Senior Associate, Performance Measurement & Attribution

In 2025 Blackstone established Brio Real Estate (Brio) as a portfolio company focused on real estate credit. Brio is a specialized global commercial real estate asset services platform that manages and supports Blackstones Real Estate Debt Strategies business (BREDS) across the globe. Today BREDS has more than $76 billion in investor capital across high yield / opportunistic real estate credit funds a publicly traded Mortgage REIT CMBS securities and insurance capital. Brio is a sophisticated real estate credit solutions provider that enhances value for investors and supports BREDS across key functions including asset management transactions capital markets surveillance portfolio management and legal & compliance. Brio provides critical infrastructure and capabilities for BREDS to allow for effective investments and management of its global portfolio.

Blackstone is the worlds largest alternative asset manager with more than $1 trillion in assets under management. Blackstones scale with roughly 12700 real estate assets and over 240 portfolio companies enables them to invest in dynamic sectors positioned for long-term growth. The firm seeks to deliver compelling returns for institutional and individual investors by building strong businesses that deliver lasting value. Blackstones global investment strategies focus on real estate private equity infrastructure life sciences growth equity credit secondaries and hedge funds.

Job Summary

We are seeking a highly analytical and detail-oriented Senior Associate Performance Measurement & Attribution. The successful candidate will be responsible for measuring reporting and interpreting the drivers of portfolio returns with a focus on fixed income investments backed by real estate assets.

This role requires strong quantitative skills deep understanding of fixed income instruments and the ability to translate complex data into actionable insights for portfolio managers risk teams and senior leadership.

Essential Job Functions

Performance Measurement & Attribution

- Calculate and analyze portfolio returns using industry-standard attribution methodologies (e.g. Brinson duration-based spread analysis).

- Identify and quantify sources of performance including yield curve positioning credit spread changes sector allocation and security selection.

Data Management & Reporting

- Maintain and validate performance data from internal and external sources.

- Prepare monthly quarterly and ad-hoc performance attribution reports for internal stakeholders and clients.

- Ensure data quality and integrity.

Portfolio Insights & Communication

- Partner with portfolio management team to interpret attribution results and inform investment decisions.

- Provide clear concise explanations of performance drivers to both technical and non-technical audiences.

Process Improvement & Automation

- Enhance attribution models and reporting processes through automation and advanced analytics tools.

- Collaborate with technology teams to implement system upgrades and improve workflow efficiency.

Qualifications

Education:

- Bachelors degree in Finance Economics Mathematics or related field (Masters or CFA designation preferred).

Experience:

- 3 to 5 years of experience in performance attribution preferably within fixed income or real estate investment portfolios.

- Strong understanding of fixed income specifically real estate loans and securities (CMBS RMBS CMLs).

Skills:

- Proficiency in performance attribution software (e.g. FactSet Bloomberg PORT Barra Yield Book).

- Advanced Excel skills; experience with Python R or SQL a plus.

- Strong analytical and problem-solving abilities with attention to detail.

- Excellent communication skills for presenting complex data to diverse audiences.

Key Competencies

- Analytical rigor and quantitative mindset.

- Ability to work under tight deadlines while maintaining accuracy.

- Collaborative approach with cross-functional teams.

- Continuous improvement mindset with a focus on innovation in analytics.

EEO Statement

Brio Real Estate is an equal opportunity accordance with applicable law we prohibit discrimination against any applicant employee or other covered person based on any legally recognized basis including but not limited to: veteran status uniformed servicemember status race color caste immigration status religion religious creed (including religious dress and grooming practices) sex gender gender expression gender identity marital status sexual orientation pregnancy (including childbirth lactation or related medical conditions) age national origin or ancestry citizenship physical or mental disability genetic information (including testing and characteristics) protected leave status domestic violence victim status or any other consideration protected by federal state or local law. We are committed to providing reasonable accommodations if you need an accommodation to complete the application process please email