Legal & Compliance - Conflicts Clearance, AVP

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. 

The successful candidate for this position will assist in the firm’s conflicts clearance process and its restricted and/or watch lists and will play a significant role in the implementation and oversight of the firm’s information walls. The successful candidate will have strong analytical skills and judgment that will enable them to identify and address or escalate a wide variety of issues. The candidate must also possess substantial initiative and motivation that will allow them to assist with and adapt to an upgrade of the firm’s systems around conflicts clearance. In addition, this position will require working on other compliance-related initiatives such as the implementation of the firm’s market soundings policy and trade surveillance.

Responsibilities:

• Evaluating potential transactions to determine what names, if any, should be placed on the firm’s restricted and/or watch lists

• Communicating with other legal and compliance groups and deal teams to determine when companies should be added to or removed from the firm’s watch and/or restricted lists (e.g. MNPI/inside information assessment)

• Identifying potential transactional conflicts and escalating accordingly to the appropriate legal and business contacts

• Draft and coordinate firmwide responses to regulatory examinations

• Analyzing the firm’s touchpoints with companies to determine the existence of potential conflicts of interest

• Formulating recommendations for addressing potential conflicts of interest

• Documenting analysis for clearing conflicts

• Obtaining deal updates from the investment teams

• Evaluating and managing wall-crossing requests

• Reviewing trade pre-clearances from public side businesses

• Assisting with personal trading pre-clearances as needed

• Enhancing the firm’s systems for documenting conflicts checks and the restricted and/or watch lists

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition, candidates should meet the following qualifications:

• Bachelor’s degree or equivalent

• 5+ years of work experience at a major financial services firm in the control room and/or conflicts management group, or in a relevant legal and compliance role required

• Experience responding to regulatory inquiries, including but not limited to FINRA and the SEC

• Strong analytical and issue-spotting skills

• Communicates confidently and effectively

• Works well independently but is still a strong team player

• Substantial initiative, creativity, and drive

• Attention to detail

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:

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.