Black River Asset Management, a wholly owned subsidiary of Cargill, is an independently run global asset management company with over $10B assets under management, offices in ten countries and more than 20 years of worldwide investment experience. Black River, formerly Cargill's proprietary trading operation Cargill Global Capital Markets, provides qualified investors with alternative investment strategies. Black River offers a wide range of investment products supported by experienced investment professionals, rigorous risk processes and a well-established global infrastructure.
Principal Accountabilities:
Work closely with tagged Principal and the Global Risk Manager to produce and/or source the analysis that would allow for informed discussion of risk positions by that group, the Investment Committee and the CIO.
Independently design and build valid stress scenarios including the identification of the correct parameters and correlations.
Carry out independent work and analysis for the tagged principal, calling on resources within the organization to accomplish the tasks.
Oversee all relevant risk calculations and associated investor reporting.
Accurately monitor all appropriate risk limits and work with the principal to enforce them.
Model and stress all the instruments in the portfolio. Including; Tranches, FTD's, Mortgages and associated derivatives and CDO's.
Independently analyze corporate balance sheets.
Evaluate fresh information flows or identify key variables to be used in stress testing.
Skills
Required:
Bachelor's Degree.
At least 7 years experience in directly related credit markets.
Strong understanding of mainstream financial products and their uses and valuation. Including; CDS/CDSI/IRS/Swaptions/Corporates, etc.
Well-developed inter-personal and communication skills, including the ability to clearly articulate professional opinions and influence senior investment professionals.
Preferred:
MBA/CFA
Strong preference for hands-on experience running a credit and/or rates portfolio.
