Product Control, Assistant Vice President - Blackstone Credit & Insurance

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.

Job Description:      

BXCI is one of the largest credit-focused asset managers.  We seek to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans. Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments. 

This is a growing team within the Credit business and works directly with the CIO, COO and Head of Finance, as well as both onshore and offshore investment teams. This is an opportunity to help develop and execute on high profile initiatives.

The role’s primary focus will include the following:

• Working directly with the CIO office on short term and long-term reporting enhancements
• Coordinating reporting between BXCI Portfolio Managers and the Credit Insurance Middle Office
• Producing Risk and Other LP Reporting Deliverables
• Helping to track firmwide commitments and deployments
• Collaborate with business management teams to build a process that streamlines reporting around new fund launches with the goal of owning the report production workflow
• Helping to develop strategic solutions to meet the changing business needs of the firm
• Coordinating with technology, finance, and middle office to help prioritize development work
• Enhance understanding of BXC’s complex investment process, the markets invested in, the financial instruments used, and the system architecture
• Coordinating with onshore and offshore support teams to help support the workflows as well as provide training and support

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors.  The successful candidate should  meet the following qualifications:

• 6+ years of experience in Finance Reporting, Product Control or Operations
• Prior professional experience with FactSet
• An understanding of Private Credit or Equity is preferred
• Strong analytical skills and detail oriented
• Effectively works in a dynamic environment and handles multiple projects
• Strong work ethic, professional integrity, and positivity
• Highly organized and proactive
• Strong desire to work in an entrepreneurial environment
• Strong communication skills, both written and verbal
• Strong Excel and PowerPoint skills
• Commitment to continuous process improvement

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.

Expected annual base salary range:

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s 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.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.