FX & FI Derivatives Hedging Risk Manager – Vice President

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, X, and Instagram. Blackstone Credit & Insurance Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including direct lending, opportunistic, CLOs, high yield, infrastructure and asset-based credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit. Job Title: BXCI – BXCI FX & FI Derivatives Hedging Risk Manager within Investment Operations – Vice President Job Location: - London Reports to: - Global Head of BXCI FX and FI Derivatives Hedging (located in NJ/NY) Responsibilities: Conduct weekly and monthly fx exposure reviews of 40+ BXCI Funds and take market action to mitigate exposure breaches to defined parameters. Work closely with portfolio managers, treasury, capital formations and product control to make sure risk policy, positions and p&l are always understood. Reviews and actions include trade structuring, trade review, trade execution, trade entry, trade reconciliation, cash settlement verification, P&L calculation, margin calculation. Build and maintain ‘roll’ and ‘payment’ schedules for 40+BXCI Funds derivative products including FX forwards, interest rate swaps, and interest rate futures contracts. Execute FX spot and forward transactions as requested by treasury, finance, and portfolio teams to support daily operational functions of the funds. Daily, work closely with treasury, global accounting, portfolio managers, product control, and reconciliation and compliance teams to ensure clear communication, accuracy and efficient process flows. Work with internal and external counsel to track and maintain ISDA documentation which supports trading and margining activity. This includes pre-fund launch negotiations and post-fund launch delivery of NAV information and Alternative Termination Event monitoring. Calculate and explain P&L for derivative products including fx forwards, interest rate swaps, interest rate futures by using internal systems, Bloomberg, and applying risk m...