Assistant Vice President, Portfolio Management Oversight

About the role

Blackstone Europe Fund Management S.à r.l. (BEFM), an alternative investment fund manager authorised by the CSSF to manage UCITS and AIFs in private equity, real estate, credit and hedge funds, is looking for a senior member of its Portfolio Management Oversight (PMO) team. The role reports to the Conducting Officer in charge of PMO and focuses on overseeing portfolio managers so that regulatory expectations are met while keeping processes lean and sustainable. It involves liaising with stakeholders across the US and EMEA regions.

Key responsibilities

• Conduct initial and periodic due diligence reviews of portfolio management delegates under BEFM's risk-based approach and PMO procedure
• Monitor delegates continuously against regulations, internal KPIs and the PMO procedure, escalating findings to senior management
• Prepare reports and present PMO results to committees and boards
• Build strong relationships with delegates and act as the PMO point of contact for US and EMEA stakeholders
• Liaise with external counsel for legal advice and represent the team in meetings with Blackstone business units
• Help create lean, compliant processes and ensure policies reflect current regulatory requirements
• Take part in PMO, BEFM and group projects, including technology solutions, and support internal and external audits
• Coach, train and supervise junior team members

Required profile

• Master's degree in Finance, Economics, Accounting, Business Administration or a related discipline
• At least 6 years of relevant experience in financial services, such as UCITS management, AIFM or advisory roles
• Fluent English, written and spoken
• Good knowledge of local/EU regulatory requirements for UCITS and AIFs domiciled in Luxembourg and/or Ireland
• Team player with strong judgment, ownership and independent work habits

Required skills

• Proficiency in MS Excel, Word and PowerPoint is essential
• Knowledge of VBA and SQL is a plus
• Working knowledge of AI and automation tools (e.g. large language models, workflow automation, data analysis platforms) is a plus