🚀 Senior Trading Risk Manager

MIO Partners, Inc. (MIO) provides proprietary investment products to McKinsey’s retirement plan and partner clients, delivering independent, high‑quality financial advice and managing a multibillion‑dollar portfolio of alternative strategies, including hedge funds and private equity, located in New York, NY.

The Portfolio

MIO manages a broad array of strategies across markets and legal structures. Our macro trading portfolio includes relative‑value macro trades, portfolio hedges, beta trades, and a range of asset classes. We also allocate to external investment managers as a limited partner or in separately managed accounts.

The Risk Team

The Risk Team works closely with colleagues in Investments, Treasury, Operations, and Legal to assess and manage the risks that we and our investors face.

• Strategic and disciplined decision making – adding value through deep understanding of risks and integrating them into investment choices while maintaining resilience.
• Thought partnership – collaborating across teams, challenging assumptions, and supporting client interests.
• Innovative thinking – learning from industry experience and experimenting rigorously.
• Operational excellence – ensuring accurate implementation, testing systems, and recognizing limitations of models.

The Position and Responsibilities

The Senior Macro Trading Risk Manager reports to the Head of Macro Trading Risk, leading risk management of commodity trading books and overseeing other asset classes as needed.

• Develop a clear understanding of loss potential for individual bets, themes, and commodity trading aggregates; interpret stress‑test results to estimate exposure and potential losses.
• Engage as a value‑adding thought partner with Risk, Investment, CRO, and CIO teams to enhance risk understanding and mitigation strategies.
• Monitor markets and risk profiles, taking appropriate action to keep risk within appetite.
• Improve trading‑risk analytics, ensuring frameworks reflect underlying positions; perform ad‑hoc analyses and scenario reports.
• Advance market‑liquidity understanding and incorporate new data sources.
• Expand oversight beyond commodities, act as backup to the Head of Macro Trading Risk, and support risk and guideline reporting.

Required Skills

• Deep understanding of commodities, markets, and trading strategies; knowledge of other asset classes is a plus.
• Ability to engage portfolio managers as a trusted, independent risk manager; strong communication and influence skills.
• Distinctive conceptual and analytical capabilities: quick problem definition, research prioritization, and sound conclusions.
• Familiarity with probability, statistics, and their application to financial risk.
• Sound judgment and ability to synthesize diverse information about positions or portfolios.
• Capacity to work effectively in a fast‑paced, entrepreneurial environment.
• Highly productive, diligent, and detail‑oriented.

Experience

• 7+ years in commodities trading and/or commodity risk management at a hedge fund or bank; preferred experience with global macro or multi‑strategy funds with commodity focus.
• First‑hand experience with multi‑asset class risk systems such as RiskMetrics or Aladdin.

Education

• Minimum bachelor's degree in mathematics, physics, philosophy, economics, computer science, or engineering; advanced degree preferred.
• CFA, FRM, or PRMIA designations are a plus.

Base salary range: $200,000—$200,000 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.