4

Blackstone Credit & Insurance(BXCI) - Rated Structures - Vice President

40005 GSO Capital Partnerships LP
Full-time
On-site
New York United States of America

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 Title: Blackstone Credit & Insurance – Rated Structures, Operations Vice President

Job Description:

The Rated Structure Fund Captain Team provides support to make sure funds are operationally healthy

The successful candidate’s responsibilities will include:

  • Oversee funds operational health
  • Responsible for onboarding funds and onboarding complex fund transactions
  • Work with global fund finance on quarterly and annual NAV calculations for assigned funds
  • Oversee operations for complex instruments, structured products, and alternative assets (as applicable)
  • Work with treasury, admin and collateral agents on reconciliation of cash, positions, and transactions
  • Assist with waterfall calculations; capital calls, distribution notices and rebalances
  • Review and validate fund expenses, accruals, income, and valuation adjustments
  • Assist with the quarterend and yearend close processes, ensuring accuracy and timeliness
  • Coordinate and respond to auditor, administrator, and client inquiries
  • Support investor reporting, capital activity processing, distribution waterfalls, and performance calculations
  • Identify and lead process improvements to enhance efficiency and reduce operational risk
  • Collaborate with operations, risk, valuation, and investment teams on fundrelated matters
  • Assist on building better automated solutions to enhance the overall process to scale growth

Qualifications:

Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors.

The successful candidate must have:

  • Undergraduate degree in Finance or Accounting
  • 6–10+ years of operations, CLO or rated structure work, fund accounting, preferably in financial services or another complex, regulated industry
  • Ownership mentality crucial to the role
  • Demonstrated success managing funds in an operational context
  • Strong communication skills, with the ability to translate complex operational details clearly
  • High attention to detail and strong problemsolving ability
  • Experience with workflow systems, fund reporting, and service metrics
  • Ability to manage multiple priorities and work under pressure in a fastpaced environment


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:

$165,000 - $250,000

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 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.