Banco do Brasil Reviews | Glassdoor

Banco do Brasil Reviews

Updated February 11, 2017
62 reviews

Filter

Filter

Full-time Part-time

3.6
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Banco do Brasil CEO Alexandre Correa Abreu
Alexandre Correa Abreu
12 Ratings

62 Employee Reviews

Sort: Popular Rating Date

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

  • Great place to work, good benefits, a lot of opportunities open, great environment of work, colleagues usually offer help (in 4 reviews)

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

  • Lots of red tape, low productivity, low efficiency and low moral (in 3 reviews)

More Pros and Cons

  1. "Great benefits"

    Star Star Star Star Star
    • 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.


  2. "Client service representative"

    Star Star Star Star Star
    • 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


  3. Helpful (2)

    "Private Banker"

    Star Star Star Star Star
    • 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.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "as a mom"

    Star Star Star Star Star
    • 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


  6. "Compliance analyst"

    Star Star Star Star Star
    • 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!


  7. Helpful (1)

    "Dead end job"

    Star Star Star Star Star
    • 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.


  8. "Intern"

    Star Star Star Star Star
    • 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.


  9. "Global Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Officer in Union City, NJ
    Former Employee - Global Officer in Union City, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great place to work, where you have many perks, and where you can plan and build your career.

    Cons

    Public institution. You have to face some bureaucracy and some times is difficult to deal with people that is not really committed with their job.


  10. Helpful (1)

    "USA employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Flexibility, nice people, excellent benefits

    Cons

    Low pay,inequality among employees treatment and salaries.
    A financial institution in US but wants to function within Brazil's culture.


  11. "Treasury Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Orlando, FL
    Former Employee - Anonymous Employee in Orlando, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Banco do Brasil full-time (More than 3 years)

    Pros

    Great learning opportunity - must speak portuguese in order to succed

    Cons

    no career or salary growth

    Advice to Management

    career opportunities should be given



Showing 62 of 64 reviews
Reset Filters