Blackstone Credit & Insurance - CIO - Sustainability, Associate

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. 

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 Description:

Blackstone has a deep commitment to Sustainability and is seeking to recruit a Sustainability Associate for its BXCI business. The position is located in New York.

Job Description & Responsibilities:

The Sustainability Associate will be an integral member of the Blackstone Credit & Insurance (BXCI) Value Creation and Sustainability Team and will help drive sustainability initiatives across BXCI. The Associate will interface with senior members of BXCI and other areas of the firm. This individual will lead efforts around sustainability data, analysis, presentation, and reporting. Assisting in the monitoring of sustainability risk across portfolios including transaction due diligence research and broader industry trends. The Sustainability Associate will report to BXCI’s Global Head of Value Creation and Sustainability in the Office of the CIO.

Responsibilities will include:

• Providing sustainability research support to the BXCI investment teams who are integrating sustainability-related risk evaluation as part of the investment process

• Support marketing and reporting templates and business requirements for external facing sustainability reporting deliverables, including Article 8 reporting

• Working collaboratively to create and maintain sustainability presentation materials, investor reporting, and other communications for key stakeholders

• Collaborate with colleagues in institutional client solutions and the Global Sustainability team to provide solutions for investor requests for sustainability data, reporting and responses to due diligence questions

• Prepare and conduct engagement with BXCI portfolio companies on material sustainability topics such as decarbonization

• Liaise with external sustainability vendors on various workstreams

• Coordinate with the BXCI Value Creation and Asset Management teams on focus sponsors and borrowers

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors.  The ideal candidate should have:

• 2+ years of work experience in Banking, Research, Consulting, Finance, or Sustainability; credit experience is a plus

• Significant interest in the sustainability space; relevant work experience and/or academic degree a plus

• Superior verbal and written communication skills

• Strong analytical and quantitative skills

• Proficiency with Microsoft PowerPoint and Excel

• Highly organized and detail-oriented

• Robust work ethic and positive attitude

• Desire to work in a team environment

• Demonstrated experience managing projects independently and to completion

• Excellence demonstrated in prior endeavors

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:

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 at Blackstone’s sole discretion.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.
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