Blackstone
Blackstone Credit & Insurance– Liquid Credit Strategies, Trader
Blackstone, New York, New York, us, 10261
Overview
Blackstone is the world’s largest alternative asset manager. Blackstone Credit & Insurance (BXCI) is a leading credit investor providing capital to strengthen and grow businesses across private and public markets. This role sits within the Liquidity Credit Strategies trading desk. Job Title
Associate Job Description
This position will work with High Yield (HY) and Investment Grade (IG) portfolio managers and the broader trading desk to execute in the primary and secondary markets, understand portfolio needs, and generate investment ideas. While the primary focus is HY and IG trading, there will be an expectation to trade treasuries, municipal bonds, and CDS. Other responsibilities include: Communicating market and trading color to broader investment discussions with portfolio managers, research analysts and other traders Tracking spreads and other market data for portfolio managers and research analysts Identifying relationships across markets and potential trades that arise from those relationships Building upon relationships with existing Wall Street sales / trading / syndicate desks Backing up other traders across loans, high yield, municipals, private placements, and distressed credit Qualifications
Blackstone seeks to hire individuals who work well in a team-driven environment, are highly motivated, intelligent, have sound judgment and demonstrated excellence. The successful candidate should meet the following qualifications: Undergraduate degree 2+ years of trading experience in credit trading Existing sales and trading relationships are preferred Proficiency in trading platforms: Bloomberg, MarketAxess, TradeWeb and TruMid Ability to manage multiple tasks on the trading desk Strong communication and interpersonal skills to manage internal and external relationships Strong sense of teamwork, ethics and professional accountability The duties and responsibilities described here are not exhaustive and may be changed at any time, with or without notice, by Blackstone in its sole discretion. Compensation & Benefits
Expected annual base salary range: $125,000 - $160,000. Actual base salary within that range will be determined by experience, skills, qualifications and job location. For roles outside the US, salary bands follow local market practices. Additional compensation and benefits include health benefits, paid time off, life insurance, 401(k) plan, discretionary bonuses, and potential equity at Blackstone’s discretion. Equal Opportunity
Blackstone is committed to providing equal employment opportunities to all employees and applicants 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, 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 laws. This policy applies to all terms and conditions of employment. Accommodation
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).
#J-18808-Ljbffr
Blackstone is the world’s largest alternative asset manager. Blackstone Credit & Insurance (BXCI) is a leading credit investor providing capital to strengthen and grow businesses across private and public markets. This role sits within the Liquidity Credit Strategies trading desk. Job Title
Associate Job Description
This position will work with High Yield (HY) and Investment Grade (IG) portfolio managers and the broader trading desk to execute in the primary and secondary markets, understand portfolio needs, and generate investment ideas. While the primary focus is HY and IG trading, there will be an expectation to trade treasuries, municipal bonds, and CDS. Other responsibilities include: Communicating market and trading color to broader investment discussions with portfolio managers, research analysts and other traders Tracking spreads and other market data for portfolio managers and research analysts Identifying relationships across markets and potential trades that arise from those relationships Building upon relationships with existing Wall Street sales / trading / syndicate desks Backing up other traders across loans, high yield, municipals, private placements, and distressed credit Qualifications
Blackstone seeks to hire individuals who work well in a team-driven environment, are highly motivated, intelligent, have sound judgment and demonstrated excellence. The successful candidate should meet the following qualifications: Undergraduate degree 2+ years of trading experience in credit trading Existing sales and trading relationships are preferred Proficiency in trading platforms: Bloomberg, MarketAxess, TradeWeb and TruMid Ability to manage multiple tasks on the trading desk Strong communication and interpersonal skills to manage internal and external relationships Strong sense of teamwork, ethics and professional accountability The duties and responsibilities described here are not exhaustive and may be changed at any time, with or without notice, by Blackstone in its sole discretion. Compensation & Benefits
Expected annual base salary range: $125,000 - $160,000. Actual base salary within that range will be determined by experience, skills, qualifications and job location. For roles outside the US, salary bands follow local market practices. Additional compensation and benefits include health benefits, paid time off, life insurance, 401(k) plan, discretionary bonuses, and potential equity at Blackstone’s discretion. Equal Opportunity
Blackstone is committed to providing equal employment opportunities to all employees and applicants 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, 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 laws. This policy applies to all terms and conditions of employment. Accommodation
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).
#J-18808-Ljbffr