Execution Trader

MIO Partners, Inc. (MIO) provides proprietary investment products to McKinsey’s retirement plan and partners and offers independent, high-quality financial advice to McKinsey’s partners. We manage a wide array of investment vehicles with significant expertise and a long and successful track record in alternative strategies, including hedge funds and private equity. We have a multibillion-dollar portfolio of assets under management, and we manage assets for and advise only McKinsey-related clients; we do not accept outside or third-party investments.  

MIO is a values-based organization that is strongly aligned with our investors’ interests. MIO measures success as performance relative to a market-based benchmark.  

MIO, a 250+ person registered investment adviser, provides ample opportunities for somebody with an entrepreneurial drive to shine. We strive to meet the highest professional standards and build an organization that attracts, develops, and retains exceptional people. MIO is a wholly owned subsidiary of McKinsey, but our activities are kept entirely separate from those of the consulting Firm. 

Position

MIO is seeking an Execution Trader to join the Investment team and report directly to our Execution Trading Manager. Adhering to MIO best practices, this individual will develop expertise across multiple asset classes and be responsible for the efficient execution of our trading strategies. The successful candidate will be energetic, detail-oriented, and proactive in trading and supporting tasks (execution, booking, transaction cost monitoring).

The Investment team functions in a highly collaborative and intellectually challenging environment. Our Portfolio Managers oversee our research-driven approach to the financial markets, with a focus on mathematical and scientific rigor and standards. In addition to execution, the Execution Trader is expected to become an integral part of the trading and research-focused team, contributing to ad hoc initiatives and projects as required.

Primary responsibilities

• Work closely with portfolio managers and quantitative researchers to execute investment ideas in the market


• Develop liquidity theses and trading implementation strategies through collection and analysis of market data, including but not limited to screen pricing, risk pricing, volumes, broker and market maker activity


• Research market and product trends, and assess trading viability through counterparty discussions, exchange reporting analysis, and exploratory pricing of diverse structures


• Ensure optimal cross-asset execution versus industry benchmarks by analyzing historical slippage and trends, and live market liquidity and pricing indicators


• Leverage portfolio management system for trade entry and portfolio tracking


• Cultivate and maintain strong relationships with trading counterparties


• Lead and manage trading-related process projects and ongoing tasks; analyze, propose, and implement improvements

Desired background

• 4-6 years of relevant experience in execution trading or similar function (macro or CTA background preferred)


• Bachelor’s degree from a top-tier university


• Hands-on experience trading financial instruments across various asset classes (Commodities, Volatility, and FX; futures experience preferred)


• Strong attention to detail and operational accuracy


• Values-driven, high sense of personal accountability


• Ability to assess, prioritize and execute multiple tasks under pressure


• Strong communication and interpersonal skills to build and maintain internal/external relationships

Technical Skills

• Strong analytical and quantitative skills


• Ability to quickly learn relevant applications such as trade execution platforms (Bloomberg FXGO, EMSX, FIT, etc.) and portfolio management systems


• Technical proficiency in Excel and PowerPoint; knowledge of a programming language a plus

Applicants must be authorized to work in the U.S. without the need for employer-sponsored work authorization, now or in the future.

MIO Partners, Inc. (MIO) is an equal opportunity employer. MIO will consider all applicants regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.  

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