Blackstone Credit & Insurance(BXCI) - Treasury & Liquidity Management - Assistant Vice President

Blackstone • New York, NY

1d

About The Position

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 $1.1 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 LinkedIn, X, and Instagram. Blackstone Credit & Insurance Treasury Team manages cash and portfolio financing for BDCs, Drawdown Funds and Structured Products Funds investing in privately Originated Debt, Bank Loans, Corporate Bonds, Structured Credit and High Yield Debt.

Requirements

• Familiarity with credit facilities and borrowing base calculations for asset-based and subscription financing lines, and experience managing operational aspects of the credit facilities
• Experience leading activities including new system implementations, enhancements, modifications, integrations, and project management
• Product knowledge in fixed income, bank debt, and private credit
• Previous experience using Treasury Management System and SWIFT payment processing and reporting
• Previous experience using Geneva or other accounting systems
• Previous work experience with an alternative asset management company focused on credit investments
• Proficient with Microsoft Office Suite, including Advanced Excel, Word and PowerPoint skills
• Quickly learns new systems and processes
• Demonstrable skills enhancing processes and driving improvements
• Effectively multitasks in a dynamic environment with multiple priorities
• Effectively builds and maintains strong working relationships across various business groups; effective in forming coalitions and networks

Responsibilities

• Coordinate with Deal Coordination Team/Investor Client Services/Global Fund Finance on funding mechanics– using cash on hand, leverage facility (ABL or subscription line), capital call, and line of credit
• Daily management of cash and liquidity activities for the various entities, including credit facility draws, repayments, and interest/waterfall payments
• Forecast cash flow, borrowing needs, and available funds for investments
• Develop and prepare liquidity analysis tools
• Ensure timely execution of wire payments, adhering to strict cut-off times
• Review cash movement activity, including wire instructions and agent notices
• Partner closely with BXCI deal team, fund finance team, and capital formations team on Treasury needs globally
• Manage resources in our Center of Excellence (CoE) in India and provide hands-on support to Treasury team
• Oversee margin reconciliations and resolution of breaks; work with counterparties and internal partners to resolve disputes and reconciliations
• Provide middle and back-office support for deal funding and trade settlements
• Manage and update internal/external standard settlement instructions as required
• Coordinate account opening and KYC refreshes with our banking partners
• Assist with new business initiatives and any special projects that may arise

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
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 251-500 employees