Blackstone Private Wealth – Investor Services, Associate

Blackstone • New York, NY

61d • $125,000 - $150,000

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 Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.

Requirements

• Bachelor’s Degree
• 3+ years of financial industry experience
• Strong technical and analytical skills
• Strong Excel skills
• Strong verbal and written communication skills
• Attention to detail and accuracy
• Strong problem analysis and resolution skills
• Experience identifying and summarizing issues and recommendations
• Works efficiently in a deadline driven environment
• Highly driven and proactive, and comfortable taking initiative
• Manage multiple projects simultaneously
• Comfortable working independently while in a team‐oriented environment
• Develop strong working relationships with colleagues, teams, and clients

Nice To Haves

• Series 7 License (preferred)
• Understanding of HNW and Financial Advisor operating model is preferred
• Knowledge of alternative investment funds and operational terms is helpful

Responsibilities

• Manage Financial Advisor and investor queries for Blackstone Drawdown funds across all asset classes
• Lead coordination of Due Diligence Questionnaires, tax questionnaires, and additional ad hoc requests between investing businesses and Private Wealth clients
• Lead Investor Relation coordination for Blackstone’s Multi-Asset Drawdown products, including but not limited to investor reporting and commentary, audit and tax questionnaires, and more
• Assist in the oversight of third-party feeder fund providers including feeder General Partners, capital activity, quarterly reporting, audit, tax, etc.
• Coordinate with global Investor Services colleagues to provide support for funds managed outside of the US
• Implement efficient and consistent processes across various funds in different regions
• Hone a strong understanding of distribution partner and platform operations
• Assist in ad hoc projects, research, and proposals to strategize and support Blackstone Private Wealth expansion including new geographic markets and new business channels

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
• Number of Employees: 251-500 employees