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.
 

Private Wealth Solutions 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 Solutions 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. 

Job Title:  

Private Wealth Solutions (PWS) – Investor Services, Vice President – Transfer Agent Oversight

Job Description:

Oversee daily operations of transfer agents and service providers, ensuring a seamless execution of transaction processes, reflecting Blackstone’s quality and brand reputation across function groups and workstreams including (i) client statement reporting, tax generation, compliance, cash reconciliation, etcAnalyze Trade order reports for Not in Good Order Trades items and identify resolutionsDrive partner engagement and manage relationships with distributors, custodians and platform operational and trading teamsEscalating issues and reporting root causes and trends back to management.Liaise with FinTech Partners on order review, execution and manage trade document inventoryWork closely with other Investor Service partners like onboarding, Illiquids and Coverage on cross-functional IS and PWS team initiativesCoordinate with internal business partners cash and share activity and transaction reporting to balance records with fund accounting records.Develop, evolve and document operational frameworks for all funds and processes at transfer agents, custodians and other service providersEnhance partnership and client level experience via process improvement and workflow analysis, with both operational and Client service focused approaches

Qualifications:

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

The successful candidate must have:

Bachelor’s Degree3+ years of financial industry experienceSeries 7 License (a plus)Possess strong technical and analytical skillsStrong computer and excel skillsStrong verbal and written communication skillsAttention to detail and accuracyProblem Analysis and resolutionAbility to identify & summarize issues & recommendationsAbility to work efficiently in a dynamic environmentHighly driven and proactive with the ability to take initiativeAble to manage multiple projects simultaneouslyAbility to work independently in a team‐oriented environmentEnergetic, flexible, collaborative, and proactiveClient focusedStrong Understanding of HNW and Financial Advisor operating modelKnowledge of alternative investment fund and operational terms is helpfulAble to 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:

$145,000 - $155,000

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 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.

If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

Attending client meetings where you are discussing Blackstone products and/or and client questions;

Marketing Blackstone funds to new or existing clients;

Supervising or training securities licensed employees;

Structuring or creating Blackstone funds/products; and

Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.  Please speak with your Blackstone Recruiting contact with any questions.

To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.