BXCI-Quant & Portfolio Analytics (ABF Intex Modeling), Senior Associate

Blackstone; London; On-site; GBP 60,000 - 100,000; Full time

Job description

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

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: Senior Associate

Job Description:

The BXCI Quant & Portfolio Analytics team builds analytics leveraged for optimizing insurance company asset allocation; measuring and managing regulatory capital; evaluating and pricing deals; and conducting asset-liability management. The team takes a systematic, quantitative approach, with a goal of producing robust, transparent, commercially effective tools and analysis.

BXCI is seeking an Associate to help with building and maintaining complex cashflow models using the Intex platform, primarily focused on analyzing and valuing structured credit investments.

Responsibilities:

• Model Development
  • Designing, building and maintaining sophisticated cashflow models on the Intex platform
• Data Management
  • Gathering, sanitizing and integrating large datasets from various sources into the Intex models to ensure accurate calculations
• Deal Structuring Support
  • Collaborating with deal structuring teams to analyze potential transaction structures, assess credit risk and calculate key metrics
• Risk Assessment
  • Utilizing Intex models to perform comprehensive risk analysis on structured products
• Reporting and Analytics
  • Generating detailed reports and presentations for stakeholders, including senior management and deal teams
• Model Validation
  • Regularly reviewing and validating model performance

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:

• 3+ years of experience working within a financial engineering, securitized products or quantitative strategies team
• Proficiency with Intex required, experience with Intex DealMaker preferred
• B.S. or higher degree in Computer Science, Engineering, Mathematics, Physics or other quantitative disciplines
• Creative and entrepreneurial individual who enjoys working on a wide variety of projects including designing risk and return models for highly illiquid and alternative investments
• Experience modeling asset risk and return metrics
• Exposure to insurance capital management and actuarial science a plus
• Strong programming skills in any general purpose programming language including C++, C#, Java, Python, Slang, etc.
• Experience with statistical languages such as R, Matlab, etc., a plus.
• Strong quantitative skills (e.g. stochastic calculus, numerical methods, Monte Carlo, etc.)
• Excellent writing skills and demonstrated commitment to model documentation
• Ability to build working relationships across various departments with individuals at different experience levels
• Ability to clearly communicate model results to a non-technical audience

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.