Legal & Compliance - Conflicts Clearance, AVP

Blackstone • San Francisco, CA

4d

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 . The successful candidate for this position will assist in the firm’s conflicts clearance process and its restricted and/or watch lists and will play a significant role in the implementation and oversight of the firm’s information walls. The successful candidate will have strong analytical skills and judgment that will enable them to identify and address or escalate a wide variety of issues. The candidate must also possess substantial initiative and motivation that will allow them to assist with and adapt to an upgrade of the firm’s systems around conflicts clearance. In addition, this position will require working on other compliance-related initiatives such as the implementation of the firm’s market soundings policy and trade surveillance.

Requirements

• Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.
• Bachelor’s degree or equivalent
• 5+ years of work experience at a major financial services firm in the control room and/or conflicts management group, or in a relevant legal and compliance role required
• Experience responding to regulatory inquiries, including but not limited to FINRA and the SEC
• Strong analytical and issue-spotting skills
• Communicates confidently and effectively
• Works well independently but is still a strong team player
• Substantial initiative, creativity, and drive
• Attention to detail

Responsibilities

• Evaluating potential transactions to determine what names, if any, should be placed on the firm’s restricted and/or watch lists
• Communicating with other legal and compliance groups and deal teams to determine when companies should be added to or removed from the firm’s watch and/or restricted lists (e.g. MNPI/inside information assessment)
• Identifying potential transactional conflicts and escalating accordingly to the appropriate legal and business contacts
• Draft and coordinate firmwide responses to regulatory examinations
• Analyzing the firm’s touchpoints with companies to determine the existence of potential conflicts of interest
• Formulating recommendations for addressing potential conflicts of interest
• Documenting analysis for clearing conflicts
• Obtaining deal updates from the investment teams
• Evaluating and managing wall-crossing requests
• Reviewing trade pre-clearances from public side businesses
• Assisting with personal trading pre-clearances as needed
• Enhancing the firm’s systems for documenting conflicts checks and the restricted and/or watch lists

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