Data Science - Private Equity 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 $941 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.

Team:

Blackstone Data Science

Team Description:

Blackstone Data Science ("BXDS") is the firm-wide team that uses advanced analytics and statistical methods to make us better investors and business operators. Integrated into our investing groups, we focus on data-driven questions that matter to business and can be solved through the application of data analysis, statistics, computer programming, and machine learning. We develop insights through alternative datasets and analytical methods to help fill in gaps in our understanding of specific assets and markets, as well as help source new investment and partnership opportunities.

BXDS is part of the firm's Portfolio Operations Group. In private equity, BXDS works hand-in-hand with deal teams to identify potential sources of corporate value that could be quantified and underwritten through data science. In our portfolio companies, we drive operating efficiencies and create incremental and new revenue streams by working directly with our management teams. In real estate, we work alongside deal teams to evaluate attractiveness of local markets based on novel datasets and proprietary geospatial models.

We are a team of data scientists, engineers, and strategists that analyzes complex datasets, develops predictive and analytical models, builds production-quality data flows, and advises on smarter data utilization. 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 with 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.

Job Title: Portfolio Operations - Data Science, Private Equity, Associate

Job Description:

Blackstone is looking to hire a passionate data scientist to be an integral member of BXDS focusing on private equity investing. This individual will play a key role in accelerating data-driven evolution within Blackstone by using advanced analytics to evaluate live private equity deals, work with our portfolio company management teams to drive business value, and derive insights from alternative data.

The ideal candidate is a data practitioner who has experience working with diverse sets of structured and unstructured data. This individual needs to understand and own all steps of the data analysis process, including cleaning dirty and unstructured data, data tagging, feature engineering, and mapping. A data scientist will be responsible for independently exploring and working with a portfolio of datasets and have the opportunity to generate novel insight from the data. This individual needs to be passionate about using data science to solve real-world problems and ultimately create value for businesses.

Qualifications include:

• Undergraduate degree in data science, CS, or a related field required
• 4+ years of relevant experience in a data-driven professional setting
• Robust foundation in statistics and a high level of proficiency in Python and SQL
• Familiarity with cloud technologies including Amazon Web Services (AWS)
• Extensive experience working with and combining disparate data sources
• Entrepreneurial mindset with ability to independently drive projects and effectively manage multiple parallel workstreams
• Strong written and verbal communication skills
• No previous experience in the financial services industry 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:

$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, 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.