Blackstone Credit & Insurance - Blackstone Corporate Bond Strategies, Junior Portfolio Manager
: Job Details :

Blackstone Credit & Insurance ( BXCI ), Systematic Investing Strategies, Junior Portfolio Manager

Employer: Blackstone

Business Unit: Blackstone Credit & Insurance

Job Title: Associate

Job Description: This candidate will manage corporate bond portfolios using a systematic investment process. The candidate will be trained to interpret model portfolio outputs and to prioritize trading activity to ensure live portfolios comply with relevant constraints and are positioned to maximize exposure to alpha generation opportunities. Working with senior portfolio managers, the candidate will generate orders and allocations. The candidate will also be expected to understand and ultimately manage rate, currency and funding risks across multiple portfolios.

Responsibilities include:

• Using portfolio management tools to manage risks, prioritize and allocate trades
• Working with trading desk to assess market conditions and to formulate execution strategies
• Performing data validations and model output reviews
• Assisting with cash management, portfolio interest rate and currency hedging
• Contributing to portfolio analysis and client content generation
• Attend investment committees and liaise with various teams within Blackstone and externally to assess market and fundamental trends

Qualifications:

• 2+ years of experience in corporate credit markets
• Prior portfolio management or trading experience
• Embrace a quantitative investment approach where trade ideas are largely model-generated
• A team player who is collaborative and works well with others
• Excellent decision-making skills and acute attention to detail
• Demonstrates a healthy respect for risk management and compliance and will adhere to the highest professional ethical standards
• Experience with Bloomberg, Excel, SQL, Python and Java
• Enthusiastic, smart, curious and eager to learn about a systematic approach to investment management
• Based in San Francisco and is expected to work market hours (5:00am start time in SF)

Expected annual base salary range: $150,000 - $175,000

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.