Blackstone · 4 hours ago
Blackstone Credit & Insurance (BXCI) – Private Asset Servicing, VP
New York
Full-time
Onsite
Mid, Senior Level
$140K/yr - $250K/yr
7+ years expBlackstone is the world’s largest alternative asset manager, focused on creating positive economic impact and long-term value for investors. The VP of Private Asset Servicing within Blackstone Credit & Insurance will manage the lifecycle of private loans and securities, ensuring accuracy and timeliness while collaborating with various stakeholders.
Financial Services
Responsibilities
Manage and process the lifecycle of private loans and securities, ensuring accuracy and timeliness in all processing stages. This includes, but is not limited to, processing of new drawdowns, paydowns, PIK, amendments, interest, and fees for syndicated and bilateral deals
Act as a first point of escalation to both internal and external stakeholders
Understand accounting knowledge such as PNL, realized and unrealized, FX PNL, accrued interest on various assets being processed by the team
Oversee as needed the day-to-day activities of the global team in order to ensure tasks are fully complete, timely, and accurate. Review and action incorrect PNL changes
Collaborate with team members across multiple locations and departments to anticipate, reconcile, and resolve issues on a daily basis related to cash or position activity
Liaise with both internal and external parties (e.g., portfolio managers, Finance, Administrators, trustees, etc.) to ensure that SLAs are being met, including through the timely response to any queries and resolution of any issues. Utilize effective communication to provide clear direction as needed
Be responsible for routine operational tasks focused on creating and maintaining defined procedures and resolving complex problems that require investigation or research
Identify process gaps, perform root cause analyses, design and execute on creative solutions to support process streamlining with focus on promoting efficiency and enhancing our risk controls
Provide ongoing training and support for new team members as needed
Help to promote a professional culture focused on appropriate risk management and process efficiency across teams in multiple locations
Appropriately demonstrate consideration for Blackstone’s reputation, clients, and assets by driving compliance with applicable laws, rules, and regulations, adhering to policies, applying sound ethical judgment regarding behavior, conduct, and business practices, and escalating, managing and reporting control issues with transparency
Qualification
Required
Bachelor's/University degree or equivalent experience
Strong technical knowledge of various credit financial instruments including but not limited to private loans, revolvers, bonds, and equities
7+ years of experience in bank debt operations is required
Previous experience with Advent Geneva is required
Hands-on experience with reconciliations and lifecycle management of loans and securities
Strong problem solving and analytical skills; effectively analyzes problems
Strong leadership skills with proven record of effective execution and driving accountability
Excellent team player, who collaborates effectively across all levels of the firm
Strong risk and control mindset; escalates effectively
Strong verbal and written communication skills as the role requires engagement with multiple stakeholders, both internal and external
Proficiency and comfort with using MS Office (Excel, Word & PowerPoint). For Excel, leverage functions including, but not limited to VLOOKUP, Pivot Table, and IF functionality
Preferred
Previous knowledge of fund structures is preferred
Benefits
Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
Paid time off
Life insurance
401(k) plan
Discretionary bonuses
Equity and other incentive compensation at Blackstone’s sole discretion
Company
Blackstone
Blackstone is the world’s largest alternative asset manager.
1001-5000 employees
H1B Sponsorship
Blackstone has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (102)
2024 (52)
2023 (44)
2022 (11)
Funding
Current Stage
Late StageLeadership Team
Brad Marshall
Global Head of Private Credit Strategies, Co-CEO of BCRED/BXSL
jesse blackstone
SECURITY & EDUCATION CEO
Recent News
News Archives - Times Kuwait
2025-09-25
Hindu Business Line
2025-09-06
2025-09-03
Company data provided by crunchbase