New York, USA
55 days ago
Private Funds Compliance Manager - Legal & Compliance, Private Equity

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 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 @blackstone on LinkedIn, Twitter, and Instagram.
 

With $139 billion of assets under management, Blackstone’s corporate private equity business has been a global leader since 1985. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent. We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders.    

The Compliance Manager will work on a variety of compliance matters pertaining to Blackstone’s Private Equity funds. Primary job responsibilities will include:

Work closely with the investment team and other key internal stakeholders to provide broad support for the compliance program for Blackstone’s Private Equity business, team members, and investment portfolio consistent with applicable laws and regulations (with particular focus on the U.S., U.K. and European Union)

Coordinate across business unit and corporate teams to prepare regulatory reports and filings (e.g., Form ADV, Form PF, Reg D, AIFMD and Annex IV) and to perform annual 206(4)-7 compliance review (including for Blackstone’s Life Sciences group).

Provide compliance coverage for Private Equity’s fundraising efforts, including fund registrations, the review of private placement memoranda and the negotiation of certain LP side letter provisions

Help develop, revise, and maintain compliance and regulatory policies, procedures and controls taking into account the specific needs of the Private Equity business, firm-wide policies and practices, and evolving legal and regulatory requirements

Assist with compliance testing and coordination with an outside compliance consultant for testing, including in connection with Private Equity’s annual compliance review

Reviewing and processing wall-cross requests and assisting with the administration of the firm’s internal information walls

Ensure compliance with investor side letter obligations

Serve as the primary point of escalation for matters pertaining to fund marketing and LP communications

Assist with the preparation of quarterly and annual LP disclosures and provide compliance support for periodic investor reporting

Oversee responses to third-party AML, KYC and sanctions compliance requests pertaining to the Private Equity funds and their investments

Support selected firm-wide legal and compliance initiatives

Qualifications:

6+ years of professional compliance and or law firm experience (preferably covering asset management or at a regulatory consulting firm)

Experience with private funds and related regulatory filings

Possess interest in financial markets and compliance processes with an ability to step in and work directly with business stakeholders

Highly motivated, enthusiastic, proactive, intelligent, and proven excellence in prior endeavors

Strong time and task management skills; possesses an ability to manage multiple priorities and raise issues in a timely and productive fashion

Strong skills in Microsoft Office suite

Team player

Strong organizational and communication skills, as well as a demonstrated ability to write effectively

Desire to work as part of a collaborative team and willingness to embrace a variety of matters


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:

$130,000 - $160,000

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@Blackstone.com.

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.

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