2024 Blackstone Data Science Analyst

2024 Blackstone Data Science Analyst

Job Title:

2024 Analyst

Business Unit: Blackstone Data Science

Blackstone Data Science Overview:

Blackstone Data Science (“BXDS”) is the firm-wide team that uses advanced analytics and statistical methods to make us better investors and business operators. Integrated into our investing groups, we focus on data-driven questions that matter to business and can be solved through the application of data analysis, statistics, computer programming, and machine learning. We develop insights through alternative datasets and analytical methods to help fill in gaps in our understanding of specific assets and markets, as well as help source new investment and partnership opportunities.

BXDS is part of the firm’s Portfolio Operations Group. We work hand-in-hand with Blackstone’s deal teams and portfolio company management teams to drive operating efficiencies and identify new sources of value. BXDS is a team of data scientists, engineers, and strategists that analyzes complex datasets, develops predictive and analytical models, builds production-quality data flows, and advises on smarter data utilization. We sit at the intersection of quantitative and investment analysis, and focus only on projects that “move the needle.” You will have the opportunity to work directly with senior management at Blackstone as well as with top executives from our portfolio companies. If you enjoy fast-paced, stimulating quantitative work with tangible business impact, BXDS may be a good fit for you.

Program Description:

BXDS’s Analyst Program is a 3-year commitment that provides broad exposure to the Firm. The Program offers various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Job Description:

Blackstone is looking to hire a passionate data scientist to be an integral member of BXDS. This individual will play a key role in accelerating a data-driven evolution within Blackstone by using advanced analytics to evaluate live private equity and real estate deals, work with our portfolio company management teams to drive business value, and work with alternative datasets to curate novel insights.

This individual needs to be dedicated to the application of data science to drive business impact, and intellectually curious about solving real-world questions from data. A data scientist will be responsible for exploring and working with a portfolio of datasets and have the opportunity to generate novel insight from the data and communicate them to business stakeholders.

The analyst will be working with diverse sets of structured and unstructured datasets. Successful candidates are creative, strategic, self-motivated, and highly detail oriented for all steps of the data analysis process, including cleansing dirty and unstructured data, data tagging, feature engineering, and mapping. They also must be an effective communicator of technical outcomes to non-technical stakeholders, creating business-friendly outputs and visualizations.

Qualifications:

• Experience in a data-driven professional setting preferred
• Proficiency in multiple programming and querying languages, including Python and SQL
• Familiarity with big data analytical techniques and cloud technologies including Amazon Web Services (AWS)
• Foundation in statistics and mathematics
• Comfortable working with, and combining, disparate and diverse data sources
• A strong intuition for analytical methodologies and desire to solve novel technical challenges
• Excellence in balancing multiple projects and efficiently meeting goals in a fast-paced environment
• Strong written and verbal communication
• Ability to work independently as well as on a team
• No previous experience in the financial services industry is required

To be considered for the 2024 BXDS Analyst Program, applicants must meet the following criteria:

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2023 – Spring 2024
• Resume must include expected graduation month/year and GPA
• Resume must be in PDF format

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.

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:

$100,000 - $110,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to 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 class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

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).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;
• Marketing Blackstone funds to new or existing clients;
• Supervising or training securities licensed employees;
• Structuring or creating Blackstone funds/products; and
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.