Blackstone Credit & Insurance Senior Associate, Quant & Portfolio Analytics

Blackstone Credit & Insurance ("BXCI") is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Job Responsibilities:

• Work alongside the M&A and Asset Allocation teams within BXCI as a quantitative strategist, enhancing the quantitative process.
• Build analytics for insurance company asset allocation optimization, regulatory capital management and measurement, deal evaluation and pricing, and asset-liability management.
• Use a systematic and quantitative approach in order to produce robust, transparent, commercially effective tools and analyses when assessing opportunities and deals.
• Develop and use models of investment instruments across multiple asset classes.
• Build statistical and behavior models of insurance company liabilities.
• Formulate statistical approaches for Monte Carlo paths.
• Model and project the evolution of insurance company capital given assumptions of future decisions.
• Create risk management analytics to capture exposures to market, actuarial, and behavioral factors.
• Formulate risk scenarios to better estimate the impact of macroeconomic events.
• Construct portfolio optimization algorithms appropriate for the respective regulatory frameworks.
• Implement the full-cycle of quantitative model development including comprehensive documentation.
• Partner with Technology teams on efforts to automate, scale, and streamline reporting processes.
• Manage and govern models, data, and analytics on behalf of the team by using programming languages such as C++, C#, Java, Python and statistical languages such as R, and Matlab.
• Perform other duties as needed.

Qualifications:

Education:

• Bachelor's degree (or foreign equivalent) in Financial Engineering, Mathematics, Statistics, or a related field.

Experience:

• Minimum 2 years of experience in job offered or related occupations.
• Minimum 2 years of experience defining automation solutions to model trading behaviors and market trends of targeted client profiles across APAC.
• Minimum 2 years of experience coding web-scraping scripts, server proxies, and machine learning infrastructure projects to analyze risk control and aggregate time savings.
• Minimum 2 years streamlining trading flows to build a data collection platform responsive to real-time conditions in various trading scenarios.
• Minimum 2 years using Microsoft PowerPoint to develop internal and external presentation materials.
• Minimum 2 years building dashboards to monitor real-time trading volume and costs, detect error bookings, and design data visualizations.
• 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: $150,000 - $200,000. 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. 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, 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.