Blackstone Credit & Insurance(BXCI) - Investment Operations - Assistant Vice President

blackstone; New York (NY); On-site; USD 135,000 - 185,000; Full time

Job summary

This innovative firm is seeking an Assistant Vice President for Investment Operations. In this dynamic role, you will manage the life-cycle of loans and securities, ensuring accuracy and timeliness in all processes. You will leverage your strong analytical skills and bank debt operations experience to identify process gaps and design solutions. Join a leading credit investor where your contributions will drive compliance and enhance operational efficiency. If you thrive in a fast-paced environment and have a passion for teamwork and problem-solving, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in bank debt operations.
• Strong problem solving and analytical skills required.

Responsibilities

• Manage the life-cycle of loans and securities accurately.
• Collaborate across teams to resolve cash or position activity exceptions.

Skills

Bank Debt Operations

Problem Solving

Analytical Skills

Communication Skills

Teamwork

Risk and Control Mindset

Education

Bachelor’s/University Degree

Tools

Advent Geneva

MS Office (Excel, Word & PowerPoint)

Job description

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 onLinkedIn,Twitter, andInstagram.

Blackstone Credit & Insurance

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including direct lending, opportunistic, CLOs, high yield, infrastructure and asset-based 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 – Assistant Vice President

Responsibilities:

• 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.
• Understand accounting knowledge like PNL, realized and unrealized, FX PNL, accrued interest on various assets like bonds, private deals, etc.
• Collaborate with team members across multiple locations and departments to reconcile and resolve, on a daily basis, exceptions related to cash or position activity.
• Identify process gaps, perform root cause analysis, and help to design solutions to support the streamlining of related work processes.
• Be responsible for routine operational tasks focused on administering defined procedures and report preparation.
• Provide ongoing training and support for new team members as needed.
• 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 professional 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 5+ years of experience in bank debt operations.
• Previous experience with Advent Geneva is strongly preferred.
• Hands-on experience with reconciliations and life-cycle management of loans and securities.
• Strong problem solving and analytical skills with an ability to effectively analyze problems.
• Results oriented, deadline driven and resourceful person who thrives in a dynamic environment while maintaining a strong attention to detail.
• Proven record of strong teamwork.
• Strong risk and control mindset, including ability to escalate effectively.
• Strong verbal and written communication skills as the role requires engagement with 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.

Expected annual base salary range:

$135,000 - $185,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at [e-mail].