Blackstone Credit & Insurance – Senior Associate

Blackstone • New York, NY

11d • $160,000 - $215,000

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.

Requirements

• Bachelor’s degree (or foreign equivalent) in Engineering, Mathematics, Statistics, or a related field required.
• Minimum of 3 years of experience in job offered or related occupations required.
• Minimum of 3 years of experience using Microsoft Excel to build detailed financial models and cash flow pro formas.
• Minimum of 3 years of experience using Microsoft PowerPoint to develop internal and external presentation materials.
• Minimum of 2 years of experience underwriting, conducting due diligence, and closing energy and infrastructure transactions across the United States.
• Minimum of 2 years of experience analyzing and evaluating companies throughout the energy industry value chain, including exploration & production, midstream, services, refining, and energy transition using valuation techniques such as net asset valuation, discounted cash flow analysis, leveraged buyout, and sum-of-the-parts to create comprehensive financial models to analyze the impact of mergers & acquisitions as well as debt and equity capital markets transactions.
• Experience can be concurrent.

Responsibilities

• Lead transaction diligence, and underwriting of new investments, as well as leading monitoring portfolio operations across the energy, utility, and infrastructure space.
• Prepare financial models, investment committee presentations, and third-party briefing materials for various investments within the Infrastructure and Asset Based Credit Team within Blackstone Credit and Insurance.
• Lead internal discussions to evaluate viability of potential investment opportunities and financing structures.
• Oversee analysts and associates on various deal teams and monitor progress towards key milestones.
• Perform other duties as needed.

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
• Equity and other incentive compensation (for certain employees)

What This Job Offers

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