Prepare valuation models reviews, presentations for leaders, and ad-hoc deliverables
Apply valuation methodologies in line with Blackstone's valuation policy as well as requisite external guidance
Attend valuation committee meetings and other meetings with senior-level stakeholders and present to leaders in Finance and BXMA
Maintain subject matter expertise in structured risk transfers, structured securities, credit, and complex valuations
Drive the onboarding process for technology and offshore team members and ensure proper data collection procedures are in place
Respond to auditor inquiries and coordinate valuation reviews with third party valuation firms
Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
Work closely with BXMA Management Reporting to provide inputs as well as other portfolio investment information to aid in the completion of business forecasts and other planning deliverables
Maintain productive relationships with core constituencies including, Asset Management, Investor Relations, Operations, Accounting, and Finance teams and deal professionals
Requirements
Bachelor's Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)
3+ years of private valuation experience in transaction services, a private equity fund, hedge fund, third-party valuation services provider, or similar organization
Understanding of ASC 820 and corresponding valuation guidance.
In depth understanding of the discount cash flow model, market multiples, and option pricing
Strong interpersonal skills, high EQ, and confidently and competently handles interactions with deal professionals, Asset Management, and portfolio company representatives
Excellent verbal and written communication skills.
Confidence presenting to large groups of individuals
Works well in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a growing business
Focused on process improvement
Proficiency in MS Excel and MS PowerPoint is required
Proficiency in Python a plus
Experience with Monte Carlo simulation 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:
$110,000 - $150,000
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 .
Job Description:
The Portfolio Management - Valuations & Analytics team is looking for an Associate for the Hedge Fund Solutions (BXMA) group. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results for BXMA with a focus on private asset valuation including equity, credit, structured products, and structured risk transfers.