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

Description

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.

• 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
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.
• Communicate with external insurance company clients and internal client relationship teams to coordinate and prepare responses to client requests, portfolio inquiries, and other matters
• Ensure ongoing operational processes are operating effectively pursuant to standard operating procedures, including technology stack and broader reporting processes
• Facilitate commercial real estate loan closings and other transactions with insurance clients, internal Blackstone teams, and outside service providers
• Attending client meetings where you are discussing Blackstone products and/or and client questions;
• Oversee internal and external financial reporting of BREDS’ insurance portfolio across the business including operational data feeds, asset valuation handoffs, and portfolio analytics
• Structuring or creating Blackstone funds/products; and
• Marketing Blackstone funds to new or existing clients;
• Supervising or training securities licensed employees;

Requirements

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

Benefits

$160,000 - $250,000

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.

Training + Development

Interview process

Visa Sponsorship

Security clearance