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, Twitter, and Instagram.
 

Business Unit: BXMA

Job Title: BXMA Product Control – Regulatory Oversight and Reporting Professional, Associate

Job Description: BXMA Product Control is responsible for managing risk across the platform and achieves this by focusing on three core areas – strategic support, platform enhancement and operational risk management (ORM). A key component of ORM includes the platform’s accurate and timely completion of all applicable reporting to global regulators, including the SEC, CFTC, CIMA, ESMA and US Treasury. While a large portion of this role will focus on regulatory reporting compliance, it will also involve other areas of focus for the Product Control team, including but not limited to SOX and SOC1 compliance, oversight of BXMA’s critical service providers oversight, as well as broader platform initiatives.

Key responsibilities of the role include:

Overseeing the platform’s core regulatory reporting (+1,000 filings annually) to all applicable global regulators which includes but is not limited to Form PF, Form CPO-PQR, Form PFS, Annex IV, CIMA FAR, Form SLT and Form B

Partnering with the Legal and Compliance Team as well as key external service providers on new fund launch regulatory assessments and fees analysis

Assistance with key components of other regulatory filings such as Form ADV Regulatory Assets Under Management (RAUM) and AIFMD annual remuneration disclosures

Implementation of ORM regulatory reporting strategic initiatives leveraging technology, service providers and internal involvement to manage the risk associated with the increased volume and complexity of regulatory filings

Analysis of new regulatory guidance on BXMA’s platform, including perspective on the operational impact and scalability. Act as operations project-lead where applicable for new regulatory filing implementations

Collaboration across other BXMA groups, including accounting, legal, compliance, middle office, treasury, investment operations and financial reporting is critical

Leading the platform’s data governance and legal entity management initiatives to ensure data is accurate, centralized and consistent across all reporting

Overseeing the service provider due diligence program, including annual meeting coordination and documentation

Leading SOC1 & SOX compliance oversight across BXMA’s platform, including SOC1 preparation, control testing oversight, and coordination with BXMA control owners and Blackstone’s internal and external auditors

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:

5+ years of relevant work experience (public accounting/assurance, private fund accounting, regulatory reporting)

Undergraduate degree in Accounting or Finance required

CPA license (or equivalent) is preferred

Experience with private equity, hedge fund and/or fund of hedge fund investing

Familiarity with the above regulatory filings preferred

Strong organizational and project management skills

Excellent verbal, written, and interpersonal communication skills to facilitate interaction and management of the various internal teams and external service providers

Strong attention to detail and analytical skills

Ability to lead the planning and execution of projects, with minimal oversight, and deliver process results

Experience working in a team environment and contributing to a positive team culture

Proficiency in Microsoft excel

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: 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.