Credit Valuations & Analytics, AVP

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, X, and Instagram.

Job Description:

This position will assist in the BXCI Valuation process for the BXC managed funds.

• Building and maintaining valuation models by working with the investment teams and finance teams while coordinating with 3rd party independent valuation specialists
• Supporting the BXCI monthly and quarterly valuation process by creating deliverables including portfolio company dashboards, portfolio summaries, liquidity analyses, etc.
• Adhering to best practices in development of valuation methodologies, including compliance with ASC 820 Fair Value guidance
• Leads people activities (e.g., recruitment, onboarding, performance management, and workplace culture activities) and actively mentor and manage junior team members
• Performing analysis to incorporate all relevant information into the valuation process including analysis of the transaction structure, the modeling and methodology adopted, available market data and/or any proxies considered appropriate, applicable reserves/valuation adjustments and any relevant regulatory, risk or accounting considerations
• Execute creative solutions to challenges and new initiatives
• Analysis and formal communication of key valuation results, issues and risks to senior management (i.e. Valuation Committee, etc.) on a monthly basis
• Assisting with LP and stakeholder reporting by maintaining company performance metrics and valuation analytics on a centralized platform
• Supporting the year-end audit valuation testing by responding to audit inquiries relating to valuation models and related documentation                  
• Perform special projects and ad-hoc analyses determined by the needs of senior management
• Review of models and deliverables prepared by junior staff

Qualifications:

• 6+ years of valuation experience at a public accounting firm, third party valuation provider, or investment bank/asset manager
• Bachelor's Degree in a related field
• Progress towards a finance-related professional qualification (i.e. CFA, CPA) preferred
• Detailed knowledge of private investment valuation
• Detailed knowledge of financial instrument valuation and risks measurement in a complex product area
• A highly motivated individual with strong work ethic
• Excellent interpersonal/communication skills (written and verbal)
• Analytical/problem solver and proficient in Excel and PowerPoint
• Strong attention to detail
• Highly organized       
• Effectively prioritizes deliverables and meets deadlines

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.
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.