Bank of Brazil competition: another profession can pay 3 times more than the selection process and companies are disputing this professional

O Banco do Brasil released the results of its public tender most recent on the 14th and did not please many candidates. Most concurseiros were left out – only 6 thousand people were approved, while more than 1.5 million applied.

The vacancies, which were commercial agent and technology, will offer monthly salary that can reach R$ 5,436, including the benefits.

But, while millions of people fought in the contest to receive the equivalent of 4 minimum wages and 99.6% of applicants were rejected, another profession has “plenty of” vacancies and can pay, on average, 3 times more than that.

A profession that has been increasingly requested by large banks and brokerages can pay a average salary of more than R$ 18,500 per month and is looking for new professionals (even without any experience in the area).

This is without considering the extra remuneration, which averages BRL 15,000, but can reach BRL 120,000 per year. If you put it on the tip of the pencil, it is possible

receive more than 6 figures per year with the monthly remuneration and benefits of this sector:

Source: Glassdoor (07/25/2023)

With such attractive payouts, you might think that this feature comes with a ton of requirements. But, on the contrary, the requirements are so simple that they come to surprise:

• You don't need college;
• No experience needed, and;
• It can pay high wages anyway.

If you want to know how it is possible to join in this profession that can pay 6 figures a year, I suggest you continue reading.

I'll explain all the details about what it takes to specialize as one of the most sought after professionals by banks and brokerages.

Big companies are 'disputing' this professional 

Public tenders, such as the one at Banco do Brasil, are usually extremely desired by Brazilians due to their above-average wages and the advantages of paid vacations and holidays. Not to mention the stability of hardly being fired.

The problem is that getting Passing an exam is like finding a needle in a haystack.. There are many years of study and an amount of competitors that is unfair.

In the case of the most recent contest at Banco do Brasil, for example, there was a list of more than 250 candidates per vacancy.

But in this other profession of the financial market, The supply of vacancies is usually much higher than the number of professionals available in the market.

Take a look at the flood of jobs waiting to be filled with a quick Google search:

In public tenders, due to the extremely high number of applicants, it is the professionals who usually have to “play hard” for a vacancy. In this other profession, they are companies that fight for qualified candidates.

This is because large financial institutions are increasingly realizing how valuable this professional is for the business. And they are accepting to pay dearly for it for two reasons:

1. Few people are available for this position;
2. They generate so much revenue for the companies that, even though they may receive salaries from maharajahs, they still make a profit.

Companies are facing a serious problem: there are just over 20,000 professionals in this role in the market.

It is not an amount that will be able to meet the demand of financial institutions for a long time. And, in the current scenario, it is the exact moment to enter this profession…

This professional is becoming more and more important in the market; understand

The financial market is experiencing a movement that may favor companies' demand for these professionals.

That's because the number of investors is increasing and the search for people who perform this function in the financial market tends to follow the same pace:

Source: Anbima (04/06/2023)

With the sequence of declines expected in the Selic rate soon, the market expects that more and more Brazilians are interested in investing in the stock exchange, for example.

In this scenario, it is very likely that companies in the financial sector will need more professionals to deal with this investor boom.

Is question of supply and demand: the more people enter the financial market, the more professionals will be needed and the higher the salaries of those who are already immersed in this profession.

Therefore, it is an area that still has a lot to grow and those who enter now, while there are still vacancies, can have a lot to benefit from.

See how to change careers and say goodbye to the Banco do Brasil contest

The truth is that it doesn't matter what area you are interested in in the Banco do Brasil contest. Same if it has nothing to do with finance and investments, this will not be a problem to enter the profession highly demanded by the big banks and brokerages.

This is because, as mentioned earlier, it is not necessary no experience in the field, much less a degree.

Any Brazilian, of any age – as long as they are over 18 years old –, regardless of level of education can make a career transition to this profession linked to investments.

But it takes take the first step to qualifyand stand out to seek the best salaries.

A Empiricus, one of the biggest demanders of this profession in the current market, wants to train new professionals in this segment.

The research house, which is in the same group as a brokerage firm, has created specialized training for people interested in this profession.

In day August 7th, Empiricus will explain step by step, in an online and free event, how it works to enter this function and seek the “fat” salaries of the financial market.

Remember: it is possible to have an average monthly income of R$18,500 even if you have never studied finance.

Just put your name on the interested list. in this link or the button below. This could be a watershed so that you no longer need public tenders to boost your career and financial life.