Blackstone Real Estate Debt Strategies (BREDS) Valuations and Investment Modeling, VP at Blackstone | NY, US | Rezi

Blackstone Real Estate Debt Strategies (BREDS) Valuations and Investment Modeling, VP at Blackstone

Blackstone Real Estate Debt Strategies (BREDS) Valuations and Investment Modeling, VP

Blackstone · NY, US

2 weeks ago

Blackstone Real Estate Debt Strategies (BREDS) Valuations and Investment Modeling, VP

Blackstone · NY, US

16 days ago
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About the Role

The BREDS Valuations team is responsible for coordinating the valuations process for Blackstone’s Real Estate Credit business, including overseeing the calculations behind investment fair values and driving the preparation of presentation materials to senior management.

Responsibilities

  • Calculate mark-to-market estimates and projected fund returns pursuant to firm policies for real estate debt and other credit instruments.
  • Execute valuation control framework, including communication with auditors and third-party providers, and independent valuation verification according to firm policies and procedures.
  • Maintain fund models supporting investment level return expectations to facilitate long-term financial projections for investors, senior management deliverables, and Blackstone Corporate reporting.
  • Drive the preparation of periodic analytics and scenario analysis (e.g., impacts of loan maturities and capital markets activity) to add strategic insight into business performance and future results.
  • Assist in the preparation of management materials for Blackstone’s earnings release preparation and other marketing-related schedules and exhibits.
  • Coach and oversee the work product of junior professionals.
  • Interface with stakeholders across the firm including, but not limited to, the BREDS Investment and Asset Management teams, Investor Relations, and Fund Accounting.

Requirements

  • Bachelor’s degree in Finance, Accounting or related field
  • 8+ years of valuation experience at a public accounting firm, third party valuation provider, or investment bank/asset manager
  • Advanced Excel / modeling skills required
  • Excellent interpersonal and communication skills, both written and verbal
  • Experience in the financial services and/or real estate industries is preferred
  • Progress towards a finance-related professional qualification (i.e. CFA, CPA) preferred

Skills

  • Advanced Excel / modeling skills
  • Interpersonal and communication skills
  • Written communication skills
  • Verbal communication skills

Experience Level

  • 8+ years of valuation experience

Education Level

  • Bachelor’s degree in Finance, Accounting or related field

Salary/Compensations

  • $150,000 - $250,000

Benefits

  • Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
  • Paid time off
  • Life insurance
  • 401(k) plan
  • Discretionary bonuses
  • Equity and other incentive compensation (potential)

About the Company

  • 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.
  • Blackstone Real Estate Debt Strategies (“BREDS”) is the largest alternative asset manager of real estate credit with $78 billion of investor capital under management.
  • Serving institutional, insurance, and individual investors, BREDS originates loans and makes debt investments across global private and public real estate credit markets and across the capital structure and risk spectrum.
  • BREDS also manages Blackstone Mortgage Trust (NYSE: BXMT), a publicly-traded commercial mortgage REIT, and is a fully integrated part of the Blackstone Real Estate platform, the largest owner of commercial real estate globally.

Equal Opportunity

  • 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.