BXMA- Quantitative Strategy, Associate

Blackstone; New York (NY); On-site; USD 150,000 - 175,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid time off

401(k) plan

Discretionary bonuses

Job summary

A leading investment firm in New York is seeking an experienced professional to source and invest in systematic hedge fund strategies. This role requires creating quantitative models, developing investment ideas, and building partnerships with hedge fund managers. The ideal candidate will have over 4 years of experience and a strong passion for investing. Competitive compensation package, including a base salary range of $150,000 to $175,000, plus comprehensive health benefits and bonuses, is offered.

Qualifications

• 4+ years of experience required.
• Passion for investing and business building.
• Strong conceptual and analytical skills needed.
• Self-motivated and team-oriented individual.
• Ability to thrive in a dynamic environment.

Responsibilities

• Source, evaluate, and invest in systematic hedge fund strategies.
• Think strategically about quantitative methods.
• Create bespoke quantitative models.
• Make investment recommendations based on analysis.
• Create partnerships with hedge fund managers.

Skills

Quantitative and coding skills (Python)

Financial modeling (MS Excel)

Presentation construction (MS PowerPoint)

Analytical thinking

Problem-solving framework orientation

Job description

Business Unit Overview

Blackstone Multi-Asset Investing (BXMA) manages $96 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

• Sourcing, evaluating, and investing in systematic and digital assets focused hedge fund strategies across fund life cycles. This involves meeting with the hedge fund manager and their team and conducting both qualitative and quantitative analysis of the relevant strategy.
• Thinking strategically about quantitative methods for generating investment ideas and developing quantitative tools to improve BXMA’s overall investment process.
• Creating bespoke quantitative models to profit from inefficiencies across various asset classes.
• Making recommendations regarding different styles of investing, given the current environment and future expectations.
• Creating strategic partnerships with systematic hedge fund managers with the goal of developing bespoke investment opportunities.

Qualifications

• 4+ years of experience
• Passion for both investing and business building.
• Strong conceptual and analytical thinking abilities.
• Framework orientation for problem solving.
• Strong quantitative and coding skills (Python).
• Strong capabilities at financial modeling (MS Excel) and presentation construction (MS PowerPoint).
• Exceptional work ethic, entrepreneurial spirit, intellectual curiosity, and desire to continually expand their understanding and improve.
• Collaborative workplace approach that fosters strong working relationships.
• Candidate should be self‑motivated and a team‑oriented individual who thrives on challenge in a dynamic environment, often tasked with competing deadlines.

Salary & Benefits

Expected annual base salary range: $150,000 - $175,000. 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.

Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

Securities Licenses (if applicable)

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

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).