Tactical Opportunities, FIG, Senior Associate, London

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

Tactical Opportunities

Tactical Opportunities (Tac Opps) is Blackstone's opportunistic investment platform. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. As part of the strategy, the team leverages the intellectual capital across Blackstone’s various businesses while continuously optimizing its approach in the face of ever-changing market conditions.

Job Title: Tactical Opportunities, Financial Services, Senior Associate, London

Location: London

Key Responsibilities:

• Evaluate and underwrite potential investments in the Financial Services space, from initial screening through to transaction completion
• Supervise construction of detailed financial models for operating companies and transaction returns for relevant Financial Services subsectors (across both capital-intensive and capital-light business models)
• Lead diligence process with external advisors / stakeholders as well as drafting and delivering investment memos for internal committees, with guidance.
• Support junior members of the team in developing specialist Financial Services specific commercial and financial understanding
• Monitor existing investments and interact with portfolio company management in order to support strategy development and financial / operational monitoring
• Working closely with advisors / management teams on Financial Services-related topics

Qualifications:

Our people are our most valuable asset. They are highly skilled problem solvers who believe challenges represent opportunities. Together with the firm’s entrepreneurial spirit, their unique passions and backgrounds contribute to a diverse, creative and vibrant environment.

We’re looking to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors.

• 6+ years of relevant work experience including buyside investing experience with focus on Financial Services corporate transactions
• The candidate should have strong analytical skills, ideally possessing experience evaluating and underwriting potential investments in the Financial Services space
• Deep familiarity of Financial Services specific concepts
• Ability to work independently to form views on early-stage situations based on initial information and advisor interactions
• The ideal candidate would have completed transaction experience in the banking, speciality finance and/or insurance spaces
• Strong work ethic, an entrepreneurial spirit, and a desire to learn
• Operate with the highest degree of integrity, motivation, and intellectual curiosity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, sexual orientation, national origin, or any other category protected by law.

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.

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 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• 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-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
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