Blackstone Credit & Insurance - CIO - Sustainability, Associate

About the role

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

The Sustainability Associate will be an integral member of the Blackstone Credit & Insurance (BXCI) Value Creation and Sustainability Team and will help drive sustainability initiatives across BXCI. The Associate will interface with senior members of BXCI and other areas of the firm. This individual will lead efforts around sustainability data, analysis, presentation, and reporting. Assisting in the monitoring of sustainability risk across portfolios including transaction due diligence research and broader industry trends. The Sustainability Associate will report to BXCI’s Global Head of Value Creation and Sustainability in the Office of the CIO.

Responsibilities

• Provide sustainability research support to the BXCI investment teams who are integrating sustainability-related risk evaluation as part of the investment process
• Support marketing and reporting templates and business requirements for external facing sustainability reporting deliverables, including Article 8 reporting
• Work collaboratively to create and maintain sustainability presentation materials, investor reporting, and other communications for key stakeholders
• Collaborate with colleagues in institutional client solutions and the Global Sustainability team to provide solutions for investor requests for sustainability data, reporting and responses to due diligence questions
• Prepare and conduct engagement with BXCI portfolio companies on material sustainability topics such as decarbonization
• Liaise with external sustainability vendors on various workstreams
• Coordinate with the BXCI Value Creation and Asset Management teams on focus sponsors and borrowers

Qualifications

• 2+ years of work experience in Banking, Research, Consulting, Finance, or Sustainability; credit experience is a plus
• Significant interest in the sustainability space; relevant work experience and/or academic degree a plus
• Superior verbal and written communication skills
• Strong analytical and quantitative skills
• Proficiency with Microsoft PowerPoint and Excel
• Highly organized and detail-oriented
• Robust work ethic and positive attitude
• Desire to work in a team environment
• Demonstrated experience managing projects independently and to completion
• Excellence demonstrated in prior endeavors

Pay

Expected annual base salary range: $120,000 – $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.

Benefits

• Comprehensive health benefits, including medical, dental, vision, and FSA benefits
• Paid time off
• Life insurance
• 401(k) plan
• Discretionary bonuses
• Eligibility for equity and other incentive compensation at Blackstone’s sole discretion