Blackstone Credit & Insurance – Structured Products, Portfolio Management, Associate

Blackstone • New York, NY

2d • $125,000 - $160,000

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 – Structured Products, Portfolio Management, Associate Business 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. Team and Role Description: Blackstone Credit & Insurance (BXCI) is seeking to add an Associate to its Structuring team within the Office of the Chief Investment Officer (OCIO). The Structuring team is primarily responsible for originating and executing structured investments across BXCI; creating and managing rated vehicles to deliver BXCI’s origination in an efficient manner for our investors; owning relationships across rating agencies and banks for structured solutions; working closely with sales team and portfolio managers for ongoing maintenance of structures; collaborating with other functions within OCIO and the broader BXCI platform; and preparing models, analysis, memos, and presentations regarding the aforementioned topics. The candidate will work closely with all OCIO functions, origination teams, individuals across the broader platform, and senior-level management to execute on these responsibilities. Candidates can expect to work on numerous initiatives at a time given the lean size of the team.

Requirements

• Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgement, and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should meet the following qualifications:
• Undergraduate degree
• 2+ years of experience, ideally within funds operations, bank lending, or advisory role, or related valuation or transaction services.
• Strong process management, data analysis, and presentation skills
• A high degree of proficiency in Excel and PowerPoint
• Detail-oriented
• Critical thinking skills, including identifying trends and insights from raw data sets
• Highly motivated; works well independently
• Effectively manages multiple tasks, deadlines, and responsibilities
• Strong interpersonal skills to work cross-functionally and manage both internal and external business relationships

Nice To Haves

• Experience and familiarity with structuring and asset management is a plus

Responsibilities

• Lifecycle oversight of rated vehicles managed by the Structuring team:
• Developing and maintaining monitoring tools
• Coordinating with internal teams and external stakeholders on deal closings
• Generating periodic reporting
• Booking and processing transactions
• Validating and reconciling projected cash flows and payments
• Calculating and monitoring risk metrics
• Reviewing documentation for accuracy and compliance
• Supporting data analysis to identify trends and operational insights

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level