Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, Vice President at Blackstone

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Asset Management, FinanceIndustries

Requirements

Bachelor’s degree in finance, accounting, or a similar discipline (CFA and/or CPA is a plus)
8+ years of experience in public accounting, transaction services, a private equity fund, consulting, or other relevant real estate debt roles
Experience in the insurance or financial services industries is required
Excellent oral and written communication skills; communicates complex topics clearly to clients and investment professionals
Proven skill to work in a dynamic environment that requires the execution of transactions as well as projects and initiatives in support of a rapidly growing business
A self-motivated individual with a strong [work ethic implied]

Responsibilities

Primary finance and operational point person for BREDS insurance portfolio, partnering with investment professionals, asset management, portfolio management, and other counterparts across Blackstone to execute new client mandates and investment initiatives
Assist the BREDS private loan operations team in developing Best-in-Class processes for data aggregation, client reporting, reconciliations, and loan level accounting on behalf of insurance capital
Facilitate commercial real estate loan closings and other transactions with insurance clients, internal Blackstone teams, and outside service providers
Communicate with external insurance company clients and internal client relationship teams to coordinate and prepare responses to client requests, portfolio inquiries, and other matters
Oversee internal and external financial reporting of BREDS’ insurance portfolio across the business including operational data feeds, asset valuation handoffs, and portfolio analytics
Ensure ongoing operational processes are operating effectively pursuant to standard operating procedures, including technology stack and broader reporting processes

Skills

Key technologies and capabilities for this role

Real Estate FinanceDebt StrategiesFinancial OperationsCapital MarketsPortfolio ManagementTransaction Execution

Questions & Answers

Common questions about this position

What is the employment type for this Vice President role?

This is a full-time position.

What are the main responsibilities of this role?

The role involves serving as the primary finance and operational point person for the BREDS insurance portfolio, assisting in developing best-in-class processes for data aggregation and reporting, facilitating loan closings, and communicating with insurance clients and internal teams.

What experience is relevant for this position?

Experience in finance and operations for real estate debt strategies, particularly with insurance company client capital, commercial real estate loans, portfolio management, client reporting, reconciliations, and transaction execution is key.

What is the size and focus of the BREDS business?

BREDS manages $43 billion of insurance company client capital under management, primarily in commercial real estate loan investments, as part of Blackstone Real Estate's leading global real estate debt business.

Is the salary or compensation mentioned for this role?

This information is not specified in the job description.

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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