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The associate will field operational inquiries from financial advisors and internal sales teams regarding Blackstone investment offerings. They will also manage projects to enhance collaboration and assist with account maintenance, onboarding, and client retention.
Candidates must possess a Bachelor's degree and at least 5 years of experience in the financial industry. Strong analytical skills, proficiency in Excel, and the ability to work effectively in a team-oriented environment are required.
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 www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
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.
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
5+ 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:
$130,000 - $175,000Actual 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.
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 $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 www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Offices: 345 Park Ave, New York, NY 10154, US
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