Blackstone Multi-Asset Investing (BXMA)- Quant/Risk Team
Blackstone · New York, United States · 12d ago
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 www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Business Unit Overview:
Blackstone Multi-Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
Job Description:
The Multi-Strategy Investing platform (“MSI”) was launched in 2011 and is the team's flagship commingled multi-strategy fund. MSI’s mandate is flexible across the capital structure – investing in equities, preferreds, converts, bonds, loans and structured investments. The team can execute on both private and public opportunities across geographies or industries.
The MSI team is able to leverage the broader Blackstone network (including Real Estate, Private Equity, Credit, and Strategic Partners), and the team’s direct relationships to source attractive investment opportunities. The team seeks an Investment Analyst for its fundamental equity team to support the fund’s fundamentally-driven investment process.
Responsibilities:
Primary responsibilities will include:
Portfolio Analytics: Develop, execute, and analyze ongoing and bespoke performance and portfolio analytics across attribution, risk modeling, and portfolio construction.
Data Infrastructure: Ongoing development and maintenance of internal data solutions with a focus on highly scalable and computationally efficient data and analytical infrastructure.
Risk Reporting Stack: Assist with building out a new risk reporting stack, integrating RiskMetrics, other third-party, and proprietary sources.
Collaboration. Work closely with Investment teams and other BXMA groups, including Operations, Treasury, and Legal, to ensure seamless integration, alignment, and effective collaboration.
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:
3+ years of experience in a risk management or a quantitative research role.
Graduate degree in a quantitative discipline.
In-depth knowledge of risk frameworks, risk models, derivatives, multi-asset class risk management, and fundamental factor models.
Advanced proficiency in Python, SQL, and Tableau.
Experience in leveraging AI tools for coding, such as Cody or Codex
Familiarity with using Bloomberg through Python, APIs, and experience with RiskMetrics, Barra, or similar risk engines is a plus.
Strong focus on data validation, rigorous testing, and ensuring code reliability.
Proven experience in sourcing, cleaning, managing, and analyzing large datasets.
Strong interpersonal skills and clear, concise communication skills.
Demonstrated multi-tasking skills and maintains a strong work ethic.
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 - $125,000Actual 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 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, 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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
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; and
Advising 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.
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