The Blackstone Group

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 LinkedIn, Twitter, and Instagram.

Position Title

Internal Audit –Vice President (VP) – New York

Blackstone Internal Audit

Blackstone Internal Audit (BXIA) provides independent assurance to executive management and the Blackstone Audit Committee regarding the effectiveness of the Firm’s governance, risk management, and internal control processes. As a Vice President, you will play a vital role in audit planning, execution, annual risk assessments, and strategic initiatives, with a focus on our seven regional offices and global exposure across investment management, operations, finance, technology, and compliance.

Job Description

As a Vice President in BXIA, you will be deeply involved in the core activities of our internal audit function, including audit planning, execution, and strategic initiatives. This role offers a unique opportunity to gain exposure to key areas across Blackstone’s global business, including investment and asset management, risk management, operations, finance, technology, and compliance. You will work collaboratively with leaders across the Firm to strengthen our risk and control environment while championing a culture of innovation.

Key Responsibilities

• Annual Risk Assessment: Assist in the annual risk assessment process and drive the formation of the audit plan to ensure comprehensive risk coverage.
• Audit Program Development: Create audit work programs that align with the annual audit plan.
• Risk-Based Audits: Perform audits across Blackstone’s global platform, gaining insights into diverse businesses and functions.
• Control Evaluation: Identify and evaluate key controls, perform testing for effectiveness, document results, and develop corrective actions to mitigate risks and enhance operational efficiency.
• Data Analysis: Analyze data sets to identify anomalies and trends for continuous auditing.
• Reporting: Write detailed reports to management, communicating audit results, recommending action plans, and validating their implementation.
• Subject Matter Expertise: Leverage your industry experience to provide risk expertise for audit and advisory engagements.
• Relationship Management: Establish and maintain strong working relationships with leadership across Blackstone, enhancing understanding of their operating and risk environments.
• Process Improvement: Identify and implement opportunities to drive efficiency and effectiveness in audit processes.
• Team Development: Manage, develop, train, and mentor colleagues, assessing performance on audit engagements.
• Industry Engagement: Stay updated on industry trends, regulatory changes, and participate in events to enhance your skills and knowledge of the alternative asset management landscape.
• Innovation Champion: Foster a culture of innovation within the team.

Qualifications 

We seek candidates who are passionate about internal audit and risk management, with a strong understanding of the asset management industry. The ideal candidate will possess:

• Experience: 12+ years of audit, risk management, and/or compliance experience in financial services, with a focus on investment vehicles and strategies. Experience in alternative asset management (private equity, real estate, credit, hedge funds) highly preferred
• Education: Undergraduate/graduate degree in accounting, finance, economics, or a related field.
• Risk Knowledge: Proficient understanding of risks and controls in the alternative asset management industry, including global regulations.
• Leadership Skills: Proven track record of leading audits and providing actionable recommendations to stakeholders.
• Data Analytics: Experience using data analytics and visualization tools (e.g., Sigma, Tableau) for audit testing and risk monitoring.
• Technology Proficiency: Familiarity with Governance, Risk, and Compliance technology tools.
• Integrity & Objectivity: Professional integrity of the highest order, with a commitment to transparent communications.
• Project Management: Strong project management, organizational, and presentation skills.
• Intellectual Curiosity: Ability to stay informed on developments in technology risk, global markets, and the internal audit practice.
• Critical Thinking: Ability to think critically and strategically to develop innovative recommendations to mitigate risks and add value.
• Communication Skills: Excellent written and verbal communication skills, with strong interpersonal abilities to present complex technical issues to executive management.
• Attention to Detail: Strong analytical rigor and commitment to achieving the highest standard of care.
• Adaptability: Ability to thrive in a fast-paced environment while managing multiple priorities.
• Team Player: Enthusiastic approach to the role, with the ability to work well both individually and within a team.
• Credentials: MBA, CPA, CIA, CFA, or CISA credentials strongly preferred.

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:

$200,000 - $250,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.