Blackstone Real Estate Debt Strategies (BREDS) Investment Fund Modeling and Valuations, AVP | Black Stone

February 20, 2024

Job Description

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 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 LinkedInTwitter, and Instagram.
 

Job Title: Blackstone Real Estate Debt Strategies (BREDS) Investment Fund Modeling and Valuations, AVP

Job Description:

The Finance and Reporting Team provides financial planning, reporting, and analysis on behalf of the BREDS investment vehicles.

  • Maintain fund models supporting investment level return expectations to facilitate long-term financial projections for investors, senior management deliverables, and Blackstone Corporate reporting.
  • Coordinate the quarterly valuation process and preparation of materials. Calculate mark-to-market estimates and projected fund returns pursuant to firm policies for real estate debt and other credit instruments.
  • Execute valuation control framework, including communication with auditors and third-party providers, and independent valuation verification according to firm policies and procedures.
  • Drive the preparation of periodic analytics and scenario analysis (e.g., impacts of loan maturities and capital markets activity) to add strategic insight into business performance and future results.
  • Assist in the preparation of management materials for Blackstone’s earnings release preparation and other marketing-related schedules and exhibits.
  • Mentor and oversee the work product of junior professionals.
  • Interface with stakeholders across the firm including, but not limited to, the BREDS Investment and Asset Management teams, Investor Relations, and Fund Accounting.

Qualifications:

  • Undergraduate degree in Finance or Accounting
  • 6+ years of experience
  • Strong Excel/modeling skills required; experience with valuation or forecasting required
  • Excellent interpersonal and communication skills, both written and verbal
  • Experience in the financial services and/or real estate industries is preferred

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:

$125,000 – $185,000

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. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

  • Attending client meetings where you are discussing Blackstone products and/or and client questions;

  • Marketing Blackstone funds to new or existing clients;

  • Supervising or training securities licensed employees;

  • Structuring or creating Blackstone funds/products; and

  • Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

Location