Blackstone Multi-Asset Investing (BXMA)-Quant Algorithm Trader, Vice President at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Asset Management, Quantitative FinanceIndustries

Requirements

6+ years of experience in a sell or buy-side program trading execution role
Single-stock execution experience is preferred
Geographic experience: global markets (developed + emerging)
General code experience required with Python or C# experience preferred
Excellence in balancing multiple projects and efficiently meet goals in a dynamic environment
Ability to work independently as well as on a team
Highly motivated, intelligent and have demonstrated excellence in prior endeavors
Self-driven, adaptable to work on multiple projects simultaneously
Excellent communication skills

Responsibilities

Equity and futures product transaction cost modeling and analysis
Execution optimization and implementation
Collaboration with portfolio management, operations, and compliance teams
Execution via high- and low-touch program trading

Skills

Key technologies and capabilities for this role

Quantitative AnalysisAlgorithmic TradingTransaction Cost ModelingExecution OptimizationProgram TradingPortfolio ConstructionEquity TradingFutures TradingRisk Management

Questions & Answers

Common questions about this position

What is the expected base salary range for this Quant Algorithm Trader role?

The expected annual base salary range is $200,000 - $225,000, with actual salary determined by experience, skills, qualifications, and job location.

Is this Quant Algorithm Trader position remote or does it require office work?

This information is not specified in the job description.

What skills and experience are required for the Quant Algorithm Trader position?

Candidates need 6+ years in sell or buy-side program trading execution, preferably with single-stock execution, global markets experience (developed + emerging), and general coding experience with Python or C# preferred.

What is the work environment like at Blackstone's BXMA Quant team?

The team works across investment strategies on quantitative analysis like portfolio construction, collaborates with portfolio management, operations, and compliance, and requires balancing multiple projects in a dynamic environment.

What makes a strong candidate for this Vice President Quant Algorithm Trader role?

Ideal candidates are highly motivated, intelligent, self-driven, adaptable to multiple projects, with excellent communication skills, ability to work independently and in a team, and demonstrated excellence in prior roles.

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters

1985Year Founded

$18,081.8MTotal Funding

UNKNOWNCompany Stage

Financial Services, Real Estate, EducationIndustries

5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.

Potential regulatory scrutiny due to significant investments in diverse sectors.

Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.

The firm specializes in private equity, real estate, and credit investments.

Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.

The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.

Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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