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.