Blackstone
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 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. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Position Title:
Internal Audit, Assistant Vice President
Location:
Singapore
Business Unit:
Blackstone Internal Audit (“BXIA”)
Business Description:
BXIA provides independent and objective assurance to the Board of Directors and Executive Management by evaluating that the businesses across the global platform are well governed, operating effectively and meeting risk management objectives. The BXIA team is guided by a philosophy of adding intrinsic value by improving the operations of the Firm and protecting its reputation. The team works collaboratively with Blackstone senior leadership to understand the requisite risks and to evaluate and contribute to effective governance, internal control, and risk management. The BXIA team has a global footprint of exceptionally talented people, with diverse professional backgrounds, and works in a highly collaborative manner.
Responsibilities:
The Internal Audit Associate/Assistant Vice President will be involved in all core activities undertaken by BXIA including annual risk assessment, assurance and advisory activities, including audit planning and execution, and contributing to department wide strategic initiatives. BXIA’s remit spans across all areas of the Firm, including the business strategy teams responsible for investment and asset management, and corporate functions such as Human Resources and Compliance. In APAC, BXIA provides coverage of key entities in Hong Kong, Singapore, India, China, Japan, Australia, and South Korea.
Specific responsibilities of the role include:
- Perform risk-based audits across Blackstone’s global platform and gain exposure to the firm’s diverse businesses, products, regions, and enterprise functions
- Perform testing, document test results, identify findings as applicable, and work with internal staff to design corrective actions that mitigate risk, drive efficiency and add value
- Leverage industry experience to provide advisory services during the development of new businesses, design of new processes and implementation of systems
- Develop ongoing working relationships within the firm, communicate ways to improve controls and have a strong understanding of new firm wide initiatives in the pipeline
- Assist in the annual risk assessment process and contribute to the formation of the annual audit plan through direct input, insight and perspective around current business, industry and regulatory risk factors
- Aid in the development and management of the international internal audit risk assessment framework, including the ongoing management of risk registers and control libraries
- Participate in firm and industry events that will enhance your skills and expand your knowledge of the alternative asset management industry
Qualifications:
BXIA seeks to attract and develop best-in-class talent from diverse professional backgrounds including finance, technology, risk management, operations, and compliance. Successful professionals should demonstrate a strong understanding of the asset management business and a history of cultivating strong working relationships with business partners through the delivery of impactful services focused on strengthening the risk and control environment. The small size of this group offers an opportunity to gain significant exposure across the Blackstone platform.
The ideal candidate will demonstrate adaptability, intellectual curiosity, strong judgment, and superior problem-solving skills to successfully navigate the complexities associated with evaluating risk across various business units and enterprise-wide functions. In addition, the successful candidate should have:
- Minimum 6 years of auditing experience in the financial services industry
- Undergraduate or graduate degree in accounting, finance, economics, computer science or business-related field
- Personal and professional integrity of the highest order
- Aptitude towards investment and risk management, scenario analysis and problem solving
- Strong project management, organizational and presentation skills
- Excellent communication (verbal, written & listening) and interpersonal skills
- Ability to think critically and strategically to develop innovative recommendations to mitigate risks and add value to the organization
- Proficient understanding of current regulatory and industry events
- Experience with internal audit risk assessments, SOX/Internal controls and/or ERP security and control review
- Ability to adapt to new challenges in a dynamic and environment while handling multiple projects
- Ability to work well within a team-oriented environment and individually
- Ability to partner across teams, summarize issues, develop recommendations, and make decisions
- Ability to be proactive and take initiative
- An energetic and enthusiastic approach to the role
- Experience with Governance, Risk & Compliance technology tools (ex. Audit Board) & Tableau
- Strong experience in the use of analytical tools (e.g. Alteryx) and positive attitude towards the use of technology
- Alternative investments experience strongly preferred
- MBA, CA, CIA, CFA or CISA credentials strongly preferred
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.
