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Legal & Compliance - Conflicts Clearance, SVP

Blackstone

Blackstone

Legal
Houston, TX, USA · London, UK
Posted on Jun 12, 2024

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.


The successful candidate for this position will report to the global head of the conflicts clearance team and will assist in the management of the firm’s conflicts clearance processes and the implementation, maintenance and oversight of the firm’s information walls. The successful candidate will have substantial analytical skills and judgment that will enable him or her to identify, escalate, and resolve a variety of complex conflicts issues. The candidate must also possess substantial initiative and drive that will allow him or her to assist with the upgrading and integration of the firm’s conflicts clearance and related technology systems. In addition, this position will require working on other compliance-related initiatives.

Responsibilities:

Key responsibilities would include:

  • Provide support/leverage to global head of conflicts clearance team.

  • Evaluate potential transactions to determine what names, if any, should be placed on the firm’s restricted or control lists

  • Provide critical support to the global head of conflicts clearance team

  • Serve as the conflict clearance team’s primary point of contact for the EMEA/APAC regions

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

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

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

  • Formulate recommendations for addressing potential conflicts of interest

  • Document analysis for clearing conflicts

  • Obtain deal updates from the investment teams

  • Evaluate and manage wall-crossing requests

  • Review trade pre-clearances from public side businesses

  • Assist with personal trading pre-clearances as needed

  • Enhance the firm’s systems for documenting conflicts checks and the restricted list/watch list

  • Draft and coordinate firmwide responses to regulatory examinations.

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition, Blackstone is seeking the following for this position:

  • Bachelor’s degree or equivalent

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

  • Experience responding to regulatory examinations and inquiries

  • Strong analytical and issue-spotting skills

  • Ability to communicate confidently and effectively

  • Ability to work independently but still be 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.


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.