Fixed Income Proprietary Trader – LATAM Local Currency & Global Bonds

Mamoru; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A financial services firm is seeking an experienced Fixed Income Trader to manage trading strategies for Latin American bonds and USD-denominated instruments. The role involves executing trades, developing strategies, and monitoring macroeconomic trends. Candidates should have at least 3 years of experience in relevant markets, strong analytical abilities, and excellent communication skills. A Bachelor's degree in finance or related fields is required, with additional qualifications being advantageous.

Qualifications

• Minimum 3+ years of experience in LATAM local currency bonds, USD-denominated bonds, and FX markets.
• Solid knowledge of LATAM macroeconomic and political landscape.
• Proven track record of disciplined risk management and P&L generation.

Responsibilities

• Execute trading strategies across LATAM local currency and USD-denominated bonds.
• Monitor market flows and pricing to identify trading opportunities.
• Develop strategies informed by macroeconomic and political developments.

Skills

LATAM local currency bonds

USD-denominated bonds

FX markets

Strong analytical skills

Risk management

Communication skills

Education

Bachelor's degree in finance, Economics, or a related field

Job description

Location: London / New York / São Paulo

Reports to: Head of Fixed Income Trading

Position Overview

We are seeking an experienced Fixed Income Trader to join our team, covering LATAM local currency sovereign bonds, including Colombia, Peru, Bolivia, Venezuela, Paraguay, and Brazil, alongside selected USD-denominated global bonds and related FX/rates instruments.

The ideal candidate will play a critical role in executing and managing trades, developing trading strategies, and monitoring macroeconomic developments across LATAM and global markets, with strong analytical skills and a deep understanding of regional macroeconomic and political trends. This individual will provide insights into the broader global investment team and help shape the firm’s LATAM fixed income trading strategy.

Key Responsibilities

• Execute trading strategies across LATAM local currency bonds, selected USD‑denominated global bonds, and related FX/rates positions with best execution
• Monitor market flows, liquidity, and pricing to identify trading opportunities across the region
• Develop and implement short‑to‑medium‑term strategies informed by macroeconomic, fiscal, and political developments
• Provide trade ideas and market insights to the broader investment team
• Track macroeconomic, monetary, fiscal, and geopolitical developments affecting LATAM’s fixed income and FX markets
• Assess and manage interest rates, credit, and currency risks in line with portfolio objectives
• Manage liquidity, funding, and balance sheet usage within approved limits
• Coordinate with risk and treasury teams to ensure disciplined risk control and capital efficiency
• Build and maintain strong relationships with brokers, market makers, and counterparties to enhance execution quality
• Represent the firm to strengthen its presence in LATAM fixed income markets

Qualifications & Requirements

• Minimum 3+ years of experience in LATAM local currency bonds, USD‑denominated bonds, and FX markets
• Solid knowledge of LATAM macroeconomic and political landscape, central bank policy, and sovereign debt markets
• Strong analytical skills with the ability to interpret complex market data and translate it into actionable trading strategies
• Proven track record of disciplined risk management and P&L generation in emerging market environments
• Excellent communication and interpersonal skills; English required, Portuguese or Spanish highly advantageous
• Bachelor’s degree in finance, Economics, or a related field; advanced degree or CFA designation is a plus