Real Estate – BREDS (Portfolio Management), Associate

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, Twitter, and Instagram.
 

Title:  Real Estate – BREDS (Portfolio Management), Associate

Business Unit: Real Estate

Business Description:

Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $325 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).

Job Description:

Blackstone’s Real Estate Debt Business (BREDS) provides creative and comprehensive financing solutions across the capital structure and risk spectrum by originating loans and investing in debt securities underpinned by high-quality real estate. The BREDS portfolio management team is seeking an Associate who will play a pivotal role in driving portfolio management and reporting projects. This is an exciting opportunity to work across all BREDS strategies, contributing to impactful initiatives that shape our business.

Responsibilities will include:

• Deliver Impactful Reporting: Creating and delivering timely, accurate reporting materials that empower Portfolio Management to effectively oversee the BREDS portfolio
• Collaborate and Innovate: Engaging with internal stakeholders to gather, coordinate, and synthesize data and analytics, driving automation and streamlining data sourcing processes
• Project Coordination: Coordinating project tasks and streams, developing and maintaining project timelines, and providing management updates that keep our initiatives on track
• Document and Define: Capturing and documenting business requirements for reporting and process changes, ensuring clarity and alignment across teams
• Drive Efficiency: Identifying and implementing opportunities for process improvements, enhancing the efficiency and effectiveness of our operations
• Connecting the dots: Serving as a vital link between portfolio management, investment, technology, and finance teams, contributing to collaborative projects that drive success
• Empower Others: Help colleagues leverage systems more effectively, establishing best practices that enhance our operational capabilities

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors. Candidate should be a team-oriented individual who thrives on challenge in a dynamic environment.    The successful candidate should have:

• STEM degree preferred, but not required
• Strong communication skills
• A desire to work in a team environment
• The ability to make informed decisions and provide valuable insights
• Demonstrated interest in financial markets
• Basic knowledge of accounting, finance and real estate are desirable
• Experience with VBA, SQL or any programming language 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:

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.

Salary : $120,000 - $160,000