Blackstone Private Wealth - Client Services, Analyst

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.

Blackstone Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients as well as providing ongoing education, training, and support around alternatives.

Job Description

Specific responsibilities include:  

• Field operational inquiries from Financial Advisors & internal sales teams on Blackstone investment offerings.

• Liaise with Blackstone business units, transfer agents, and other third-party service providers relating to client inquiries, problem resolutions, and reconciliations.

• Project management across various groups within Blackstone Private Wealth to enhance collaboration and efficiencies.

• Identify and document operational procedures for ongoing fund maintenance on various platforms.

• Develop strong understanding of distribution partners’ operational platforms and processes and become resident Blackstone expert for advisors.

• Assist Financial Advisors with problem resolution of account opening, maintenance items and other inquiries related to client onboarding, servicing and client retention (deadlines, platform questions, redemptions, capital calls, distributions).

• Assist in ad hoc projects / research to support Blackstone Private Wealth business initiatives.

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 Investor Services Associate should exhibit strong technical and analytical skills. Candidates should be driven, detailed and team-oriented with innovative ideas and solutions who thrive on challenges in a dynamic environment.

In addition, the successful candidate must meet the following qualifications:

• Bachelor’s Degree

• 2+ years of financial industry experience

• Series 7 and Series 63, preferred

• Strong Excel skills

• Strong verbal and written communication skills

• Attention to detail and accuracy

• Strong problem analysis and resolution skills

• Identify and summarize issues and recommendations

• Work efficiently in a deadline driven environment

• Manage multiple projects simultaneously

• Work independently in a team‐oriented environment

• Adaptable and collaborative

• Strong understanding of the high net worth and Financial Advisor operating model

• Knowledge of alternative investment funds and operational terms is helpful

• Develop strong working relationships with colleagues, teams, and clients

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:

$100,000 - $130,000

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, pleas