Blackstone Credit & Insurance - Infrastructure & Asset Based Credit, Portfolio Management, Senior Associate (m|f|x) New York

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.

Business Unit Description:

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Tasks

The Portfolio Management Sr. Associate will work to manage various comingled funds and SMA’s investing for BXCI’s Infrastructure & Asset Based Credit platform. The main areas of responsibility include:

• Partnering with asset class teams to implement strategic and tactical asset allocation decisions, including evaluating & underwriting deployment opportunities in furtherance of overall portfolio objectives
• Monitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendations
• Assisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipeline
• Developing and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools for portfolio review meetings
• Supporting the onboarding of new partnerships and ongoing client service requirements in partnership with BXCI Institutional Client Solutions
• Leading portfolio management process enhancements across automation initiatives, technology buildouts, and cross-function workflow optimization
• Developing strategic asset allocation approach and customized proposals for new clients subject to specific portfolio objectives and constraints
• Overseeing reporting and client interaction for existing funds and clients

Profile / Your qualification / Your personality

Blackstone seeks to hire individuals who are highly motivated, have sound judgement and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should have:

• Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline
• 4+ years of relevant professional experience in investment banking, asset management, private markets, management consulting, or a similarly rigorous analytical environment
• Strong analytical, financial modeling, and quantitative skills
• Highly organized and strong attention to detail
• A strong work ethic, professional integrity, and a positive attitude
• Highly motivated and intelligent; works effectively in a team environment; proactive and takes initiative
• Excellent interpersonal and communication skills, both written and verbal

That awaits you

$150,000 - $215,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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Location

345 Park Avenue, US-10154 New York