Blackstone Credit & Insurance - Chief Investment Office, Portfolio Management, 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 $1.1 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.

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Blackstone Credit & Insurance ("BXCI")

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.

Associate

The Portfolio Management Associate will work within the BXCI Chief Investment Office to manage all aspects of private & public credit investing for BXCI's Multi-Asset Credit Platform, with a specific focus on BXCI's multi-asset credit strategic partnerships and private funds.

• Portfolio Management
  • Partnering with asset class investment teams to implement strategic and tactical asset allocation decisions, including evaluating deployment opportunities in furtherance of overall portfolio objectives
  • Monitoring asset class valuations, market structure, and macro conditions to contribute to positioning recommendations
  • Assisting with management of fund liquidity, balance sheet positioning, and tracking of capital inflow / deployment pipeline
  • Developing and maintaining portfolio models, performance & risk analytics, and other relevant monitoring / reporting tools for portfolio management meetings
  • Supporting the onboarding of new partnerships and ongoing client service requirements in partnership with BXCI Institutional Client Solutions
  • Leading portfolio management process enhancements across automation initiatives, technology buildouts, and cross-function workflow optimization
• Portfolio Construction Research
  • Developing strategic asset allocation approach and customized proposals for multi-asset strategies subject to specific portfolio objectives and constraints
  • Assisting with research on tactical asset allocation factors and development of allocation signals
• Asset Class Research
  • Conducting research across private & public credit markets, including collaborating with dedicated sector investment teams to maintain real-time views on asset class characteristics and performance drivers
  • Contributing to firm-wide asset class reviews and development of sector views

• Bachelor's Degree in Finance, Economics, Mathematics, Computer Science, or similar discipline (CFA or CAIA a plus)
• 3+ years of relevant investment experience (cross-asset investing or asset allocation, quantitative analysis, and /or portfolio construction experience a plus)
• Strong analytical, financial modeling, and quantitative skills
• Highly organized and strong attention to detail
• A strong work ethic, professional integrity, and a positive attitude
• Highly motivated and intelligent; works effectively in a team environment; proactive and takes initiative
• Excellent interpersonal and communication skills, both written and verbal

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.

$120,000 - $150,000

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation…