2027 Blackstone Credit and Insurance, Liquid Credit Strategies Corporate Bond Strategies Summer Analyst (San Francisco)

Job Title: 2027 Blackstone Credit & Insurance – Corporate Bond Strategies Junior Portfolio Manager Summer Analyst

Business Unit: Blackstone Credit and Insurance

Blackstone Credit & Insurance

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

This candidate will work with senior-level portfolio managers using a systematic investment process. The candidate will be trained to interpret model portfolio outputs and prioritize trading activity to ensure live portfolios comply with relevant constraints and are positioned to maximize exposure to alpha generation opportunities. The candidate will also be expected to manage interest rate, currency, and funding risks across multiple portfolios.

Responsibilities include:

Using portfolio management tools to monitor portfolios and risks

Working with trading desk to assess market conditions and to formulate execution strategies

Performing data validations and model output reviews

Assisting with cash management, portfolio interest rate, and currency hedging

Contributing to portfolio analysis and client content generation

Attend investment committees and liaise with various teams within Blackstone and externally to assess market and fundamental trends

This position will be based in San Francisco and is expected to work market hours (which begin at 5:00am PST).

Qualifications:                       

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition, the successful candidate must meet the following qualifications:

Embraces a quantitative investment approach where trade ideas are largely model generated

A team player who is collaborative and works well with others

Excellent decision-making skills and acute attention to detail

Demonstrates a healthy respect for risk management and compliance and adheres to the highest professional ethical standards

Experience with Bloomberg, Excel, SQL, and Python

Highly motivated, smart, curious, and interested in learning about a systematic approach to investment management

To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria:

Currently enrolled as an undergraduate student

Anticipated graduation date: Fall 2027 – Spring 2028

Resume must include expected graduation month/year and GPA

Resume must be in PDF format

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level position.

San Francisco Applicants: Blackstone will consider for employment qualified applicants with arrest and conviction records, consistent with the San Francisco Fair Chance Ordinance.