About this opportunity
CFA Institute lists this Private Equity Valuations & Analytics, AVP opportunity in miami, Florida. Review the employer’s description below for duties, qualifications and application requirements.
Job description
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 Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Job Title:
Valuations & Analytics, AVP
Job Description
Blackstone's Portfolio Management - Valuations and Analytics team is looking for an AVP to support Blackstone's Private Equity Strategies. The core focus of the group is to prepare, evaluate, analyze, and summarize portfolio investment valuation results. In addition to valuations, the team is called upon to handle a variety of ad hoc and recurring analyses related to portfolio monitoring and reporting.
Assist in day-to-day management of the team including, but not limited to, deliverable tracking, model development, valuation model reviews, presentation to senior leaders, and completion of ad-hoc deliverables
Lead the completion of valuation models in line with Blackstone's valuation policy as well as requisite external guidance
Drive the onboarding process for new portfolio investments and ensure proper data collection procedures are in place
Manage the annual audit as well as interim reviews with third party valuation firms
Lead enhancements and improvements to the group's valuations and reporting processes, procedures, offshore resources, and use of technology
Manage the creation and development of presentation materials to effectively communicate results within the Infrastructure group and wider Blackstone
Lead presentation of valuation results to various internal committees, external auditors, and limited partners
Assist in the on-going training and development of analysts and associates
Work closely with the Management Reporting team to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
Maintain relationships with core constituencies including, deal professionals, Fund COO/CAO, Institutional Client Services, Operating Team, Accounting, Operations and Finance teams
This is designed to be a role involving mentorship with trajectory toward greater managerial responsibilities based on performance
Qualifications
Bachelor's Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)
6+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
Experience working in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a rapidly growing business
Thorough understanding of ASC 820 and corresponding valuation guidance. Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, OPM, Contingent Claims, PWERM etc.)
Strong interpersonal skills, high EQ, and the ability to confidently and competently handle interactions with deal professionals, Asset Management, and portfolio company representatives
A self-motivated individual with strong work ethic and attention to detail
Excellent oral and written communication skills. Confidence presenting to large groups of senior leaders (e.g. Firmwide Valuation Committee, Board of Directors)
Proficiency in MS Excel and MS PowerPoint is required
Experience managing a team a plus
Proficiency in iLevel, 73 Strings, or a similar platform is a plus
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:
$135,000 - $200,000
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.
Benefits and Compensation
comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
paid time off
life insurance
401(k) plan
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 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 contact Human Resources at (US), +44 (0) (EMEA) or (APAC).
Security Licenses and Adherence
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-based basis. Please speak with your Blackstone Recruiting contact with any questions.
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Worksite address
miami, FL, 33222, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.