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
Proven experience working in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a rapidly growing business
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 proven capability 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
Proficiency in iLevel a plus
Experience managing a team of at least 3 individuals a plus
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:
$130,000 - $200,000
Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, cree
Benefits
Health insuranceDental insuranceVision insurance401(k)Flexible scheduleEquity / stock optionsPerformance bonus
Additional Information
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 $1.1 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 , X , and Instagram .
Blackstone's Portfolio Management - Portfolio Valuations and Analytics team is looking for an AVP to support the Life Sciences ("BXLS") group. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results for BXLS. In addition to valuations, the team is called upon to handle a variety of ad hoc and recurring analyses related to portfolio monitoring and reporting.
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
Drive 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 BXLS and wider Blackstone
Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
Assist in the on-going training and development of analysts and associates
Work closely with BXLS 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, Institutional Client Services, Portfolio Operations, Accounting, Operations and Finance teams
This is designed to be a role involving mentorship with trajectory toward greater managerial responsibilities based on performance