2023 Blackstone Finance Leadership Development Program Summer Analyst (Miami)

Company: myGwork
Location: Miami
Posted on: January 26, 2023

Job Description:

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 $951 billion 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 Finance Leadership Development Program Summer Analyst Location: Miami
Job Title: 2023 Summer Analyst
Employer: Blackstone
Business Unit: Corporate Finance
Program Description:
Blackstone's Finance Leadership Development Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analysts various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.
Job Description:
The Finance Leadership Development Program seeks to offer a challenging experience within Blackstone's Finance group to those who are interested in careers in corporate finance and accounting. Our program is designed to develop talent as well as identify top candidates for Blackstone's full-time Finance Analyst Program, where analysts are placed directly into a two-year corporate finance program.
The program offers a hands-on experience across corporate and business finance groups, through which Summer Analysts will have direct exposure to senior-level management, engaging mentors, development opportunities and targeted training. Our training program aims to sharpen technical, analytical and communication skills, as well as contribute to the success of each analyst in their various assignments, including analysis, reconciliation and reporting, and an end-of-internship presentation.
Opportunities and Responsibilities:
Summer Analysts will be placed in one group within Finance for the duration of the program. There are a variety of projects and responsibilities available, including, but not limited to:
Corporate Financial Planning & Analysis: Forecasting and reporting of detailed firm P&L and capital metrics financials to senior management on a weekly or bi-weekly basis. Preparing firm financial results for Blackstone's quarterly earnings call and earnings release; compiling preparation materials for Blackstone's CFO ahead of the quarterly earnings call.
Institutional Client Relations & Reporting: responsible for the preparation and presentation of all marketing and fundraising materials related to each respective business' funds. The role entails close collaboration with internal teams as well as current / prospective investors to field any client requests and provide updates on performance, finance, and investment strategy.
Blackstone Credit ("BXC") Valuations: Assist in the BXC Valuation process for the BXC managed funds by building and maintaining valuation models, working with the investment teams and coordinating with 3rd party independent valuation specialists. Analyze and formally communicate key valuation results, issues and risks to the Valuation Committee on a monthly basis. Perform special projects and ad-hoc analyses determined by the needs of Senior Management.
Blackstone Private Equity Valuations: Maintaining, preparing, and analyzing valuation models across Blackstone's portfolio companies. Providing individual deal and total fund performance analysis and deliverables for the use of various constituents, including senior management, deal analysts, limited partners and internal/external auditors.
Blackstone Real Estate Valuations: Perform critical analyses and valuation reporting for Blackstone's opportunistic real estate funds. Coordinating across regional finance teams, asset management and portfolio management teams to prepare quarterly valuation materials for senior management and the various valuation meetings. Aggregate and provide final valuation metrics to fund accounting and investor reporting teams for the purpose of producing financial statements and limited partners' capital accountant statements
Blackstone Strategic Partners, Financial Planning and Analysis: Performing analyses and financial reporting of results to senior management. Analyzing, forecasting and reporting on AUM, revenue, expenses, performance tracking and other operating metrics.
Treasury Operations: Perform analyses on Blackstone's liquid investment portfolio and track investment performance including returns, risks, and holdings. Assist with forecasting short term cash needs and assist with FX leveling.
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.
The successful candidate must possess:
Strong academic record
Proficiency in Microsoft Excel and PowerPoint
Strong quantitative skills
Self-starter, highly organized, and detail-oriented
Ability to be a collaborative team player
Ability to adapt to new challenges in a dynamic and fast paced environment while handling multiple projects
Possesses a strong work ethic, personal and professional integrity, a positive attitude, and genuine passion for excellence
Strong interpersonal and communication skills, both written and verbal
To be considered for the 2023 Summer Analyst Program, applicants must meet the following criteria:
Currently enrolled as an undergraduate student
Actively pursuing a bachelor's degree in Finance, Economics or Accounting
Anticipated graduation date: Fall 2023 - Spring 2024
Resume must include expected graduation month/year and GPA
Resume must be in PDF format
If you do not meet these criteria, please see Blackstone's Careers website for other opportunities that may be available, including other entry level positions.

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:
$90,000 - $90,000 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.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).
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.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.

This employer is a corporate member of
myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals,
students, inclusive employers & anyone who believes in workplace equality.

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