Brazil: Risk managers in demand for fast growing financial sector

Risk management is increasingly coming to the fore in Brazil’s newly booming banking sector. Operational risk managers with good experience are therefore suddenly in demand, with above-average remuneration available for those up to the task

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Brazil’s resurgent banking market has encouraged a hiring boom. A number of new entrants in investment banking and a couple of blockbuster retail banking deals are stimulating the demand both for front-office, and risk and compliance professionals.

The health of Brazil’s banking system can be gauged by the Brazilian unit of Santander’s initial public offering in October, which was the largest in the world so far this year. It raised $8.1 billion, mostly from foreign investors keen to capitalise

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