Internal Audit - Associate

Blackstone • New York, NY

22h

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. Position Title Blackstone Internal Audit (BXIA) Associate – New York Job Description Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm’s governance, risk management, and internal control processes. We are seeking a highly motivated professional to join our Internal Audit team. The Internal Audit Associate will be involved in the core activities undertaken by BXIA, including audit planning and execution, annual risk assessments, SOX assurance, advisory activities, and contributing to department wide strategic initiatives. The role will offer exposure to key areas, including investment and asset management, risk management, operations, finance, and compliance, and offers the opportunity to further develop technical audit skills, enhance business acumen, and gain exposure to the Firm’s global operations.

Requirements

• Experience: 2+ years of experience in internal audit, risk management, compliance, or a related role within financial services or another highly regulated industry.
• Education: Undergraduate or graduate degree in accounting, finance, business, economics, or a related field.
• Risk and Controls Knowledge: Working knowledge of risk and internal control frameworks and control concepts (e.g., COSO, SOX), including process‑level controls, governance practices, and public company ICFR expectations.
• Subject Matter Interest: Strong interest in internal audit, risk management, and control evaluation within the financial services or alternative asset management industry.
• Risk and Regulatory Awareness: Understanding of key global financial services regulations and how regulatory and industry developments impact business and operational risk.
• Audit Execution: Experience performing audit procedures, including walkthroughs, testing of design and operating effectiveness, documentation of results, identification of issues, and evaluation of root causes.
• Analytical Thinker: Strong problem‑solving and critical‑thinking abilities.
• Collaborative: Work effectively as part of a team and contribute to shared objectives.
• Strong Communicator: Excellent written and verbal communication skills, combined with strong interpersonal skills and presenting complex issues to executive management in clear, straightforward terms.
• Organized: Manage multiple tasks, prioritize effectively, and meet deadlines.
• Technologically Proficient: Working knowledge of Microsoft Office Suite
• Integrity‑Driven: Demonstrated professional integrity and objectivity, remaining free from undue influence and a commitment to transparent communication.
• Intellectual Curiosity: Intellectual curiosity and staying current on developments in risk, global markets, the firm’s business, and internal audit practices.

Nice To Haves

• familiarity with data analytics, visualization tools, generative AI, and/or audit or GRC platforms is a plus.
• Certifications (Preferred): CPA, CIA, CFE, or other relevant industry certifications preferred.

Responsibilities

• Perform risk‑based audits and reviews of key operational processes and controls across Blackstone’s global businesses, products, regions, and enterprise functions.
• Identify and evaluate key operational controls, including performing testing for design and operating effectiveness, documenting results, identifying findings as applicable, and developing corrective actions or operational enhancement opportunities that mitigate risk, drive efficiency, and add value.
• Develop and maintain effective working relationships across the firm, communicate control improvement opportunities, and maintain an understanding of key firm‑wide initiatives and strategic priorities.
• Assist in the annual risk assessment process and contribute to the development of the annual audit plan by providing input and perspective on current business, industry, and regulatory risk factors.
• Support in the development and management of the global internal audit risk assessment framework, including the ongoing management of risk registers and control libraries
• Stay current on evolving industry trends, regulatory developments, and external events that may impact the firm’s risk profile.
• Participate in firm‑sponsored and industry events to enhance professional skills and deepen understanding of the alternative asset management industry.

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