Off-Cycle Intern - Risk Management

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 Follow @blackstone on LinkedIn, Twitter, and Instagram.

Firm Overview

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors. We do this by relying on extraordinary people and flexible capital to help strengthen the companies we invest in. Our over $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 Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Company Overview

Blackstone Europe Fund Management S.à r.l. (BEFM) is a private limited liability company (société à responsibilité limitée) notably subject to the Law of 10 August 1915 on commercial companies, as amended from time to time and to the AIFM Law. BEFM is authorized by the Commission de Surveillance du Secteur Financier (CSSF) as (i) a management company under Article 101(2) (Chapter 15) of the Law of 17 December 2010 on undertakings for collective investment, as amended (the UCI Law) and (ii) an alternative investment fund manager in accordance with the Law of 12 July 2013 on alternative investment fund managers, as amended (the AIFM Law).

BEFM manages UCITS and alternative investment funds (AIFs) in a variety of asset classes including private equity, real estate, credit and hedge fund solutions. BEFM is also authorized to manage separately managed accounts (SMAs) with a combination of these asset classes.

Job Responsibilities

In this role, the Off Cycle Intern will be an integral member of BEFM Risk Management in Luxembourg and will have the opportunity to participate in an array of projects and will be expected to participate in all the activities if the team as described below:

Assist in the monitoring, assessment, and mitigation of risks that could negatively affect BEFM and its managed structures by:

Aiding in the maintenance of a comprehensive risk management framework for managed structures and BEFM, aligning with regulatory standards.

Helping implement risk management strategies, policies, systems, and governance protocols.

Contributing to the update the risk profiles for the enterprise and its managed structures.

Supporting due diligence for alternative investments.

Assist in ensuring compliance with investment restrictions, collaborating across departments to manage risks and address potential breaches, and aiding in the development of mitigation and corrective actions.

Contribute to maintaining a strong control environment for risk management activities, ensuring compliance with all relevant regulations.

Assist in the preparation and delivery of risk management reports.

Participate in initiatives aimed at improving processes, supporting the introduction of new investment structures, the integration of delegates, and engaging in Blackstone Technology's operational and development goals.

This role is designed for individuals passionate about risk management, eager to contribute to a dynamic team, and interested in developing their skills in a collaborative and high-performing environment.

Qualifications & Skills

Blackstone seeks to hire individuals who work well in a team, are highly motivated, with a sound judgment and have demonstrated excellence in prior endeavors.

Master’s Degree in Finance, Economics or similar discipline (CFA, CAIA, FRM being considered as an asset).

Experience within the Financial Services industry, including role(s) in Investment Management, Advisory/Audit, Banking or related fields is desirable, but not necessary.

Strong knowledge and technical skills in financial analysis and/or risk management.

Must be skilled in MS Excel and MS PowerPoint, with the capability to create innovative, and comprehensive reports. Demonstrates a keen interest in leveraging technology and enhancing abilities on IT platforms, such as Tableau and Sigma.

Fluent in English, both written and oral.

Excellent communication and interpersonal abilities, with a proven track record of successfully engaging and collaborating in an international environment.

A collaborative team player with a resourceful mindset and a focus on efficiency.

Ability to adapt in a fast pace and dynamic environment. Ability to multi-task and execute a wide range of assignments, strong time management skills, and attention to detail.

All qualified applicants will receive consideration for employment without regard to race, colour, 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 (US), +44 ( (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.

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