Blackstone Credit & Insurance -BCBS, Quantitative Researcher, Senior Associate

The Blackstone Group L.P.; San Francisco (CA); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Job summary

The Blackstone Group L.P. is seeking a Senior Associate Quantitative Researcher for their Blackstone Credit & Insurance unit in San Francisco. You will develop and manage systematic investment portfolios while collaborating with senior researchers and portfolio managers.

Candidates should have a minimum of 2 years experience, with strong analytical skills and proficiency in Python, SQL, and Excel. The position offers comprehensive health benefits, paid time off, and a competitive salary ranging from $150,000 to $200,000 based on experience.

Qualifications

• Minimum 2+ years of experience with systematic portfolios and portfolio analysis.
• Experience with large data sets and sophisticated analysis.
• Domain experience with credit and rates.
• Ability to work independently and solve complex problems.

Responsibilities

• Develop and manage systematic investment portfolios.
• Portfolio and risk analysis.
• Signal development and competitor research.
• Market analysis and managing reporting on market news and events.

Skills

Systematic thinking

Analytical skills

Python

SQL

Excel

AI models

Machine learning

Neural networks

Job description

Blackstone Credit & Insurance – BCBS, Quantitative Researcher, Senior Associate

Blackstone Credit & Insurance (BXCI) is a leading credit investor, managing diverse credit portfolios worldwide. The BCBS unit focuses on systematic investment management of corporate bond portfolios, delivering technology-driven, data-first research and trading solutions.

Job Description

The researcher will develop and manage systematic investment portfolios. Working closely with senior researchers and portfolio managers, you will support and expand existing models, design new credit signals, and provide market analysis and client‑driven insights.

Responsibilities

• Data validation, analytics, and model output review.
• Portfolio and risk analysis.
• Signal development and competitor research.
• Portfolio optimizations and calibration.
• Trading research and modeling.
• Modeling hedging exposures and PnL.
• Assisting with client reporting, content, and performance and attribution analysis.
• Market analysis and managing reporting on market news and events.
• Using and creating model‑management tools to identify risks and prioritize research.
• Developing dashboards and interactive GUI for portfolio management.
• Product development and support, partnering with client development.
• Partnering with PMs and operations support as needed.

Qualifications

• Minimum 2+ years of experience with systematic portfolios and portfolio analysis.
• Experience with large data sets and sophisticated analysis.
• Domain experience with credit and rates.
• Strong systematic thinking and analytical skills.
• Ability to work independently and solve complex problems.
• Team collaboration and communication skills.
• Decision‑making skills with a focus on detail.
• Respect for risk management, compliance, and ethical standards.
• Proficiency in Python, SQL, and Excel.
• Experience with AI foundational models, machine learning, and neural networks is a plus.

Benefits

• Comprehensive health benefits, including medical, dental, vision, and FSA.
• Paid time off.
• Life insurance.
• 401(k) plan.
• Discretionary bonuses and potential equity incentive.

Expected annual base salary range: $150,000 – $200,000. Actual compensation will reflect experience, skills, and job location.

Blackstone is an equal opportunity employer. We provide equal employment opportunities to all applicants regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship, 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.