Legal & Compliance – AML Compliance, VP at Blackstone

New Jersey, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Working experience with BSA/AML/CIP/KYC/US Patriot Act and OFAC as well as other relevant BSA/AML laws and regulations (UK, EU, Cayman)
8+ years of experience working with AML/KYC/CDD/EDD and sanctions
CAMS or equivalent AML certification
Strong knowledge of Know Your Customer, Customer Identification Program and CDD requirements
Experience with external vendor tools (e.g., Exiger, RDC, LexisNexis, Clear etc.)
Experience with sanctions compliance is a plus
Experience with analyzing big data and compiling visualization representation of information
Experience with asset due diligence and counterparty due diligence
Strong sense of urgency and accountability to execute in a dynamic and time-sensitive environment
Strong time and task management skills; effectively manages multiple priorities and raises issues in a timely manner
Strong skills in Microsoft Office suite
Excellent problem solving and communication (written and verbal) skills
Desire to work as part of a collaborative team and willingness to embrace a variety of matters

Responsibilities

Investor onboarding across institutional clients
Build and leverage stakeholder relationships to drive KYC compliance
Responsible for identifying, assessing, and escalating potential money laundering and reputational risk issues associated with higher risk clients
Conduct online research for relevant adverse information related to potential money laundering, terrorist finance, fraud, and other financial crimes
Review and disposition of high-risk alerts
Update procedures and desk top guidance related to investor onboarding process
Prepare and review metrics for key processes
Assist with regulatory filings related to 314a, Cayman Islands and Canada
Communicating on an ongoing basis with investment professionals, in-house and external counsel, compliance professionals within Blackstone’s other business units, and various other counterparties
Provide recommendations for the escalation of investigations for SAR filing consideration to the Global Head of AML
Work outside of regular business hours, as needed
Work on AML processes including KYC onboarding and refreshes, asset due diligence, testing and regulatory filings

Skills

AML

KYC

BSA

CIP

Investor Onboarding

Due Diligence

Risk Assessment

Regulatory Filings

SAR

314a

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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