BXMA- Quantitative Strategy, Associate

Blackstone · New York City, NY

Company

Blackstone

Location

New York City, NY

Type

Full Time

Job Description

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.

Job Description

The Quantitative Strategy Team is responsible for investing in systematic trading strategies across all asset classes as well as in strategies applied to digital assets. The investment process combines the analytical thinking of systematically investing in public markets with the strategic thinking of private equity. Core responsibilities include:

  • Sourcing, evaluating, and investing in systematic and digital assets focused hedge fund strategies across fund life cycles. This involves meeting with the hedge fund manager and their team and conducing both qualitative and quantitative analysis of the relevant strategy.
  • Thinking strategically about quantitative methods for generating investment ideas and developing quantitative tools to improve BXMA's overall investment process.
  • Creating bespoke quantitative models to profit from inefficiencies across various asset classes.
  • Making recommendations regarding different styles of investing, given the current environment and future expectations.
  • Creating strategic partnerships with systematic hedge fund managers with the goal of developing bespoke investment opportunities.

Qualifications

BXMA 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 experience
  • Passion for both investing and business building.
  • Strong conceptual and analytical thinking abilities.
  • Framework orientation for problem solving.
  • Strong quantitative and coding skills (Python).
  • Strong capabilities at financial modeling (MS Excel) and presentation construction (MS PowerPoint).
  • Exceptional work ethic, entrepreneurial spirit, intellectual curiosity, and desire to continually expand their understanding and improve.
  • Collaborative workplace approach that fosters strong working relationships.
  • Unquestionable integrity.
  • Candidate should be self-motivated and a team-oriented individual who thrives on challenge in a dynamic environment, often tasked with competing deadlines.

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 - $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: 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 email Human Resources at [email protected].

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.

Date Posted

03/18/2024

Views

20

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