Blackstone Credit & Insurance – Structuring, Senior Associate

Location: New York

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 . Follow @blackstone on , , and .Blackstone Credit & Insurance – Structuring, Senior Associate 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 Description:

Blackstone Credit & Insurance (BXCI) is seeking to add a Senior Associate to its Structuring team within the Office of the Chief Investment Officer (OCIO).The Structuring team is primarily responsible for originating and executing structured investments across BXCI; creating and managing rated vehicles to deliver BXCI’s origination in an efficient manner for our investors; owning relationships across rating agencies and banks for structured solutions;

working closely with sales team and portfolio managers for ongoing maintenance of structures; collaborating with other functions within OCIO and the broader BXCI platform; and preparing models, analysis, memos, and presentations regarding the aforementioned topics.

The candidate will work closely with all OCIO functions, origination teams, individuals across the broader platform, and senior-level management to execute on these responsibilities. Candidates can expect to work on numerous initiatives at a time given the lean size of the team.
* Additional key responsibilities include, but are not limited to:
** End-to-end process management across all structured deals including:
* Asset/Portfolio due diligence
* Modeling of proposed structure
* Preparation of investment committee material
* Review of legal documentation
* Management of rating agencies and external stakeholders
* Data analysis and qualitative observation to identify trends across rating agency methodologies and the broader market
* Helping to develop and maintain portfolio management and monitoring tools to support ongoing structure management
* Content creation, for both internal and external stakeholders

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, have sound judgement, intelligent, and have demonstrated excellence in prior endeavors.  In addition to strong analytical skills, the successful candidate should meet the following qualifications:
* Undergraduate degree
* 2+ years of experience, ideally within investment banking, management / strategy consulting, or advisory / related valuation or transaction services.  Experience and familiarity with structuring and credit investing / leveraged finance markets is a plus
* Strong financial analysis, data management, and presentation skills
* A high degree of proficiency in PowerPoint and Excel
* Detail-oriented
* Critical thinking skills, including identifying trends and insights from raw data sets
* Highly motivated; works well independently
* Effectively manages multiple tasks, deadlines, and responsibilities
* Strong interpersonal skills to work cross-functionally and manage both internal and external business relationships

The duties and responsibilities described…