Blackstone Credit & Insurance - ABF, Associate
Blackstone
This job is no longer accepting applications
See open jobs at Blackstone.See open jobs similar to "Blackstone Credit & Insurance - ABF, Associate" Out for Undergrad.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 Overview:
Infrastructure & Asset-Based Credit
Blackstone Credit & Insurance is one of the largest credit asset managers in the world and is a leading investor in structured credit through its Infrastructure & Asset-Based Credit (“IABC”) platform. IABC employs a broad strategy with investments across infrastructure debt, asset based lending, sustainable resources, and corporate solutions through both private and public markets. IABC targets investments across multiple key sectors including energy transition, infrastructure, consumer & commercial finance, along with large corporate companies.
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. Coding experience is helpful, but not required.
Prior experience preparing presentation materials using PowerPoint.
Strong communication skills.
Intellectual curiosity and a desire to learn.
2+ years of relevant work experience at an investment bank (FIG, Leveraged Finance, Securitized Products banking/Structuring or Securitized Products Trading preferred), consulting firm, or buy-side investment firm.
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:
$140,000 - $150,000Actual 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.
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.
If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.
Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:
Attending client meetings where you are discussing Blackstone products and/or and client questions;
Marketing Blackstone funds to new or existing clients;
Supervising or training securities licensed employees;
Structuring or creating Blackstone funds/products; and
Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
This job is no longer accepting applications
See open jobs at Blackstone.See open jobs similar to "Blackstone Credit & Insurance - ABF, Associate" Out for Undergrad.