doesn't seem to care about at all. Low diversity with all employees being basically Brazilian with temporary US visas and some even with US passports and most others are Spanish speaking Hispanic Americans. Basically nobody is Anglo American with US upbringing or even US work experience. This is a typical government company with a foreign management team made up of only Brazilian expats who are unresponsive to US market conditions and even they own high net worth clients. All they care about is what the upper management measures down in Brazil. Management also doesn't seem to know some key values of American corporate environment or even some of its basic labor regulations. For instance, employees are not welcomed to give improvement ideas which are usually considered "criticism" by the Brazilian management who don't seem to think that lower level staff can actually "think" of anything useful. There is also signs of possible cronyism with various key roles in the company being occupied by friends or family relations of other Brazilian members of the main company's management team. US-based employees can never be transferred to or be employed by Banco do Brasil in Brazil because they must be hired locally in Brazil as public servants via national examinations. Lastly, only Brazil-based staff seem to be able to become general managers even in foreign operations outside of Brazil.

    Advice to Management

    Stop the high turnover because it is bad for clients. Hire local US managers with US training and experience outside of Banco do Brasil to gain more perspective and help you to understand the best practices of the US market. Hire US workers of other ethnicities who don't have Brazilian or Spanish ancestry to create more diversity. Hire workers with at least a college degree.


  7. Helpful (1)

    "as a mom"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Banco do Brasil full-time

    Pros

    Fast paced changing enviromment. Challenging.
    Beautiful values.

    Cons

    Under the federal administration of a corrupt country.
    Beautiful in theory, but doenst follow its own precepts

  8. "Compliance analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Copliance Analyst in Orlando, FL
    Current Employee - Copliance Analyst in Orlando, FL
    Recommends
    Positive Outlook

    I have been working at Banco do Brasil full-time (More than a year)

    Pros

    great culture in the job and also Great employees
    Flexibility
    Schedule
    Great Benefits

    Cons

    the salary is definitely Salary way too low!


  9. Helpful (1)

    "Dead end job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Benefits, flexible schedule, bonus, paid federal holidays

    Cons

    No career incentive, driven by who do you know not by employees skills.

    Advice to Management

    Definitely change the whole structure to US standards. Company is not in Brazil, therefore it should not run likewise.


  10. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate - Projects in New York, NY
    Former Employee - Associate - Projects in New York, NY
    Recommends
    Approves of CEO

    I worked at Banco do Brasil (Less than a year)

    Pros

    great learning opportunity and working team.

    Cons

    no opportunity to grow in the company without public contest admission.


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