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Senior Associate – Asset Management

Senior Associate – Asset Management

CompanyBlackstone
LocationNew York, NY, USA
Salary$175000 – $200000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

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