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.
BXCI is seeking an attorney with 3+ years of combined experience in a law firm and as a compliance professional (preferably at a credit focused asset manager) to join a compliance team doing challenging work in a dynamic environment. The Compliance Assistant Vice President will work on a variety of compliance-related matters involving the investment businesses described above. Primary job responsibilities include:
Support senior members of Compliance and Legal teams in relation to the fund formation process, including disclosures, operational issues, side letter compliance, implementing fees and expenses provisions, as well as marketing of funds.
Support compliance and legal aspects of new bespoke product launches, including structuring, drafting and negotiation of investment management documents and review and drafting of disclosures, and coordination with investment, marketing, operations, fund accounting and tax teams.
Provide compliance support to various business groups in new account onboarding including internal configuration of investment guidelines and oversight of daily guidelines.
Devise, initiate, maintain, and revise compliance and regulatory policies, procedures, controls, and training based on the specific needs of the business and current regulatory requirements.
Provide regulatory and compliance advice to investment professionals and other personnel including preparation of reports to the investment team and senior management regarding compliance matters.
Work with the rest of the Compliance team in responding to requests from regulators, preparing for regulatory examinations, and conducting mock examinations in conjunction with external consultants and counsel.
Support various business groups, including investment, marketing, accounting, operations and middle office departments.
In addition, the candidate must meet the following qualifications:
Law firm experience is required. Experience within a law firm fund formation group is strongly preferred.
Act proactively in new situations and independently manage projects to conclusion.
Must be willing to roll up sleeves and collaborate with a variety of team members.
Must be a strong and independent thinker with excellent interpersonal and communication skills.
Pragmatic and must have tolerance for ambiguity, confidence and a conscientious work ethic.
Communicate and understand risks, best practices and regulatory requirements (U.S. and international).
Desire to work as part of a highly collaborative legal and compliance team in a dynamic environment and willingness to embrace a variety of issues.
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 - $200,000Actual 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.
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.