Real Estate Finance & Analytics, AVP

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Job Title: Real Estate Finance & Analytics, AVP

The Real Estate Finance & Analytics team is looking for an AVP to support the Global Blackstone Real Estate Opportunistic Platform (“BREP”). The core focus of the group is to evaluate, analyze, and summarize portfolio investment valuation results for BREP. In addition to valuations, the team is responsible for performance and attribution reporting for internal and external purposes, as well as the forecasting and planning for +350 investments. The team is also called upon to handle a variety of ad hoc and recurring analyses related to fundraising, reporting, and global investor relations.

Valuations

• Assist in day-to-day management of the team including, but not limited to, deliverable tracking, valuation model reviews, presentation to senior leaders, and completion of ad-hoc deliverables
• Manage the creation and development of presentation materials to effectively communicate results within RE and wider Blackstone
• Assist in the presentation of valuation results to various internal committees, external auditors, and limited partners
• Work closely with RE Portfolio Management and Asset Management to provide inputs as well as other portfolio investment information to aid in the completion of planning deliverables
• Maintain relationships with core constituencies including, deal professionals, Institutional Client Services, Portfolio Management, Accounting, and Operations
• Drive enhancements and improvements to the group’s valuations and reporting processes, procedures, offshore resources, and use of technology
• Assist in the on-going training and development of analysts and associates
• This is designed to be a role involving mentorship with trajectory toward greater managerial responsibilities based on performance

Internal and External Reporting

• Partner with Institutional Client Services and Portfolio Management to support the creation of quarterly and ad-hoc investor reporting
• Collaborate with Corporate Finance in conjunction with SEC quarterly filings and ad-hoc deliverable for Senior Management

Qualifications:

• Bachelor’s Degree in Finance, Economics, Accounting, or similar discipline (CFA and/or CPA a plus)
• 7+ years of experience in valuations, transaction services, a private equity fund, consulting, or other relevant analytical roles
• Proven ability to work in a dynamic environment that requires execution of recurring deliverables as well as projects and initiatives in support of a rapidly growing business
• Thorough understanding of ASC 820 and corresponding valuation guidance. Familiarity with a wide range of valuation approaches (e.g. Income, Market, Yield Analysis, etc.).
• Strong interpersonal skills, high EQ, and the ability to confidently and competently handle interactions with deal professionals, Asset Management, and portfolio company representatives
• A self-motivated individual with strong work ethic and attention to detail
• Excellent oral and written communication skills. Confidence presenting to large groups of senior leaders (e.g. Firmwide Valuation Committee, Board of Directors)
• Proficiency in MS Excel and MS PowerPoint is required
• Proficiency in iLevel a plus
• Experience managing a team of at least 3 individuals a plus

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.

Expected annual base salary range:

$125,000 - $185,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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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