Blackstone Credit & Insurance, ABF Associate

Primary responsibilities

• Performing due diligence on prospective investments within the credit space, with a focus on transportation, including by meeting with potential originators, doing deep dives on the business, industry/strategy research, financial modeling, and drafting investment materials.
• Working with other members of the Investment Team to diligence, and underwrite investment opportunities, leveraging Blackstone’s various groups where appropriate.
• Building comprehensive financial models and evaluating various cases and types of deal structures.
• Engaging with rating agencies and assisting in ratings processes.
• Drafting and presenting memorandums for investment committees.
• Monitoring existing investments including by tracking KPI’s and continuously challenging the validity of the investment thesis.
• Thinking creatively about ways to improve the team’s existing processes.

Qualifications

• Desire to work in a team environment, often under competing deadlines.
• Strong financial modeling skills, with past experience modeling and evaluating transactions.
• Excellent technical proficiency in Excel/VBA.
• Prior experience preparing presentation materials using PowerPoint.
• Strong communication skills.
• Intellectual curiosity and a desire to learn.
• 2+ years of relevant work experience at an investment bank (ABS/Structured Finance, Leveraged Finance, transportation coverage), consulting firm, a sell-side structuring or trading desk, or a hedge fund.
• Past Structured Transportation experience is helpful but not required.

Pay

Expected annual base salary range: $120,000 - $160,000

Benefits

• Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits;
• Paid time off;
• Life insurance;
• 401(k) plan;
• Discretionary bonuses.

Equal Employment Opportunity

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.