MIO (and related entities) is an independent, indirect, and wholly owned subsidiary of McKinsey & Company.
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.
Certain US states require MIO Partners, Inc. to include a reasonable estimate of the salary range for this role. Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to an individual’s assigned office location, experience, and expertise. Certain roles are also eligible for bonuses, subject to MIO’s discretion and based on factors such as individual and/or organizational performance. Additionally, MIO offers a comprehensive benefits package, including medical, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement program, financial guidance, and paid time off.
Base salary range
$160,000—$160,000 USD
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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