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
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 - $175,000
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 roleconsist 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.
