Internal Audit - Analyst
Blackstone Restaurant, New York, NY, United States
Blackstone Internal Audit (BXIA) Associate New York
Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm's governance, risk management, and internal control processes. We are seeking a highly motivated professional to join our Internal Audit team.
The Internal Audit Associate will be involved in the core activities undertaken by BXIA, including audit planning and execution, annual risk assessments, SOX assurance, advisory activities, and contributing to department wide strategic initiatives. The role will offer exposure to key areas, including investment and asset management, risk management, operations, finance, and compliance, and offers the opportunity to further develop technical audit skills, enhance business acumen, and gain exposure to the Firm's global operations.
Key Responsibilities
Perform risk-based audits and reviews of key operational processes and controls across Blackstone's global businesses, products, regions, and enterprise functions.
Identify and evaluate key operational controls, including performing testing for design and operating effectiveness, documenting results, identifying findings as applicable, and developing corrective actions or operational enhancement opportunities that mitigate risk, drive efficiency, and add value.
Develop and maintain effective working relationships across the firm, communicate control improvement opportunities, and maintain an understanding of key firm-wide initiatives and strategic priorities.
Assist in the annual risk assessment process and contribute to the development of the annual audit plan by providing input and perspective on current business, industry, and regulatory risk factors.
Support in the development and management of the global internal audit risk assessment framework, including the ongoing management of risk registers and control libraries.
Stay current on evolving industry trends, regulatory developments, and external events that may impact the firm's risk profile.
Participate in firm-sponsored and industry events to enhance professional skills and deepen understanding of the alternative asset management industry.
Qualifications
Experience: 2+ years of experience in internal audit, risk management, compliance, or a related role within financial services or another highly regulated industry.
Education: Undergraduate or graduate degree in accounting, finance, business, economics, or a related field.
Risk and Controls Knowledge: Working knowledge of risk and internal control frameworks and control concepts (e.g., COSO, SOX), including process-level controls, governance practices, and public company ICFR expectations.
Subject Matter Interest: Strong interest in internal audit, risk management, and control evaluation within the financial services or alternative asset management industry.
Risk and Regulatory Awareness: Understanding of key global financial services regulations and how regulatory and industry developments impact business and operational risk.
Audit Execution: Experience performing audit procedures, including walkthroughs, testing of design and operating effectiveness, documentation of results, identification of issues, and evaluation of root causes.
Analytical Thinker: Strong problem-solving and critical-thinking abilities.
Collaborative: Work effectively as part of a team and contribute to shared objectives.
Strong Communicator: Excellent written and verbal communication skills, combined with strong interpersonal skills and presenting complex issues to executive management in clear, straightforward terms.
Organized: Manage multiple tasks, prioritize effectively, and meet deadlines.
Technologically Proficient: Working knowledge of Microsoft Office Suite; familiarity with data analytics, visualization tools, generative AI, and/or audit or GRC platforms is a plus.
Integrity-Driven: Demonstrated professional integrity and objectivity, remaining free from undue influence and a commitment to transparent communication.
Intellectual Curiosity: Intellectual curiosity and staying current on developments in risk, global markets, the firm's business, and internal audit practices.
Certifications (Preferred): CPA, CIA, CFE, or other relevant industry certifications preferred.
Expected annual base salary range:
$105,000 - $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.
Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm's governance, risk management, and internal control processes. We are seeking a highly motivated professional to join our Internal Audit team.
The Internal Audit Associate will be involved in the core activities undertaken by BXIA, including audit planning and execution, annual risk assessments, SOX assurance, advisory activities, and contributing to department wide strategic initiatives. The role will offer exposure to key areas, including investment and asset management, risk management, operations, finance, and compliance, and offers the opportunity to further develop technical audit skills, enhance business acumen, and gain exposure to the Firm's global operations.
Key Responsibilities
Perform risk-based audits and reviews of key operational processes and controls across Blackstone's global businesses, products, regions, and enterprise functions.
Identify and evaluate key operational controls, including performing testing for design and operating effectiveness, documenting results, identifying findings as applicable, and developing corrective actions or operational enhancement opportunities that mitigate risk, drive efficiency, and add value.
Develop and maintain effective working relationships across the firm, communicate control improvement opportunities, and maintain an understanding of key firm-wide initiatives and strategic priorities.
Assist in the annual risk assessment process and contribute to the development of the annual audit plan by providing input and perspective on current business, industry, and regulatory risk factors.
Support in the development and management of the global internal audit risk assessment framework, including the ongoing management of risk registers and control libraries.
Stay current on evolving industry trends, regulatory developments, and external events that may impact the firm's risk profile.
Participate in firm-sponsored and industry events to enhance professional skills and deepen understanding of the alternative asset management industry.
Qualifications
Experience: 2+ years of experience in internal audit, risk management, compliance, or a related role within financial services or another highly regulated industry.
Education: Undergraduate or graduate degree in accounting, finance, business, economics, or a related field.
Risk and Controls Knowledge: Working knowledge of risk and internal control frameworks and control concepts (e.g., COSO, SOX), including process-level controls, governance practices, and public company ICFR expectations.
Subject Matter Interest: Strong interest in internal audit, risk management, and control evaluation within the financial services or alternative asset management industry.
Risk and Regulatory Awareness: Understanding of key global financial services regulations and how regulatory and industry developments impact business and operational risk.
Audit Execution: Experience performing audit procedures, including walkthroughs, testing of design and operating effectiveness, documentation of results, identification of issues, and evaluation of root causes.
Analytical Thinker: Strong problem-solving and critical-thinking abilities.
Collaborative: Work effectively as part of a team and contribute to shared objectives.
Strong Communicator: Excellent written and verbal communication skills, combined with strong interpersonal skills and presenting complex issues to executive management in clear, straightforward terms.
Organized: Manage multiple tasks, prioritize effectively, and meet deadlines.
Technologically Proficient: Working knowledge of Microsoft Office Suite; familiarity with data analytics, visualization tools, generative AI, and/or audit or GRC platforms is a plus.
Integrity-Driven: Demonstrated professional integrity and objectivity, remaining free from undue influence and a commitment to transparent communication.
Intellectual Curiosity: Intellectual curiosity and staying current on developments in risk, global markets, the firm's business, and internal audit practices.
Certifications (Preferred): CPA, CIA, CFE, or other relevant industry certifications preferred.
Expected annual base salary range:
$105,000 - $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.