BXCI, Investment Operations, Associate

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 

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.

Job Title: BXCI – Investment Operations – Associate

Responsibilities:

• Manage Corporate Actions and Loan Amendments and process votes on external service providers’ platforms
• Process and manage the life-cycle of loans and securities, ensuring accuracy and timeliness in all processing stages. This includes, but is not limited to processing of new drawdowns, paydowns, PIK, interest and fees for syndicated and bilateral deals.
• Collaborate with team members across multiple locations and departments to resolve on a daily basis complex exceptions related to cash or position activity.  
• Identify, escalate and propose remediation to process gaps and issues to management as needed.
• Facilitate and reconcile reporting of transactions subject to regulator reporting requirements.
• Be responsible for routine operational tasks focused on administering defined procedures and report preparation.
• Understand accounting knowledge like PNL, realized and unrealized, FX PNL, accrued interest on various assets like bonds, private deals, etc.
• Appropriately demonstrate consideration for Blackstone’s reputation, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Requirements:

• Bachelor’s/University degree or equivalent experience.
• Strong technical expertise with 2+ years of experience in bank debt operations.
• Previous experience with Advent Geneva is encouraged.  
• Strong problem solving and analytical skills with an ability to effectively analyze and resolve complex problems.
• Results oriented, deadline driven and resourceful person who thrives in a dynamic environment while maintain a strong attention to detail.
• Proven record of strong teamwork.
• Strong verbal and written communication skills as the role requires engagement multiple stakeholders, both internal and external.
• Proficiency in MS Office (Excel, Word & PowerPoint).

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.  All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.
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