Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, Vice President

Overview

Finance & ops lead for BREDS portfolio, handling transactions, reporting, client coordination.

Key Responsibilities

• loan closings
• financial reporting
• data aggregation
• portfolio analytics
• process development
• client communication

Tasks

The BREDS Operations team is responsible for executing new investing and capital markets transactions across the BREDS business, as well as oversight of daily portfolio activities and cash flows. This newly-created role is focused on BREDS’ $43 billion of insurance company client capital under management (AUM), primarily commercial real estate loan investments. -Supervising or training securities licensed employees; -Facilitate commercial real estate loan closings and other transactions with insurance clients, internal Blackstone teams, and outside service providers -Communicate with external insurance company clients and internal client relationship teams to coordinate and prepare responses to client requests, portfolio inquiries, and other matters -Oversee internal and external financial reporting of BREDS’ insurance portfolio across the business including operational data feeds, asset valuation handoffs, and portfolio analytics -Assist the BREDS private loan operations team in developing Best-in-Class processes for data aggregation, client reporting, reconciliations, and loan level accounting on behalf of insurance capital -Primary finance and operational point person for BREDS insurance portfolio, partnering with investment professionals, asset management, portfolio management, and other counterparts across Blackstone to execute new client mandates and investment initiatives -Structuring or creating Blackstone funds/products; and -Attending client meetings where you are discussing Blackstone products and/or and client questions; -Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials. -Marketing Blackstone funds to new or existing clients; -Ensure ongoing operational processes are operating effectively pursuant to standard operating procedures, including technology stack and broader reporting processes

Requirements

• bachelor's
• cfa
• cpa
• excel
• insurance
• 8+ years

What You Bring

-Bachelor’s degree in finance, accounting, or a similar discipline (CFA and/or CPA is a plus) -Experience in the insurance or financial services industries is required -Proficiency in MS Excel is required; familiarity with Anaplan, Clearwater, or other portfolio operating systems is a plus -A self-motivated individual with a strong work ethic and attention to detail -Excellent oral and written communication skills; communicates complex topics clearly to clients and investment professionals -8+ years of experience in public accounting, transaction services, a private equity fund, consulting, or other relevant real estate debt roles -Proven skill to work in a dynamic environment that requires the execution of transactions as well as projects and initiatives in support of a rapidly growing business

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Benefits

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. $160,000 - $250,000

About Blackstone

-Began as a mergers & acquisitions advisory firm, founded in New York in 1985. -Operates across diverse sectors including real estate, private equity, and infrastructure. -Known for landmark transactions such as the acquisition of the Savoy Group and Merlin Entertainments. -Focuses on projects like building data centers and acquiring commercial properties. -Invests in themes like AI, life sciences, and energy transition under recent leadership. -Operates unique initiatives including in-house media production and employee-ownership programs.

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