Blackstone Credit & Insurance - Sustainable Resources Group, Senior Associate

Blackstone

  • New York City, NY
  • $150,000-185,000 per year
  • Permanent
  • Full-time
  • 25 days ago
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 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 , , and .Business Unit:Blackstone Credit & InsuranceBusiness Unit Overview:Blackstone Credit & Insurance’s Sustainable Resources Group (“BXCI SRG”) is a market leader in renewable energy and sustainable infrastructure. The firm estimates its energy transition portfolio has a fair market value of ~$16bn as of March 31, 2024. BXCI SRG employs a broad and opportunistic strategy ranging from senior secured, preferred equity, and common equity investments across both the private and public markets. The group targets investments in the energy transition sectors (e.g. solar, wind, distributed energy, EVs) as well as traditional energy infrastructure (e.g. midstream, LNG).Job Title:Senior AssociateJob Description/Responsibilities:Senior Associates in Blackstone Credit & Insurance will have the opportunity to participate in all aspects of the investment process from initiation to close. Responsibilities will include financial analysis, execution of transactions (including meeting and interacting with management teams as part of the due diligence process), industry research and competitive analysis, legal documentation and drafting of memoranda for internal and external use. Candidates can expect to work on numerous projects at a time in various private and public investment opportunities. The small size of the professional staff and the extent of the deal flow require lean staffing and significant responsibility sharing.Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have:
  • At least 4 years of relevant work experience from investment banking, private equity or private credit
  • 2+ years of investing experience
  • Experience in analyzing financial statements and conducting due diligence
  • Exceptionally strong financial modeling skills
  • Strong organizational and process management skills
  • Strong communication skills, a demonstrated ability to write effectively
  • A desire to work in a team environment, and the ability to think and work independently
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:$150,000 - $185,000Actual 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 .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; andAdvising 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.

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