Global Fixed Income Trader – FX & Rates Specialist

BPI (Bank of the Philippine Islands); Makati; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

The Bank of the Philippine Islands is seeking a Fixed Income Trader to contribute to revenue targets through proprietary trading of government and credit instruments in FX-denominated securities. You will formulate market views, develop trading strategies, and support inventory management and compliance within risk limits.

The role requires a strong background in finance or economics, with a focus on fixed income, rates, and credit markets, and a preference for advanced finance credentials.

Qualifications

• Bachelor's Degree in Finance, Economics, Business Administration, Accounting, or a related field.
• Master's Degree or graduate-level certification in Finance, Economics, Investments, Treasury, or related disciplines is preferred.

Responsibilities

• Execute proprietary trading of foreign currency fixed income securities, including G7, Australia/New Zealand government bonds, sovereign bonds, and credit instruments across primary and secondary markets to achieve revenue targets.
• Develop market views and trading strategies across rates, sovereign, and credit markets through analysis of credit spreads, basis trades, yield curves, and fixed income structures.
• Conduct technical, fundamental, and macroeconomic analysis to identify trading opportunities and support investment decisions.
• Assist in inventory and portfolio management by monitoring positions, assessing risks, and optimizing performance within approved limits.
• Prepare market outlooks, investment recommendations, and market intelligence to support trading decisions and Treasury objectives.

Job description

The Bank of the Philippine Islands is seeking a Fixed Income Trader to contribute to revenue targets through proprietary trading of government and credit instruments in FX-denominated securities. You will formulate market views, develop trading strategies, and support inventory management and compliance within risk limits.

The role requires a strong background in finance or economics, with a focus on fixed income, rates, and credit markets, and a preference for advanced finance credentials.