Location: São Paulo, Brazil

Reports to: Head of Fixed Income Trading

Position Overview

We are seeking an experienced and dynamic Fixed Income Trader to join our trading team in São Paulo. The ideal candidate will have a deep understanding of the Brazilian fixed income market, with hands-on experience trading BRL local currency bonds, dollar-denominated global bonds, DI Futures and FX. This individual will play a critical role in executing and managing trades, developing trading strategies, and monitoring macroeconomic developments that impact local and global bond markets.

Key Responsibilities

• Execute trading strategies across BRL sovereign bonds, global USD bonds, and related FX positions with best execution.
• Monitor market flows, liquidity, and pricing to identify trading opportunities.
• Develop and implement short- to medium-term strategies aligned with market conditions.
• Provide trade ideas and market insights to the broader investment team.
• Track macroeconomic, monetary, fiscal, and geopolitical developments affecting Brazil’s fixed income and FX markets.
• Assess and manage credit, interest rate, and currency risks to align with portfolio objectives.
• Manage liquidity, funding, and risk exposures within approved limits.
• Coordinate with risk and treasury teams to optimize balance sheet usage and funding strategies.
• Maintain disciplined position sizing, stop-loss adherence, and risk-reward evaluation.
• Build and sustain strong relationships with brokers, market makers, and counterparties to enhance market access and execution quality.
• Represent the firm to strengthen its presence and franchise in the Brazilian market.

Qualifications & Requirements

• Minimum 3 years of hands-on trading experience in BRL local currency bonds, dollar-denominated bonds, and FX markets.
• In-depth knowledge of Brazilian macroeconomic and political landscape, central bank policy, and debt issuance dynamics.
• Strong analytical skills, with the ability to quickly interpret complex market data and translate it into actionable strategies.
• Demonstrated track record of risk management and P&L generation in volatile market environments.
• Excellent communication and interpersonal skills, with fluency in both Portuguese and English preferred.
• Bachelor’s degree in Finance, Economics, or a related field; advanced degree or CFA designation is a plus.

Why Join Us?

This is an exceptional opportunity to work at the forefront of Brazil’s dynamic fixed income market. You will join a collaborative, entrepreneurial team with global reach and significant resources, offering you the platform to make a meaningful impact on trading performance and strategy.