Blackstone Multi Asset Investing (BXMA) - Total Portfolio Management - Portfolio Management, Associate

Blackstone • New York, NY

135d • $150,000 - $160,000

About The Position

The Portfolio Management Associate will support the development, execution, and continuous evaluation of investment strategies to achieve long-term financial objectives and support the client experience. This individual is responsible for helping to manage a multi-asset portfolio and will report to the Portfolio Manager of the Total Portfolio Management business.

Requirements

• Bachelor’s degree in finance, economics, business, or a related field.
• 3+ years of relevant investment management experience, ideally with endowments, foundations, pension funds, or similar institutional investors.
• Knowledge of investment concepts, portfolio management, asset allocation, and manager due diligence across diverse asset classes.
• Demonstrated skill to develop, articulate, and execute long-term investment strategies.
• Exceptional analytical, communication, and presentation skills.
• Highly ethical professional standards, professional integrity, and commitment to the mission of the institution.

Nice To Haves

• Competencies in strategic & critical thinking.
• Relationship management.
• Effective communication with technical and non-technical stakeholders.
• Risk assessment and mitigation.

Responsibilities

• Support the development and implementation of investment strategies that align with the client’s goals, risk tolerance, and time horizon.
• Assist in managing the client’s asset allocation, portfolio construction, manager selection, and performance monitoring.
• Support due diligence and selection of external managers across asset classes and working across Total Portfolio Management, Blackstone Multi Asset and Private Asset teams.
• Leverage technology-driven tools to enhance portfolio analysis, performance monitoring, and client reports, ensuring efficiency and accuracy in decision-making.
• Assist with providing training and knowledge sharing with clients.
• Ensure compliance with all investment policies and best practices in institutional investing.
• Build and maintain relationships with external investment managers.
• Support the presentation of investment recommendations and performance updates to the client, Head of TPM and IC of TPM.
• Assist with liquidity management and support capital budgeting and financial planning as needed.
• Stay current on market trends, risks, and opportunities relevant to endowment investing.

Benefits

• Base salary range: $150,000 - $160,000.
• Additional compensation may be offered.
• Equal employment opportunities regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking.

What This Job Offers

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