2027 Blackstone Credit and Insurance, Asset Based Finance Associate

Blackstone • New York, NY

107d • $140,000 - $140,000

About The Position

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram. Blackstone Credit & Insurance is one of the largest credit asset managers in the world and is a leading investor in structured credit through its Infrastructure & Asset-Based Credit (“IABC”) platform. IABC employs a broad strategy with investments across infrastructure debt, asset based lending, sustainable resources, and corporate solutions through both private and public markets. IABC targets investments across multiple key sectors including energy transition, infrastructure, consumer & commercial finance, along with large corporate companies.

Requirements

• Desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel/VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn.
• 2+ years of relevant work experience at an investment bank (M&A, Leveraged Finance, or other coverage groups), consulting firm, a sell-side structuring or trading desk, or a hedge fund.
• Past Structured Credit experience is helpful, but not required.

Responsibilities

• Perform due diligence on prospective investments within the credit space, with a focus on Structured Credit, including meeting with potential borrowers, doing deep dives on the business, industry/strategy research, financial modeling, and putting together investment materials.
• Working with other members of the Investment Team to diligence and underwrite investment opportunities, leveraging Blackstone’s various groups where appropriate.
• Building comprehensive financial models and evaluating various cases and types of deal structures.
• Drafting and presenting memorandums for Investment Committees.
• Monitoring existing investments including tracking KPIs and continuously challenging the validity of the investment thesis.
• Thinking creatively about ways to improve the team’s existing processes.

Benefits

• Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits.
• Paid time off.
• Life insurance.
• 401(k) plan.
• Discretionary bonuses.
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees