Legal & Compliance - Marketing & Distribution Compliance, VP

Blackstone • Miami, NJ

6d

About The Position

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. The employee will be a member of the compliance team focusing on regulatory compliance issues with respect to marketing and other investor/third-party materials and communications, as well as working with others on Blackstone’s global Legal and Compliance (“L&C”) team. The VP will serve as the primary day-to-day adviser with respect to marketing materials and other communications and documents for one or more products. In this capacity, they will be responsible for reviewing investor and third-party communications, supervising staff and consultant work product in their reviews, advising on legal and compliance matters that arise in connection with various investor audiences, domestic and global marketing registration, and analysis and resolution of regulatory questions. The employee will: Review marketing materials, due diligence responses, investor communications, and other fundraising and reporting-related materials (e.g. quarterly letters, recordings, memoranda, etc.) across various investment strategies from a legal, regulatory, and compliance perspective, supplemented by the use of AI-based regulatory review software. Manage staff; supervise and train reports to conduct marketing compliance reviews. Manage the L&C relationship with designated lines of business and related products. Attend client meetings to discuss Blackstone products and address client questions. Serve as primary adviser to the business on existing investors’ legal and compliance-related requests. Develop internal policies and procedures with respect to marketing and other related compliance matters, and assist maintaining broader L&C policies and procedures, all consistent with current regulatory guidance. Develop educational materials and trainings for business professionals with respect to marketing and fundraising regulations and protocols. Assess current and prospective regulatory risk through industry interaction and research; and Assist with other day-to-day L&C matters as needed. In addition, the employee will have the opportunity to drive the team’s global regulatory compliance model by working with legal and compliance professionals in other geographic regions or Blackstone’s other business units, and will assist in developing cross-functional compliance policies and procedures.

Requirements

• 8+ years of prior experience at a law firm and/or investment management firm.
• Prior experience in a compliance role and/or J.D. required.
• Understanding of the Advisers Act and FINRA regulations strongly preferred.
• Strong attention to detail and analytical skills.
• Strong project management and organizational skills with expertise to manage team members along with multiple and sometimes conflicting business demands.
• Transform complex compliance, legal, and business problems into commercially actionable work plans.
• Highly effective oral and written communication skills, communicates confidently and effectively.
• Work independently while remaining a strong team player who works collaboratively and builds strong working relationships.
• Proactive time management and skilled at managing projects independently and to conclusion.
• Substantial initiative, creativity and drive to implement a measured approach under competing demands.

Nice To Haves

• Knowledge of hedge funds and drawdown funds a plus.

Responsibilities

• Review marketing materials, due diligence responses, investor communications, and other fundraising and reporting-related materials (e.g. quarterly letters, recordings, memoranda, etc.) across various investment strategies from a legal, regulatory, and compliance perspective, supplemented by the use of AI-based regulatory review software.
• Manage staff; supervise and train reports to conduct marketing compliance reviews.
• Manage the L&C relationship with designated lines of business and related products.
• Attend client meetings to discuss Blackstone products and address client questions.
• Serve as primary adviser to the business on existing investors’ legal and compliance-related requests.
• Develop internal policies and procedures with respect to marketing and other related compliance matters, and assist maintaining broader L&C policies and procedures, all consistent with current regulatory guidance.
• Develop educational materials and trainings for business professionals with respect to marketing and fundraising regulations and protocols.
• Assess current and prospective regulatory risk through industry interaction and research; and
• Assist with other day-to-day L&C matters as needed.
• Drive the team’s global regulatory compliance model by working with legal and compliance professionals in other geographic regions or Blackstone’s other business units.
• Assist in developing cross-functional compliance policies and procedures.

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
• Equity and other incentive compensation (for certain employees)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Ph.D. or professional degree