Blackstone Technology & Innovations – Associate en Blackstone

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 $1.1 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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram.

Business Group: Blackstone Technology & Innovations
 

Business Group Overview:

Blackstone Technology & Innovations (BXTi) is the technology team at the core of each of Blackstone’s businesses and new growth initiatives. Serving both internal and external clients, we work to build the next generation of systems that manage risk, create efficiency and improve transparency within the firm and across our broad community of investors and portfolio companies.   
   
BXTi is nimble and entrepreneurial – our open, iterative design processes and rapid pace of development mean that everyone on the team has the opportunity to make an impact from day one. We are problem solvers who can take projects from idea to implementation. We believe in active mentoring and developing excellence. We collaborate to find the best answers for our customers and for Blackstone. We are critical to the firm maintaining its competitive edge. 

Job Title: Blackstone Technology & Innovations – Associate

Job Responsibilities:

• Identify and lead the onboarding of structured & unstructured data sets to inform portfolio construction models, including, but not limited to counterparty key performance indicators and historical revenues, hedge fund holdings and historical returns, and company environmental, diversity, and governance metrics.
• Leverage data focused programing languages, such as Python and SQL to transform raw data into actionable information for Blackstone’s asset management and operations teams.
• Build complex visualizations in Tableau and other business intelligence platforms to provide interpreted, curated results to management teams.
• Engage with business stakeholders regularly to understand their processes and pain points for effective strategic planning, managing expectations, and setting deadlines for projects within purview.
• Build scalable and future-proof frameworks and leverage expertise to creatively solve problems both from the technology and business perspectives.
• Possess deep knowledge of hedge funds and alternative asset managers across multiple investment strategies and sectors, including but not limited to equity, quantitative strategies, equities, credit instruments, and macroeconomic factors.
• Understand direct trading investments across multiple sectors and enhance expertise in monitoring existing positions, themes, and exposures in the portfolios.
• Apply an understanding of complex fund structures and the fund-of-fund model, including fee levels, liquidity, and look-through performance analysis, to enhance data-driven decision-making.
• Lead multiple projects, including delegating tasks to junior colleagues within team, as well as collaborating effectively with colleagues across other technology teams.  Collaboration tools used include Git, JIRA, Confluence, AWS SageMaker.
• Solve data availability problems by working with application development teams to create APIs to be leveraged by the Data Analytics team downstream.
• Conduct cross-training sessions with colleagues to ensure domain knowledge transfer and reduce key-person risk; conduct Python, SQL, and other technology-related training with business users.
• Heavily involved in recruiting for new team members (both for campus recruiting as well as off-cycle hires).
• Perform other duties as needed.

Qualifications:

Education:

• Bachelor’s degree (or foreign equivalent) in Computer Science, Mathematics, Applied Statistics, or a related field required.

Experience:

• Minimum 2 years of experience in job offered or related occupations required.
• Minimum 2 years of experience in the alternative asset financial technology industry.
• Minimum 2 years of experience with data analytics, data engineering and ETL, and business intelligence tools.
• Minimum 2 years of experience building data pipelines for large financial data sets.
• Minimum 2 years of experience managing multiple long-term technology projects in an Agile environment.
• Minimum 2 years of experience in and deep knowledge of hedge funds and alternative asset managers across multiple investment strategies and sectors, including but not limited to equity, quantitative strategies, equities, credit instruments, and macroeconomic factors.
• Minimum 2 years of experience understanding of direct trading investments across multiple sectors, including but not limited to quantitative strategies, equities, credit instruments, and macroeconomic factors.
• Minimum 2 years of experience in monitoring existing positions, themes, and exposures in the portfolios.
• Minimum 2 years of experience understanding of complex fund structures and the fund-of-fund model, including fee levels, liquidity, and look-through performance analysis.
• Experience can be concurrent.

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:

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 email Human Resources at [email protected].

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.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.