What are the responsibilities and job description for the Blackstone Credit & Insurance(BXCI) - Investment Operations - Closing Team - AVP position at 40005 GSO Capital Partnerships LP?
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, Twitter, and Instagram. Blackstone Credit & Insurance Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit. Responsibilities: Coordinate Private Credit deal closings with internal (Deal investment teams, Legal, Treasury, Finance, Processing teams) and external (Lenders, Counsel, Administrative Agents) parties to ensure a smooth closing process. Serve as the day-to-day point of contact for internal teams and external clients in order to proactively manage existing portfolio of complex structured loans and residential mortgage transactions. Prepare capital calls for clients regarding new deals and delayed draws in accordance with each client’s Investment Management Agreement (IMA) guidelines to communicate final deal numbers to clients in a timely manner. Gain a comprehensive understanding of the structure of each deal in order to provide oversight to offshore support team and assist with amendments or changes to deal lifecycle processes. Monitor new borrowing requests, review flow of funds, and coordinate borrowings for existing transactions. Manage pipeline reporting, multi-task, and execute tasks in a short timeline. Work on ad-hoc projects to develop enhanced processes and workflows. Create and maintain Standard Operating Procedures (SOPs) to ensure best practices. Qualifications: The successful candidate should have: Bachelor’s degree in Business, Finance, Economics, Accounting 5 years of relevant experience Strong knowledge of fixed income securities, ABF and Private loans Excellent data handling skills and ability to model complex securities and their P&L Familiarity with Advent Geneva (Portfolio Accounting System) is a plus Ability to work collaboratively and to present concepts and solutions clearly to diverse audience Excellent communication skills and ability to manage client requests Strong knowledge of Microsoft Excel 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: $125,000 - $200,000 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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role. 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If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com. 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. At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.
Salary : $125,000 - $200,000