Blackstone Credit & Insurance(BXCI) – Investment Operations – SVP

Blackstone

New York, NY, USA
Posted on June 10, 2024

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedInTwitter, and Instagram.

Job Description

Blackstone Credit & Insurance 

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including direct lending, opportunistic, CLOs, high yield, infrastructure and asset-based 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.

Responsibilities:

The BXCI Investment Operations team is looking for a key member of the private credit operations team focused on operational oversight and management of the funds. This team liaises directly with key internal and external stakeholders in ensuring the accuracy of the fund’s IBOR with a high standard of care.

The successful candidate’s responsibilities will include:

  • Manage client expectations prior to fund launches/investments. Coordinate with clients to ensure smooth and successful new product/fund launches, including onboarding and integration with service providers
  •  Daily management of the funds to ensure internal and external SLA’s are being met. Must have experience managing a variety of fund structures (BDCs, Drawdown / Commingled Funds, Fund of One / Many, SMAs etc.) leveraging teams located across multiple regions globally. Lead the period end close process, collaborating with the Client, GFF (Global Fund Finance), Product Control, Compliance, and service providers
  • Working with Technology to develop, automate, and streamline workflows. Collaborate with clients to design and scope new reporting needs, and work closely with Technology to build the required reporting infrastructure
  • Serve as the senior escalation point for all matters within the client/fund vertical, addressing and resolving issues as they arise
  • Monitor the new product pipeline and deal pipelines, staying informed about upcoming projects and potential opportunities

Qualifications:

  • Bachelor’s/University degree or equivalent experience
  • 12+ Years Related Experience
  • Advanced understanding of private credit and agency function is preferred
  • Individuals at this level can exhibit advanced executional capabilities
  • Strong attention to detail and highly organized
  • A strong work ethic and a positive attitude
  • Results oriented, deadline driven and resourceful person who thrives in a dynamic environment
  • Independent worker / self-starter
  • Advanced Proficiency in MS Office (Excel, Word)
  • Strong Excel skills preferred
  • Proven success as a team player

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:

$165,000 – $275,000

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.

Company logo

FREE RESOURCES

Get My Best Growth Equity Interview Tips

No spam ever, unsubscribe anytime