Blackstone Group
Blackstone Credit & Insurance – Chief Investment Office, Portfolio Management,
Blackstone Group, New York, NY
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at . Follow @blackstone on LinkedIn, Twitter, and Instagram.Business Unit Description:Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.Job Title: Senior Associate Job Description: The Portfolio Management Senior Associate will work within the BXCI Chief Investment Office to manage all aspects of private & public credit investing for BXCI’s Multi-Asset Credit Platform, with a specific focus on BXCI’s multi-asset credit retail & private funds. The main areas of responsibility include:Portfolio Construction ResearchDeveloping strategic asset allocation approach for multi-asset strategies subject to specific portfolio objectives and constraintsAssisting with research on tactical asset allocation factors and development of allocation signalsAsset Class ResearchConducting research across private & public credit markets, including collaborating with dedicated sector investment teams to maintain real-time views on asset class characteristics and performance driversContributing to firm-wide asset class reviews and development of sector viewsPortfolio ManagementPartnering with asset class investment teams to implement strategic and tactical asset allocation decisions, including evaluating deployment opportunities in furtherance of overall portfolio objectivesMonitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendationsAssisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipelineDeveloping and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools.Qualifications: Blackstone seeks to hire individuals who are highly motivated, have sound judgement and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should have:Bachelor’s Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline (CFA or CAIA a plus)5+ years of relevant investment experience (cross-asset investing and / or asset allocation experience a plus)Strong technical, analytical, financial modeling, and quantitative skillsDetail-oriented, highly organized, and keen attention to detailA strong work ethic, professional integrity, and a positive attitudeHighly self-motivated and intelligent with the ability to work effectively in a team environment; proactive and takes initiativeExcellent interpersonal and communication skills, both written and verbalThe 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.Expected annual base salary range:$150,000 - $200,000Actual 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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.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 the following:Attending client meetings where you are discussing Blackstone products and/or and client questions; Marketing Blackstone funds to new or existing clients; Supervising or training securities licensed employees; Structuring or creating Blackstone funds/products; andAdvising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials. Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.SummaryLocation: New YorkType: Full time