Blackstone Multi-Asset Investing (BXMA)- Credit Team, Analyst at Blackstone

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Aug, 26

Salary

125000.0

Posted On

10 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Modeling, Due Diligence, Credit Analysis, Quantitative Analysis, Scenario Analysis, Investment Underwriting, Portfolio Monitoring, Structuring, Writing, Presentation Skills, Attention To Detail, Coding

Industry

Financial Services

Description

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 www.blackstone.com. Follow @blackstone on LinkedIn, X, 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 Title: BXMA- Investment Analyst, Credit Team Job Description: The Credit Strategy team is responsible for sourcing, underwriting, and monitoring investments across the capital structure throughout credit asset classes (e.g., investment grade and high yield bonds, leveraged loans, structured equity, mortgage-related credit, asset-backed securities, specialty finance, real assets, etc.). Investments may take varying forms, including partnerships with fund managers, operating platforms, co-investments, and direct investments. The potential investment universe is broad (including public and private investments), and the team operates with a highly entrepreneurial and flexible investment approach. Analysts and Associates are expected to analyze/monitor new and existing investments, prepare materials for presentations (for both clients and senior management), and communicate with external partners as well as other BXMA teams. Additional key responsibilities include: Working with the team to source and conduct due diligence for prospective investments within the Credit space, including meetings with fund managers and industry participants, thematic strategy research, quantitative analysis, and sourcing and underwriting public and private direct investments and co-investments across a wide range of asset classes. Continuous evaluation of existing portfolio exposures (across fund investments/partnerships, direct investments, and co-investments), including tracking key positions, themes, and exposures within portfolios, regular conversations with managers and industry participants, and challenging/stress-testing investment theses. Performing deep dive due diligence on companies and/or assets, including creating detailed financial models and scenario analyses, researching industries and themes, and analyzing legal documents. Structuring of investments and funds/partnerships, including investment objectives/parameters, covenants/legal structures, and tax structures. Creating materials for investment committees, regular portfolio discussions, and updates for senior management and external investors. Developing tools to process and analyze large data sets for individual investment underwriting as well as broader portfolio construction analyses. Qualifications: Blackstone seeks to hire individuals who are highly motivated, diligent, and who have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should meet the following qualifications: Relevant work experience (e.g., investment banking, leveraged finance, credit trading, investment management, etc.) Entrepreneurial, team-oriented mentality Strong communication skills, including a demonstrated writing and presentation skills Excellent attention to detail Sound judgement and confidence Effectively completes ad hoc projects independently Experience working in and contributing to a positive team environment Prior coding knowledge is a plus but not necessary 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. 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. 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. 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), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC). 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; and Advising 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. 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.

Responsibilities

The Analyst is responsible for sourcing, underwriting, and monitoring credit investments across various asset classes and capital structures. Key duties include performing deep-dive due diligence, creating financial models, and preparing materials for investment committees and senior management.