MIO Partners, Inc. · 2 months ago
Senior Trading Risk Manager
New York, United States
Full-time
Onsite
Senior Level
$200K/yr - $200K/yr
7+ years expMIO Partners, Inc. is a registered investment adviser that provides proprietary investment products to McKinsey’s retirement plan and partners. The Senior Macro Trading Risk Manager will lead the risk management of commodity trading books and engage with investment teams to manage and mitigate risks across various asset classes.
Asset ManagementConsultingFinancial ServicesRetirement
No H1B
Responsibilities
Develop an accurate understanding of and clearly communicate the loss potential for individual ‘bets’ (aka ‘alpha theses’), themes (e.g., ‘natural gas’), and commodity trading in aggregate
Effectively engage with and act as a value-adding thought partner to both the Risk and Investment teams (Portfolio Managers, Head of Macro Trading Risk, and the CRO and CIO) in enhancing our understanding of key risks and developing strategies to mitigate them
Monitor the markets and the risk profile of the portfolio and take appropriate action as needed, including confirming the reasonability of assumptions, highlighting any changes or emerging risks, and ensuring the risk profile is within the risk appetite
Continue to improve and expand our trading risk analytics and ensure all risk calculation frameworks appropriately reflect the risk of the underlying positions
Continue to improve and expand our understanding of market liquidity, including identifying and onboarding new data sources and improving our understanding of fluctuations in market liquidity, whether due to timing (e.g., seasonality, time to maturity) or under different market scenarios and stresses
Expand oversight beyond Commodities to other asset classes, and act as a backup to the Head of Macro Trading Risk, including overseeing the timely production of risk and guideline reporting, and acting as a thought partner to the CRO in evolving the market risk appetite framework as appropriate
Qualification
Required
Deep understanding of various commodities, commodity markets, and commodity trading strategies
Proven ability to engage closely and effectively with portfolio managers both as a thought partner and as an independent risk manager providing oversight
Distinctive conceptual and analytical capabilities
Understanding of and comfort with introductory probability and statistics and their application to financial risk management
Good judgment
Able to work effectively in a fast-paced and entrepreneurial environment
Highly productive, diligent, and detail-oriented
7+ years of professional experience in commodities trading and/or commodity risk management at a hedge fund or bank
Minimum bachelor's degree in mathematics, physics, philosophy, economics, computer science, or engineering
Preferred
Experience across various commodities, e.g., in risk management at a global macro or multi-strategy fund with an active commodity trading focus
First-hand experience with industry-standard multi-asset class risk systems (e.g., RiskMetrics and Aladdin)
Advanced degree
CFA and FRM or PRMIA designations
Benefits
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
Paid time off
Company
MIO Partners, Inc.
MIO (and related entities) is an indirect, wholly-owned subsidiary of McKinsey & Company and was formed in the early 1980s to provide asset management services for McKinsey’s retirement plan.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2017-08-01Undisclosed
Leadership Team
David Azad
Co-Chief Investment Officer, Head of Private Investments, and Partner
Company data provided by crunchbase