Blackstone Credit & Insurance - Liquid Credit Strategies, Product Management

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.
 

Blackstone Credit & Insurance (“BXCI”)– Liquid Credit Strategies (“LCS”) – Product Management, Associate

Business Unit:

Blackstone Credit & Insurance (“BXCI”)

Business Unit 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:

Associate

Job Description:

The BXCI LCS Product Management team supports marketing efforts, drives investor reporting and client management, and performs other key strategic functions for the growth and success of the global LCS business. The individual in this role will be based in our New York office, supporting our CLO, corporate bond, and broadly syndicated loan strategies.

The main areas of responsibility include:

• Generating fund and platform marketing materials, including collaborating across the business to develop strategy, story, and materials for new and existing products
• Creating and updating LCS fund and SMA client reporting materials
• Contributing to bespoke prospect materials and proposals
• Driving client management and engagement with other external partners
• Preparing for and participating in client calls alongside portfolio managers
• Completing diligence questionnaires and RFPs
• Producing fund board reporting materials and helping manage board relationships
• Providing other business support and helping with strategic initiatives, including new product development
• Maintaining close collaboration with portfolio managers and other internal partners throughout Blackstone to strengthen existing client relationships and drive business initiatives forward

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors. The successful candidate must have:

• 3+ years of experience in investment banking, fixed income, and/or alternative asset management (credit focus preferred)
• Strong knowledge of fixed income/high yield/credit, along with basic understanding of accounting and finance
• Entrepreneurial, with the ability to work independently as well as in a team environment
• Strong skills in Excel and PowerPoint; ability to effectively manipulate data and present information visually
• Excellent communication and interpersonal skills
• Demonstrated ability to write effectively
• Strong organizational and multi-tasking skills
• Exceptional attention to detail
• Intellectual curiosity and ability to take initiative
• A desire to work in a global team environment

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:

$120,000 - $140,000

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.

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 [email protected].

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.