Legal & Compliance Real Estate, VP

Blackstone

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profile Job Location:

Miami, FL - USA

profile Monthly Salary: $ 165000 - 250000
Posted on: 16 hours ago
Vacancies: 1 Vacancy

Job Summary

Blackstone is the worlds 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 onprivate 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 information is available at . Follow @blackstone onLinkedInX andInstagram.

Business Unit:

Real Estate / Legal & Compliance

Business Unit Overview:

Blackstone is a global leader in real estate investing. Blackstones real estate business was founded in 1991 and has US $315 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally owning and operating assets across every major geography and sector including logistics data centers residential office and hospitality. Our opportunistic funds seek to acquire undermanaged well-located assets across the world. Blackstones Core business invests in substantially stabilized real estate assets globally through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses providing comprehensive financing solutions across the capital structure and risk spectrum including management of Blackstone Mortgage Trust (NYSE: BXMT).

Job Description:

Blackstone is seeking a Vice President for the Real Estate Legal and Compliance team in New York. The candidate will support the Real Estate funds serving as an important nexus between the Blackstone fund formation attorneys the Blackstone Real Estate transaction attorneys and the Blackstone Real Estate Legal and Compliance team. The candidate will also work cross-functionally across the Real Estate business and will collaborate with the Real Estate Acquisitions Asset Management Institutional Client Solutions Group Tax and Finance teams.

Responsibilities:

  • Draft and review private placement memoranda working with institutional client group and portfolio management on business content and managing outside fund counsel in production
  • Review and provide input on compliance and operations-related investor side letter provisions in connection with fundraisers
  • Liaise with US and Luxembourg AML teams on AML reviews of prospective and existing investors
  • Prepare implement and maintain fund-specific policies and procedures (i.e. excuse rights transfer redemption NAV valuation policies and procedures)
  • Oversee compliance function in connection with acquisitions and dispositions including appropriate documentation of allocation of investment and co-investment opportunities identification and communication of potential investor excuse rights and adherence to fund investment limitations
  • Provide day-to-day support to fund accounting tax and portfolio management teams in interpreting and applying limited partnership agreement and side letter contractual obligations
  • Assist institutional client group and portfolio management in facilitating investor fund transfer and conversion requests
  • Conduct quarterly review and confirmation of compliance with limited partnership agreement and investor side letter obligations
  • Coordinate annual compliance meetings for each of the currently investing funds to review limited partnership agreement and investor side letter obligations and certain key topics with outside fund counsel Blackstone fund formation attorneys Institutional Client Solutions Group Tax and Finance teams
  • Support Real Estate Legal and Compliance team in preparing Form D Form PF AIFMD and Form ADV and other regulatory filings and ensure timely submission
  • Oversee and manage junior Real Estate Legal and Compliance team members in execution of above responsibilities

Qualifications:

Blackstone Real Estate Legal and Compliance seeks to hire individuals who are detail-oriented process-driven and have a genuine desire to learn and grow in a collaborative team-based setting. The successful candidate should have:

  • JD preferred
  • Minimum of six years of relevant experience
  • Strong team player with a desire to contribute to a collaborative work environment
  • Exceptional experience to independently manage disparate workstreams
  • Strong work ethic sound judgement initiative creativity and drive


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.

Expected annual base salary range:

$165000 - $250000

Actual base salary within that range will be determined by several components including but not limited to the individuals 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.

Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits including but not limited to medical dental vision and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstones 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 (US) 44 (0)(EMEA) or(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.


Required Experience:

Exec

Blackstone is the worlds 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...
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Blackstone is the world’s largest alternative asset manager, serving institutional and individual investors by building strong businesses positioned to deliver lasting value.

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