Bxci, Middle Office, Treasury Operations - London, United Kingdom - Blackstone Group

Blackstone Group

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

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 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

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Blackstone Credit

Blackstone Credit is one of the world's largest credit-focused asset managers. Blackstone's Credit and Insurance segment has $319 billion in AUM.

Blackstone Credit seeks to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans.

Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments.

Blackstone Credit Treasury Team manages cash and portfolio financing for BDCs, Drawdown Funds and Structured Products Funds investing in privately Originated Debt, Bank Loans, Corporate Bonds, Structured Credit, Distressed Debt, CDS and Equities

Primary responsibilities include:

cash management, wire control and funding; portfolio financing and capital optimization; liquidity risk assessment, collateral management and counterparty risk exposure management; relationship management of bank and financing counterparties; regulatory and investor reporting; cash forecasting; systems implementation.

Responsibilities:

Coordinate with Deal Coordination Team/IRBD/Finance on funding mechanics

- using cash on hand, leverage facility (ABL or subscription line), capital call

Daily management of cash and liquidity activities for the various entities, including credit facility draws, repayments and interest/waterfall payments
Forecast cash flow, borrowing needs and available funds for investments
Ensure timely execution of wire payments adhering to strict cutoff times
Review cash movement activity, including wire instructions and agent notices
Partner closely with BXC deal team, finance team and capital markets team on Treasury needs globally
Manage resources in our Center of Excellence (CoE) in India and provide hands on support to Treasury team
Provide middle and back office support for deal funding and trade settlements
Manage and update internal/external standard settlement instructions as required
Coordinate Know Your Customer refreshes with our banking partners
Assist on new business initiatives and any special projects that may arise

Requirements:

Experience leading activities including new Treasury Management System implementations, enhancements, modifications, integrations, and project management
Experience managing operational aspects of leverage facilities
Product knowledge in fixed income, bank debt and private credit
Previous experience using Treasury Management Workstation and SWIFT payment processing and reporting
Previous experience using Geneva or other accounting systems
Previous experience with alternative asset management company focused on credit investments
Proficient with Microsoft Office Suite, including Advanced Excel, Word and PowerPoint
Demonstrated ability to quickly learn new systems and processes
Demonstrated ability to enhance current process and drive improvements
Ability to multitask in a dynamic environment with multiple priorities

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.

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.