Blackstone Credit & Insurance(BXCI) - Investment Operations - Loan Settlement Professional - Associate

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.
 

Blackstone Credit & Insurance 

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit. 

Within BXCI, we are looking for a highly organized and motivated Loan Settlement professional to join our team. Our ideal candidate will have extensive knowledge of the loan closing process, as well as the ability to work under tight deadlines and manage multiple tasks simultaneously. The candidate will have a comprehensive understanding of the LSTA loan settlement process, participations, as well as the ability to problem-solve and prioritize. A strong eye for detail and the ability to handle competing priorities are essential. We are seeking a candidate who is able to work independently, as well as collaboratively in a team and larger group setting. The successful candidate must possess outstanding interpersonal and communication skills and the ability to adapt in a dynamic environment.

Job Title:  BXCI – Investment Operations –Loan Settlement Professional – Associate

Responsibilities: 

• Managing the closing of par and distressed LSTA loan trades
• Working directly with our counterparts and agents to settle trades expeditiously and resolve any issues that arise during the settlement process to avoid delays
• Coordinate with traders on high priority transactions and ad hoc inquiries
• Collaborate with multiple teams within Investment Operations group
• Ability to work closely with business teams to resolve queries and provide first level service
• Liaise with our KYC team to ensure unsettled trades are always progressing

• Utilize strong interpersonal and communications skills to effectively perform all daily responsibilities
• Manage high priority and time-sensitive requests with internal and external stakeholders
• Review credit agreements for operational information
• Identify process gaps, perform root cause analysis, and help design solutions to support the streamlining of related work processes

Requirements:

• Bachelor’s/University degree or equivalent experience

• 3+ years of experience settling LSTA par loans (primary and secondary)
• Strong skills in Clearpar Settlement Platform
• Loan servicing skills (paydowns, rollovers and rate sets) preferred
• Commercial awareness
• Strong verbal and written communication skills as the role requires engaging with multiple stakeholders, both internal and external.
• High attention to detail
• Results oriented, deadline driven and resourceful person who thrives in a dynamic environment while maintaining a strong attention to detail.
• Proficiency in MS Office (Excel, Word & PowerPoint).

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 withou