Blackstone Credit - Quantitative Solutions, Associate
Location: New York
Posted on: January 26, 2023
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 $941 billion 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
Business Unit Overview:
Blackstone Credit is one of the world's largest credit-focused
asset managers, with $230 billion in AUM. We seek to generate
attractive risk-adjusted returns for our clients by investing
across the entire corporate credit market, from public debt to
private loans. Our capital supports a wide range of companies
across sectors and geographies, enabling businesses to expand,
invest, and navigate changing market environments.
Blackstone Credit's (BXC) Quantitative Solutions team is a
project-based team which works directly with BXC's various
investment teams to improve all aspects of the investment process.
The successful candidate will conduct in-depth quantitative
analysis of current and prospective investment utilizing a wide
variety of datasets, both proprietary and third party. The
successful candidate will oversee developing and supporting
portfolio analytics tools and portfolio management tools. The
successful candidate will work closely with investment groups to
provide quantitative solutions for business objectives, and provide
key, differentiated insights and approaches to problems. The
candidate will have an opportunity to partner with members of
Blackstone's Data Science Team, which is Blackstone's firm-wide
team focused on data science, big data, and advanced analytics. The
ideal candidate will have prior experience in a quantitative or
risk analytics role, working within or alongside a portfolio
management team. This position requires working closely with senior
leadership to help enhance the effectiveness of the overall
investment management process.
Blackstone Credit seeks to hire individuals who are highly
motivated, intelligent and have demonstrated excellence in prior
endeavors. In addition to strong qualitative and quantitative
skills, the successful candidate should have:
Degree in a quantitative field, such as computer science, financial
engineering, mathematics, statistics, data science, or
At least 3 years of relevant experience in portfolio management,
mathematical modelling/ or risk analytics, preferably for a credit
Prior experience in Python, SQL, Tableau. Beacon experience a plus.
User interface experience a plus.
Experience with alternative datasets
Extensive experience with analytical methodologies and desire to
solve novel technical challenges
Excellence in balancing multiple projects and efficiently meet
goals in a fast-paced environment
Strong written and verbal communication
Ability to work independently as well as on a team
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 - $160,000 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
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.
This employer is a corporate member of
myGwork - LGBTQ+ professionals, the business community for LGBTQ+
students, inclusive employers & anyone who believes in workplace
Keywords: myGwork, New York , Blackstone Credit - Quantitative Solutions, Associate, Other , New York, New York
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