New York, USA
45 days ago
Product Manager, AVP - Private Equity & Real Estate Technology

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, Twitter, and Instagram.
 

Business Overview:

Blackstone Technology & Innovations (BXTi) is the technology team at the core of each of Blackstone’s businesses and new growth initiatives. Serving both internal and external clients, we work to build the next generation of systems that manage risk, create efficiency, and improve transparency within the firm and across our broad community of investors and portfolio companies.  

BXTi is nimble and entrepreneurial – our open, iterative design processes and rapid pace of development mean that everyone on the team can make an impact from day one. We are problem solvers who can take projects from idea to implementation. We believe in active mentoring and developing excellence. We collaborate to find the best answers for our customers and for Blackstone. We are critical to the firm maintaining its competitive edge. 

Job Description:     

We are currently seeking a Product Manager for our Alternative Asset Management Technology, AAMT team who has a strong passion for building new products and democratizing data for non-technical users. As a member of the AAMT team at Blackstone, you will work closely with our Private Equity stakeholders and technology team to create best in class products enabling users to work more efficiently with unprecedented access to their data.

The AAMT Product Manager is responsible for standardizing and automating processes for Private Equity products/strategies and will be staffed on several assignments at once.  Due to the relatively small size of the professional staff, team members can assume integral roles as part of the team.

Responsibilities:

Document and process the intake of technology and data requests related to all aspects of deal tracking, portfolio tracking, and financial valuations for the PE business users across Blackstone.

Drive the product design to implement the most efficient solutions based on business requirements gathered for the PE teams data & analytics products.

Maintain and prioritize the backlog of tasks while coordinating with investment professionals, BXTi developers, and leadership.

Act as a “super user” for maintaining critical data tables that feed downstream reporting and analytics.

Proactively engage with regional Private Equity teams on a regular basis to document pain points and white board potential solutions to data related questions.

Identify opportunities for new data sets and visualizations, tracking process and system improvements that lead to better adoption, data quality, governance, and reporting

Coordinate multiple project tasks and workstreams, developing and maintaining project timelines and status updates for senior management

Coordinate and work directly with onshore, offshore, and affiliate teams

Qualifications:                        

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

The successful candidate should possess the following qualifications:

5+ years of experience in consulting, financial services, project management, and/or business analytics preferred

User Focused – you dig deep to understand user needs. You have experience conducting thorough research to understand user motivations and workflow and can clearly communicate them using appropriate methods (ex: user flows, personas, etc.)

Data Driven – you use data to help drive decisions in areas like designs and prioritization

Decisive – you can lead and manage projects with minimal oversight and make independent decisions, but know when to reach out when guidance or additional feedback is needed

Detail Oriented – you have experience recording detailed requirements or design documents and are comfortable documenting end-to-end functional and technical reporting and data needs

Adaptable - You want to work in a dynamic environment requiring you to flex between analytical, strategic, and operational aspects of the job.  Regardless of the need, you’re happy to roll up your sleeves to get any job done.

Independent - You can work effectively as an individual contributor and possess strong analytical, problem solving, critical thinking and decision-making skills, multitask and deliver under tight deadlines

Strong Interpersonal and Collaborative Skills – you have excellent written and verbal communication skills. You also know how to drive consensus among stakeholders, manage expectations, and keep strong relationships

Experienced with Agile Processes -You have worked in agile environments and know how to break down key features into appropriate user stories. You have experience working closely with Engineers through the software development lifecycle

BI Tools/Data tools - Experience working with data visualization and BI tools (e.g. Tableau), CRM (e.g. Salesforce), agile methodologies and tools (e.g. JIRA, Confluence), data warehouse tools (e.g. Snowflake)

Bachelor’s or Master’s degree in Information Systems, Computer Science, Finance, or Business Analytics related fields preferred


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.

Expected annual base salary range:

$125,000 - $185,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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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