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Blackstone Private Wealth – Client Services, Analyst
full-timeBethpage$90k - $125k

Summary

Location

Bethpage

Salary

$90k - $125k

Type

full-time

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About this role

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 $1.1 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 LinkedInX, and Instagram.

Blackstone Private Wealth was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world’s largest private banks and wealth management firms as well as family offices, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients as well as providing ongoing education, training, and support around alternatives.

Job Description:

Specific responsibilities include:  

  • Field operational inquiries from financial advisors & internal sales teams on Blackstone investment offerings.
  • Liaise with Blackstone business units, transfer agents, and other third-party service providers relating to client inquiries, problem resolutions, and reconciliations.
  • Project management across various groups within Blackstone Private Wealth to enhance collaboration and efficiencies.
  • Identify and document operational procedures for ongoing fund maintenance on various platforms.
  • Develop strong understanding of distribution partners’ operational platforms and processes and become resident Blackstone expert for advisors.
  • Assist financial advisors with problem resolution of account opening, maintenance items ,and other inquiries related to client onboarding, servicing, and client retention (deadlines, platform questions, redemptions, capital calls, distributions).
  • Assist in ad hoc projects / research to support Blackstone Private Wealth business initiatives.
     

Qualifications:

Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors.  The Investor Services Associate should exhibit strong technical and analytical skills. Candidates should be driven, detailed, and team-oriented individuals with innovative ideas and solutions and who thrive on challenges in a dynamic environment.

In addition, the successful candidate must meet the following qualifications:

  • Bachelor’s Degree
  • 2+ years of financial industry experience
  • Series 7 and Series 63, preferred
  • Strong Excel skills
  • Strong verbal and written communication skills
  • Strong attention to detail and accuracy
  • Strong problem analysis and resolution skills
  • Effectively identifies and summarizes issues and proposes recommendations
  • Works efficiently in a deadline driven environment
  • Highly driven and proactive; takes initiative
  • Effectively manages multiple projects simultaneously
  • Works well independently in a team‐oriented environment
  • Adaptable and collaborative
  • Strong understanding of the high net worth and financial advisor operating model
  • Knowledge of alternative investment funds and operational terms is helpful
  • Develops strong working relationships with colleagues, teams, and clients


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:

$90,000 - $125,000

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 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (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.

Other facts

Tech stack
Analytical Skills,Communication Skills,Attention To Detail,Problem Analysis,Project Management,Teamwork,Financial Industry Knowledge,Operational Procedures,Client Services,Alternative Investments,Excel Skills,Proactive Attitude,Time Management,Relationship Building,Adaptability,Collaboration

About Blackstone

Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than $1.1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 1985

What you'll do

  • The Analyst will field operational inquiries from financial advisors and internal sales teams, liaise with various business units, and manage projects to enhance collaboration. They will also assist financial advisors with problem resolution related to client onboarding and servicing.

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Frequently Asked Questions

What does Blackstone pay for a Blackstone Private Wealth – Client Services, Analyst?

Blackstone offers a competitive compensation package for the Blackstone Private Wealth – Client Services, Analyst role. The salary range is USD 90k - 125k per year. Apply through Clera to learn more about the full compensation details.

What does a Blackstone Private Wealth – Client Services, Analyst do at Blackstone?

As a Blackstone Private Wealth – Client Services, Analyst at Blackstone, you will: the Analyst will field operational inquiries from financial advisors and internal sales teams, liaise with various business units, and manage projects to enhance collaboration. They will also assist financial advisors with problem resolution related to client onboarding and servicing..

Why join Blackstone as a Blackstone Private Wealth – Client Services, Analyst?

Blackstone is a leading Financial Services company. The Blackstone Private Wealth – Client Services, Analyst role offers competitive compensation.

Is the Blackstone Private Wealth – Client Services, Analyst position at Blackstone remote?

The Blackstone Private Wealth – Client Services, Analyst position at Blackstone is based in Bethpage, New York, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Blackstone Private Wealth – Client Services, Analyst position at Blackstone?

You can apply for the Blackstone Private Wealth – Client Services, Analyst position at Blackstone directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Blackstone on their website.