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, Twitter, and Instagram.
Blackstone Real Estate
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $336 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT).
Business Description:
The Real Estate Finance & Analytics team is looking for a VP to support the Global Blackstone Real Estate Opportunistic Platform (“BREP”). The core focus of the group is to evaluate, analyze, and summarize portfolio investment valuation results for BREP. In addition to valuations, the team is responsible for performance and attribution reporting for internal and external purposes, as well as the forecasting and planning for investments across active funds. The team is also called upon to handle a variety of ad hoc and recurring analyses related to fundraising, reporting, and global investor relations.
Job Title: Real Estate Finance & Analytics, Vice President
Job Description:
The BREP Real Estate (“RE”) Finance Group performs analyses and financial reporting of RE results and strategic business initiatives.
Engage directly with various teams including, Asset Management, Portfolio Management, Deal Professionals and Global Accounting teams in preparing quarterly reporting, analyzing performance, etc.Manage the production of FP&A forecasts, facilitate senior team reviews and coordinate the submissions for the global opportunistic real estate businessDrive strategic automation projects and assist in enhancing the group’s reporting processes, procedures and analyticsReview / calculate fund level key performance metrics as well as sensitives (i.e. IRRs, track records)Coordinate consolidation of various reporting across the global platformReview / prepare presentations and memorandums for senior managementAid in the preparation of RE strategic plans and business analysisSupport Blackstone’s Corporate Finance and Investor Relations teams during the quarterly earnings process as well as on an ad hoc basis in dealing with clients and investorsInvolvement with Blackstone SEC financial reporting – preparing and reviewing deliverables for quarterly filingsPerform ad hoc analyses to assess the impact of material market events on the portfolio (e.g. regulatory changes, macro events, etc.).Manage and mentor junior staffQualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group environment, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.
The successful candidate must have:
Undergraduate degree in Finance, Accounting or EconomicsStrong academic record10+ years of related experienceExperience in close-ended real estate funds, waterfalls, valuations and performance reportingAdvanced Excel proficiency, Anaplan experience a plusExcellent interpersonal and communication skills, both written and verbal Strong leadership skills with solid business judgmentAbility to partner across teams, summarize issues, develop recommendations and make decisionsStrong analytical and quantitative skills and detail-orientedAbility to adapt to new challenges in a dynamic environment while handling multiple projectsPossesses a strong work ethic, positive attitude and drive for excellenceStrong desire to work in an entrepreneurial environment
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:
$175,000 - $225,000Actual 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 HR-Recruiting-Americas@Blackstone.com.
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.
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