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 $1.1 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 Luxembourg Finance team and will report to the Head of Finance, Valuation and Risk Management, based in Luxembourg. He / she will lead the Risk Management team (based in Luxembourg and India), 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 a company to ensure compliance with regulatory requirements.
• Defining and maintaining fund and enterprise risk profiles.
• Contributing to 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: manage identified risks and potential breaches of investment restrictions and determine mitigation factors and corrective actions to be implemented.
• Supporting the launch of new investment structures.

Team management and strategic initiatives

• Managing the team: actively coaching, developing, leading in order to have a fully engaged and motivated team.
• Ensuring that responsibilities and tasks are appropriately assigned, including allocation of work within the offshore team.

• Leading and participating in re-engineering initiatives to drive enhancements and/or changes in processes.
• Leading and actively participating in global and local risk management initiatives and projects.
• Active and key role within the Luxembourg finance team in strategic and team meetings

Governance and reporting to senior management

• Ensuring a robust control environment for all risk management matters. Implementing and maintaining robust and effective risk management procedures, policies, systems, and governance processes.
• Coordinating and ensuring a timely delivery of high-quality risk management analysis and reporting to the senior management and governing bodies.
• Dealing with internal and external audit requests related to the risk management activity.
• Responsible for dealing with regulators for risk management matters.

Qualifications & Skills

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

• Master’s Degree in Finance, Economics 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 and strong knowledge of the local regulatory requirements applicable to the risk management activity.
• Proficiency in MS Excel and MS PowerPoint required. Strong appetite to use of technology, and to develop skills on new IT platforms.
• Superior leadership skills with ability to effectively lead, manage, coach and support staff with at least 4+ years of hands-on experience managing a team.
• Collaborative team player with confidence to build relationships and be the primary contact point for a range of senior stakeholders.
• Excellent communication skills, both written and verbal.
• Thinks strategically and is focused on the bigger picture; generates & executes creative solutions to challenges and new business initiatives. Experience in transformation initiatives, leading change projects, and designing processes and controls is a plus.
• Ability to multi-task and execute a wide range of assignments, strong time management skills, and attention to detail.
• Fluent in English, both written and oral.

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.