Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, AVP

Blackstone • New York, NY

44d • $135,000 - $200,000

About The Position

The BREDS Operations team is responsible for executing new investment and capital markets transactions across the BREDS business, as well as overseeing daily portfolio activities and cash flows. This position is ideal for candidates with strong technical, organizational, and communication skills who are looking to make an impact in a dynamic and high-performing environment.

Assist with the operations of BREDS AUM and related transactions, including the firm’s publicly listed REIT, BXMT, private fund structures, single managed accounts, and insurance vehicles. Act as the primary finance and operations point person for BXMT and select private funds, partnering with investment professionals, asset management, portfolio management, internal and external counsel, and BREDS Finance teams to execute investment transactions and financing strategies. Support ongoing strategic initiatives and projects to scale finance infrastructure and facilitate the continued growth of the BREDS business. Supervise and support the BREDS dedicated portfolio company servicing and onboarding team, as well as the offshore operations team, and provide training to junior members as needed. Coordinate investment funding activities with the BREDS Asset Management team, including treasury, debt financing, and foreign currency considerations. Manage the operations of credit facilities across multiple BREDS vehicles, including processing future funding advances, repayments, compliance reporting, covenant monitoring, and fee calculations. Liaise with BREDS asset managers and the servicing and onboarding team through various loan lifecycle events, including modifications, extensions, workouts, and repayments. Review monthly and quarterly investment portfolio analytics and prepare reporting and insights for senior management. Ensure ongoing operational processes function effectively pursuant to standard operating procedures, including technology stack and broader reporting processes.

Requirements

• Bachelor’s degree in Finance, Accounting, or a similar discipline (CFA and/or CPA designation is a plus).
• 6+ years of relevant experience in transaction services, private equity funds, consulting, public accounting, or other relevant real estate debt roles.
• Experience working in a dynamic environment requiring the execution of transactions as well as cross-functional projects and strategic initiatives in support of a rapidly growing business.
• Self-motivated with a strong work ethic and exceptional attention to detail.
• Excellent oral and written communication skills with the ability to communicate complex topics clearly to clients and investment professionals.
• Strong technology skills with a proactive and innovative mindset.
• Proficiency in Microsoft Excel.

Nice To Haves

• CFA and/or CPA designation is a plus

Responsibilities

• Assist with the operations of BREDS AUM and related transactions, including the firm’s publicly listed REIT, BXMT, private fund structures, single managed accounts, and insurance vehicles.
• Act as the primary finance and operations point person for BXMT and select private funds, partnering with investment professionals, asset management, portfolio management, internal and external counsel, and BREDS Finance teams to execute investment transactions and financing strategies.
• Support ongoing strategic initiatives and projects to scale finance infrastructure and facilitate the continued growth of the BREDS business.
• Supervise and support the BREDS dedicated portfolio company servicing and onboarding team, as well as the offshore operations team, and provide training to junior members as needed.
• Coordinate investment funding activities with the BREDS Asset Management team, including treasury, debt financing, and foreign currency considerations.
• Manage the operations of credit facilities across multiple BREDS vehicles, including processing future funding advances, repayments, compliance reporting, covenant monitoring, and fee calculations.
• Liaise with BREDS asset managers and the servicing and onboarding team through various loan lifecycle events, including modifications, extensions, workouts, and repayments.
• Review monthly and quarterly investment portfolio analytics and prepare reporting and insights for senior management.
• Ensure ongoing operational processes function effectively pursuant to standard operating procedures, including technology stack and broader reporting processes.

Benefits

• Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• Paid time off
• Life insurance
• 401(k) plan
• Discretionary bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level