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MIO Partners, Inc.

Fixed Income Trading Specialist

MIO Partners, Inc., New York, New York, us, 10261

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Fixed Income Trading Specialist

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MIO Partners, Inc.

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.

Primary Responsibilities

Assist Fixed Income Portfolio Manager with managing exposures, including tracking, hedging, and rebalancing portfolio interest rate and inflation risk

Trade fixed income trading strategies as efficiently as possible and practical, mostly centered around bond, swap, futures, options, and repo markets. Ensure optimal execution.

Work closely with portfolio managers and quantitative researchers to propose optimizations that would make strategies more efficient, and provide market insights that may improve strategies

Cultivate and maintain strong relationships with trading counterparties to improve execution terms and gather market insights

Identify ways to continuously improve (automation, simplification) trading and portfolio management systems and associated processes and drive implementation of improvements when appropriate

Manage both trading-related and research process projects and tasks; analyze, propose, and implement improvements; these may include

Optimizing the process of sourcing and maintaining new and existing data

Continuously monitoring critical data to identify and address potential issues

Streamlining and automating existing reports and trading processes

To the extent possible and necessary, support other investment team efforts including

Researching new trading strategies

Trade execution in other markets

Cross-functional projects/efforts

Desired Background

2-5 years trading fixed income markets (e.g., US Treasuries, Gilts, Bunds, repos, swaps, futures, options)

Bachelor’s degree from an accredited university with strong academic performance

Deep understanding of fixed income instruments (e.g., bonds, swaps, futures, repos), market dynamics (dealer positioning, seasonality), trading, and exposure management

Strong communication/interpersonal skills to build and maintain internal/external relationships and negotiate favorable trade terms for MIO

Strong attention to detail, operational accuracy and a dedication to producing error-free work

Strong quantitative skills, ability to perform complex data analytics and develop and manage repeatable automatable analytical processes that can inform our exposure management and trading

Proficiency in Excel modeling; some Python experience a plus

Ability to learn and navigate new technologies quickly (e.g., Bloomberg, trading and portfolio management systems)

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

Ability to communicate complex concepts in simple terms and liaise between various groups

Values-driven, high sense of personal accountability

Base salary range: $170,000—$170,000 USD

MIO Partners, Inc. 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.

We are committed to protecting your privacy. Please review our Applicant Privacy Policy for a detailed explanation of how we collect, use, and protect your personal information.

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