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 $1.1 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, X, and Instagram.

Job Description

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 Description

We are currently looking to hire an Assistant Vice-President for the BEFM Valuation team (BEFM Valuation), which is primarily responsible for the review of the valuation of investments of the funds under BEFM management.

Responsibilities

The role will be a key part of the International Finance team in Luxembourg and will report to the Luxembourg head of Valuation team. Working closely with the other Finance teams globally, he/she will be accountable for delivering comprehensive and precise reports to governance bodies and will oversee the execution of the valuation process in relation to various fund strategies.

Investments valuation review

• Reviewing the investment committee memos and calibrations
• Reviewing the internal valuation materials and the third-party valuation reports
• Reviewing investment valuation analysis at fund level and documenting the review
• Ensuring investments portfolio is reconciled with NAV
• Completing due diligence on Blackstone valuation teams
• Ensuring the database is updated with the relevant information resulting from the valuation reviews

Governance and reporting to senior management

• Valuation framework, policies and procedures: Leading in maintaining and enhancing an effective framework, including strategic updating and reviewing policies and procedures, to align with the latest regulatory requirements and industry best practices
• Participating to the new fund onboardings in the context of valuation matters
• Responsible for the preparation of materials and reports for key stakeholders such as Management Committee and Boards
• Other ad-hoc projects and general administrative tasks

Team management

• Transformation and digitalization: Proposing and driving improvements of the valuation processes, enhancement of procedures and processes as well as the use of offshore resources and technology
• Manage responsibilities and tasks assigned to the offshore consultants
• Provide individualized coaching and support to team members (analysts/associates) to enhance their performance and professional development. Foster a culture of continuous learning and development within the team, encouraging self-reflection and growth. Monitor team performance, track progress towards goals, and provide regular feedback and coaching to team members.

Qualifications & Skills

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

• Master's Degree in Finance, Economics, Accounting or similar discipline (CFA or CAIA is a plus)
• +7 years of relevant financial services industry experience (including a prior experience in a Big 4) with good understanding of alternative industry operations
• Demonstrated expertise in valuation methodologies and practices, combined with strong leadership skills to effectively support the management and organization of the team in a fast-paced environment
• Exceptional organizational and documentation abilities, with a proven capacity to structure workflows, maintain accurate records, and ensure high-quality deliverables across all valuation projects
• Knowledge of the local regulatory requirements in relation to AIFM and Luxembourg Funds
• Proficiency in MS Excel and MS PowerPoint required, strong appetite to use of technology
• Analytical skills, intellectual curiosity and attention to detail
• Team player with resourceful mindset and efficiency-driven
• Hands-on professional comfortable operating in a small, dynamic team
• Fluent in English, both written and oral
• Superior communication skills, both written and verbal, with the ability to communicate with stakeholders at all levels
• Highly motivated individual with the ability to work on own initiative and manage competing priorities to tight reporting deadlines
• Highly organized, great attention to details and accountability for delivery.
• Proactive and able to suggest new efficient solutions.

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.