Portfolio Management- BXMA Valuation & Analytics, Associate

Associate, Portfolio Management - Valuations & Analytics

The Portfolio Management - Valuations & Analytics team is looking for an Associate for the Hedge Fund Solutions (BXMA) group. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results for BXMA with a focus on private asset valuation including equity, credit, structured products, and structured risk transfers.

Responsibilities:

• Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables
• Apply valuation methodologies in line with Blackstone's valuation policy as well as requisite external guidance
• Attend valuation committee meetings and other meetings with senior-level stakeholders and present to leaders in Finance and BXMA
• Maintain subject matter expertise in structured risk transfers, structured securities, credit, and complex valuations
• Drive the onboarding process for technology and offshore team members and ensure proper data collection procedures are in place
• Respond to auditor inquiries and coordinate valuation reviews with third party valuation firms
• Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
• Work closely with BXMA Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of business forecasts and other planning deliverables
• Maintain productive relationships with core constituencies including, Asset Management, Investor Relations, Operations, Accounting, and Finance teams and deal professionals

Qualifications:

• Bachelor's Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)
• 3+ years of private valuation experience in transaction services, a private equity fund, hedge fund, third-party valuation services provider, or similar organization
• Understanding of ASC 820 and corresponding valuation guidance.
• In depth understanding of the discount cash flow model, market multiples, and option pricing
• Strong interpersonal skills, high EQ, and confidently and competently handles interactions with deal professionals, Asset Management, and portfolio company representatives
• Excellent verbal and written communication skills.
• Confidence presenting to large groups of individuals
• Works well in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
• Focused on process improvement
• Proficiency in MS Excel and MS PowerPoint is required
• Proficiency in Python a plus
• Experience with Monte Carlo simulation a plus

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:

$110,000 - $150,000

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 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, 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.