Blackstone Credit & Insurance – LCS, Restructuring, Senior Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 140,000 - 170,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Equity compensation

Job summary

The Blackstone Group L.P. is seeking a Senior Associate to support the Restructuring team within the Liquid Credit business. This role focuses on liability management and balance sheet restructuring initiatives across the platform.

You will analyze and structure activities, interfacing with advisors and lenders to advance strategic outcomes. Responsibilities include financial analysis, due diligence, and drafting memoranda.

Qualifications

• 2+ years of experience in restructuring, distressed investing, or special situations.
• Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Strong financial modeling and analytical skills.
• Deep understanding of credit markets, particularly restructuring and leveraged finance.

Responsibilities

• Analyze liability management and balance sheet alternatives.
• Underwrite and structure new-money investments related to restructuring transactions.
• Interface with restructuring advisors and other lenders.
• Conduct financial analysis, due diligence, industry research, and competitive analysis.
• Analyze legal documentation and draft memoranda for internal and external use.

Skills

Restructuring experience

Financial modeling

Analytical skills

Credit markets knowledge

Teamwork

Communication skills

Initiative

Education

Bachelor's degree in Finance, Business Administration, Economics

Job description

Job Description

Blackstone Credit & Insurance seeks a Senior Associate to support the Restructuring team within the Liquid Credit business. This team leads liability management and balance sheet restructuring initiatives across the platform.

Responsibilities

• Analyze liability management and balance sheet alternatives.
• Underwrite and structure new-money investments related to restructuring transactions.
• Interface with restructuring advisors and other lenders.
• Conduct financial analysis, due diligence, industry research, and competitive analysis.
• Analyze legal documentation and draft memoranda for internal and external use.

Qualifications

• 2+ years of relevant 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, motivation, and ability to develop creative solutions.
• Proven track record of collaborative work in fast-paced investment environments, with excellent communication, teamwork, and problem‑solving skills.

Other Duties

The duties and responsibilities described here are not exhaustive and additional assignments may be required. Assignments may be changed at any time by Blackstone at its sole discretion.

Salary

Expected annual base salary range: $140,000 – $170,000. Actual base salary will be determined by experience, skills, and job location.

Benefits

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

Licensing Requirements

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 activities such as attending client meetings, marketing funds, supervising licensed employees, structuring funds, or advising on marketing plans.

Equal Employment Opportunity

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, or status as a victim of domestic violence, a sex offense, or stalking, in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment.