Blackstone Credit & Insurance - Valuations & Analytics, AVP

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.
 

Job Title: Blackstone Credit & Insurance Valuations, Assistant Vice President

 

Job Description:

This position will assist in the BXCI Valuation process for the BXCI managed funds.

• Building and maintaining valuation models by working with the investment teams and finance teams while coordinating with 3rd party independent valuation specialists
• Supporting the BXCI monthly and quarterly valuation process by creating deliverables including portfolio company dashboards, portfolio summaries, liquidity analyses, etc.
• Adhering to best practices in development of valuation methodologies, including compliance with ASC 820 Fair Value guidance
• Performing analysis to incorporate all relevant information to the valuation process including analysis of the transaction structure, the modeling and methodology adopted, available market data and/or any proxies considered appropriate, applicable reserves/valuation adjustments and any relevant regulatory, risk or accounting considerations
• Analysis and formal communication of key valuation results, issues and risks to Senior Management (i.e. Valuation Committee, etc) on a monthly basis
• Assisting with LP and stakeholder reporting by maintaining company performance metrics and valuation analytics on a centralized platform
• Supporting the year-end audit valuation testing by responding to audit inquiries relating to valuation models and related documentation                  
• Perform special projects and ad-hoc analyses determined by the needs of Senior Management
• Review of models and deliverables prepared by junior staff
• Assist in the on-going training and mentorship of analysts and COE resources

 

Qualifications:

• 6+ years of valuation experience at a public accounting firm, third party valuation provider, or investment bank/asset manager
• Bachelor's Degree in a related field
• Progress towards a finance-related professional qualification (i.e. CFA, CPA) preferred
• Detailed knowledge of private investment valuation
• Detailed knowledge of financial instrument valuation and risks measurement in a complex product area
• A self-motivated individual with strong work ethic and a positive attitude
• Excellent interpersonal/communication skills (written and verbal)
• Analytical/problem solver and proficient in Excel and PowerPoint
• Strong attention to detail
• Highly organized       
• Ability to prioritize deliverables and meet deadlines

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:

$125,000 - $185,000

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, pl