Blackstone Insurance Solutions, Legal & Compliance – Senior Vice President

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 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 Group: Blackstone Insurance Solutions, Legal & Compliance

Job Title: Blackstone Insurance Solutions, Legal & Compliance – Senior Vice President

Job Responsibilities:

• Work directly with the Chief Compliance Officer of Blackstone Insurance Solutions to establish and maintain a compliance program reasonably designed to comply with US securities laws and regulations, and relevant laws and regulations in other countries that Blackstone operates.
• Work with investment professionals to identify and mitigate conflicts of interest, allocation of investments and allocation of expenses.
• Prepare materials and act as secretary for various governance and investment committees, including drafting detailed meeting minutes.
• Review and approve marketing materials and client reporting to ensure compliance with US and foreign regulatory rules on marketing securities.
• Work with in-house and external counsel to monitor, and then implement responses to, regulatory developments that impact the businesses.
• Draft various reporting and registration filings with US securities regulators, including Form ADV, Form PF, NFA/CFTC and foreign regulatory filings.
• Coordinate with risk professionals to monitor compliance with investment guidelines, loan covenants and investment advisory agreement obligations.
• Interpret insurance investment guidelines utilizing knowledge of credit-oriented investments and insurance company risk-based capital constraints.
• Conduct compliance training for new and existing employees on the securities law requirements and their obligations.
• Draft and ensure compliance with policies and procedures, including monitoring information walls.
• Assist in conducting internal compliance policy reviews, the annual 206(4)-7 compliance review, internal audit reviews and ongoing or ad hoc reviews and assist with responding to regulatory exams and inquiries.
• Perform other duties as needed.

 

 

Qualifications:

 

Education

• Juris Doctor degree (or foreign equivalent) in Law

Certification

• Certificate of Good Standing to Practice Law in the State of New York required

 

Experience

• Minimum 6 years of experience in job offered or related occupations
• Minimum 6 years of experience with securities laws and regulations, including the Investment Advisers Act;
• Minimum 6 years of experience with credit-oriented investments, insurance company risk-based capital constraints, and interpreting insurance investment guidelines;
• Minimum 6 years of experience with Investment Advisers Act marketing rules, and ability to coordinate marketing in jurisdictions under foreign marketing rules;
• Minimum 6 years of experience with drafting Form ADV Part 2, completing Form ADV Part 1 and Form PF and filing registrations or exemptions with the NFA/CFTC;
• Minimum 6 years of experience with conducting compliance monitoring and testing, including conducting the annual 206(4)-7 compliance review and drafting related reports;
• Minimum 6 years of experience with responding to regulatory exams and inquiries;
• Minimum 6 years of experience with monitoring compliance with investment guidelines, loan covenants and investment advisory agreement obligations.
• Experience can be concurrent.

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:

$245,000 - $255,000

Actual base salary within that range w