BXMA - Institutional Client Solutions (ICS), Associate

Blackstone • New York, NY

3d • $145,000 - $160,000

About The Position

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 Unit: Blackstone Multi-Asset Investing (BXMA) manages $96 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets. Job Title: BXMA- Institutional Client Solutions (ICS), Associate Job Description: We are looking for a driven, detail-oriented, and passionate person to join our Institutional Client Solutions team. The Associate will support Institutional Client Solutions for the BXMA business with a primary focus on the clients in our Total Portfolio Management business (“TPM”). BXMA’s TPM business manages total portfolios on behalf of select clients (families and institutions). The portfolios are customized to client-specific objectives and aimed to outperform traditional portfolios by embracing a long-term time horizon, flexible asset allocation, and robust portfolio construction. The Associate will have significant interface with senior members of the TPM team and other groups within the firm and will be part of the front-line team interfacing with our TPM clients. Furthermore, the associate will:

Requirements

• Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors.
• The successful candidate should have 3+ years of prior work experience and must have an undergraduate degree and a strong academic track record.
• Strong communication skills
• Effective writing skills
• Strong PowerPoint skills
• Be a collaborative team player and also work independently
• Excellent attention to detail
• Good judgment
• Experience working in a dynamic environment

Nice To Haves

• Prior internship or work experience at a financial services firm is preferred.
• Prior experience working with clients directly or working on client related presentations is a strong preference.

Responsibilities

• Coordinate responses to client inquiries and prep for performance update calls
• Oversee ongoing client contact to make sure regular touchpoints are happening and relationships stay strong
• Work closely with our Product Management team to create high quality materials to update clients on their experience with BXMA and refresh these materials periodically
• Serve as the secondary on strategic accounts on day 1 and attend client meetings alongside Global Head of Total Portfolio Management
• Contribute to a growing business line within BXMA by working across functional areas to establish and drive execution on client related initiatives
• Support late-stage prospect activity, including materials, meeting prep and management, and tracking
• Serve as an ICS liaison to the broader TPM team serving as the point person to distribute key updates and content to the global ICS team
• Produce best-in-class content with a focus on both thought leadership and driving commercial outcomes for specific products and client situations
• Assess client risk and determine appropriate next steps to ensure best-in-class client engagement
• Complete due diligence requests, create investor profiles and related prep materials
• Help improve internal processes and the overall client experience through project management and strategic support

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level