Legal & Compliance - AML & Conflicts Clearance, Associate / AVP

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 $ 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 . Follow @blackstone on  ,  , and  .

Business Description :

This role will work within the Global AML team and the Conflicts Clearance team to support the maintenance and development of the Global AML program and the firm's conflicts clearance process.

Job Description :

The successful candidate will play a significant role in both the conflicts clearance process and the Global AML program. Responsibilities will include :

Conducting sanctions and adverse news screening for prospective clients and related parties (, directors, signatories, and beneficial owners) using third-party vendor tools and public sources to identify adverse media, sanctions risks, and politically exposed persons (PEPs).

Evaluating potential transactions to determine which names should be placed on the firm’s restricted or watch lists.

Reviewing and documenting Customer Identification Requirements (CIP) and Know Your Customer (KYC) requirements for new investors.

Communicating with legal and compliance groups and deal teams to assess when companies should be added to or removed from watch lists and restricted lists (, MNPI / inside information assessment).

Reviewing and dispositioning daily alerts in the proprietary database.

Identifying potential transactional conflicts and escalating them to the appropriate legal and business contacts.

Drafting and coordinating firmwide responses to regulatory examinations.

Analyzing the firm’s touchpoints with companies to identify potential conflicts of interest and formulating recommendations for addressing them.

Documenting analysis for clearing conflicts and obtaining deal updates from investment teams.

Evaluating and managing wall-crossing requests and reviewing trade pre-clearances from public side businesses.

Assisting with personal trading pre-clearances as needed.

Enhancing the firm’s systems for documenting conflicts checks and the restricted / watch list.

Assisting with ad-hoc global projects and other compliance-related initiatives as required.

Qualifications :

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. The successful candidate must meet the following qualifications :

Bachelor’s degree or equivalent.

Experience with AML / CTF legal frameworks and adverse news screening.

Familiarity with responding to regulatory examinations, including FINRA and the SEC.

Strong analytical and issue-spotting skills, with the ability to clearly articulate rationale behind decisions.

Excellent problem-solving skills to identify and mitigate potential money laundering risks and conflicts of interest.

Strong organizational skills and attention to detail.

Ability to work independently while effectively managing multiple, competing priorities and deadlines.

Excellent written and oral communication skills, along with strong research capabilities.

Substantial initiative, creativity, and drive.

Proficiency in Microsoft Office applications (including pivot tables, charts, PowerPoint, Excel, etc.).

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.