2024 Blackstone Data Science Summer Analyst

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 $951 billion 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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

2024 Blackstone Data Science Summer Analyst

Job Title

2024 Summer Analyst

Business Unit

Blackstone Data Science

Blackstone Data Science Overview

Blackstone Data Science ("BXDS") is the firm-wide team that uses advanced analytics and statistical methods to make us better investors and business operators, the first such team in private equity. Integrated into our investing groups, we focus on answering mission-critical investment and business questions using data analysis, statistics, computer programming, and machine learning. We use previously untapped financial data, alternative datasets, and analytical methods to develop a perspective on our investments and accelerate growth at our portfolio companies, as well as help source new investment and partnership opportunities.

BXDS is part of the firm's Portfolio Operations Group. We work hand-in-hand with Blackstone's deal teams and portfolio company management teams to underwrite investments, drive operating efficiencies, and identify new sources of value. We sit at the intersection of quantitative and investment analysis, and focus only on projects that "move the needle." You will have the opportunity to work directly with senior management at Blackstone as well as top executives from our portfolio companies. If you enjoy fast-paced, stimulating quantitative work with tangible business impact, BXDS may be a good fit for you.

Program Description

Blackstone's Summer Analyst Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analyst's various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Job Description

Blackstone is looking to hire a passionate undergraduate to join BXDS as a Summer Analyst. This individual will play a key role in accelerating a data-driven evolution within Blackstone by using advanced analytics to evaluate live private equity and real estate deals, work with our portfolio company management teams to drive business value, and curate novel insights using broad-ranging datasets.

This individual needs to be dedicated to the application of quantitative methods to drive investment analysis and business impact, and intellectually curious about solving real-world questions using data. This individual will be responsible for generating novel approaches to critical investment processes and driving innovation in private equity.

Successful candidates are creative, strategic, self-motivated, and highly detail-oriented for all steps of the data analysis process. They also must be effective communicators of technical outcomes to non-technical stake holders, creating business-friendly outputs and visualizations.

Qualifications

• Proficiency in programming and querying languages (Python and SQL preferred)
• Foundation in statistics and mathematics
• Comfortable working with, and combining, disparate and diverse data sources
• Strong skills using analytical methodologies and desire to solve novel technical challenges
• Excellence in balancing multiple projects and efficiently meeting goals in a fast-paced environment
• Strong written and verbal communication skills
• Ability to thrive independently as well as on a team
• Familiarity with big data analytical techniques and cloud technologies including Amazon Web Services (AWS) preferred
• Experience in a data-driven professional setting preferred
• Previous finance / consulting experience preferred but not required

To be considered for the 2024 Summer Analyst Program, applicants must meet the following/criteria:

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2024 - Spring 2025
• Resume must include expected graduation month/year and GPA
• Resume must be in PDF format

If you do not meet these criteria, please see Blackstone's Careers website for other opportunities that may be available, including other entry level positions.

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:

$100,000 - $110,000

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: 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 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.

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.