What are the responsibilities and job description for the Senior Associate, Performance Measurement & Attribution position at Brio Real Estate, a Blackstone Portfolio Company?
Brio Real Estate is a Blackstone Real Estate portfolio company focused on real estate credit. Brio supports Blackstone’s Real Estate Debt Strategies (“BREDS”) investments across the globe. The company provides support across key functions, including corporate, transaction, and management services. The critical infrastructure and capabilities Brio provides for BREDS allows for effective support in the management of its global portfolio.
Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.
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
Education:
Brio Real Estate is an equal opportunity employer. In 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 talent@revantage.com
Today, BREDS has more than $76 billion of investor capital across high yield / opportunistic real estate credit funds, a publicly traded Mortgage REIT, and liquid securities strategies. BREDS is part of Blackstone Real Estate, the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector.
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.
- 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.
- 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.
- Enhance attribution models and reporting processes through automation and advanced analytics tools.
- Collaborate with technology teams to implement system upgrades and improve workflow efficiency.
Education:
- Bachelor’s degree in Finance, Economics, Mathematics, or related field (Master’s or CFA designation preferred).
- 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).
- 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.
- 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.
Brio Real Estate is an equal opportunity employer. In 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 talent@revantage.com