AP Capital is a diversified investment firm Globally trading equities, commodities, FX, fixed income (Bonds, Credit &amp; Rates). We adopt market neutral strategies to minimize the impact of market turbulence and maximize investment potential. Furthermore, we aim to provide risk-adjusted returns while improving liquidity.
As a Futures Trader specializing in the Iron/Steel/Coal sector, you will play a pivotal role in generating revenue.
Job Description:
<ul>
<li data-start="86" data-end="218">Develop and execute effective arbitrage trading strategies for iron, steel, and coal products, applying strong industry knowledge.</li>
<li data-start="221" data-end="335">Manage and take full ownership of China vs global futures arbitrage, covering both onshore and offshore markets.</li>
<li data-start="338" data-end="501">Consolidate business segment holdings, monitor brokerage and bank fund movements, review monthly positions, and provide timely updates to the trading supervisor.</li>
<li data-start="504" data-end="651">Gather, organize, and analyze industry data; track market trends; and prepare clear and insightful research reports to support trading decisions.</li>
<li data-start="654" data-end="764">Identify attractive investment opportunities by closely monitoring market movements and industry developments.</li>
</ul>
Qualifications:
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<ul>
<li data-start="124" data-end="279">3&ndash;5 years of hands-on experience in futures or securities finance, with proven exposure to futures or commodities arbitrage and a solid PnL track record.</li>
<li data-start="282" data-end="422">Strong market insight with good analytical, planning, and organizational skills; able to communicate, coordinate, and execute effectively.</li>
<li data-start="425" data-end="533">Proactive, responsible, and reliable, with strong problem-solving skills and a collaborative team mindset.</li>
<li data-start="536" data-end="615">Able to adapt to different work environments and perform well under pressure.</li>
<li data-start="618" data-end="725">Bachelor&rsquo;s degree or above in economics, finance, mathematics, statistics, engineering, or a related field.</li>
</ul>
If you are ready to contribute your expertise to a thriving trading environment, where your skills will be valued and your potential will be nurtured, AP Capital invites you to be part of our team. Join us in shaping the future of commodities trading.
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Proprietary Trader, Iron Ore / Steel / Coal (Singapore, HK or China)

Proprietary Futures Trader &ndash; Agricultural
AP Capital is seeking an experienced Proprietary Futures Arbitrage Trader to join our team, preference is in Singapore. HK or China can be considered. As a Futures Trader specializing in the agricultural sector, you will play a pivotal role in building the desk, trading book &amp; generating revenue.
You will lead and manage:
<ul>
<li>Trading Strategies: Utilize your expertise in the agricultural products industry to create and implement&nbsp;commodity arbitrage trading strategies and execution. (China vs Global arb)</li>
<li>Agricultural&nbsp;Futures Arbitrage: Take ownership of arbitrage trading for agricultural product futures and commodity futures, encompassing both offshore and onshore products. (products such as Grains, Veg Oils, Soy etc)</li>
<li>Holdings Analysis and Reporting: Organize and consolidate business segment holdings. Monitor brokerage bank funds and monthly positions, promptly communicating updates to the trading supervisor.</li>
<li>Industry Research and Reporting: Collect, organize, and analyze industry data. Monitor industry trends, conduct thorough research within your designated sector, and prepare insightful research reports.</li>
<li>Investment Opportunity Identification: Demonstrate a keen eye for recognizing valuable investment opportunities within the market.</li>
</ul>
Qualifications:
<ul>
<li>Relevant Experience: Possess a minimum of 3-5 years of hands-on experience within the futures or securities finance industry with&nbsp;Futures or commodities arbitrage and a solid PnL Trackrecord.</li>
<li>Market Insight: Showcase your perceptive market insights, combined with exceptional organizational, planning and logical analysis skills. Effective communication, coordination, and execution abilities are essential.</li>
<li>Initiative and Team Spirit: Demonstrate a strong sense of initiative, responsibility, and execution capability. Possess excellent communication and problem-solving skills, coupled with a collaborative team spirit.</li>
<li>Adaptability: Thrive in diverse work environments and effectively manage work pressure.</li>
<li>Educational Background: Hold a Bachelor's degree or higher in economics, finance, mathematics, statistics, engineering or related field.</li>
</ul>
If you are ready to contribute your expertise to a thriving trading environment, where your skills will be valued and your potential will be nurtured, AP Capital invites you to be part of our team. Join us in shaping the future of agricultural commodities trading.

Proprietary Futures Trader – Agricultural (Singapore, HK or China)

Mid to Senior Level &ndash; Permanent full time
AP Capital is a diversified investment firm, globally trading equities, commodities, FX, and fixed income (Bonds, Credit &amp; Rates). We adopt market-neutral arbitrage strategies to minimize the impact of market turbulence and maximize investment potential. Our goal is to provide risk-adjusted returns while enhancing liquidity.
We are looking for a Fixed Income / Rates focused Proprietary Trader with a global macro perspective. The successful candidate will be responsible for developing and executing trading strategies, managing risk, and generating profits across rates and other fixed income products on a global scale.
Key Responsibilities
<ul>
<li data-start="965" data-end="1142">Develop and implement proprietary trading strategies focused on global rates products, including interest rate futures, interest rate swaps, CDS, CDX, and related instruments.</li>
<li data-start="1145" data-end="1258">Conduct thorough market analysis and research to identify trading opportunities across global macro strategies.</li>
<li data-start="1261" data-end="1358">Execute trades efficiently and effectively, ensuring compliance with risk management protocols.</li>
<li data-start="1361" data-end="1456">Monitor and manage portfolio risk, adjusting strategies as necessary to optimize performance.</li>
<li data-start="1459" data-end="1578">Collaborate with other traders, analysts, and risk management teams to share insights and enhance trading strategies.</li>
<li data-start="1581" data-end="1710">Stay updated on global market trends, economic indicators, and regulatory changes impacting the rates and fixed income markets.</li>
<li data-start="1713" data-end="1807">Prepare regular reports on trading performance, market conditions, and strategy adjustments.</li>
</ul>
Qualifications
<ul>
<li data-start="1833" data-end="1981">Bachelor&rsquo;s degree in Finance, Economics, Mathematics, or a related field. Advanced degrees or relevant certifications (e.g., CFA, FRM) are a plus.</li>
<li data-start="1984" data-end="2090">Minimally 3 years proven experience and track record as a proprietary trader with a focus on credit and rates products in a global context.</li>
<li data-start="2093" data-end="2172">Strong analytical skills and the ability to interpret complex financial data.</li>
<li data-start="2175" data-end="2264">Excellent risk management and decision-making abilities with a successful track record.</li>
<li data-start="2267" data-end="2325">Proficiency in trading platforms and financial software.</li>
<li data-start="2328" data-end="2376">Strong communication and interpersonal skills.</li>
<li data-start="2379" data-end="2461">Ability to work independently and as part of a team in a fast-paced environment.</li>
</ul>
What We Offer
<ul>
<li data-start="2486" data-end="2537">Competitive salary and performance-based bonuses.</li>
<li data-start="2540" data-end="2596">Opportunities for professional growth and development.</li>
<li data-start="2599" data-end="2646">A dynamic and collaborative work environment.</li>
</ul>

Proprietary Trader - Global Macro Rates (Dubai)

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 Buenos Aires. The ideal candidate will have a deep understanding of the Argentine fixed income market, with hands-on experience trading ARS local currency bonds, global bonds, 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
<ul>
<li data-start="30" data-end="146">Execute trading strategies across ARS sovereign bonds, global bonds, and related FX positions with best execution.</li>
<li data-start="149" data-end="209">Monitor market flows, liquidity, and pricing in real time.</li>
<li data-start="212" data-end="301">Develop and implement short- to medium-term strategies to capture market opportunities.</li>
<li data-start="304" data-end="391">Provide market insights and trade ideas leveraging local expertise and relationships.</li>
<li data-start="394" data-end="507">Track macro, monetary, fiscal, and geopolitical developments impacting Argentina&rsquo;s fixed income and FX markets.</li>
<li data-start="510" data-end="591">Assess credit, interest rate, and currency risks to ensure portfolio alignment.</li>
<li data-start="594" data-end="665">Manage liquidity, funding, and risk exposures within approved limits.</li>
<li data-start="668" data-end="759">Coordinate with risk and treasury teams to optimize balance sheet and funding efficiency.</li>
<li data-start="762" data-end="849">Maintain disciplined position sizing, stop-loss controls, and risk-reward management.</li>
<li data-start="852" data-end="990">Build strong relationships with brokers, market makers, and counterparties to enhance execution and strengthen the firm&rsquo;s market presence.</li>
</ul>
&nbsp;Qualifications &amp; Requirements
<ul type="disc">
<li>Minimum 3 years of hands-on trading experience in ARS local currency bonds, global bonds, and FX markets.</li>
<li>In-depth knowledge of Argentine macroeconomic and political landscape, central bank policy, and debt issuance dynamics.</li>
<li>Strong analytical skills, with the ability to quickly interpret complex market data and translate it into actionable strategies.</li>
<li>Demonstrated track record of risk management and P&amp;L generation in volatile market environments.</li>
<li>Excellent communication and interpersonal skills, with fluency in both Spanish and English preferred.</li>
<li>Bachelor&rsquo;s degree in Finance, Economics, or a related field; advanced degree or CFA designation is a plus</li>
</ul>

Fixed Income Proprietary Trader - ARS Local Currency & Global Bonds (Argentina)

AP Capital is a diversified global investment firm trading across equities, commodities, FX, and fixed income (bonds, credit &amp; rates). We employ market-neutral strategies to reduce volatility and deliver consistent, risk-adjusted returns while expanding into frontier markets.
We are seeking an experienced Proprietary Trader focused on frontier market local currency bonds and rates, specifically in&nbsp;Africa and CIS&nbsp;(Commonwealth of Independent States)&nbsp;regions&nbsp;. This is a unique opportunity to build and run a dedicated book in these high-potential, specialized markets.
Key Responsibilities
<ul data-start="1012" data-end="1710">
<li>Develop and implement proprietary trading strategies in&nbsp;local currency sovereign bonds and rates products&nbsp;across Africa and CIS Frontier Markets.</li>
<li>Conduct in-depth macroeconomic, credit, and political risk analysis to identify trading opportunities.</li>
<li>Execute trades efficiently while managing portfolio risk, with a sharp focus on&nbsp;sovereign credit risk, FX convertibility, and political event risk.</li>
<li>Monitor and optimize portfolio performance, ensuring adherence to firm-wide risk protocols.</li>
<li>Collaborate with analysts and other traders to share insights and refine strategies.</li>
<li>Stay updated on local market regulations, macroeconomic developments, and sovereign risk in frontier markets.</li>
<li>Prepare regular reports on trading performance, market conditions, and strategy adjustments.</li>
</ul>
Qualifications
<ul data-start="1733" data-end="2245">
<li>Bachelor&rsquo;s degree in Finance, Economics, Mathematics, or related field; advanced degrees or CFA/FRM a plus.</li>
<li>Proven experience trading&nbsp;frontier or emerging market local currency bonds/rates, specifically in Africa and CIS.</li>
<li>Strong understanding of local market structures, liquidity, settlement conventions, and FX management.</li>
<li>Excellent risk management, analytical, and decision-making skills.</li>
<li>Proficiency in trading platforms and financial software.</li>
<li>Strong communication and teamwork skills.</li>
</ul>
What We Offer
<ul data-start="2267" data-end="2456">
<li>Competitive compensation and performance-based bonuses.</li>
<li>Opportunity to expand and shape a frontier markets trading desk.</li>
<li>Dynamic, entrepreneurial, and collaborative environment.</li>
</ul>

Frontier Market Bonds & Rates Trader – Africa & CIS (Local Currency)

Reports to: Head of Fixed Income Trading
Position Overview
We are expanding our Fixed Income team, the firm&rsquo;s newest division launched in 2023, and are seeking a motivated and detail-oriented Execution Trader to join our Buenos Aires office. The ideal candidate will have foundational knowledge of the Argentine fixed income market, with exposure to ARS local currency bonds, global bonds, and FX. This role provides hands-on trading experience while supporting trade execution, market monitoring, strategy implementation, and senior traders.
Key Responsibilities
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Assist in executing trades across ARS-denominated sovereign bonds, global bonds, and related FX positions.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Monitor market flows, liquidity, and pricing to ensure accurate trade execution.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Actively support senior traders in capturing market opportunities and implementing approved strategies.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Track macroeconomic indicators, monetary policy updates, fiscal developments, and geopolitical events affecting the Argentine fixed income and FX markets.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Prepare summaries of market developments and assist in trade reporting.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Support monitoring of positions and risk exposures, ensuring adherence to trade limits, compliance guidelines, and risk protocols.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Assist in maintaining relationships with brokers, market makers, and counterparties.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Contribute to the team&rsquo;s understanding of the local market environment.</li>
</ul>
Qualifications &amp; Requirements
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo2; tab-stops: list 36.0pt;">1&ndash;3 years of experience in trading, execution, or market support, ideally with ARS local currency bonds, global bonds, or FX markets.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo2; tab-stops: list 36.0pt;">Strong understanding of the Argentine macroeconomic and political landscape, central bank policies, and debt markets.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo2; tab-stops: list 36.0pt;">Excellent analytical and numerical skills with strong attention to detail.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo2; tab-stops: list 36.0pt;">Effective communication and teamwork skills; Spanish and English proficiency preferred.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo2; tab-stops: list 36.0pt;">Bachelor&rsquo;s degree in Finance, Economics, or a related field; additional certifications (e.g., CFA) are a plus.</li>
</ul>
What We Offer
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo3; tab-stops: list 36.0pt;">Hands-on trading experience within a collaborative, high-performance Fixed Income team.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo3; tab-stops: list 36.0pt;">Exposure to both local currency and global bond markets, with mentorship from senior traders.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo3; tab-stops: list 36.0pt;">Opportunity to contribute to proprietary trading strategies and gain a strong foundation in execution and market analysis.</li>
</ul>

Execution Trader (ARS Local Currency & Global Bonds, Argentina)

Reports to: Head of Fixed Income Trading
Position Overview
We are expanding our Fixed Income team, the firm&rsquo;s newest division launched in 2023, and are seeking a highly experienced EU Sovereign Credit Trader. The ideal candidate will have deep expertise in European sovereign credit markets, executing trades and managing positions across EU sovereign bonds, CDS, and related instruments, with a strong track record of generating P&amp;L and deep knowledge of macroeconomic, fiscal, and political developments.
Key Responsibilities:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Execute proprietary trading strategies in EU sovereign credit, including bonds, CDS, and related instruments.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Monitor market flows, liquidity, and pricing to ensure optimal execution.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Identify and act on trading opportunities in response to macroeconomic, fiscal, and political developments.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Develop and implement medium- to long-term EU sovereign credit strategies.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Conduct in-depth analysis of European macroeconomic indicators, fiscal policies, central bank actions, and political events affecting sovereign credit.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Manage a proprietary risk portfolio, evaluating credit, duration, and currency exposures with disciplined risk-reward oversight.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Collaborate with research, risk, and other traders to refine strategies and enhance market insights.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo1; tab-stops: list 36.0pt;">Build relationships with brokers, counterparties, and research providers to strengthen the firm&rsquo;s EU sovereign credit franchise.</li>
</ul>
Qualifications:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Minimum 3 years of trading experience in EU sovereign credit instruments, including bonds and CDS.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Deep understanding of European sovereign debt markets, macroeconomic factors, and central bank policies.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Strong analytical and quantitative skills; ability to translate complex market data into actionable strategies.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Proven track record of P&amp;L generation and risk management in volatile markets.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Excellent communication skills; fluent in English, additional EU languages a plus.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;">Bachelor&rsquo;s degree in Finance, Economics, or a related field; CFA or advanced degree preferred.</li>
</ul>
What We Offer:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Competitive salary with performance-based bonuses.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Access to a dedicated proprietary trading platform with strong support infrastructure.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Career growth opportunities within a focused, high-performance, and collaborative team.</li>
</ul>

EU Sovereign Credit Trader

Reports to: Head of Fixed Income Trading
Position Overview
We are expanding our Fixed Income team, the firm&rsquo;s newest division launched in 2023, and are seeking a US Corporate Credit Trader with deep expertise in US corporate credit markets. In this role, you will drive proprietary trading strategies across investment-grade and high-yield corporate bonds, CDS, leveraged loans, and other related instruments.
Key Responsibilities:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Execute proprietary trading strategies in US corporate credit, including IG/HY bonds, CDS, and leveraged loans.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Conduct in-depth analysis of credit spreads, macro/microeconomic developments, and sector trends to identify trading opportunities.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Manage a proprietary risk portfolio with disciplined position sizing, stop-loss adherence, and risk-reward oversight.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Monitor market movements and dynamically adjust trading strategies to capitalize on relative value and market dislocations.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Collaborate with research, risk, and other traders to refine strategies and enhance market insights.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Leverage systematic and algorithmic tools where appropriate to improve trading efficiency and execution.</li>
</ul>
Qualifications:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Minimum 3 years of proprietary trading experience in US corporate credit, including IG/HY bonds, CDS, and leveraged loans.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Proven track record of generating consistent risk-adjusted returns in a fast-paced trading environment.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Strong quantitative, analytical, and decision-making skills.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Proficiency with Excel, SQL, Python, or other platforms for analytics, modeling, and strategy support.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Strategic thinker with ability to interpret complex market and macroeconomic data.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Comfortable operating under pressure and collaborating in a high-performance team.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Bachelor&rsquo;s degree in Finance, Economics, Mathematics, Engineering, or a related field; CFA or advanced degree preferred.</li>
</ul>
What We Offer:
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Competitive salary with performance-based bonuses.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Access to a dedicated proprietary trading platform with strong support infrastructure.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l2 level1 lfo3; tab-stops: list 36.0pt;">Career growth opportunities within a focused, high-performance, and collaborative team.</li>
</ul>

US Corporate Credit Trader

AP Capital is a diversified global investment firm trading across equities, commodities, FX, and fixed income (bonds, credit, and rates). We employ market-neutral strategies to reduce volatility and deliver consistent, risk-adjusted returns, with an expanding presence in frontier markets.
We are looking for a Compliance Officer based in Tokyo &mdash; ideally candidates with prior experience working with or within Japanese banks or financial institutions, who can help us strengthen our local presence and relationships.
Key Responsibilities
<ul>
<li data-start="575" data-end="667">Develop and maintain compliance policies and procedures for the firm&rsquo;s trading operations.</li>
<li data-start="670" data-end="737">Monitor and report on regulatory compliance to senior management.</li>
<li data-start="740" data-end="829">Manage license applications, filings, inspections, and audits with Japanese regulators.</li>
<li data-start="832" data-end="928">Stay up to date on changes in local regulations and provide compliance guidance to management.</li>
<li data-start="931" data-end="984">Conduct compliance training and awareness sessions.</li>
<li data-start="987" data-end="1084">Build and maintain strong working relationships with Japanese regulators, exchanges, and banks.</li>
<li data-start="1087" data-end="1158">Investigate and address compliance-related issues in a timely manner.</li>
</ul>
Qualifications
<ul>
<li data-start="1183" data-end="1247">Bachelor&rsquo;s degree in business, law, finance, or related field.</li>
<li data-start="1250" data-end="1357">Minimum 5 years of relevant compliance experience, ideally within Japan&rsquo;s banking or securities industry.</li>
<li data-start="1360" data-end="1454">Strong knowledge of Japanese Securities, Asset Management, and FX/Digital Asset regulations.</li>
<li data-start="1457" data-end="1546">Experience with regulatory submissions to the Japanese FSA or similar bodies is a plus.</li>
<li data-start="1549" data-end="1600">Native-level Japanese and business-level English.</li>
<li data-start="1603" data-end="1684">Independent, proactive, and comfortable working in a startup-style environment.</li>
<li data-start="1687" data-end="1778">Preferred: Candidates with direct work experience or established relationships with banks in Japan.</li>
</ul>

Compliance Officer (Tokyo, Japan)

Reports to: Head of Fixed Income Trading
Position Overview
We are seeking an experienced Fixed Income Trader to join our team, covering&nbsp;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&rsquo;s LATAM fixed income trading strategy.
Key Responsibilities
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Execute trading strategies across LATAM local currency bonds, selected USD-denominated global bonds, and related FX/rates positions with best execution.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Monitor market flows, liquidity, and pricing to identify trading opportunities across the region.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Develop and implement short- to medium-term strategies informed by macroeconomic, fiscal, and political developments.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Provide trade ideas and market insights to the broader investment team.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Track macroeconomic, monetary, fiscal, and geopolitical developments affecting LATAM&rsquo;s fixed income and FX markets.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Assess and manage&nbsp;interest rates, credit, and currency risks in line with portfolio objectives.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Manage liquidity, funding, and balance sheet usage within approved limits.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Coordinate with risk and treasury teams to ensure disciplined risk control and capital efficiency.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Build and maintain strong relationships with brokers, market makers, and counterparties to enhance execution quality.</li>
<li class="MsoNormal" style="text-align: justify; text-justify: inter-ideograph; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;">Represent the firm to strengthen its presence in LATAM fixed income markets.</li>
</ul>
Qualifications &amp; Requirements
<ul style="margin-top: 0cm;" type="disc">
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Minimum 3+ years of experience in LATAM local currency bonds, USD-denominated bonds, and FX markets.</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Solid knowledge of LATAM macroeconomic and political landscape, central bank policy, and sovereign debt markets.</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Strong analytical skills with the ability to interpret complex market data and translate it into actionable trading strategies.</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Proven track record of disciplined risk management and P&amp;L generation in emerging market environments.</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Excellent communication and interpersonal skills; English required, Portuguese or Spanish highly advantageous.</li>
<li class="MsoNormal" style="mso-list: l1 level1 lfo2; tab-stops: list 36.0pt;">Bachelor&rsquo;s degree in finance, Economics, or a related field; advanced degree or CFA designation is a plus.</li>
</ul>

Fixed Income Proprietary Trader – LATAM Local Currency & Global Bonds

Role Overview:
AP Capital is looking for a Physical Metals Trader to source and trade gold and copper from Africa, particularly Ghana and Zambia, supporting our growing Africa business. This is a hands-on role focused on physical spot trading, export logistics, P&amp;L responsibility, and supplier network management.
Key Responsibilities:
<ul data-end="1229" data-start="577">
<li>
<div role="presentation">Source and execute&nbsp;physical trades of metals (gold and copper)&nbsp;from African producers and exporters.</div>
</li>
<li>
<div role="presentation">Build and maintain strong relationships with&nbsp;suppliers, brokers, and trading partners&nbsp;in Ghana, Zambia, and other African markets.</div>
</li>
<li>
<div role="presentation">Take ownership of&nbsp;P&amp;L for executed trades&nbsp;and make independent sourcing and pricing decisions.</div>
</li>
<li>
<div role="presentation">Monitor&nbsp;market trends, supply-demand dynamics, and pricing&nbsp;to identify trading opportunities.</div>
</li>
<li>
<div role="presentation">Coordinate&nbsp;procurement, sales, shipping, and export logistics.</div>
</li>
<li>
<div role="presentation">Conduct market research, prepare reports, and support trading strategies.</div>
</li>
<li>
<div role="presentation">Identify and mitigate&nbsp;market and operational risks.</div>
</li>
</ul>
Requirements:
<ul data-end="1854" data-start="1251">
<li>
<div role="presentation">Minimally 3&nbsp;years experience in&nbsp;physical metals trading, ideally gold and copper.</div>
</li>
<li>
<div role="presentation">Strong&nbsp;network in Africa, especially Ghana and Zambia.</div>
</li>
<li>
<div role="presentation">Proven track record of&nbsp;executing profitable trades.</div>
</li>
<li>
<div role="presentation">Knowledge of&nbsp;international trade procedures, contracts, and compliance.</div>
</li>
<li>
<div role="presentation">Excellent negotiation, analytical, and execution skills.</div>
</li>
<li>
<div role="presentation">Bachelor&rsquo;s degree or higher in&nbsp;economics, finance, international trade, or related field.</div>
</li>
<li>
<div role="presentation">Fluent in&nbsp;English, with strong business communication skills.</div>
</li>
<li>
<div role="presentation">Willingness to&nbsp;travel internationally, particularly to African markets.</div>
</li>
</ul>