Blackstone Multi-Asset Investing (BXMA)- Quant/Risk Team

The Blackstone Group L.P.; New York (NY); On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Discretionary bonuses

Equity opportunities

Job summary

Blackstone’s MSI team seeks an Investment Analyst to support a fundamental equity investment process with a strong emphasis on analytics, data infrastructure, and risk reporting across global markets.

The role requires 3+ years in risk or quantitative research, a solid quantitative degree, and advanced Python/SQL/Tableau skills. Collaboration with investment teams and BXMA groups is key, with extensive data work and risk modelling.

Qualifications

• 3+ years in a risk management or quantitative research role.
• Graduate degree in a quantitative discipline.
• In-depth knowledge of risk frameworks, risk models, derivatives, multi-asset class risk management, and fundamental factor models.
• Advanced proficiency in Python, SQL, and Tableau.
• Experience leveraging AI tools for coding (Codex/Cody); familiarity with Bloomberg through Python, APIs, and RiskMetrics/Barra is a plus.
• Strong focus on data validation and rigorous testing.

Responsibilities

• Portfolio analytics: develop, execute, and analyze performance and portfolio analytics across attribution, risk modeling, and portfolio construction.
• Develop and maintain scalable data infrastructure and analytics tooling.
• Assist in building a new risk reporting stack integrating RiskMetrics, Bloomberg APIs, and proprietary sources.
• Collaborate with Investment teams and other BXMA groups to ensure alignment and effective collaboration.

Skills

Python

SQL

Tableau

Risk management

Data analysis

Multi-asset risk

Education

Master's degree in a quantitative discipline

Tools

RiskMetrics

Barra

Bloomberg API

Codex

Cody

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 Overview: Blackstone Multi-Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.

Job Description: The Multi-Strategy Investing platform ("MSI") was launched in 2011 and is the team’s flagship commingled multi-strategy fund. MSI’s mandate is flexible across the capital structure – investing in equities, preferreds, converts, bonds, loans and structured investments. The team can execute on both private and public opportunities across geographies or industries. The MSI team is able to leverage the broader Blackstone network (including Real Estate, Private Equity, Credit, and Strategic Partners), and the team’s direct relationships to source attractive investment opportunities. The team seeks an Investment Analyst for its fundamental equity team to support the fund’s fundamentally-driven investment process.

Responsibilities

• Portfolio Analytics: Develop, execute, and analyze ongoing and bespoke performance and portfolio analytics across attribution, risk modeling, and portfolio construction.
• Data Infrastructure: Ongoing development and maintenance of internal data solutions with a focus on highly scalable and computationally efficient data and analytical infrastructure.
• Risk Reporting Stack: Assist with building out a new risk reporting stack, integrating RiskMetrics, other third-party, and proprietary sources.
• Collaboration. Work closely with Investment teams and other BXMA groups, including Operations, Treasury, and Legal, to ensure seamless integration, alignment, and effective collaboration.

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.

Qualifications

• 3+ years of experience in a risk management or a quantitative research role.
• Graduate degree in a quantitative discipline.
• In-depth knowledge of risk frameworks, risk models, derivatives, multi-asset class risk management, and fundamental factor models.
• Advanced proficiency in Python, SQL, and Tableau.
• Experience in leveraging AI tools for coding, such as Cody or Codex Familiarity with using Bloomberg through Python, APIs, and experience with RiskMetrics, Barra, or similar risk engines is a plus.
• Strong focus on data validation, rigorous testing, and ensuring code reliability.
• Proven experience in sourcing, cleaning, managing, and analyzing large datasets.
• Strong interpersonal skills and clear, concise communication skills.
• Demonstrated multi-tasking skills and maintains a strong work ethic.

Expected annual base salary range: $110,000 - $125,000 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).

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.