Job Description: Blackstone Blackstone is one of the world's leading investment firms. 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 asset management businesses, with $512 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone.
Real Estate Blackstone is a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has approximately $140 billion in investor capital under management. Blackstone's real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America. Blackstone real estate also operates one of the leading real estate finance platforms, including management of the publicly traded Blackstone Mortgage Trust.
Blackstone Real Estate Debt Strategies (BREDS) Associate
Assist with the operations of the $20 billion BREDS loan portfolio, including the firm's sponsored private drawdown funds and publicly-listed REIT, Blackstone Mortgage Trust (NYSE: BXMT)
Partner with investment professionals and others in BREDS Finance to execute new investment closings and financing transactions
Liaise with external loan servicers and BREDS asset managers to validate monthly interest income calculations, funding/paydown activity and net cash remittances
Validate monthly credit/leverage facility waterfall calculations to ensure correct split of principal and income cashflows between BREDS and financing providers
Coordinate additional investment funding activity with the BREDS asset management team, including any related treasury, debt financing or FX cash considerations
Prepare monthly and quarterly investment portfolio income/expense flux analysis for senior management
Review the investments and related debt financings data input by the BREDS offshore operations team in the firm's proprietary portfolio management software
BS (or above) in Accounting or Finance is required
4-7 years of experience
Strong written, verbal communication, and Microsoft Excel skills required
Experience in fixed income investments is required
Experience in the real estate or asset-management industry is preferred
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law. If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
The Blackstone Group and its affiliates provide equal employment opportunity to all qualified employees and applicants for employment regardless of 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 classification prohibited by applicable law.
To submit your application please complete the form below. Fields marked with a red asterisk * are required in order to enter into a possible employment contract (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.
Internal Number: 6084355
About Blackstone US
eFinancialCareers is a career site specializing in financial services.