Blackstone Credit – Portfolio Insights / Portfolio Management, Associate

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 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, Twitter, and Instagram.
 

Blackstone Credit – Portfolio Insights / Portfolio Management, Associate

Business Unit: Blackstone Credit & Insurance

Business Description:

Blackstone Credit & Insurance

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: Associate

Job Description:

Blackstone Credit & Insurance (BXCI) is seeking to add an Associate to its Portfolio Insights team within the Office of the Chief Investment Officer (OCIO).  The Portfolio Insights team is primarily responsible for (i) overseeing portfolio company performance and health across BXCI asset classes; (ii) managing BXCI’s credit watchlist and working closely with BXCI’s asset management team in instances of underperformance; (iii) identifying trends in underlying performance, including through regular portfolio and sector reviews; (iv) tracking trends in investment activity across BXCI; (v) collaborating closely across other functions within OCIO and the broader BXCI platform; and (vi) preparing analysis, updates and presentations regarding the aforementioned topics.  The candidate will work closely with all OCIO functions, investment teams as well across as the broader platform and senior management to execute on these responsibilities. Candidates can expect to work on numerous initiatives at a time given the lean size of the team.

Key responsibilities include, but not limited to:

• Reviewing portfolio company performance and identifying areas of outperformance and underperformance

• Supporting the management of BXCI’s credit watchlist

• Data analysis to identify trends in both the market and BXCI's portfolio; preparing presentations on portfolio and investment trends

• Helping to develop and maintain portfolio management and monitoring tools and initiatives to support investment management initiatives across BXCI

• Content creation, for both internal and external stakeholders

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, have sound judgement, are intelligent and have demonstrated excellence in prior endeavors.  In addition to strong analytical skills, the successful candidate should have:

• Undergraduate degree

• 2+ years of experience, ideally within investment banking, management / strategy consulting, or advisory / related valuation or transaction services.  Experience and familiarity with credit investing / leveraged finance markets is a plus

• Strong financial analysis, data management and presentation skills

• A high degree of proficiency in PowerPoint and Excel

• Detail-oriented focus

• Critical thinking skills, including identifying trends and insights from raw data sets

• High degree of motivation and ability to work well independently

• Ability to manage multiple tasks, deadlines and responsibilities

• Strong interpersonal skills to work cross-functionally and manage both internal and external business relationships

The duties and responsibilities described here are not exhaustive and