2027 Blackstone Credit and Insurance, Infrastructure and Asset Based Credit Summer Analyst

Job Title

2027 BXCI, Infrastructure & Asset Based Finance Summer Analyst

Business Unit Overview

Blackstone Credit & Insurance

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Program Description

Blackstone's Summer Analyst Program is a 10-week in-person experience, offering participants extensive exposure across the firm. This program provides Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, networking opportunities with professionals across the firm, and the unique chance to fully immerse themselves in Blackstone's culture.

Primary responsibilities will include:

Asset Based Finance

Participating in all aspects of the investment process from origination to deal closing, with a focus on Structured Credit across a wide variety of key sectors including digital infrastructure, consumer & commercial finance, and fund financeMeeting with potential borrowers and their teams, industry/strategy research, quantitative or financial analysis, and drafting investment memoranda for internal and external use

Working with the team to perform due diligence on prospective investments

Modeling and evaluating various types of deal structures

Assisting with the structuring and negotiating of deal term sheets

Reviewing credit agreements and other loan documentation

Thinking creatively about ways to improve the team’s existing processes

ABF Residential

The ABF Residential team manages residential credit investments across the capital structure and across a variety of product types (single family rental, non-QM, residential transition loans, etc.). The team specializes in private, complex transactions and scalable partnerships, leveraging a broad range of structures to achieve attractive returns for a variety of strategies. Due to the team’s relatively small size, analysts play an integral role across the investment process. Primary responsibilities include:

Conducting due diligence on prospective credit investments, with a focus on residential credit investments, including originator/borrower meetings, industry research, financial modeling, and investment material preparation

Assisting in the underwriting, onboarding, and monitoring of residential mortgage originators

Structuring and executing capital markets transactions and RMBS securitizations

Collaborating with the investment team to underwrite opportunities, leveraging Blackstone’s various teams and resources as needed

Drafting and presenting materials for investment committees

Monitoring existing investments, including tracking KPIs and continuously challenging the validity of the investment thesis

Thinking creatively about ways to improve the team’s existing processes

Analyzing and modeling new strategic initiatives and business development opportunities

Qualifications

Blackstone seeks individuals who work well in a team-driven working group, are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, a successful candidate will meet the following qualifications:

A desire to work in a team environment and prioritize tasks

Strong financial modeling skills, with past experience modeling and evaluating transactions

Excellent technical proficiency in Excel/VBA. Experience in programming languages a plus

Prior experience preparing presentation materials using PowerPoint

Strong communication skills, both written and verbal

Excellent attention to detail and good professional judgment

Intellectual curiosity and strong work ethic

To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria:

Currently enrolled as an undergraduate student

Anticipated graduation date: Fall 2027 – Spring 2028

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 position.