Blackstone Credit & Insurance - Asset 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 Follow @blackstone on LinkedIn, Twitter, and Instagram.Business Unit: Blackstone Credit & InsuranceBlackstone 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: Senior Associate Responsibilities:Blackstone Credit & Insurance's Asset Management group mobilizes resources to preserve investor capital and enhance investment returns in challenged situations. Once assets that are or could be challenged are identified, the Asset Management group proactively engages with owners, management, and other stakeholders to preserve value. The Senior Associate will work to address distressed positions within the portfolio, restructuring if necessary, and support the maximization of returns post-restructuring by adding value to the management teams as further described below. The team employs a private equity mindset when managing assets by taking an active role in turnarounds, value-creation strategies, and exit planning. The main areas of responsibility will include assisting senior team members with:Preparing investment memoranda, analyses (with significant emphasis on identifying root causes of underperformance), financial forecasts, and other ad-hoc requests to support real-time decision making related to existing investmentsRestructuring of capital structures by evaluating financial models, identifying optimal financing solutions, and supporting negotiations to enhance liquidity, reduce debt burdens, and secure long-term financial stability for an organizationProviding comprehensive support to management and the board of directors by preparing detailed analyses, strategic recommendations, and facilitating effective decision-making to drive business performance and achieve corporate objectives. This could include participating in due diligence processes for potential add-on acquisitions & divestitures as part of broader restructuring effortsIf required, coordinating the selection and engagement of third-party consultants and service providers for value creation initiativesDeveloping and maintaining a comprehensive understanding of industry trends, competitive landscapes, and regulatory environments to inform strategic decision-making for control significant minority equity positionsDriving and reporting on the progress of turnaround initiatives, providing regular updates to BXCI senior management on key financial metrics, operational milestones, and risk factorsQualifications:Blackstone seeks to hire individuals who are highly motivated, have sound judgement and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should have:Bachelor's degree in finance, business administration, economics, or a related field; advanced degrees (e.g., MBA) or professional certifications (e.g., CFA, CPA) are a plus, but not requiredMinimum of 3 years of experience in investment banking, restructuring advisory, private equityprivate credit, management consulting, or a related field, with a focus on distressed assets or turnaround situationsDemonstrated proficiency in financial modeling, valuation techniques, and scenario analysis, with a strong ability to assess complex financial structures and understand the implications of various restructuring alternativesExceptional analytical and quantitative skills, with the ability to synthesize large amounts of data into actionable insights and coherent strategiesStrong communication and interpersonal skills, capable of effectively presenting analysis and recommendations to management teams, boards of directors, and external stakeholdersProven track record of working collaboratively in a team environment, managing multiple projects simultaneously, and meeting tight deadlines under pressureStrong EQ, with an ability to navigate between internal demands and building strong working relationships with management teamsHigh level of initiative and motivation, with a keen interest in the dynamics of companies and a passion for developing creative solutions to complex problemsFamiliarity with industry-specific challenges and opportunities, with the ability to quickly learn and adapt to new sectorsThe 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:$150,000 - $215,000Actual 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 on the position, you may be required to obtain certain securities licenses if you are in a client facing role andor if you are engaged in the following:Attending client meetings where you are discussing Blackstone products andor and client questions;Marketing Blackstone funds to new or existing clients;Supervising or training securities licensed employees;Structuring or creating Blackstone fundsproducts; andAdvising on marketing plans prepared by a sales team or developing andor 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.

Created: 2025-02-17