The Blackstone Group LP

Internal Audit - Associate

The Blackstone Group LP$105K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of experience in internal audit, risk management, compliance, or related roles in financial services or regulated industries.
  • Undergraduate or graduate degree in accounting, finance, business, economics, or related field.
  • Working knowledge of risk and internal control frameworks (e.g., COSO, SOX).
  • Strong interest in internal audit and risk management in the alternative asset management industry.
  • Understanding of global financial services regulations affecting business and operational risk.
  • Experience in performing audit procedures, including testing and documentation of results.
  • Excellent written and verbal communication skills, with strong interpersonal abilities.

Responsibilities

  • Perform risk-based audits of operational processes across Blackstone's global businesses.
  • Identify and evaluate operational controls, documenting findings and developing corrective actions.
  • Develop effective relationships within the firm, communicating control improvement opportunities.
  • Assist in the annual risk assessment and the development of the audit plan.
  • Support the management of the internal audit risk assessment framework and risk registers.
  • Stay current on industry trends and regulatory developments that impact the firm's risk profile.
  • Participate in events to enhance professional skills and knowledge of the industry.

Benefits

  • Comprehensive health benefits including medical, dental, vision, and FSA.
  • Paid time off and life insurance benefits.
  • 401(k) plan with company contributions.
  • Discretionary bonuses based on performance.
  • Eligibility for equity and incentive compensation.
Full Job Description

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.

Position Title

Blackstone Internal Audit (BXIA) Associate – New York

Job Description

Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm’s governance, risk management, and internal control processes. We are seeking a highly motivated professional to join our Internal Audit team.

The Internal Audit Associate will be involved in the core activities undertaken by BXIA, including audit planning and execution, annual risk assessments, SOX assurance, advisory activities, and contributing to department wide strategic initiatives. The role will offer exposure to key areas, including investment and asset management, risk management, operations, finance, and compliance, and offers the opportunity to further develop technical audit skills, enhance business acumen, and gain exposure to the Firm’s global operations.

Key Responsibilities

The Internal Audit Associate will support the execution of internal audits and related activities. Responsibilities may include, but are not limited to:

  • Perform risk‑based audits and reviews of key operational processes and controls across Blackstone’s global businesses, products, regions, and enterprise functions.
  • Identify and evaluate key operational controls, including performing testing for design and operating effectiveness, documenting results, identifying findings as applicable, and developing corrective actions or operational enhancement opportunities that mitigate risk, drive efficiency, and add value.
  • Develop and maintain effective working relationships across the firm, communicate control improvement opportunities, and maintain an understanding of key firm‑wide initiatives and strategic priorities.
  • Assist in the annual risk assessment process and contribute to the development of the annual audit plan by providing input and perspective on current business, industry, and regulatory risk factors.
  • Support in the development and management of the global internal audit risk assessment framework, including the ongoing management of risk registers and control libraries
  • Stay current on evolving industry trends, regulatory developments, and external events that may impact the firm’s risk profile.
  • Participate in firm‑sponsored and industry events to enhance professional skills and deepen understanding of the alternative asset management industry.

Qualifications

BXIA seeks to attract and develop best‑in‑class talent from professional backgrounds, including finance, technology, risk management, operations, and compliance. The ideal candidate will demonstrate a strong understanding of the alternative asset management business, a history of cultivating strong working relationships, and working collaboratively in a fast‑paced environment.

Successful candidates will also demonstrate adaptability, attention to detail, and strong problem‑solving skills. The relatively small size of the group offers the opportunity to gain significant exposure across the Blackstone platform. Additional qualifications demonstrated by successful candidates include:

  • Experience: 2+ years of experience in internal audit, risk management, compliance, or a related role within financial services or another highly regulated industry.
  • Education: Undergraduate or graduate degree in accounting, finance, business, economics, or a related field.
  • Risk and Controls Knowledge: Working knowledge of risk and internal control frameworks and control concepts (e.g., COSO, SOX), including process‑level controls, governance practices, and public company ICFR expectations.
  • Subject Matter Interest: Strong interest in internal audit, risk management, and control evaluation within the financial services or alternative asset management industry.
  • Risk and Regulatory Awareness: Understanding of key global financial services regulations and how regulatory and industry developments impact business and operational risk.
  • Audit Execution: Experience performing audit procedures, including walkthroughs, testing of design and operating effectiveness, documentation of results, identification of issues, and evaluation of root causes.
  • Analytical Thinker: Strong problem‑solving and critical‑thinking abilities.
  • Collaborative: Work effectively as part of a team and contribute to shared objectives.
  • Strong Communicator: Excellent written and verbal communication skills, combined with strong interpersonal skills and presenting complex issues to executive management in clear, straightforward terms.
  • Organized: Manage multiple tasks, prioritize effectively, and meet deadlines.
  • Technologically Proficient: Working knowledge of Microsoft Office Suite; familiarity with data analytics, visualization tools, generative AI, and/or audit or GRC platforms is a plus.
  • Integrity‑Driven: Demonstrated professional integrity and objectivity, remaining free from undue influence and a commitment to transparent communication.
  • Intellectual Curiosity: Intellectual curiosity and staying current on developments in risk, global markets, the firm’s business, and internal audit practices.
  • Certifications (Preferred): CPA, CIA, CFE, or other relevant industry certifications preferred.


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:

$105,000 - $150,000

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.

About The Blackstone Group LP

Blackstone Asia is a Strategic Intelligence, Integrated Operation Agency Services and Tech Venture Group, the Information Communication and Technology (ICT) company with strong focus on strategy, communication, digital campaign, social media marketing, cyber defence, and intelligence software development based in New York, USA and Jakarta, Indonesia.

The Blackstone Group LP Careers

Join the dynamic team at The Blackstone Group LP, a premier global investment and advisory firm. With a robust portfolio of businesses and investments, there has never been a more exciting time to explore job opportunities with us. As a leader in financial innovation and asset management, we offer a platform where skills meet challenge and excellence. Work You’ll Do At The Blackstone Group LP, you will be part of a culture that thrives on leadership, professional growth, and diversity training. Our team is composed of highly skilled professionals who lead the industry not just in financial acumen but in ethical leadership and innovative solutions. Here, your career will be fueled by continuous learning and growth opportunities, supported by our substantial resources and unique position in the marketplace. Join our market-leading team to help redefine industries through strategic investment and high-caliber advisory services. At The Blackstone Group LP, you will transform businesses and drive success in a landscape ripe for innovation. Be Part of a Great Team Working with The Blackstone Group LP means being part of a global network of professionals dedicated to maintaining and extending our leadership in the financial sector. Our team benefits from unparalleled capabilities, a commitment to diversity, and a culture that prioritizes teamwork and respect. Future-Proof Your Career Embark on a career path that lets your ambition soar. The Blackstone Group LP offers a myriad of job opportunities, from internships to full-time positions, each providing a unique chance to develop your skills. With our extensive training programs and mentorship offerings, you are equipped to succeed in today’s competitive job market and beyond. Explore Discover how The Blackstone Group LP leads the way in creating value for investors and businesses worldwide. From enhancing operational efficiency to pioneering new financial models, see how your work can contribute directly to our global success. The Blackstone Group LP Employment Experience Our commitment to innovation and growth extends to our hiring practices. We seek curious, driven, and versatile team players who are ready to take on challenges and make an impact. Explore our open positions that match your skills and interests. We look for individuals eager to drive their own career forward and who are ready to make significant contributions to the financial landscape. Stay Connected Join Our Team Search for job opportunities that align with your skills and career ambitions. At The Blackstone Group LP, we value curiosity, innovation, and efficiency. Browse our current openings and find out where you fit into our exceptional team. Keep Up to Date Stay informed with the latest insights from within The Blackstone Group LP and the broader financial world. Our careers blog offers tips, industry news, and professional development resources to help you stay ahead in your career. Job Alert Emails Customize your experience by subscribing to job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at The Blackstone Group LP. Join The Blackstone Group LP today and be part of a team that is shaping the future of the financial industry. Your journey towards a fulfilling and impactful career starts here.
Learn more about The Blackstone Group LP
Size
3,795 employees
Market Cap
$88.7 billion
Industry
Net Income
$1 billion
Founded
1985
5 Year Trend
+34.4%
Revenue
$6.1 billion
NASDAQ

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