The Blackstone Group LP
Blackstone Multi-Asset Investing (BXMA) - Multi-Strategy Platform, Risk Manageme
The Blackstone Group LP, New York, NY
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 [redacted] on LinkedIn, Twitter, and Instagram.
Business Unit: BXMA
Job Title: BXMA Multi-Strategy Platform - Risk Management Professional, Vice President
Job Description:
MSP's risk team is responsible for generating performance, attribution, and risk analytics across BXMA's businesses, maintaining compliance with internal, client and regulatory requirements, helping to monitor hedging, FX and liquidity risks and counterparty exposures across the business, and assisting in the investment risk due diligence and ongoing monitoring of investments.
Key responsibilities for this role include:
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. The successful candidate must have:
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:
$180,000 - $225,000
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[redacted]
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 * 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.
Business Unit: BXMA
Job Title: BXMA Multi-Strategy Platform - Risk Management Professional, Vice President
Job Description:
MSP's risk team is responsible for generating performance, attribution, and risk analytics across BXMA's businesses, maintaining compliance with internal, client and regulatory requirements, helping to monitor hedging, FX and liquidity risks and counterparty exposures across the business, and assisting in the investment risk due diligence and ongoing monitoring of investments.
Key responsibilities for this role include:
- Helping to oversee risk due diligence on various investment portfolios including modeling and data analysis, creation and maintenance of due diligence reports.
- Developing and implementing processes to ensure compliance with internal, external client and regulatory requirements.
- Developing and implementing processes to measure and monitor hedging, FX and liquidity risks, and counterparty exposures.
- Performing ad-hoc analyses around select exposures and potential risks to investment performance and business continuity.
- Assisting in the design, implementation and application of quantitative analytics to perform risk oversight roles across MSP's investment strategies.
- Collaboration across other BXMA groups, including Investment teams, Operations, Treasury and Legal, is critical.
Qualifications:
Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. The successful candidate must have:
- 6+ years of experience in risk management capacity, preferably in multi-strategy setting
- Solid understanding of capital markets, securities/OTC instruments, financing structures, and typical trading strategies used by hedge funds (preferably across all asset classes such as equities, fixed income, credit, currencies, and commodities)
- Ability to make existing risk management workflows and processes more efficient, and to implement quality controls
- Strong quantitative, analytical and programming skills including Python (C++ is a plus) and extensive experience working with macro and asset class specific market data.
- Excellent verbal, written, and interpersonal communication skills in order to conduct on-site meetings with internal and external portfolio managers, and write and maintain risk analysis documents in a timely fashion.
- Ability to mentor analysts and associates
- Ability to lead the planning and execution of ad-hoc projects, with minimal oversight, and deliver process results and/or a clear conclusion
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:
$180,000 - $225,000
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[redacted]
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.