Blackstone Credit & Insurance – LCS, Restructuring, Senior Associate

Blackstone; New York (NY); On-site; USD 140,000 - 170,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Discretionary bonuses

Equity incentives

Job summary

Blackstone Credit & Insurance is seeking a Senior Associate to support the Restructuring team within the Liquid Credit business. In New York, you will analyze liability management and balance sheet alternatives, and structure new-money investments related to restructurings.

You will work with restructuring advisors and lenders, performing financial analysis, due diligence, and industry research, while drafting memoranda for internal and external use.

Qualifications

• 2+ years of relevant work experience in restructuring, distressed investing, or special situations.
• Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Exceptional financial modeling and analytical skills.
• Deep understanding of credit markets, particularly restructuring and leveraged finance.
• Strong initiative with the ability to develop creative solutions.

Responsibilities

• Analyzing liability management and balance sheet alternatives
• Underwriting and structuring new-money investments related to restructuring transactions
• Interfacing with restructuring advisors and other lenders
• Conducting financial analysis, due diligence, industry research, and competitive analysis
• Analyzing legal documentation and drafting memoranda for internal and external use

Skills

Restructuring experience

Financial modeling

Credit markets knowledge

Communication & teamwork

Education

Bachelor's degree in Finance, Business Administration, Economics

Job description

Senior Associate – Restructuring, Liquid Credit

Blackstone Credit & Insurance is seeking a Senior Associate to support the Restructuring team within the Liquid Credit business. This team is responsible for leading liability management and balance sheet restructuring initiatives across Blackstone’s Liquid Credit platform.

Responsibilities

• Analyzing liability management and balance sheet alternatives
• Underwriting and structuring new‑money investments related to restructuring transactions
• Interfacing with restructuring advisors and other lenders
• Conducting financial analysis, due diligence, industry research, and competitive analysis
• Analyzing legal documentation and drafting memoranda for internal and external use

Qualifications

• 2+ years of relevant work experience in restructuring, distressed investing, or special situations
• Bachelor’s degree in Finance, Business Administration, Economics, or a related field
• Exceptional financial modeling and analytical skills
• Deep understanding of credit markets, particularly restructuring and leveraged finance
• Strong initiative and motivation, with a demonstrated ability to develop creative solutions to complex problems
• Proven track record of collaborating effectively in fast‑paced investment environments, with excellent communication, teamwork, and problem‑solving skills

Potential Securities License Requirements for Client‑Facing Roles

• Attending client meetings where you are discussing Blackstone products and/or 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

Expected Annual Base Salary Range

$140,000 - $170,000

Additional Compensation and Benefits

Comprehensive health benefits, including medical, dental, vision, and FSA; paid time off; life insurance; 401(k) plan; discretionary bonuses; potential equity and other incentive compensation at Blackstone’s sole discretion.

Equal Employment Opportunity Statement

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.

Reasonable Accommodation

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212‑583‑5000 (US), [phone] (EMEA) or [phone] (APAC).

Application Note

Applicants may be required to obtain certain securities licenses if the role is client facing or involves activities listed above. Please speak with your Blackstone Recruiting contact for details.