Blackstone Credit & Insurance - CIO Portfolio Management, Analyst

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, Twitter, and Instagram.
 

Business Unit: Blackstone Credit & Insurance

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: Analyst

Responsibilities

The Portfolio Management Analyst 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: 

• Investment management & analytics: analytics to drive investment, portfolio, and fund related decisions:

  • Portfolio Construction (asset mix / details, sector concentrations, deployment, pipeline/repayments)

  • Balance Sheet (leverage/capital structure, capital raising, liquidity stress testing)

  • Corporate Strategy (dividend management, performance)

• Assist in the day-to-day management of BXCI’s multi-asset credit retail fund, including investment allocations, liquidity forecasts, dividend / distribution strategy, tracking asset performance, and related activities.

• Develop platform-wide forecasts to project dry powder and deployment needs to help drive origination and financing strategies.

• Develop and maintain certain fund / corporate models to track performance against forecasted returns, management fees and deployment ramp. Run scenario and ad-hoc analysis to predict capital needs and evaluate impact of portfolio structuring decisions.

• Support / review investor-related reporting for covered funds, including but not limited to, quarterly presentations, portfolio data files, capital call forecasts and stress testing.

• Partner with technology to design tools/dashboards and enhance automation. 

• Work with cross functional teams (investment teams, capital markets, finance, risk) to support day-to-day fund / portfolio level decisions.

• Support content creation, research, and data analysis of certain private credit market trends and areas of risk / opportunities.

• Identify and evaluate strategic opportunities that arise to support growth for BXCI's multi-asset credit platform.

• Participate in and create materials for board and investor meetings, both internal and external facing.

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 a plus)

• 1+ years of professional experience in investment banking, asset management, credit research, advisory or related valuation or transaction services role