Blackstone Credit & Insurance – BDC Due Diligence, Vice President

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

Blackstone Credit – BDC Due Diligence, Vice President

Business Unit: Blackstone Credit & Insurance

Business Description:

Blackstone Credit & Insurance is one of the world’s largest alternative credit managers, with $319 billion of AUM as of December 31, 2023. BXCI combines our corporate credit, asset-based finance (ABF) and, insurance businesses to form an expansive, fully integrated credit platform. The team invests and operates around the globe with professionals in North America, Europe and the Asia-Pacific region, and is focused on delivering attractive risk-adjusted returns for our clients.

Job Title: Vice President

Job Description and Responsibilities:

Blackstone Credit & Insurance (BXCI) is seeking a motivated Vice President level professional to join our office in Miami, with some time spent training in New York initially. This professional will be involved with due diligence efforts for current and prospective investors. The role provides an opportunity to help drive growth in our private credit business and collaborate closely with key groups of the firm, including BXCI’s private credit investment team, BXCI’s Office of the CIO, and Blackstone’s Private Wealth Solutions business.

This professional will work primarily with the BDC Stakeholder Relations team based in New York.  The BDC Stakeholder Relations team is a part of BXCI’s private credit team and works to support the growth of our BDC platform. BXCI’s BDC platform consists of Blackstone Private Credit Fund (BCRED), a continuously offered non-traded BDC and Blackstone Secured Lending Fund (BXSL), a publicly traded BDC.

Key responsibilities include, but are not limited to:

• Investor Due Diligence: Drafting written responses to investor queries, due diligence questionnaires, and RFPs to support active capital raising and ongoing investor updates
• Project Management: Effectively executing project timelines and managing multiple processes at the same time from beginning to end
• Team Player: Contributing to positive team culture and collaborating across various internal groups
• Product Knowledge: Becoming proficient in offerings across BXCI’s platform
• Marketing Materials: Working with product specialists to maintain presentation materials and other communications

Qualifications:

Blackstone seeks to hire individuals who are highly motivated and intelligent and have demonstrated excellence in prior endeavors. The successful candidate should have:

• 5+ years of professional work experience
• Prior work experience in finance, accounting, investor relations, or consulting is preferred
• Proficiency in Word, Excel, and PowerPoint with the ability to write effectively and produce visually appealing presentations
• Excellent time management and communication skills given the BXCI team is based in New York
• Strong attention to detail
• Highly motivated (a self-starter) with a strong work ethic
• Undergraduate degree
• strong analytical and qualitative skills

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:

$125,000 - $175,000

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.

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.