Blackstone Credit & Insurance(BXCI) Risk Analytics - Associate

About this role

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com . Follow @blackstone on  LinkedIn ,  X (Twitter) , and  Instagram .  Blackstone Credit & Insurance Solutions – Quant, Data, Risk (QDR) Group

Business Unit: Blackstone Credit & Insurance

Business Unit Overview:          Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors, with investments spanning private investment grade, asset‑based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending, and opportunistic credit. BXCI also provides investment management services to insurance companies, helping them deliver for policyholders through world‑class private credit capabilities.

Job Title: Associate

Job Description:       Blackstone is seeking an Associate, Risk Analytics to help develop, enhance, and operate the firm’s investment analytics production across insurance, and public and private credit portfolios. The role combines quantitative analytics, portfolio surveillance, and investment risk monitoring in a fast‑paced, regulated environment.

The successful candidate will partner closely with investment teams, clients, risk committees, technology, data engineering, and senior leadership to deliver accurate, timely, and decision‑ready risk insights across public credit, private credit, structured products, and multi‑asset portfolios.

Responsibilities: Risk Analytics & Framework Development • Build, enhance, and maintain risk analytics for insurance, public credit, and private credit portfolios, including exposure analysis, factor sensitivities, stress testing, and scenario analysis. • Oversee the production of high‑quality asset cash flow projections across multiple scenarios, balancing portfolio management assumptions with realistic downside outcomes. • Integrate third‑party analytics platforms (Intex, Cardo, FactSet, Aladdin, Bloomberg) into internal risk models and reporting frameworks. • Ensure accuracy, consistency, timeliness, and governance of reference data, models, and security‑level analytics across the risk platform.

Stakeholder Partnership • Partner with portfolio managers, deal teams, traders, and clients to deliver actionable risk insights supporting portfolio construction, hedging, and underwriting. • Collaborate with quant, technology, and data engineering teams to implement scalable workflows, data lineage, access controls, and analytical tools. • Train and manage offshore teams to extend analytics coverage and institutional knowledge across time zones. • Work closely with performance reporting teams to align attribution frameworks with portfolio risk profiles and investment style.

Client Engagement & Communication • Communicate complex quantitative concepts clearly to both technical and non‑technical audiences. • Engage directly with clients to understand risk objectives, deliver tailored analysis, and respond to risk‑related inquiries.

Qualifications: Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have: • Bachelor’s degree in Finance, Economics, STEM, or a related field; advanced degree preferred. CFA, FRM, CAIA a plus. • 4+ years of experience in investment risk, portfolio analytics, or quantitative finance, with exposure to both public and private credit.  Insurance a plus. • Deep understanding of corporate credit, structured credit, loans, real estate, and securitized products. • Demonstrated ownership of risk analytics platforms, data workflows, and cross‑asset risk frameworks. • Familiarity with regulatory, audit, and governance expectations for institutional investors. • Strong proficiency with Intex, FactSet, Aladdin, PolyPaths, Bloomberg, or similar platforms. • Strong SQL skills; Python proficiency preferred. • Experience with BI and reporting tools (e.g., Sigma) and data catalog or lineage platforms.

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:

$120,000 - $150,000 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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 o

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