Valuations & Analytics, AVP

About the role

Blackstone’s Portfolio Management - Valuations and Analytics team is seeking an AVP to support Blackstone’s Infrastructure Strategies. The role involves preparing, evaluating, analyzing, and summarizing portfolio investment valuation results, as well as handling ad hoc and recurring analyses related to portfolio monitoring and reporting.

Responsibilities

• Assist in day-to-day management of the team including, but not limited to, deliverable tracking, model development, valuation model reviews, presentation to senior leaders, and completion of ad-hoc deliverables
• Lead the completion of valuation models in line with Blackstone’s valuation policy as well as requisite external guidance
• Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place
• Manage the annual audit as well as interim reviews with third party valuation firms
• Lead enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology
• Manage the creation and development of presentation materials to effectively communicate results within the Infrastructure group and wider Blackstone
• Lead presentation of valuation results to various internal committees, external auditors, and limited partners
• Aid in the on-going training and development of analysts and associates
• Work closely with Private Equity Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
• Maintain relationships with core constituencies including, deal professionals, Fund COO/CAO, Institutional Client Services, Operating Team, Accounting, Operations and Finance teams

Qualifications

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)
• 6+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
• Thorough understanding of ASC 820 and corresponding valuation guidance. Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM etc.)
• Strong interpersonal skills, high EQ, and the ability to confidently and competently handle interactions with deal professionals, Asset Management, and portfolio company representatives
• A self-motivated individual with strong work ethic and attention to detail
• Excellent oral and written communication skills. Confidence presenting to large groups of senior leaders (e.g. Firmwide Valuation Committee, Board of Directors)
• Proficiency in MS Excel and MS PowerPoint is required
• Experience managing a team a plus
• Proficiency in iLevel, 73 Strings, or a similar platform is a plus

Pay

Expected annual base salary range: $135,000 - $200,000

Schedule

Full-time

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