Legal & Compliance - Distribution Oversight, Associate

at  Blackstone

Legal & Compliance - Distribution Oversight, Associate
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 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. @blackstone on LinkedIn, Twitter, and Instagram.

JOB DESCRIPTION:

You will be part of the Luxembourg Distribution Oversight team, playing an important role in continuing to build and develop the function to genuine “Best in Class” standards. This position will report to the head of distribution oversight, with responsibility to provide wide-ranging support to the investor services team, as well as the EMEA compliance and AML teams.

QUALIFICATIONS:

• 3-5 years of experience in an oversight role (ideally distribution-related) or in the compliance and regulatory field within a fund manager or a reputable consulting firm
• Fluent in English, both written and oral
• Strong project management and report writing skills
• Natural ability to develop relationships, internally and externally
• Desire to work as part of a highly collaborative team in a fast-paced environment and willingness to embrace a variety of issues and devise solutions to problems
  All qualified applicants will receive consideration for employment without regard to race, color, 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.
Job ID 33017

RESPONSIBILITIES:

• Perform initial and periodic due diligence reviews on affiliated and non-affiliated distributors in accordance with BEFM’s risk-based approach and report results to internal stakeholders
• Perform ongoing monitoring of distributors, including through collection and review of KPIs
• Coordinate with legal counsel and internal stakeholders the review of distribution agreements
• Monitor marketing activities at the level of BEFM’s branches
• Oversee, with assistance of external parties, fund registration (incl. pre-marketing notifications) and fund maintenance (incl. KID updates) processes
• Assist with new product development and new distribution channels
• Assist with new fund onboarding from a distribution oversight perspective
• Assist with submission of documentation required for Internal and External Audits
• Assist with the preparation of documentation for submissions to the CSSF and other regulatory authorities
• Oversee timely payment of marketing-related invoices
• Act as a point of contact for distribution oversight matters to internal stakeholders
• Prepare reporting to senior management regarding distribution oversight matters
• Maintain and update the distribution oversight procedure

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