Business Unit Overview:
Blackstone Multi-Asset Investing (BXMA) manages $101 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
Job Title: BXMA, PAR Analyst
Job Description:
The role will involve strengthening and executing the fund valuation process while enhancing the analytical components of the pricing and reconciliation function. Responsibilities include performing data reconciliation and coordinating with a third-party accounting aggregator service to ensure accuracy and efficiency. The position also focuses on developing a deeper understanding of industry best practices and contributing to the establishment of a strong internal control environment. In addition, the role will support the expansion of responsibilities within the BXMA Performance Analytics Team.
Primary responsibilities will include:
Reviewing fund pricing for monthly NAV generation
Data reconciliation across multiple systems and the information provided by administrators
Analyzing data variances, summarize and communicate to relevant teams for operational control and data quality management
Daily interaction and coordination with operations and non-U.S. teams throughout the fund valuations, reconciliation process, data analysis and governance of the funds
Maintaining pricing and manager exposure data as part of data aggregation service
Assisting in quality assurance efforts and performing user acceptance testing of new system functionality
Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound professional judgment, and have demonstrated excellence in prior endeavors. In addition to strong analytical and time management skills, the successful candidate must meet the following qualifications:
2+ years of professional experience (buy-side or sell-side) in a product group, investment banking role, structuring group, strategy role, business support function or marketing/IR role.
Experience in a finance-related industry and should exhibit strong technical and analytical skills
Proven skill to analyze, interpret, and synthesize complex data to support strategic decision-making.
Demonstrated talent to manage ad hoc projects independently with minimal oversight.
Exceptional attention to detail and strong verbal, written, and interpersonal communication skills, with the skill to convey information clearly and concisely.
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:
$110,000 - $125,000
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 roleconsist 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.