Real Estate - Portfolio Management (Data Analytics & Reporting), Associate/Analyst
- Full-Time
- New York, NY
- Blackstone Group
- Posted 2 years ago – Accepting applications
Job Description
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 $915 billion 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 .
Business Description: Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has $298 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, multifamily and single family housing, office, hospitality and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ strategy comprises open-ended funds that invest in substantially stabilized real estate assets globally and Blackstone Real Estate Income Trust, Inc. (BREIT), a non-listed REIT that invests in U.S. income-generating assets. Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT). Job Title: Portfolio Management (Data Analytics and Reporting), Associate / Analyst. Job Description & Responsibilities: This professional will join Blackstone Real Estate’s Portfolio Management team in New York to successfully deliver on critical portfolio management projects related to reporting, data analytics and technology re-engineering. The scope of the role includes projects across all real estate strategies (opportunistic and core+). Due to the relatively small size of the professional staff, the associate / analyst will have the opportunity to assume an integral role on the team. Specific responsibilities will include:
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:
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.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
Apply to this Job
Business Description: Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has $298 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, multifamily and single family housing, office, hospitality and retail. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ strategy comprises open-ended funds that invest in substantially stabilized real estate assets globally and Blackstone Real Estate Income Trust, Inc. (BREIT), a non-listed REIT that invests in U.S. income-generating assets. Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust (NYSE: BXMT). Job Title: Portfolio Management (Data Analytics and Reporting), Associate / Analyst. Job Description & Responsibilities: This professional will join Blackstone Real Estate’s Portfolio Management team in New York to successfully deliver on critical portfolio management projects related to reporting, data analytics and technology re-engineering. The scope of the role includes projects across all real estate strategies (opportunistic and core+). Due to the relatively small size of the professional staff, the associate / analyst will have the opportunity to assume an integral role on the team. Specific responsibilities will include:
- Working with large data sets to deliver timely and accurate reporting materials to support and facilitate oversight of the global real estate portfolio
- Coordinating and executing on quarterly, monthly and ad-hoc tasks and workstreams; developing and maintaining project timelines and management updates
- Interacting with internal stakeholders to coordinate and synthesize data and analytics from across the real estate portfolio
- Automating and streamlining processes, identifying opportunities for process improvements as well as documenting business requirements for reporting
- Executing data migration, reconciling, and validating migrated data and reports
- Training and working directly with offshore teams
- Acting as a liaison between the portfolio management, technology, and finance teams participating in and contributing to shared projects
- Acting as a system superuser helping others to leverage systems more effectively and establishing best practice system processes
- 1+ years of professional relevant experience in tech augmentation, business analysis, project management and/or portfolio reporting; real estate experience is preferred
- The ability to effectively work as an individual contributor and possess strong analytical, problem solving, critical thinking and decision-making skills.
- The ability to multitask and deliver under tight deadlines; the candidate is a self-starter that thrives on complexity and solution finding
- Strong Microsoft Office skills (Excel, PowerPoint and Word) and working proficiency in advanced data analytics tools (VBA, DAX/PowerQuery or Python) is required
- Working experience with the following is preferred:
- Portfolio reporting systems (iLevel or Voyanta)
- Property management systems (Argus Enterprise, Yardi)
- Debt management systems (Chatham Financial)
- Business modeling tools and data visualization and BI tools (Anaplan, Tableau, Power BI)
- The candidate is expected to have experience building and working with large data validation files (Pivots, V-Lookups) as well as some experience of building macros
- A demonstrated ability to write and communicate effectively and summarize large amounts of information succinctly and quickly
- A desire to work in an international team environment, often under pressure and with multiple stakeholders
- Superior attention to detail, resourcefulness and ability to work autonomously
- The highest degree of integrity, motivation, and intellectual curiosity
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.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.