Revantage, a Blackstone Portfolio Company
VP, Financing (Insurance Compliance)
Overview
Who We Are
Revantage, a Blackstone Real Estate portfolio company, is a global provider of corporate services.
With a corporate purpose of ‘In Pursuit of Better,’ Revantage delivers value-added services and world-class talent for Blackstone Real Estate portfolio companies, spanning diverse asset classes, including residential, logistics, office, hospitality and retail sectors. Headquartered in Chicago, the company’s footprint extends across North America, Europe and Asia Pacific.
Rooted in a commitment to collaboration and inclusivity, Revantage goes beyond traditional corporate services and acts as a trusted partner. Across offerings that include finance, technology, human resources and operations, Revantage proactively anticipates stakeholder needs, recruits exceptional talent and enables its business partners to thrive.
What We Value: Our Culture
Our people are our most important asset, enabling Blackstone portfolio companies and investments to scale and thrive. Together, we foster a workplace where everyone can be themselves, enabling them to do their best work.
At Revantage, we have exceptional people who live our values and help us pursue better every day. We offer dynamic and meaningful work, competitive compensation, benefits and flexibility. We listen and take action to ensure our organization evolves to reflect our employees’ voices and support an inclusive culture.
Our demonstrated commitment to our people and collaborative culture have earned us numerous awards as a top employer.
Our culture is built on our shared core values and commitment to be:
- Learners – We learn from our challenges and successes
- Leaders – We commit to continuous improvement
- Enthusiasts – We face challenges with optimism and believe anything is possible
- Achievers – We expect high standards for ourselves and enable the success of our teams
- Partners – We deliver value and positive impact to our partners
Grow your career with us. As a member of our team, you'll gain hands-on experience in the real estate industry and benefit from a supportive environment that fosters personal and professional growth.
Why This Role Is Valuable
Responsible for providing advisory services to Blackstone Capital Markets team specialized in complex commercial real estate transactions.
How You Add Value
- Manages pre-closing risk review of commercial real estate transactions, liaising with lenders, attorneys, and brokers on new loan originations working with institutional, investment and government-sponsored lenders
- Provides financial risk management and insurance requirements based on deal type, geography, and lender requirements
- Analyzes proposed insurance coverage and related risk mitigation including financial reserves and borrower guarantees, and identifying and communicating insurance coverage gaps to internal team and broker for resolution;
- Prepares exception waivers and exclusion reporting as appropriate
- Creates and submits client Final Risk Review deliverables including accurate risk assessment and documentation
- Liaises with lenders, lender’s consultants, attorneys and brokers pre-close and ensures that proposed insurance coverage is in place at closing
- Review and comment on loan agreements on all financings to ensure maximum flexibility and compliance with BX’s existing insurance policies
- Detail oriented transaction manager with the ability to multi-task and handle multiple projects at once
- Liaises with underwriting and credit review teams to explain and mitigate potential risk exposures by proposing customized solutions
- Delivers complete deal package including certificates of insurance
- Educates lenders, lender’s consultants in risk management, risk transfer, market issues, and relevant trends
- Serves as a trusted business advisor on all pertinent issues
- Responsible for deal flow management and tracking, client status reporting and issue tracking and resolution
- Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)
- Other duties as assigned
What You Bring To The Role
Required:
- Minimum of 8 years of insurance experience
- Bachelors Degree from an accredited college. MBA or law degree would be beneficial
- Minimum of 5 years of lending experience
- Demonstrable and current in-depth knowledge and understanding of the real estate and /or PE investment business
- Be a resourceful self-starter, routinely taking initiative
- Excellent verbal and written communication skills to a variety of audiences
- Exceptional attention to detail
- Team player that can thrive and lead in a fast-paced, results-oriented work environment
- Excellent organizational and project management skills
- Flexibility to adapt to evolving business strategies, depending on market dynamics
- Adept in navigating and simplifying complex matters of Risk Management
- Contract review and negotiation experience
- Experience in a variety of commercial matters (transactions, leases, financings, etc.)
- Advanced computer skills in Excel, Word, and email applications
Preferred:
- Professional designation (e.g. CPCU, ARM)
Perks for You
- Competitive salary, overall compensation, and 401(k)
- Work-life balance offerings include:
- Remote Work Policy
- Productivity Hours – weekly meeting-free work time
- Summer Fridays
- Work From Anywhere Month
- In-house and external learning & development opportunities
- Generous health insurance and wellness benefits
Base Compensation Range:
$210,815.00 To $284,000.00. This represents the presently-anticipated low and high end of the Company’s base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Perks for You
- Competitive salary, overall compensation, and 401(k)
- Work-life balance offerings include:
- Hybrid Work Policy
- Productivity Hours – weekly meeting-free work time
- Summer Fridays
- Work From Anywhere Month
- In-house and external learning & development opportunities
- Generous health insurance and wellness benefits
EEO Statement
Revantage is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected]
Please review the job applicant privacy notice here.
