Blackstone Credit & Insurance (BXCI) Asset Based Financing Operations, Associate
Blackstone Restaurant, New York, New York, us, 10261
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. Job Description
Responsible for end-to-end operational support for private client mandates, including trade capture, settlement, cash and asset reconciliation, and full life-cycle asset servicing. The team specializes in managing operational processes for asset classes such as Revolvers, Delayed Draw facilities, Term Loans, ABS, CMBS, and Privately Originated Loans. Responsibilities
Capture and maintain all life-cycle transactions and borrowings in internal systems. Communicate with internal and external stakeholders to resolve position or transaction related inquiries. Perform daily cash and position reconciliations. Investigate and resolve breaks between internal systems and trustees/custodians. Monitor the private deal pipeline to ensure operational readiness and timely bookings. Ad Hoc reporting. Qualifications
Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have: Undergraduate degree with 2+ years of experience in middle office role. Working knowledge of security operations across both Loans and Fixed Income products. Working knowledge of asset life cycle activities. Ability to work in a fast-paced environment. Strong analytical skills and detail orientation Proficiency in Microsoft products, (Excel, Word, PowerPoint). Ability to collaborate with multiple teams on technical issues. Advent Geneva, Bloomberg knowledge would be a plus. 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: $115,000 - $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 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. Job Description
Responsible for end-to-end operational support for private client mandates, including trade capture, settlement, cash and asset reconciliation, and full life-cycle asset servicing. The team specializes in managing operational processes for asset classes such as Revolvers, Delayed Draw facilities, Term Loans, ABS, CMBS, and Privately Originated Loans. Responsibilities
Capture and maintain all life-cycle transactions and borrowings in internal systems. Communicate with internal and external stakeholders to resolve position or transaction related inquiries. Perform daily cash and position reconciliations. Investigate and resolve breaks between internal systems and trustees/custodians. Monitor the private deal pipeline to ensure operational readiness and timely bookings. Ad Hoc reporting. Qualifications
Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have: Undergraduate degree with 2+ years of experience in middle office role. Working knowledge of security operations across both Loans and Fixed Income products. Working knowledge of asset life cycle activities. Ability to work in a fast-paced environment. Strong analytical skills and detail orientation Proficiency in Microsoft products, (Excel, Word, PowerPoint). Ability to collaborate with multiple teams on technical issues. Advent Geneva, Bloomberg knowledge would be a plus. 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: $115,000 - $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.