Blackstone Credit & Insurance(BXCI) Reconciliations - Vice President

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at . Follow @blackstone on LinkedIn , X (Twitter) , and Instagram .

Job Title: BXCI Reconciliation - Vice President

Position Overview:

Blackstone Credit & Insurance (BXCI) stands as a premier global credit investor, boasting a portfolio that encompasses private investment grade, asset-based lending, public investment grade, high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending, and opportunistic credit. Our mission is to deliver attractive risk-adjusted returns for both institutional and individual investors while empowering companies with the capital necessary for growth and resilience. BXCI also excels in providing investment management services for insurers, leveraging our expertise in investment-grade private credit to enhance their ability to serve policyholders effectively.

The BXCI Reconciliation team plays a pivotal role in supporting and growing our businesses by reconciling, cash and assets held with custodians, trustees and agents, identifying risks and inefficiencies, and ensuring accuracy and timeliness of the firm’s books and records. The Reconciliation Vice President will help design, implement, and oversee the operation of the firm’s reconciliation framework across a broad range of focus areas including automation, risk management, governance, and performance tracking.

This role presents an exciting opportunity to contribute to BXCI's mission while enhancing our operational control framework and fostering a culture of risk and control awareness throughout the organization.

Key Responsibilities:

· Manage the design, implementation, and change function associated with firm’s automated reconciliation platform

· Help design and implement enhanced completeness controls and measures.

· Identify gaps and inconsistencies in the performance of key reconciliation processes and develop and deliver solutions.

· Work closely with our offshore teams to develop training materials to help improve performance and capabilities across the teams.

· Design and implement automated measures to track key risks and identify inefficiencies.

· Manage the coordination of regular audit and quality assurance testing and play a leadership role in addressing related findings.

· Identify area for control and efficiency improvements across a wide range of reconciliation tasks and processes.

· Lead the creation and development of risk and control-related presentation materials for various governance forums.

· Cultivate and maintain strong relationships with key stakeholders across the organization, including business units, risk management teams, offshore teams, and senior leadership.

· Foster collaborative partnerships with the business

· Undertake special projects and additional duties as required.

Education & Experience:

· A minimum of 10 years of experience in the financial services industry with direct experience with reconciliation processes.

· Strong working knowledge of credit and insurance products

· A university degree in business, finance, or a related field or equivalent experience.

· Exceptional communication, analytical, organizational, and project management skills.

· Communicate clearly and effectively, both verbally and in writing, with all levels of the organization, including process owners, corporate functions, internal auditors, and senior management.

· A strong team player who is receptive to listening, understanding, and collaborating with senior management when introducing new ideas or change recommendations.

· Work independently with minimal supervision.

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:

$150,000 - $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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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 contact Human Resources at View phone number on aiapply.co (US), View phone number on aiapply.co (EMEA) or View phone number on aiapply.co (APAC).

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.