2024 Off-Cycle Intern - Risk Management at Blackstone

Luxembourg

Blackstone Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Financial Services, Asset Management, Private EquityIndustries

Requirements

  • Passionate about risk management
  • Eager to contribute to a dynamic team
  • Interested in developing skills in a collaborative and high-performing environment

Responsibilities

  • Assist in the monitoring, assessment, and mitigation of risks that could negatively affect BEFM and its managed structures
  • Aid in the maintenance of a comprehensive risk management framework for managed structures and BEFM, aligning with regulatory standards
  • Help implement risk management strategies, policies, systems, and governance protocols
  • Contribute to updating the risk profiles for the enterprise and its managed structures
  • Support due diligence for alternative investments
  • Assist in ensuring compliance with investment restrictions, collaborating across departments to manage risks and address potential breaches, and aiding in the development of mitigation and corrective actions
  • Contribute to maintaining a strong control environment for risk management activities, ensuring compliance with all relevant regulations
  • Assist in the preparation and delivery of risk management reports
  • Participate in initiatives aimed at improving processes, supporting the introduction of new investment structures, the integration of delegates, and engaging in Blackstone Technology's operational and development goals

Skills

Key technologies and capabilities for this role

Risk Management

Questions & Answers

Common questions about this position

What is the salary for this internship?

This information is not specified in the job description.

Is this a remote position or where is it located?

This information is not specified in the job description.

What are the main responsibilities for this intern role?

The intern will assist in monitoring, assessing, and mitigating risks for BEFM and its managed structures, including maintaining a risk management framework aligned with regulatory standards and helping implement risk strategies, policies, systems, and governance protocols.

What is the company culture like at Blackstone?

Blackstone seeks to create positive economic impact and long-term value for investors, companies, and communities by using extraordinary people and flexible capital to help companies solve problems.

What makes a strong candidate for this internship?

Strong candidates will be integral team members in BEFM Risk Management in Luxembourg, ready to participate in all team activities including risk monitoring, assessment, mitigation, framework maintenance, and implementing strategies aligned with regulatory standards.

Blackstone

Global alternative asset management firm

About Blackstone

Blackstone is a leader in alternative asset management, focusing on private equity, real estate, and credit investments. The firm manages over $1.1 trillion in assets and partners with financial advisors to provide access to private markets, aiming to create strong businesses that deliver lasting value. Its main products, BREIT and BCRED, cater to income-focused investors, while the On-Demand Continuing Education Program helps educate investors on private market topics. Blackstone's goal is to identify economic trends and invest in industry-leading businesses to generate strong returns.

New York City, New YorkHeadquarters
1985Year Founded
$18,081.8MTotal Funding
UNKNOWNCompany Stage
Financial Services, Real Estate, EducationIndustries
5,001-10,000Employees

Risks

Increased competition in AI may lead to overvaluation and market saturation.
Potential regulatory scrutiny due to significant investments in diverse sectors.
Economic instability in Europe could impact returns from European investments.

Differentiation

Blackstone is a global leader in alternative asset management with $1.1 trillion AUM.
The firm specializes in private equity, real estate, and credit investments.
Blackstone partners with financial advisors to provide access to private markets.

Upsides

Blackstone's $300M investment in DDN shows a strategic pivot towards AI-driven growth sectors.
The €250M investment in Sia Partners expands Blackstone's footprint in AI consulting services.
Partnership with Jersey Mike’s indicates investment in established consumer brands with growth potential.

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