Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, Vice President

Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, Vice President

Blackstone is a global leader in real estate investing. Blackstone Real Estate also operates one of the leading global real estate debt businesses.

The BREDS Operations team is responsible for executing new investing and capital markets transactions across the BREDS business, as well as oversight of daily portfolio activities and cash flows. This newly-created role is focused on BREDS' $43 billion of insurance company client capital under management (AUM), primarily commercial real estate loan investments.

Responsibilities :

• Primary finance and operational point person for BREDS insurance portfolio, partnering with investment professionals, asset management, portfolio management, and other counterparts across Blackstone
• Assist the BREDS private loan operations team in developing Best-in-Class processes for data aggregation, client reporting, reconciliations, and loan level accounting on behalf of insurance capital
• Facilitate commercial real estate loan closings and other transactions with insurance clients, internal Blackstone teams, and outside service providers
• Communicate with external insurance company clients and internal client relationship teams to coordinate and prepare responses to client requests, portfolio inquiries, and other matters
• Oversee internal and external financial reporting of BREDS' insurance portfolio across the business including operational data feeds, asset valuation handoffs, and portfolio analytics
• Ensure ongoing operational processes are operating effectively pursuant to standard operating procedures, including technology stack and broader reporting processes

Qualifications :

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 : $160,000 - $250,000. 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.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, 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.