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Senior Associate – Asset Management
Company | Blackstone |
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Location | New York, NY, USA |
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Salary | $175000 – $200000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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Requirements
- Bachelor’s degree in finance, business administration, economics, or a related field; advanced degrees (e.g., MBA) or professional certifications (e.g., CFA, CPA) are a plus, but not required
- Minimum of 3 years of experience in investment banking, restructuring advisory, private equity/private credit, management consulting, or a related field, with a focus on distressed assets or turnaround situations
- Demonstrated proficiency in financial modeling, valuation techniques, and scenario analysis, with a strong ability to assess complex financial structures and understand the implications of various restructuring alternatives
- Exceptional analytical and quantitative skills, with the ability to synthesize large amounts of data into actionable insights and coherent strategies
- Strong communication and interpersonal skills, capable of effectively presenting analysis and recommendations to management teams, boards of directors, and external stakeholders
- Proven track record of working collaboratively in a team environment, managing multiple projects simultaneously, and meeting tight deadlines under pressure
- Strong EQ, with an ability to navigate between internal demands and building strong working relationships with management teams
- High level of initiative and motivation, with a keen interest in the dynamics of companies and a passion for developing creative solutions to complex problems
- Familiarity with industry-specific challenges and opportunities, with the ability to quickly learn and adapt to new sectors
Responsibilities
- Preparing investment memoranda, analyses (with significant emphasis on identifying root causes of underperformance), financial forecasts, and other ad-hoc requests to support real-time decision making related to existing investments
- Restructuring of capital structures by evaluating financial models, identifying optimal financing solutions, and supporting negotiations to enhance liquidity, reduce debt burdens, and secure long-term financial stability for an organization
- Providing comprehensive support to management and the board of directors by preparing detailed analyses, strategic recommendations, and facilitating effective decision-making to drive business performance and achieve corporate objectives. This could include participating in due diligence processes for potential add-on acquisitions & divestitures as part of broader restructuring efforts
- If required, coordinating the selection and engagement of third-party consultants and service providers for value creation initiatives
- Developing and maintaining a comprehensive understanding of industry trends, competitive landscapes, and regulatory environments to inform strategic decision-making for control / significant minority equity positions
- Driving and reporting on the progress of turnaround initiatives, providing regular updates to BXCI senior management on key financial metrics, operational milestones, and risk factors
Preferred Qualifications
- Advanced degrees (e.g., MBA) or professional certifications (e.g., CFA, CPA) are a plus, but not required