Junior Portfolio Manager

2 weeks ago


San Francisco, California, United States The Blackstone Group L.P. Full time
Blackstone Credit & Insurance ("BXCI"), Systematic Investing Strategies, Junior Portfolio Manager

Employer: Blackstone

Business Unit: Blackstone Credit & Insurance

Job Title: Associate

Job Overview: The selected candidate will oversee corporate bond portfolios utilizing a systematic investment methodology. Training will be provided to interpret model portfolio outputs and prioritize trading activities to ensure that active portfolios adhere to relevant constraints while maximizing alpha generation opportunities. Collaborating with senior portfolio managers, the candidate will be responsible for generating orders and allocations. Additionally, the candidate will be expected to comprehend and ultimately manage risks related to rates, currencies, and funding across various portfolios.

Key Responsibilities:

  • Employing portfolio management tools to assess risks, prioritize, and allocate trades
  • Collaborating with the trading desk to evaluate market conditions and develop execution strategies
  • Conducting data validations and reviewing model outputs
  • Assisting with cash management, as well as interest rate and currency hedging for portfolios
  • Contributing to portfolio analysis and generating client-related content
  • Participating in investment committees and coordinating with diverse teams within Blackstone and externally to analyze market and fundamental trends

Qualifications:

  • Minimum of 2 years of experience in corporate credit markets
  • Previous experience in portfolio management or trading
  • A strong inclination towards a quantitative investment approach with model-generated trade ideas
  • A collaborative team player who works effectively with others
  • Exceptional decision-making abilities and meticulous attention to detail
  • A strong commitment to risk management and compliance, adhering to the highest professional ethical standards
  • Proficiency in Bloomberg, Excel, SQL, Python, and Java
  • A motivated, intelligent, and curious individual eager to learn about systematic investment management
  • Based in San Francisco and expected to work market hours

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

Blackstone is dedicated 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.



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