Blackstone Credit & Insurance(BXCI) - Investment Operations - Closing Team - 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.
 

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.

Responsibilities:

• Coordinate Private Credit deal closings with internal (Deal investment teams, Legal, Treasury, Finance, Processing teams) and external (Lenders, Counsel, Administrative Agents) parties to ensure a smooth closing process.
• Serve as the day-to-day point of contact for internal teams and external clients in order to proactively manage existing portfolio of complex structured loans and residential mortgage transactions.
• Prepare capital calls for clients regarding new deals and delayed draws in accordance with each client’s Investment Management Agreement (IMA) guidelines to communicate final deal numbers to clients in a timely manner.
• Gain a comprehensive understanding of the structure of each deal in order to provide oversight to offshore support team and assist with amendments or changes to deal lifecycle processes.
• Monitor new borrowing requests, review flow of funds, and coordinate borrowings for existing transactions.
• Manage pipeline reporting, multi-task, and execute tasks in a short timeline. 
• Work on ad-hoc projects to develop enhanced processes and workflows.
• Create and maintain Standard Operating Procedures (SOPs) to ensure best practices.

Qualifications:

The successful candidate should have:

• Bachelor’s degree in Business, Finance, Economics, Accounting
• 5+ years of relevant experience
• Strong knowledge of fixed income securities, ABF and Private loans
• Excellent data handling skills and ability to model complex securities and their P&L
• Familiarity with Advent Geneva (Portfolio Accounting System) is a plus
• Ability to work collaboratively and to present concepts and solutions clearly to diverse audience
• Excellent communication skills and ability to manage client requests
• Strong knowledge of 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:

$125,000 - $200,000

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, 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 emplo