CLO Portfolio Strategy Associate

The Blackstone Group L.P.; New York (NY); On-site; USD 140,000 - 150,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Life insurance

401(k) plan

Discretionary bonuses

Equity and incentive compensation

Job summary

The Blackstone Group L.P. is seeking an Associate/Senior Associate for the Portfolio Management team within Blackstone Credit & Insurance. You will oversee the lifecycle of investments across CLOs and related funds, generating trade ideas, and coordinating with trading, risk, and compliance teams from New York.

The role requires 2+ years of CLO experience, a Bachelor’s degree, and strong analytical and communication skills. Base salary is competitive with a broad compensation package.

Qualifications

• 2+ years of experience at a bank or buy-side asset manager with focus on CLOs.
• Base understanding of the Leveraged Loan product with emphasis on CLO experience.
• Proficient at navigating fund compliance documentation and CLO indentures.
• Strong communication/interpersonal skills to liaise with investors and groups across Blackstone Credit & Insurance.
• Analytical/problem solver with proficiency in Excel.

Responsibilities

• Generating trade ideas based on relative value or to improve portfolio metrics.
• Portfolio construction and optimization.
• Communicating daily with trading desk on outstanding trades, market, and opportunities.
• Assisting in monitoring portfolio risk and metrics.
• Working with legal and middle office to monitor investment guidelines and compliance.
• Responding to investor requests and liaising with BXCI investor relations.

Skills

Analytical thinking/problem solving

Excel proficiency

Strong communication

Interpersonal skills

CLO/investment knowledge

Leveraged Loan/CLO experience

Education

Bachelor’s degree

Job description

The Blackstone Group L.P. is seeking an Associate/Senior Associate for the Portfolio Management team within Blackstone Credit & Insurance. You will oversee the lifecycle of investments across CLOs and related funds, generating trade ideas, and coordinating with trading, risk, and compliance teams from New York.

The role requires 2+ years of CLO experience, a Bachelor’s degree, and strong analytical and communication skills. Base salary is competitive with a broad compensation package.