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

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

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.

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.

Key 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.

Qualifications:

• 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

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:

$150,000 - $250,000

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.