Blackstone Credit & Insurance, Liquid Credit Strategies - Principal

Blackstone • NY

317d • $225,000 - $250,000

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, Twitter, and Instagram. Blackstone Credit – Liquid Credit Strategies (CLO Portfolio Management), Principal Business Unit: Blackstone Credit 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.

Requirements

• A Bachelor’s degree is required
• MBA or CFA preferred
• 7+ years of experience in credit portfolio construction and management and/or trading
• Strong judgement and ability to prioritize and manage short and long term initiatives
• Self starter mindset with ability to operate in a dynamic environment
• Excellent communications skills and ability to write clearly and concisely

Responsibilities

• Constructing model portfolios that meet return hurdles with appropriate levels of risk
• Partnering with the investment team to develop trade ideas and identify emerging risks in the portfolios
• Generating thematic portfolio trades -- ratings, sector, yield etc.
• Liaising between the research, capital markets and trading teams

Benefits

• Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

What This Job Offers

• Career Level: Senior
• Education Level: Bachelor's degree