Total 2 Internship finance supervisor job vacancies in The United States of America

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.

 

Company Overview

Blackstone Europe Fund Management S.à r.l. (BEFM) is a private limited liability company (société à responsibilité limitée) notably subject to the Law of 10 August 1915 on commercial companies, as amended from time to time and to the AIFM Law. BEFM is authorized by the Commission de Surveillance du Secteur Financier (CSSF) as (i) a management company under Article 101(2) (Chapter 15) of the Law of 17 December 2010 on undertakings for collective investment, as amended (the UCI Law) and (ii) an alternative investment fund manager in accordance with the Law of 12 July 2013 on alternative investment fund managers, as amended (the AIFM Law).

BEFM manages UCITS and alternative investment funds (AIFs) in a variety of asset classes including private equity, real estate, credit and hedge fund solutions. BEFM is also authorized to manage separately managed accounts (SMAs) with a combination of these asset classes.

Job Responsibilities

The role will be a senior member of the International Finance team and will report to the head of Finance, Valuation and Risk Management, based in Luxembourg. He / she will co-lead the Risk Management team, jointly with another Vice-President, responsible for:

Risk management

• Responsible for monitoring, assessing, and managing risks that may adversely impact BEFM and its managed funds:
  • Establishing and maintaining an effective and adequate risk management framework for managed funds and BEFM as company to ensure compliance with regulatory requirements.
  • Implementing and maintaining robust and effective risk management procedures, policies, systems, and governance processes.
  • Defining and maintaining fund and enterprise risk profiles.
  • Contributing in the production and review of fund and enterprise risk reports.
  • Due diligence on illiquid investment opportunities
• Responsible for the monitoring of compliance with investment restrictions. Collaborating and liaising with various departments, to manage identified risks and potential breaches of investment restrictions, and to determine mitigation factors and corrective actions to be implemented.
• Leading and actively participating in global and local risk management initiatives and projects.

Governance and reporting to senior management

• Ensuring a robust control environment for all risk management matters, to ensure compliance with all relevant obligations.
• Dealing with internal and external audit requests related to the risk management activity.
• Coordinating and ensuring a timely delivery of high-quality risk management analysis and reporting to the senior management and governing bodies.
• Reviewing and presenting results of the risk management monitoring to the Management Committee meetings and BEFM & Fund Board Meetings.
• Responsible for dealing with regulators for risk management matters (e.g., CSSF, CBI, ESMA).

Team management

• Effective and efficient operations: co-management of the BEFM Risk team, ensuring that responsibilities and tasks are appropriately assigned, including but not limited to, presenting and interaction with senior management, coordinating resources and deliverables, presentation reviews, procedure documentation and completion of ad hoc deliverables.
• Managing the team, actively coaching, developing, leading in order to have a fully engaged and motivated team.

• Leading and participating in re-engineering initiatives to drive enhancements, supporting the launch of new investment structures and the onboarding of delegates, and actively participating in Blackstone Technology operating and development priorities.
• Foster collaboration with local and offshore teams. Working closely with the other Blackstone teams to solve problems, achieve results and develop best practices.

Qualifications & Skills

Blackstone seeks to hire individuals who work well in a team, are highly motivated, with a sound judgment and have demonstrated excellence in prior endeavors.

• Master’s Degree in Finance, Economics, Accounting or similar discipline (CFA, CAIA, FRM being considered as an asset).
• +10 years of relevant financial services industry experience (including a prior experience in a Big 4 or similar and within an AIFM or Management Company) with deep understanding of risk management techniques and methods (i.e., value-at-Risk, stress testing, liquidity modeling, counterparty risk).
• Strong leadership skills with ability to effectively manage, coach and support staff (incl. onshore and offshore staff) with at least 4+ years of hands-on experience managing a team
• Strong knowledge of the local regulatory requirements applicable to the risk management activity subject to AIFMD and/or UCITS regulatory requirements (for Luxembourgish and/or Irish funds).
• Proficiency in MS Excel and MS PowerPoint required (ability to produce creative, compelling, detailed reporting materials). Strong appetite to use of technology, and to develop skills on new IT platforms.
• Collaborative team player with confidence to build relationships and be the primary contact point for a range of senior stakeholders.
• Fluent in English, both written and oral.
• Superior communication skills, both written and verbal, with the ability to communicate with stakeholders at all levels.
• Ability to adapt in a dynamic environment
• Thinks strategically and is focused on the bigger picture; generates & executes creative solutions to challenges & new business initiatives
• Ability to multi-task and execute a wide range of assignments, strong time management skills, and attention to detail
• Experience in transformation initiatives, leading change projects, and designing processes and controls

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.

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.

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. 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.

 

Company Overview

Blackstone Europe Fund Management S.à r.l. (BEFM) is a private limited liability company (société à responsibilité limitée) notably subject to the Law of 10 August 1915 on commercial companies, as amended from time to time and to the AIFM Law. BEFM is authorized by the Commission de Surveillance du Secteur Financier (CSSF) as (i) a management company under Article 101(2) (Chapter 15) of the Law of 17 December 2010 on undertakings for collective investment, as amended (the UCI Law) and (ii) an alternative investment fund manager in accordance with the Law of 12 July 2013 on alternative investment fund managers, as amended (the AIFM Law).

BEFM manages UCITS and alternative investment funds (AIFs) in a variety of asset classes including private equity, real estate, credit and hedge fund solutions. BEFM is also authorized to manage separately managed accounts (SMAs) with a combination of these asset classes.

Job Responsibilities

We are currently looking to hire an Associate for the BEFM Valuation team (BEFM Valuation), which is primarily responsible for the valuation of investments and the review of the NAV of the funds under BEFM management.

The role will be a key part of the International Finance team in Luxembourg and will report to the Luxembourg heads of Valuation team. It is part of a small team and therefore is a hands-on role.  Working closely with the other Finance teams globally, he/she will be responsible for the following areas, with an expertise focused on some fund strategies.

Valuation review (34%)

• Reviewing the investment committee memo in the context of the first-time valuation
• Reviewing the third-party valuation reports
• Reviewing the internal valuation material
• Produce investment valuation analysis at fund level and presentations to BEFM’s management team
• Lead discussions with Blackstone valuation teams
• Execute ad hoc projects and generate monthly and quarterly reporting for management team and Boards
• Assist in the Due Diligence of valuation teams

Financial reporting (33%)

• Reviewing the NAV and producing a NAV analytical review for management
• Reconciling investments portfolio with NAV
• Updating Finance database with key indicators at NAV frequency

Governance and reporting to senior management (33%)

• Participating to the new fund onboardings in the context of valuation and NAV matters
• Proposing improvements of the valuations and NAV processes, enhancement of procedures and processes as well as the use of offshore resources and technology
• Maintain and develop a strong collaboration with other teams
  • Manage responsibilities and tasks assigned to the offshore consultants
  • BEFM and Global Finance and Asset Management – develop collaboration with the US, APAC and EMEA teams to solve problems, achieve results and develop best practices
• Preparing management information for the Management Committee meetings and BEFM & Fund Board Meetings
• Other general administrative tasks.

Qualifications & Skills

Blackstone seeks to hire individuals who work well in a team, are highly motivated, with a sound judgment and have demonstrated excellence in prior endeavors.

• Master’s Degree in Finance, Economics, Accounting or similar discipline (CFA or CAIA a plus)
• +4 years of relevant financial services industry experience (including a prior experience in a Big 4 as a consultant or an auditor) with good understanding of alternative industry operations.
• Strong technical accounting skills, IFRS knowledge required
• Familiarity with a wide range of valuation approaches (e.g. Income, Market)
• Knowledge of the local regulatory requirements in relation to AIFM (e.g., circ. CSSF 18/698) and Luxembourg Funds (e.g., UCITS, UCI Part II (FCP, SICAV), SCSp, RAIF).
• Proficiency in MS Excel and MS PowerPoint required (ability to produce creative, compelling, detailed reporting materials). Strong appetite to use of technology.
• Analytical skills, intellectual curiosity and attention to detail
• Team player with resourceful mindset and efficiency-driven
• Fluent in English, both written and oral.
• Superior communication skills, both written and verbal, with the ability to communicate with stakeholders at all levels.
• Highly motivated individual with the ability to work on own initiative and manage competing priorities to tight reporting deadlines. 
• Highly organized, great attention to details and accountability for delivery.
• Proactive and able to suggest new efficient solutions.

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, age, disability, sexual orientation, national origin or any other category protected by law.

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.

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.