Legal & Compliance - Private Wealth Solutions - Core Compliance, AVP

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.
 

The Legal & Compliance department seeks an Assistant Vice President to support the complex and growing needs of Blackstone’s Private Wealth Solutions (PWS) compliance program. The role will focus on assisting in compliance functions including: (i) review of educational and training materials prepared to support the launch of PWS’ products, (ii) customized training for PWS, (iii) policy support, and (iv) assisting with the 206(4)-7 process for a registered investment adviser as well as other ongoing compliance program monitoring. Primary job responsibilities include:

• Providing broad support to the PWS compliance program and interacting with stakeholders across Blackstone’s business units

• Assisting in all compliance and regulatory matters: SEC and CFTC registrations, ERISA, state and federal legal requirements, securities laws (including the Investment Advisors Act of 1940, the Securities Act of 1933 and the Exchange Act of 1934), as well as international regulations

• Working with other members of the compliance team for these businesses to ensure that policies and procedures and periodic regulatory filings (e.g., Form ADV, Form PF) are current, and to identify and address areas where policies and procedures need to be developed or amended

• Providing broad support in the preparation of regular reports to PWS and Legal & Compliance stakeholders as well as senior management regarding compliance matters

• Assisting with the day-to-day review of educational and training materials prepared to support the launch of PWS’ products

• Providing support for the development of a global and customized training program for PWS

• Focusing on internal compliance policy review, including ongoing assessments, assisting with the annual 206(4)-7 compliance review, internal audit reviews and ongoing or ad hoc reviews

• Working with Blackstone central compliance regarding firm-wide compliance issues and projects, as well as special compliance/internal audit-related projects as necessary

• Working with PWS Legal & Compliance teams to assist with other ad hoc projects

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. The successful candidate should have the following qualifications:

• 5+ years of directly related experience in a legal or compliance role in a bank, investment firm or law firm, with a substantial knowledge of relevant rules and regulations, and familiarity with the day-to-day compliance affairs of private funds (registered fund experience a plus)

• Experience with private wealth compliance is preferred

• An undergraduate degree is required, and an MBA or law degree is a plus

• Strong time management and task/project management skills; possess an ability to manage multiple priorities and raise issues in a timely and productive fashion

• Ability to evaluate information analytically to transform complex compliance, legal and business questions into commercially actionable work plans

• Proactive in new situations and to manage projects independently to conclusion

• Willingness to liaise between business team members (investment, asset management) and across firm-wide corporate groups (legal, marketing, accounting, finance, operations, tax)

• Ability to develop positive professional relationships, internally and externally, and to work as part of a collaborative team

• Strong technical skills, and ability to un