BAAM Strategic Initiatives, 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 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 www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.

Business Unit: BAAM

Business Unit Overview:

Blackstone Alternative Asset Management (BAAM®) manages approximately $78 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients' goals, a rigorous due-diligence process and access to Blackstone's global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while mitigating downside risk during stressed market environments.

Job Title: BAAM Strategic Initiatives, Associate

Job Description:

The Strategic Initiatives team works in close partnership with BAAM's leadership team (Global Head, COO, Head of Strategy, Investment Heads, and Head of ICS) to help develop and execute on BAAM's strategic priorities. The team's key responsibilities include strategy, initiative execution, innovation, process improvement and optimization, research and analysis, and risk management.

Key responsibilities for this role include:

• Investments: Work across BAAM's investment businesses (e.g., Portfolio Solutions, Special Situations, GP Stakes, etc.) with ability to develop models and scenario analysis on new business ventures and potential opportunities.
• Strategy & Operations: Drive efficiency across BAAM's business lines with a lens for commercial outcomes and improving processes.
• Clients: Partner with the Institutional Client Solutions team on specific client situations to deliver the Global Head's key messaging for the business.
• Firmwide & External Engagements: Draft and prepare presentations, messaging, and materials for internal and external engagements for the Global Head of BAAM.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors. In addition to strong analytical and time management skills, the successful candidate must have:

• 2+ years of professional experience in investment banking, investment management, management consulting, or investment product development.
• Sound understanding of capital markets, financing structures, and typical trading strategies used by alternative asset managers.
• Excellent verbal, written, and interpersonal communication skills to synthesize information quickly and communicate clearly.
• Ability to manage ad-hoc projects, with minimal oversight.
• Strong proficiency in PowerPoint, Excel, and Bloomberg.
• A growth mindset and eager to learn new concepts.
• A team-oriented mindset.
• High attention to detail.
• High integrity and discrete with sensitive information.
• Candidate should be self-motivated and a team-oriented individual who thrives on challenges in a dynamic environment, often tasked with competing deadlines.
• Undergraduate degree is 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:

$115,000 - $140,000

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.