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Blackstone’s Portfolio Management – Valuations and Analytics team is looking for an Associate to support the Credit & Insurance group. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results for Blackstone Credit & Insurance. 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.
Responsibilities:
- Building and maintaining valuation models by working with the investment teams and finance teams while coordinating with third-party independent valuation specialists
- Supporting the BXCI monthly and quarterly valuation process by creating deliverables, including portfolio company dashboards, portfolio summaries, liquidity analyses, etc.
- Adhering to best practices in development of valuation methodologies, including compliance with ASC 820 Fair Value guidance
- Performing analysis to incorporate all relevant information into the valuation process, including analysis of the transaction structure, the modeling and methodology adopted, available market data and/or any proxies considered appropriate, applicable reserves/valuation adjustments and any relevant regulatory, risk or accounting considerations
- Analysis and formal communication of key valuation results, issues and risks to the Valuation Committee on a monthly basis
- Assisting with LP and stakeholder reporting by maintaining company performance metrics and valuation analytics on a centralized platform
- Supporting the year-end audit valuation testing by responding to audit inquiries relating to valuation models and related documentation
- Performing special projects and ad-hoc analyses determined by the needs of senior management
Qualifications:
- 3+ years of valuation experience at a public accounting firm, third-party valuation provider, or investment bank/asset manager
- Bachelor’s degree in a related field
- Progress towards or completion of finance-related professional qualification (i.e., CFA, CPA) preferred
- Knowledge of private investment valuation
- Knowledge of financial instrument valuation and risks measurement in a complex product area
- A highly motivated individual with a strong work ethic and a positive attitude
- Excellent interpersonal/communication skills (written and verbal)
- Strong analytical and problem-solving skills, and proficient in Excel and PowerPoint
- Strong attention to detail
- Highly organized
- Strong ability to work in a dynamic environment
- Strong ability to prioritize deliverables and meet deadlines
Source: Blackstone Career Page
