Blackstone Credit & Insurance– Liquid Credit Strategies, CLO Portfolio Management, Senior Associate

Blackstone • New York, NY

1d • $160,000 - $200,000 • Onsite

About The Position

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. The Liquid Credit Strategies Team (“LCS”) manages $123B in AUM across a wide array of funds and accounts in the US and Europe, including CLOs, separately managed accounts, commingled funds, and registered funds. Blackstone is the largest global CLO and loan manager, with an integrated CLO platform that has issued over 150 BSL CLOs since inception in 2001.

Requirements

• 2+ years of experience at a bank or buy-side asset manager, with a focus on CLOs or leveraged finance
• Demonstrated experience in CLO portfolio management, analytics, or structuring
• Bachelor’s degree required, preferably in a quantitative discipline
• Experience working with data analysis and large datasets
• Proven collaboration in fast‑paced investment environments, with strong communication, teamwork, problem‑solving skills and high attention to detail.

Nice To Haves

• Understanding of CLO structures, indentures, and relevant portfolio tests
• Experience with portfolio construction, relative value analysis, and structured credit analytics
• Advanced quantitative or coding capabilities (Python preferred) and strong Excel proficiency
• Experience translating complex analytics into actionable portfolio decisions and trade recommendations

Responsibilities

• Construct model portfolios and generate secondary trade programs that enhance portfolio returns and optimize key CLO metrics using proprietary portfolio optimizer
• Monitor portfolio risk, constraints, and compliance with CLO documentation; generate relative value trade ideas to improve portfolio characteristics
• Track CLO manager trends and market developments to inform modeling assumptions and benchmark portfolio positioning against the broader market
• Assist with broader day-to-day portfolio management needs

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: Mid Level