Blackstone Credit & Insurance, ABF Associate

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at  Follow @blackstone on Linked In, X (Twitter), and Instagram.

Infrastructure & Asset-Based Credit Blackstone Credit & Insurance is one of the largest credit asset managers in the world and is a leading investor in structured credit through its Infrastructure & Asset-Based Credit (IABC) platform. IABC employs a broad strategy with investments across infrastructure debt, asset-based lending, sustainable resources, and corporate solutions through both private and public markets. IABC targets investments across multiple key sectors including energy transition, infrastructure, transportation, consumer & commercial finance, along with large corporate companies.

Primary responsibilities will include:

• Performing due diligence on prospective investments within the credit space, with a focus on transportation, including by meeting with potential originators, doing deep dives on the business, industry/strategy research, financial modeling, and drafting investment materials.
• Working with other members of the Investment Team to diligence, and underwrite investment opportunities, leveraging Blackstone’s various groups where appropriate.
• Building comprehensive financial models and evaluating various cases and types of deal structures.
• Engaging with rating agencies and assisting in ratings processes.
• Drafting and presenting memorandums for investment committees.
• Monitoring existing investments including by tracking KPI’s and continuously challenging the validity of the investment thesis.
• Thinking creatively about ways to improve the team’s existing processes.

Blackstone seeks to hire individuals who are highly motivated and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, a successful candidate will meet the following qualifications:

• Desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel/VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn.
• 2+ years of relevant work experience at an investment bank (ABS/Structured Finance, Leveraged Finance, transportation coverage), consulting firm, a sell-side structuring or trading desk, or a hedge fund.
• Past Structured Transportation experience is helpful but not required.

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA…