Blackstone Real Estate Debt Strategies (BREDS) Valuations and Investment Modeling, VP

Blackstone • New York, NY

8d • $150,000 - $250,000

About The Position

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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Blackstone Real Estate Debt Strategies
Blackstone Real Estate Debt Strategies (“BREDS”) is the largest alternative asset manager of real estate credit with $78 billion of investor capital under management. Serving institutional, insurance, and individual investors, BREDS originates loans and makes debt investments across global private and public real estate credit markets and across the capital structure and risk spectrum. BREDS also manages Blackstone Mortgage Trust (NYSE: BXMT), a publicly-traded commercial mortgage REIT, and is a fully integrated part of the Blackstone Real Estate platform, the largest owner of commercial real estate globally.
The BREDS Valuations team is responsible for coordinating the valuations process for Blackstone’s Real Estate Credit business, including overseeing the calculations behind investment fair values and driving the preparation of presentation materials to senior management

Requirements

• Bachelor’s degree in Finance, Accounting or related field
• 8+ years of valuation experience at a public accounting firm, third party valuation provider, or investment bank/asset manager
• Advanced Excel / modeling skills required
• Excellent interpersonal and communication skills, both written and verbal

Nice To Haves

• Experience in the financial services and/or real estate industries is preferred
• Progress towards a finance-related professional qualification (i.e. CFA, CPA) preferred

Responsibilities

• Calculate mark-to-market estimates and projected fund returns pursuant to firm policies for real estate debt and other credit instruments.
• Execute valuation control framework, including communication with auditors and third-party providers, and independent valuation verification according to firm policies and procedures.
• Maintain fund models supporting investment level return expectations to facilitate long-term financial projections for investors, senior management deliverables, and Blackstone Corporate reporting.
• Drive the preparation of periodic analytics and scenario analysis (e.g., impacts of loan maturities and capital markets activity) to add strategic insight into business performance and future results.
• Assist in the preparation of management materials for Blackstone’s earnings release preparation and other marketing-related schedules and exhibits.
• Coach and oversee the work product of junior professionals.
• Interface with stakeholders across the firm including, but not limited to, the BREDS Investment and Asset Management teams, Investor Relations, and Fund Accounting.

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

What This Job Offers

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