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.
We are looking for a highly-organized and motivated Loan Settlement professional to join our team. The ideal candidate will have extensive knowledge of the loan closing process, as well as the ability to work under tight deadlines and manage multiple tasks simultaneously. The candidate will have a comprehensive understanding of LSTA Par loan settlements, participations, as well as the ability to problem-solve and prioritize. A strong eye for detail and the skill to handle competing priorities are essential. We are seeking a candidate who works well independently, as well as collaboratively in a team and larger group setting. The successful candidate must possess outstanding interpersonal and communication skills and adaptability in a fast-paced environment.
Working in a very dynamic environment to manage the closing process of LSTA Par loan trades
Working directly with our Counterparts and Agents to settle trades expeditiously and resolve any issues that arise during the settlement lifecycle to avoid delays
Coordinate with Traders and Portfolio Management Teams on high priority transactions and ad hoc inquiries
Collaborate with multiple teams within Investment Operations group
Skill to work closely with business teams to resolve queries and provide first level service
Liaise with our KYC Team to ensure unsettled trades are always progressing
Utilize strong interpersonal and communications skills to effectively perform all daily responsibilities.
Manage high priority and time-sensitive requests with internal and external stakeholders
Review Credit Agreements for operational information.
High attention to detail
Thrives in a fast-paced environment
Required:
3+ years of experience settling LSTA Par Loans (Primary and Secondary).
Excellent communication skills
Strong skills in ClearPar Settlement Platform
Preferred:
Loan Servicing skills (Paydowns, Rollovers and Rate Sets)
Commercial Awareness
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:
$115,000 - $150,000Actual 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 HR-Recruiting-Americas@Blackstone.com.
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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