Blackstone Real Estate Debt Strategies; BREDS Finance & Operations, AVP

Blackstone Real Estate Debt Strategies (BREDS) Finance & Operations, Assistant Vice President

Job Description:

The BREDS Operations team is responsible for executing new investment and capital markets transactions across the BREDS business, as well as overseeing daily portfolio activities and cash flows.

• Assist with the operations of BREDS AUM and related transactions, including the firm’s publicly listed REIT, BXMT, private fund structures, single managed accounts, and insurance vehicles.
• Act as the primary finance and operations point person for BXMT and select private funds, partnering with investment professionals, asset management, portfolio management, internal and external counsel, and BREDS Finance teams to execute investment transactions and financing strategies.
• Support ongoing strategic initiatives and projects to scale finance infrastructure and facilitate the continued growth of the BREDS business.
• Supervise and support the BREDS dedicated portfolio company servicing and onboarding team, as well as the offshore operations team, and provide training to junior members as needed.
• Coordinate investment funding activities with the BREDS Asset Management team, including treasury, debt financing, and foreign currency considerations.
• Manage the operations of credit facilities across multiple BREDS vehicles, including processing future funding advances, repayments, compliance reporting, covenant monitoring, and fee calculations.
• Liaise with BREDS asset managers and the servicing and onboarding team through various loan lifecycle events, including modifications, extensions, workouts, and repayments.
• Review monthly and quarterly investment portfolio analytics and prepare reporting and insights for senior management.
• Ensure ongoing operational processes function effectively pursuant to standard operating procedures, including technology stack and broader reporting processes.

• Bachelor’s degree in Finance, Accounting, or a similar discipline (CFA and/or CPA designation is a plus).
• 6+ years of relevant experience in transaction services, private equity funds, consulting, public accounting, or other relevant real estate debt roles.
• Experience working in a dynamic environment requiring the execution of transactions as well as cross‑functional projects and strategic initiatives in support of a rapidly growing business.
• Self‑motivated with a strong work ethic and exceptional attention to detail.
• Excellent oral and written communication skills with the ability to communicate complex topics clearly to clients and investment professionals.
• Strong technology skills with a proactive and innovative mindset.
• Proficiency in Microsoft Excel.

Expected annual base salary range: $135,000 – $200,000. 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.

• Comprehensive health benefits, including medical, dental, vision, and FSA benefits.
• Paid time off.
• Life insurance.
• 401(k) plan.
• Discretionary bonuses.
• Potential eligibility for equity and other incentive compensation at Blackstone’s sole discretion.

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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  (US), +44 (0) (EMEA) or  (APAC).