Blackstone Credit & Insurance (BXCI) - Asset Based Financing Operations, AVP at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset Management, Real EstateIndustries

Requirements

6+ years of experience in structured products or a middle-office role
Working knowledge of security operations with loans, fixed income products, private assets, and the trade lifecycle
Strong analytical skills and detail oriented
Works effectively in a fast-paced dynamic environment while handling multiple projects
Strong work ethic, professional integrity, and a positive attitude
Strong Excel Skills
Strong communication skills, both written and verbal
Highly motivated, intelligent, and demonstrated excellence in prior endeavors
Strong analytical and quantitative skills

Responsibilities

Supporting clients by maintaining and providing prompt and accurate service to external clients and internal departments
Interact with clients and agents on position updates or trade related issues
Daily portfolio monitoring
Assist in the setup of new structures within the private whole loan space
Provide allocations to clients on all securities to ensure proper funding and settlement
Responsible for booking, capturing, and reconciling trades
Review and oversee daily cash and position reconciliations
Research and resolve transaction breaks between internal system and custodians
Monitor private deal pipeline to ensure client liquidity, operational readiness, and timely fundings
Ad Hoc reporting

Skills

Key technologies and capabilities for this role

Trade InputSettlementAsset ServicingRevolverDelayed DrawTerm LoansABSCMBSPrivately Originated Loans

Questions & Answers

Common questions about this position

What are the main responsibilities of this Asset Based Financing Operations role?

The role involves supporting clients with prompt service, interacting on position updates and trade issues, daily portfolio monitoring, assisting in new structure setups, providing allocations for funding and settlement, booking and reconciling trades, reviewing cash and position reconciliations, resolving transaction breaks, monitoring the private deal pipeline, and ad hoc reporting.

What qualifications is Blackstone looking for in candidates?

Blackstone seeks highly motivated, intelligent individuals who have demonstrated excellence in prior endeavors, along with strong analytical and quantitative skills.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this AVP role?

This information is not specified in the job description.

What does the Asset Operations team do at Blackstone Credit & Insurance?

The Asset Operations team oversees all operational aspects of private client mandates including revolvers, delayed draw, term loans, ABS, CMBS, and privately originated loans, from trade input and settlement to ongoing asset servicing life cycle events, and the role is client-facing while liaising closely with deal teams.

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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