Blackstone Credit & Insurance Blackstone Credit & Insurance ("BXCI") is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.
Job Description:Blackstone has a deep commitment to Sustainability and is seeking to recruit a Sustainability Associate for its BXCI business. The position is located in New York.
Job Description & Responsibilities:The Sustainability Associate will be an integral member of the Blackstone Credit & Insurance (BXCI) Value Creation and Sustainability Team and will help drive sustainability initiatives across BXCI. The Associate will interface with senior members of BXCI and other areas of the firm. This individual will lead efforts around sustainability data, analysis, presentation, and reporting. Assisting in the monitoring of sustainability risk across portfolios including transaction due diligence research and broader industry trends. The Sustainability Associate will report to BXCI's Global Head of Value Creation and Sustainability in the Office of the CIO.
Responsibilities will include:
- Providing sustainability research support to the BXCI investment teams who are integrating sustainability-related risk evaluation as part of the investment process
- Support marketing and reporting templates and business requirements for external facing sustainability reporting deliverables, including Article 8 reporting
- Working collaboratively to create and maintain sustainability presentation materials, investor reporting, and other communications for key stakeholders
- Collaborate with colleagues in institutional client solutions and the Global Sustainability team to provide solutions for investor requests for sustainability data, reporting and responses to due diligence questions
- Prepare and conduct engagement with BXCI portfolio companies on material sustainability topics such as decarbonization
- Liaise with external sustainability vendors on various workstreams
- Coordinate with the BXCI Value Creation and Asset Management teams on focus sponsors and borrowers
Qualifications:Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. The ideal candidate should have:
- 2+ years of work experience in Banking, Research, Consulting, Finance, or Sustainability; credit experience is a plus
- Significant interest in the sustainability space; relevant work experience and/or academic degree a plus
- Superior verbal and written communication skills
- Strong analytical and quantitative skills
- Proficiency with Microsoft PowerPoint and Excel
- Highly organized and detail-oriented
- Robust work ethic and positive attitude
- Desire to work in a team environment
- Demonstrated experience managing projects independently and to completion
- Excellence demonstrated in prior endeavors
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:$120,000 - $150,000
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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.
