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Blackstone Private Wealth Investor Services, Associate
Blackstone Private Wealth Investor Services, AssociateBlackstone • New York, NY, US
Blackstone Private Wealth Investor Services, Associate

Blackstone Private Wealth Investor Services, Associate

Blackstone • New York, NY, US
3 days ago
Job type
  • Full-time
Job description

Blackstone Private Wealth Manager

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 and provides ongoing product and advisor support, as well as education and training around alternatives.

  • Manage Financial Advisor and investor queries for Blackstone Drawdown funds across all asset classes
  • Lead coordination of Due Diligence Questionnaires, tax questionnaires, and additional ad hoc requests between investing businesses and Private Wealth clients
  • Lead Investor Relation coordination for Blackstone's Multi-Asset Drawdown products, including but not limited to investor reporting and commentary, audit and tax questionnaires, and more
  • Assist in the oversight of third-party feeder fund providers including feeder General Partners, capital activity, quarterly reporting, audit, tax, etc.
  • Coordinate with global Investor Services colleagues to provide support for funds managed outside of the US
  • Implement efficient and consistent processes across various funds in different regions
  • Hone a strong understanding of distribution partner and platform operations
  • Assist in ad hoc projects, research, and proposals to strategize and support Blackstone Private Wealth expansion including new geographic markets and new business channels

Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, and have sound judgment and demonstrated excellence in prior endeavors. Additional qualifications include the following :

  • Bachelor's Degree
  • 3+ years of financial industry experience
  • Series 7 License (preferred)
  • Strong technical and analytical skills
  • Strong Excel skills
  • Strong verbal and written communication skills
  • Attention to detail and accuracy
  • Strong problem analysis and resolution skills
  • Experience identifying and summarizing issues and recommendations
  • Works efficiently in a deadline driven environment
  • Highly driven and proactive, and comfortable taking initiative
  • Manage multiple projects simultaneously
  • Comfortable working independently while in a team?oriented environment
  • Understanding of HNW and Financial Advisor operating model is preferred
  • 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 : $125,000 - $150,000. 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.

    Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

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