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Blackstone Credit & Insurance– Portfolio Management, Associate
Employer:
Blackstone
Business Unit:
Blackstone Credit & Insurance
Business Unit Overview:
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.
Job Title:
Associate
Job Description:
BXCI is pursuing strategic investment initiatives that include building portfolio management and reporting capabilities for new and existing asset classes, including developing innovative structured solutions for insurance capital. The candidate will work closely with the senior portfolio manager to oversee all aspects of the Insurance Direct Lending and Asset Based Credit portfolios, including ratings, structuring, and investment management. Candidates can expect to work on numerous initiatives at a time given the lean size of the team.
Primary responsibilities include:
- Developing and enhancing BXCI investment capabilities across new asset classes while interacting with existing teams to facilitate seamless integration into the broader platform
- Collaborating with the broader BXCI platform to construct tailored multi-asset product offerings for insurers
- Helping to develop and manage portfolio management monitoring and reporting tools and initiatives to support investment management initiatives across BXCI
- Assisting with financial modeling for portfolio structures
Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:
- Bachelor’s Degree in Business, Finance, Accounting, Economics, or other Quantitative fields
- 3+ years of work experience, preferably with client’s investment portfolios and strategies
- Strong knowledge of credit
- Strong financial analysis and modeling skills
- A high degree of proficiency in PowerPoint and Excel
- Strong interpersonal skills to manage both internal and external business relationships
- High degree of motivation and ability to work well independently
- Ability to manage multiple tasks, deadlines and responsibilities
The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.
Expected annual base salary range:
$105,000 - $150,000
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to 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, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
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