What are the responsibilities and job description for the Global Treasury - Treasury Capital Markets - Associate (Fund Finance) position at Blackstone Restaurant?
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.
Job Title : Global Treasury - Treasury Capital Markets - Associate (Fund Finance)
Job Description : The Treasury Capital Markets team leads funding and risk management initiatives for both Blackstone as a Firm, and the Funds that Blackstone manages. The team's broad responsibilities include : debt capital markets, credit facility structuring, and FX and interest rate risk management. The Associate role will focus primarily on subscription and NAV backed finance and credit / debt capital markets initiatives for BX :
- Support the structuring and negotiation of subscription and NAV backed lines of credit for Blackstone and its Funds
- Support syndication and execution processes for credit facilities across the portfolio
- Collaborate with BX business lines to assess their current and future liquidity needs and work with banking partners to secure financing
- Execute the issuance of letters of credit for Blackstone and its Funds
- Coordinate with banking counterparties as well as internal stakeholders on day-to-day credit line borrowing and repayment activities
- Monitor, control and ensure that all line of credit loan activity is accurately captured and processed in the Treasury Management System and review / authorize the release of all principal, interest and fee payments.
- Oversee the reconciliation of monthly and quarterly interest payments for the entire credit line universe
- Produce regular month-end / quarter-end reporting and assist with any ad-hoc inquiries from deal teams and finance personnel
- Participate in the implementation of automation initiatives across the Treasury platform working with counterparts in Operations, Finance and Technology
- Provide coaching and oversight to the offshore support team with a focus on efficiency, transparency and control.
Qualifications :
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 :
120,000 - $150,000
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.
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 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 :
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
Salary : $120,000 - $150,000
