Blackstone Credit & Insurance, ABF Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Job summary

Blackstone Group L.P. seeks an Investment Analyst to support the Infrastructure & Asset-Based Credit team within Blackstone Credit.

You will perform due diligence, build financial models, and assist in investment memos for transportation-focused opportunities, collaborating with multiple teams to underwrite deals. The role emphasizes strong modeling, Excel/VBA, and presentation skills, with salary in a base range and comprehensive benefits; location is New York, NY, with opportunities for growth

Qualifications

• Desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel/VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn.
• 2+ years of relevant work experience at an investment bank (ABS/Structured Finance, Leveraged Finance), consulting firm, a sell-side structuring or trading desk, or a hedge fund.
• Past Structured Transportation experience is helpful but not required.

Responsibilities

• Perform due diligence on prospective credit investments, focusing on transportation, meeting originators, and drafting materials.
• Diligence and underwrite investment opportunities with internal teams.
• Build financial models and evaluate deal structures.
• Engage with rating agencies and assist in ratings processes.
• Draft memoranda for investment committees.
• Monitor existing investments by tracking KPIs and challenging theses.
• Suggest process improvements for the team.

Skills

Financial modeling

Communication skills

Analytical skills

Teamwork under deadlines

Willingness to learn

Tools

Excel

PowerPoint

VBA

Job description

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Infrastructure & Asset-Based Credit Blackstone Credit & Insurance is one of the largest credit asset managers in the world and is a leading investor in structured credit through its Infrastructure & Asset-Based Credit (IABC) platform. IABC employs a broad strategy with investments across infrastructure debt, asset-based lending, sustainable resources, and corporate solutions through both private and public markets. IABC targets investments across multiple key sectors including energy transition, infrastructure, transportation, consumer & commercial finance, along with large corporate companies.

Primary responsibilities will include:

• Performing due diligence on prospective investments within the credit space, with a focus on transportation, including by meeting with potential originators, doing deep dives on the business, industry/strategy research, financial modeling, and drafting investment materials.
• Working with other members of the Investment Team to diligence, and underwrite investment opportunities, leveraging Blackstone’s various groups where appropriate.
• Building comprehensive financial models and evaluating various cases and types of deal structures.
• Engaging with rating agencies and assisting in ratings processes.
• Drafting and presenting memorandums for investment committees.
• Monitoring existing investments including by tracking KPI’s and continuously challenging the validity of the investment thesis.
• Thinking creatively about ways to improve the team’s existing processes.

Blackstone seeks to hire individuals who are highly motivated and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, a successful candidate will meet the following qualifications:

• Desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel/VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn.
• 2+ years of relevant work experience at an investment bank (ABS/Structured Finance, Leveraged Finance, transportation coverage), consulting firm, a sell-side structuring or trading desk, or a hedge fund.
• Past Structured Transportation experience is helpful but not 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: $120,000 - $160,000. 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses.

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses

Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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 contact Human Resources at 212-583-5000 (US), [phone] (EMEA) or [phone] (APAC).

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.

At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.