2023 Blackstone Finance Leadership Development Program Summer Analyst
Blackstone Finance Leadership Development Program Summer Analyst
Job Title: 2023 Summer Analyst
Employer: Blackstone
Business Unit: Corporate Finance
Program Description:
Blackstone's Finance Leadership Development Program is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analysts various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.
Job Description:
The Finance Leadership Development Program seeks to offer a challenging experience within Blackstone’s Finance group to those who are interested in careers in corporate finance and accounting. Our program is designed to develop talent as well as identify top candidates for Blackstone’s full-time Finance Analyst Program, where analysts are placed directly into a two-year corporate finance program.
The program offers a hands-on experience across corporate and business finance groups, through which Summer Analysts will have direct exposure to senior-level management, engaging mentors, development opportunities and targeted training. Our training program aims to sharpen technical, analytical and communication skills, as well as contribute to the success of each analyst in their various assignments, including analysis, reconciliation and reporting, and an end-of-internship presentation.
Opportunities and Responsibilities:
Summer Analysts will be placed in one group within Finance for the duration of the program. There are a variety of projects and responsibilities available, including, but not limited to:
- Corporate Financial Planning & Analysis: Forecasting and reporting of detailed firm P&L and capital metrics financials to senior management on a weekly or bi-weekly basis. Preparing firm financial results for Blackstone’s quarterly earnings call and earnings release; compiling preparation materials for Blackstone’s CFO ahead of the quarterly earnings call.
- Institutional Client Relations & Reporting: responsible for the preparation and presentation of all marketing and fundraising materials related to each respective business’ funds. The role entails close collaboration with internal teams as well as current / prospective investors to field any client requests and provide updates on performance, finance, and investment strategy.
- Blackstone Credit (“BXC”) Valuations: Assist in the BXC Valuation process for the BXC managed funds by building and maintaining valuation models, working with the investment teams and coordinating with 3rd party independent valuation specialists. Analyze and formally communicate key valuation results, issues and risks to the Valuation Committee on a monthly basis. Perform special projects and ad-hoc analyses determined by the needs of Senior Management.
- Blackstone Private Equity Valuations: Maintaining, preparing, and analyzing valuation models across Blackstone’s portfolio companies. Providing individual deal and total fund performance analysis and deliverables for the use of various constituents, including senior management, deal analysts, limited partners and internal/external auditors.
- Blackstone Real Estate Valuations: Perform critical analyses and valuation reporting for Blackstone’s opportunistic real estate funds. Coordinating across regional finance teams, asset management and portfolio management teams to prepare quarterly valuation materials for senior management and the various valuation meetings. Aggregate and provide final valuation metrics to fund accounting and investor reporting teams for the purpose of producing financial statements and limited partners’ capital accountant statements
- Blackstone Strategic Partners, Financial Planning and Analysis: Performing analyses and financial reporting of results to senior management. Analyzing, forecasting and reporting on AUM, revenue, expenses, performance tracking and other operating metrics.
- Treasury Operations: Perform analyses on Blackstone's liquid investment portfolio and track investment performance including returns, risks, and holdings. Assist with forecasting short term cash needs and assist with FX leveling.
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.
The successful candidate must possess:
- Strong academic record
- Proficiency in Microsoft Excel and PowerPoint
- Strong quantitative skills
- Self-starter, highly organized, and detail-oriented
- Ability to be a collaborative team player
- Ability to adapt to new challenges in a dynamic and fast paced environment while handling multiple projects
- Possesses a strong work ethic, personal and professional integrity, a positive attitude, and genuine passion for excellence
- Strong interpersonal and communication skills, both written and verbal
To be considered for the 2023 Summer Analyst Program, applicants must meet the following criteria:
- Currently enrolled as an undergraduate student
- Actively pursuing a bachelor’s degree in Finance, Economics or Accounting
- Anticipated graduation date: Fall 2023 – Spring 2024
- 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 positions.