Global Fund Finance - Assistant Vice President - Credit

Blackstone • NJ

112d • $125,000 - $200,000

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 (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic 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.

Requirements

• BS (or above) in Accounting or Finance
• 6+ years of public accounting, fund, or administrator experience, preferably Big 4 and private asset management
• CPA and/or CFA preferred
• Experience with credit products (loans, CLOs, bonds, revolvers, delayed draws) is preferred
• Possesses a strong work ethic, professional integrity, a positive attitude and genuine passion for excellence
• Skill to partner across teams, summarize issues, and develop recommendations or make decisions
• Excellent interpersonal and communication skills, both written and verbal
• Excellent attention to detail/accuracy and analytical skills
• Works well in a dynamic, fast‐paced environment and handle multiple projects
• Strong time management and multi-tasking skills
• Advanced Excel skills required

Responsibilities

• Oversee the monthly/quarterly portfolio reconciliation process for our separately managed accounts; investigate and resolve discrepancies with internal teams
• Approve/prepare recurring investor capital calls, prepare and reconcile the calculation and payment of management fees
• Manage the Audited Financial Statement process with our external administrator and auditor for our reinsurance mandates
• Prepare and review expense allocations, operating expense budgets, vendor expense payments, and monitor budgeted versus actual expenses
• Prepare and analyze portfolio and performance metrics such as total return/IRR, P&L, and other analyses for senior management
• Assist in responding to client and internal requests including Blackstone reporting deliverables
• Coordinate with internal/external Technology resources to automate recurring deliverables and optimize efficiencies
• Ensure information is properly presented in regulatory filings such as Form ADV
• Liaise with various internal teams including Investor Relations, Operations, Management Reporting, and Legal and Compliance
• Collaborate with and oversee offshore resources to ensure accurate and timely preparation of files and provide additional training when needed
• Review fund/deal documents/structures and assist in the setup of new products, managed accounts, and/or funds

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

• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees