Blackstone Credit – Institutional Client Solutions Team (“ICS”), Sales - Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 125,000 - 175,000; Full time

Job summary

Join a leading alternative asset manager as an Associate in the Institutional Client Solutions Team. This dynamic role involves partnering with Senior Relationship Managers to enhance client servicing and drive business development initiatives. You will play a key role in managing client relationships, assisting with new business pipelines, and coordinating institutional client requests. The ideal candidate will have strong analytical and project management skills, along with proficiency in Salesforce and Microsoft Office. This is an exciting opportunity to contribute to a firm that is committed to creating long-term value for its investors and the communities it serves.

Qualifications

• 3+ years’ experience in Investment Banking or Alternative Credit Management.
• Proficiency in Microsoft Office and Salesforce is essential.

Responsibilities

• Assist in client servicing and business development initiatives.
• Manage client and consultant requests and maintain CRM.

Skills

Analytical Skills

Problem Solving

Project Management

Attention to Detail

Business Writing

Oral Communication

Education

Undergraduate Degree

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Salesforce

Job description

Blackstone Credit – Institutional Client Solutions Team (“ICS”), Sales - Associate

Apply locations New York time type Full time posted on Posted 3 Days Ago job requisition id 35399

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:

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:

In this role, the Associate will partner with Senior Relationship Managers to help execute on client servicing and business development initiatives.

The main areas of responsibility include:

• Assisting with new business pipeline through client & consultants updates and other internal reporting
• Assisting with identifying prospects
• Liaising with product specialists to drive follow ups and deliverables
• Prepping for meetings and client roadshows
• Contact management, including CRM/Salesforce maintenance
• Coordinating institutional client and consultant requests
• Helping to manage internal IOI and client tracking initiatives
• Collaborating on internal BXC ICS initiatives across asset class

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, have sound judgment, and have demonstrated excellence in prior endeavors. The successful candidate must have:

• 3+ years’ experience, preferably within Investment Banking, Investor relations or Alternative Credit Management
• Strong attention to detail
• Strong analytical, problem solving and project management skills
• Excellent presentation, business writing and oral communication skills
• Proficiency in Microsoft Word, Excel, PowerPoint, Salesforce
• Series 7, 79 and 63 licenses preferred (required within first year of employment)
• Undergraduate degree is required.

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: $125,000 - $175,000

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.

If you need a reasonable accommodation to complete your application, please email Human Resources at [e-mail].

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.