Banking careers in Brazil: public exams and recruitment

The banking sector in Brazil offers various career paths through both private selection processes and public examinations (concursos). While private banks utilize their own recruitment methods, such as interviews and tests, public institutions and mixed-capital companies like Banco do Brasil, Caixa Econômica Federal, Banco do Nordeste, and Banestes typically require passing a public exam.

Successful candidates in these public exams are generally hired under the Consolidation of Labor Laws (CLT) regime as public employees rather than statutory officials. The process involves several stages, beginning with the institution defining vacancies and hiring a specialized organization to manage the exam, which is governed by a formal public notice (edital) detailing requirements, salaries, and exam content.

There is growing interest in these opportunities due to attractive salaries and professional growth potential. Specifically, Banco do Brasil has recently signaled a need to reinforce its workforce, increasing expectations for upcoming selection processes.