Institutional Client Solutions - Onboarding Coordinator, Associate

Reposted 18 Days Ago
Be an Early Applicant
New York, NY
In-Office
145K-160K Annually
Mid level
Fintech
The Role
Manage the onboarding process for institutional investors, including document reviews, coordination with multiple teams, and process improvement. Maintain records and track progress, addressing any bottlenecks promptly.
Summary Generated by Built In

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 LinkedInX, and Instagram.

Blackstone is seeking highly motivated, detail-oriented professionals to join its new ICS Fund Onboarding team. Sitting at the center of the firm’s institutional fundraising efforts, this team will orchestrate the end-to-end onboarding experience for global institutional investors across flagship and bespoke Blackstone strategies and operates across time zones and geographies.

The team will manage the end-to-end onboarding process for institutional investors in our funds. You will review subscription documents, work directly with investors and their advisors to complete them, and coordinate formal reviews with AML and tax teams. You will also work closely with Finance/Operations across groups, Legal & Compliance (L&C), Institutional Client Solutions (ICS), and external counsel.

This is a unique opportunity to help rethink how institutional onboarding is delivered at scale.  This role is also a chance to improve how we work and to partner with technology providers to make onboarding faster and simpler.

Responsibilities

Own the onboarding process from investor commitment through close across multiple funds, jurisdictions, and time zones.

  • Review subscription agreements and related documents, identify gaps, coordinate investor edits and signatures, and work directly with investors and their advisors to completion.
  • Route, coordinate, and track AML/KYC and tax reviews to sign-off; ensure all regulatory checks are completed.
  • Apply internal policies during onboarding.
  • Coordinate internally with Finance/Operations, Legal & Compliance (L&C), Tax, and Institutional Client Solutions (ICS), and externally with counsel and advisors to resolve questions and keep timelines on track.
  • Maintain accurate investor data and records; perform reconciliations and exception tracking.
  • Track milestones to close, provide clear status updates to stakeholders, and escalate issues promptly.
  • Support routine audits.
  • Identify bottlenecks and risks early, raise issues to the right teams, and drive them to resolution.
  • Improve processes, define simple metrics and service levels, and pilot tools such as e-signature, digital forms, and workflow trackers to reduce errors and cycle time.

Qualifications

  • 3+ years of financial industry and operational experience with a strong understanding of alternatives.
  • Exceptional verbal and written communication skills
  • Performs well at a high-level within a dynamic team culture with a focus on excellence
  • Proficient in Microsoft Office, particularly Excel and PowerPoint.
  • Builds strong working relationships with colleagues, teams, and clients globally
  • Attention to detail and accuracy
  • Problem analysis and resolution skills
  • Effectively identifies & summarizes issues & proposes recommendations
  • Highly motivated, proactive, and takes initiative
  • Effectively manages multiple projects simultaneously
  • Works well independently in a team‐oriented environment
  • Bachelor’s degree required


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:

$145,000 - $160,000

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.
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 Blackstone’s 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.

Top Skills

Excel
MS Office
PowerPoint
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The Company
HQ: New York, NY
4,671 Employees
Year Founded: 1985

What We Do

Blackstone is one of the world’s leading investment firms. 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 asset management businesses include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone.

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