BAAM - Middle Office Operations, Analyst

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Job Description:

BAAM - Middle Office Operations, Analyst

Firm Overview:

Blackstone is one of the world's leading investment firms. 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 $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone.

Business Unit: BAAM

Business Description:

Blackstone Alternative Asset Management (BAAM®) manages approximately $82 billion across a diversified set of businesses, including a customized portfolio solutions business, a special situations platform, a business that purchases GP stakes in alternative asset managers, an open-ended mutual fund platform, and an emerging manager seeding business. BAAM invests across a variety of asset classes and strategies to create solutions for its investors. Through its sharp focus on clients' goals, a rigorous due-diligence process and access to Blackstone's global insights, BAAM strives to generate attractive risk-adjusted returns across market cycles while mitigating downside risk during stressed market environments.

Job Title: Analyst

Job Description:

The Middle Office Operations Group is responsible for the processing, executing and reconciling for all underlying Hedge Fund investments for BAAM's 200+ entities. The group performs cash flow analysis for each BAAM entity working in coordination with the investment and legal teams to aide in the investment process. Additionally, the group assists in the oversight and management of the external custodian relationships. The team also works on special projects with others teams and plays a key role in the communication flow of information between other groups.

Responsibilities will include:

  • Preparation of trade instructions and communication for monthly trading activity
  • Execution and reconciliation of monthly trading activity to hedge fund managers and custodians
  • Daily reconciliation of cash
  • Maintaining transaction data in internal systems
  • Daily interaction and communication with custodians
  • Daily interaction with the investment, legal, compliance and client teams
  • Assisting in cash projection of 200+ portfolios
  • Preparing and reviewing cash payment instructions for daily transaction activity of investment vehicles
  • Processing and monitoring borrowing activity, interest costs and fee calculations associated with financing lines of credit
  • Analysts are expected to understand the context and execution of investment decisions, and should contribute to the ongoing process improvement


Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.

Candidates should have at least 1 year of industry experience. Candidates should exhibit strong technical and analytical skills as well as exceptional communication skills. Candidates should be energetic, self-motivated, team-oriented individuals with fresh ideas and innovative solutions who thrive on challenge in a fast-paced, dynamic environment. The comparatively small size of this group offers analysts an opportunity to liaise with various teams across the BAAM platform.

Candidates should also have:

  • Ability to multitask to meet numerous deadlines in a fast paced, dynamic environment
  • Strong communication and organizational skills
  • Strong technology skills with good knowledge in working with excel and power point
  • Ability to summarize issues and develop recommendations

If you need a reasonable accommodation to complete your application, please contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

The Blackstone Group and its affiliates provide equal employment opportunity to all qualified employees and applicants for employment regardless of 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 classification prohibited by applicable law.

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