Blackstone Credit & Insurance - Infrastructure & Asset Based Credit, Portfolio Management, Senior Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 150,000 - 215,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Job summary

The Blackstone Group L.P. is seeking a Senior Associate to manage comingled funds and SMA’s for BXCI’s Infrastructure & Asset Based Credit platform in New York. The role emphasizes strategic asset allocation, risk analytics, and client service across funds.

Ideal candidates have a finance/analytic background, 4+ years in investment/asset management, and strong communication skills to interact with institutional clients and internal teams. Base salary aligns with market bands and location.

Qualifications

• Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline.
• 4+ years of relevant professional experience in investment banking, asset management, private markets, management consulting, or a similarly rigorous analytical environment.
• Strong analytical, financial modeling, and quantitative skills.
• Highly organized and strong attention to detail.
• A strong work ethic, professional integrity, and a positive attitude.
• Highly motivated and intelligent; works effectively in a team environment; proactive and takes initiative.
• Excellent interpersonal and communication skills, both written and verbal.

Responsibilities

• Partnering with asset class teams to implement strategic and tactical asset allocation decisions, including evaluating & underwriting deployment opportunities in furtherance of overall portfolio objectives
• Monitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendations
• Assisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipeline
• Developing and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools for portfolio review meetings
• Supporting the onboarding of new partnerships and ongoing client service requirements in partnership with BXCI Institutional Client Solutions
• Leading portfolio management process enhancements across automation initiatives, technology buildouts, and cross-function workflow optimization
• Developing strategic asset allocation approach and customized proposals for new clients subject to specific portfolio objectives and constraints
• Overseeing reporting and client interaction for existing funds and clients

Skills

Analytical skills

Financial modeling

Quantitative skills

Attention to detail

Team player

Communication skills

Work ethic

Education

Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar

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.

Business Unit Description

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 Portfolio Management Sr. Associate will work to manage various comingled funds and SMA’s investing for BXCI’s Infrastructure & Asset Based Credit platform.

Main Areas of Responsibility

• Partnering with asset class teams to implement strategic and tactical asset allocation decisions, including evaluating & underwriting deployment opportunities in furtherance of overall portfolio objectives
• Monitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendations
• Assisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipeline
• Developing and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools for portfolio review meetings
• Supporting the onboarding of new partnerships and ongoing client service requirements in partnership with BXCI Institutional Client Solutions
• Leading portfolio management process enhancements across automation initiatives, technology buildouts, and cross-function workflow optimization
• Developing strategic asset allocation approach and customized proposals for new clients subject to specific portfolio objectives and constraints
• Overseeing reporting and client interaction for existing funds and clients

Qualifications

• Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline
• 4+ years of relevant professional experience in investment banking, asset management, private markets, management consulting, or a similarly rigorous analytical environment
• Strong analytical, financial modeling, and quantitative skills
• Highly organized and strong attention to detail
• A strong work ethic, professional integrity, and a positive attitude
• Highly motivated and intelligent; works effectively in a team environment; proactive and takes initiative
• Excellent interpersonal and communication skills, both written and verbal

Salary

Expected annual base salary range: $150,000 - $215,000. 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.

Benefits

• 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).

Securities Licenses

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
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials

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.