Finance - Investment Operations - Analyst

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, X, and Instagram.

Job Title:

Finance Investment Operations, Analyst

Job Description:

The Finance Investment Operations team plays a critical role in managing Blackstone’s Private Equity funds. This group is responsible for supporting investment transaction closings—both public and private—by collaborating closely with deal teams to ensure seamless execution and oversee global fund operations, which includes determining GAAP/waterfall transaction accounting, dry powder reporting and credit facility maintenance; investor services for the limited partners and ensuring compliance with LPAs, SEC, and Blackstone firm policies.

Key responsibilities will include but are not limited to the following:

• Support deal teams and Blackstone capital markets with the settlement of all public positions for the Private Equity drawdown funds
• Liaise with deal counsel, tax advisors’, and portfolio companies on investment transactions and support
• Facilitate and oversee transaction activity by collaborating with various business units to ensure seamless execution of key processes. This includes managing fundings, tracking proceeds, and ensuring accurate and timely booking of all related activity
• Assist with preparing capital calls, distributions, and cash management for strategic relationship clients
• Manage custody accounts and liaise with transfer agents, brokers, and banks to settle transactions
• Coordinate and process settlements requests (e.g., executing stock powers, authorized signatories, etc.)
• Responsible for margin loan affirmative covenants (e.g., compliance with LTV ratios, lender release requests, etc.)
• Report on public holdings for the fund and corporate reporting (e.g., trade blotters, lock-up periods, buy/black-out windows, legend restrictions, etc.)
• Manage the proxy voting process
• Liaise with legal to coordinate/assist with quarterly/ad-hoc SEC filing mandates (e.g., Form 4, 13D, 13F, 13G)
• Ensure proper adherence to SEC’s Custody Rule for the funds
• Act as a central point of coordination to streamline communication and maintain operational efficiency across teams
• Preparation of internal reporting to COO and Head of Finance
• Liaise with external and internal auditors
• Work with technology team to improve automation/reporting of manual processes
• Assist with special projects and internal ad hoc requests as needed

Qualifications:

Ideal candidate would have a commitment to excellence in their work product, strong time management skills, and a desire to learn. In addition, candidates must meet the following qualifications:

• Bachelor’s Degree in Accounting or Finance
• 2+ years of middle office private equity operations experience
• Experience with public trade settlement systems a plus
• Knowledge of securities laws and public filing requirements (e.g., Form 4) is a plus
• Strong analytical and organizational skills
• Detail oriented
• Works effectively in a professional environment and handles multiple projects and deadlines
• Builds strong work relationships and communicates effectively across multiple levels, functions, and locations

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:

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.