BAAM - New York

Compensation

: $106,240.00 - $127,920.00 /year *

Employment Type

: Full-Time

Industry

: Financial Services - Banking/Investment/Finance



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Job Description:

Position Title ?

BAAM - Finance Strategy, Associate / Assistant Vice President in Hedge Fund Solutions

Type of Business

Blackstone is one of the world?s leading investment firms. 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 asset management businesses, with $472 billion in assets under management, include investment vehicles focused on private equity, real estate, hedge fund solutions, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

Blackstone Alternative Asset Management (BAAM?), Blackstone?s Hedge Fund Solutions platform, is the world?s largest discretionary investor in hedge funds, with approximately $78 billion in assets under management.. BAAM manages a diversified set of businesses including a customized solutions business, a special situations platform, a hedge fund seeding business, an open-ended mutual fund platform and a business that purchases stakes in established hedge funds. In all of BAAM?s business lines, it carefully selects and partners with fund managers across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients? goals, a rigorous due-diligence process and access to Blackstone?s global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while preserving capital during stressed market environments.

Job Description

The Management Reporting Team is dedicated to analyzing and presenting information that assists Senior Management in executing day-to-day operations and developing a long term strategy for BAAM. This includes daily, weekly, monthly, and quarterly reporting to both BAAM and Blackstone Senior Management as well as public company reporting requirements. The information that is analyzed and reported includes among other things, revenues, AUM, investor inflows/outflows, loss carry forwards, and returns. This position will play a transformative role for the team, inclusive of outsourcing, technology solutions and re-envisioning processes for future state.?

Candidates should have 5 to 8 years of industry experience. Candidates should exhibit strong technical, analytical and leadership skills as well as exceptional communication skills. Candidates should be energetic, self-motivated, team-oriented individuals with fresh ideas and innovative solutions who thrive on challenge in a fast-paced, dynamic environment. The comparatively small size of this group offers an opportunity to liaise with various teams across the BAAM platform.

Responsibilities

  • Develop and deliver forecasting, budgeting, and financial analysis reports to drive optimization of business decision-making and planning
  • Analyze and present key financial data and relevant information to Senior Management to drive business performance and strategy
  • Coordinate the collection and analysis of key metrics across multiple internal teams and external resources
  • Implement new processes/systems creating operational efficiencies and reporting enhancements
  • Ongoing analysis and development of financial reporting for new products, industry trends and key quantifiers that that assist Senior Management in determining profitability of products and measure the growth and drivers that impact profitability
  • Conduct financial modeling and sensitivity analysis
  • Support long-term and short term management strategy and plan
  • Further develop and implement policy and procedures
  • Focus on technology and long-term productivity improvements to increase efficiency
  • Special projects
  • Qualifications

  • Strong verbal and written communication skills
  • Strong technical and analytical skills
  • Strong presentation skills
  • Ability to manage tight timelines and prioritize diverse tasks
  • Proven ability to perform under pressure and to adjust plans to meet changing needs and requirements
  • Ability to partner across teams, summarize issues, develop recommendations, and make decisions
  • Ability to be proactive and take initiative
  • Self-motivated and a self-starter
  • Energetic and enthusiastic
  • Highly proficient in Excel and Power Point
  • Experience with Anaplan and/or Tableau preferred but not required
  • MBA, C.P.A. or C.F.A. preferred but not required

  • Associated topics: analyst, analyze, business analytic, consult, forecasting, investment analytics, investment banking, monitor, regulation, strategy * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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