He earned a Master of Economics at Ibmec University and Bachelor of Engineering at The Instituto Militar de Engenharia.

[1] He was a partner of Banco Pactual, for which he acted as Executive Director for commodities and previously was responsible for the credit area, re-insurance, and project finance.

He started his career as an analyst of Banco Opportunity in Rio de Janeiro.

[2] Joaquim Levy resigned on 16 June 2019, because of a controversy involving President Jair Bolsonaro and the nominee for Director of Capital Markets, Marcos Barbosa Pinto.

Marcos Barbosa Pinto was the chief of staff for Demian Fiocca, President of BNDES during the Luiz Inácio Lula da Silva administration.