Blackstone Credit & Insurance - Asset Based Finance, 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 $ 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.

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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 :

BXCI - Asset Based Finance, Associate

Primary responsibilities will include :

• Perform due diligence on prospective investments within the credit space, with a focus on Structured Credit, including meeting with potential borrowers, doing deep dives on the business, industry / strategy research, financial modeling, and putting together investment materials.
• Working with other members of the Investment Team to diligence, and underwrite investment opportunities, leveraging Blackstone’s various groups where appropriate.
• Building comprehensive financial models and evaluating various cases and types of deal structures.
• Drafting and presenting memorandums for Investment Committees.
• Monitoring existing investments including tracking KPI’s and continuously challenging the validity of the investment thesis.
• Thinking creatively about ways to improve the team’s existing processes.

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

In addition to strong analytical and quantitative skills, a successful candidate will have :

• A desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel / VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn
• Past Structured Credit experience is helpful, but not required.

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 :

$105,000 - $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, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation : Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.