Blackstone Multi Asset Investing (BXMA)- Quantitative Research, Principal

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.
 

Business Unit: BXMA

Business Unit Overview:

Blackstone Multi Asset Investing (BXMA) manages approximately $83 billion across a diversified array of businesses, including a customized portfolio solutions platform, a special situations platform, an open-ended mutual fund platform, and an emerging manager seeding platform. BXMA invests across a variety of strategies, asset classes, and capital structures to create solutions for its clients.  Through its focus on client objectives, rigorous due-diligence process, and access to Blackstone’s global insights, BXMA strives to generate attractive risk-adjusted returns through market cycles while mitigating downside risk during periods of volatility.

Job Title: BXMA- Quantitative Research, Principal  

Job Description:              

Blackstone Multi Asset Investing’s (BXMA) Quantitative Research team is responsible for generating performance, attribution, optimization and risk analytics across BXMA’s businesses and researching, designing, and implementing systematic investment strategies that leverage BXMA’s proprietary data. 

Key responsibilities for this role include: 

• Data Infrastructure: Ongoing development and maintenance of internal data solutions with a focus on highly scalable and computationally efficient data and analytical infrastructure.

• Portfolio Analytics:  Develop, execute, and analyze ongoing and bespoke performance and portfolio analytics across attribution, portfolio construction, portfolio optimization and risk modeling.

• Quantitative Research: conduct signal research using advanced statistical and machine learning techniques utilizing conventional and alternative data sources, including proprietary BXMA and Blackstone data.

• Collaboration across other BXMA groups, including Investment teams, Operations, Treasury and Legal, is critical.                       

Qualifications: 

• 7+ years of experience in quantitative research capacity

• Graduate degree in quantitative discipline

• Hands on knowledge and experience applying advanced statistical and machine learning techniques

• Advanced programming skills in Python (knowledge in C++ is a plus) and extensive experience working with macro and asset class specific market data

• Deep knowledge of common risk frameworks, risk models, portfolio optimization techniques, alpha signal construction, and portfolio simulation techniques

• Equity related quantitative research experiences are strongly preferred, especially those related to factor based alpha and risk modeling

• Experience sourcing, cleaning, managing, and analyzing large data sets.

• Strong interpersonal and concise communication skills

• Strong work ethic and ability to multitask     

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:

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 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.

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.