Credit & Insurance - Lender Relationship Management, Associate

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.

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Job Title
: BXCI Capital Formation, Lender Relationship Management, Associate

Blackstone 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 Description
:
The Lender Relationship Management associate sits within the Capital Formation team of BXCI’s Chief Investment Office. The associate will support the Capital Formation team as well as the Blackstone Strategic Relationships team with analyzing, tracking and reporting on the totality of BXCI’s relationships with external counter parties including banks, asset managers, insurance companies, and more.

The main areas of responsibility include:

• Track counter party liability exposure within BXCI’s balance sheet, including credit leverage facilities and CLO debt.
• Aggregate and report on the various types of fees paid to counter parties.
• Coordinate and produce the BXCI commentary and internal briefing materials and follow ups for senior management relationship meetings with external counter parties.
• Create and update presentations on counter party relationships and potential partnerships.
• Develop subject matter expertise on relevant topics related to counter party relationships.
• Work closely with other teams including deal teams, treasury, operations, corporate strategic relationships, and technology to gather the most up-to-date information, drive efficiencies in internal reporting, and create automation where applicable.
• Various additional recurring and ad hoc relationship requests from senior management.

Qualifications
:

Blackstone seeks to hire individuals who are initiative-taking and intelligent with sound judgement and have demonstrated excellence in prior endeavors. In addition to strong analytical skills, the successful candidate should have:

• 3+ years of professional experience in an investment bank, consulting firm or an advisory firm.
• Advanced Microsoft Excel and PowerPoint skills required.
• Ability to synthesize large amounts of data into digestible reporting.
• A desire to work in a team environment, often under competing priorities.
• Self-motivated with a “can do” attitude, diligent and conscientious work ethic.
• Detail-oriented, highly organized and keen attention to details.
• Excellent organization, communication, and interpersonal skills.
• Adaptive, collaborative, positive and proactive mindset.

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: $140,000 - $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,…