Blackstone Credit & Insurance; BXCI) Reconciliations - Vice President

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at  Follow @blackstone on Linked In, X (Twitter), and Instagram.

BXCI Reconciliation - Vice President

Blackstone Credit & Insurance (BXCI) stands as a premier global credit investor, boasting a portfolio that encompasses private investment grade, asset-based lending, public investment grade, high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending, and opportunistic credit. Our mission is to deliver attractive risk-adjusted returns for both institutional and individual investors while empowering companies with the capital necessary for growth and resilience.

BXCI also excels in providing investment management services for insurers, leveraging our expertise in investment-grade private credit to enhance their ability to serve policyholders effectively. The BXCI Reconciliation team plays a pivotal role in supporting and growing our businesses by reconciling, cash and assets held with custodians, trustees and agents, identifying risks and inefficiencies, and ensuring accuracy and timeliness of the firm’s books and records.

The Reconciliation Vice President will help design, implement, and oversee the operation of the firm’s reconciliation framework across a broad range of focus areas including automation, risk management, governance, and performance tracking. This role presents an exciting opportunity to contribute to BXCI's mission while enhancing our operational control framework and fostering a culture of risk and control awareness throughout the organization.

• Manage the design, implementation, and change function associated with firm’s automated reconciliation platform
• Help design and implement enhanced completeness controls and measures.
• Identify gaps and inconsistencies in the performance of key reconciliation processes and develop and deliver solutions.
• Work closely with our offshore teams to develop training materials to help improve performance and capabilities across the teams.
• Design and implement automated measures to track key risks and identify inefficiencies.
• Manage the coordination of regular audit and quality assurance testing and play a leadership role in addressing related findings.
• Identify area for control and efficiency improvements across a wide range of reconciliation tasks and processes.
• Lead the creation and development of risk and control-related presentation materials for various governance forums.
• Cultivate and maintain strong relationships with key stakeholders across the organization, including business units, risk management teams, offshore teams, and senior leadership.
• Foster collaborative partnerships with the business.
• Undertake special projects and additional duties as required.

• A minimum of 10 years of experience in the financial services industry with direct experience with reconciliation processes.
• Strong working knowledge of credit and insurance products
• A university degree in business, finance, or a related field or equivalent experience.
• Exceptional communication, analytical, organizational, and project management skills.
• Communicate clearly and effectively, both verbally and in writing, with all levels of the organization, including process owners, corporate functions, internal auditors, and…