Blackstone Credit & Insurance - Finance Attorney, Senior 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– Finance Attorney, Senior Associate

Business Unit: Blackstone Credit

Business 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: Finance Attorney, Senior Associate

Job Description:

Blackstone Credit & Insurance is seeking an experienced finance attorney to join a team of lawyers within the Chief Investment Office responsible for handling credit documentation and negotiation across the credit platform.  The attorney will work alongside portfolio managers and deal team members to structure, analyze and negotiate a broad range of credit documents, including term sheets, commitment letters, credit agreements, preferred stock instruments and other bespoke transaction documents.  The attorney will handle credit documentation for new loan originations and will liaise with internal and external counsel, as well as internal middle office and operations teams, as needed, to shepherd the deal from the term sheet stage to closing.  The attorney will also evaluate legal risks associated with existing investments and workout transactions, including potential liability management exercises, and present their analyses to investment committees.  Although the attorney will focus on direct lending transactions, the attorney will also coordinate with other deal teams across the Blackstone Credit & Insurance platform with respect to energy, distressed and liquid credit investment opportunities. 

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.

The successful candidate should have:

• 6+ years of law firm experience in a finance-related practice (focus on lender-side direct lending transactions is a plus)

• Ability to be proactive in new situations, and to manage projects and third parties, including outside counsel

• Strong academic credentials; JD is required

• Critical attention to detail and analytical skills

• Strong drafting and organizational skills

• Ability to communicate confidently and effectively

• Ability to work independently while remaining a strong team player

• Sharp intellect and ability to understand difficult, complex compliance and business issues

• High initiative, creativity and drive

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:

$175,000 - $225,000

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 comp