Blackstone Private Wealth

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.
 

Blackstone Private Wealth (BXPW) was established to answer the growing demand for Blackstone products from high‐net worth investors. Partnering with many of the world’s largest private banks and wealth management firms, Blackstone’s Private Wealth team packages and delivers the full breadth of Blackstone’s alternative product capabilities to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives. The individual investor space is at the epicenter of investment management and Blackstone's BXPW group is one of the most successful businesses of its kind in the industry. BXPW is highly entrepreneurial and has a stated goal of hitting $1 trillion in AUM within the business unit, and the Global Product Strategy team is core to this mission.

Job Title:

Blackstone Private Wealth – Global Product Strategy, Associate

BXPW is looking for a dynamic and skilled candidate to join our Global Product Strategy team as an Associate. Global Product Strategy focuses on creating category-killing products that deliver Blackstone’s investment capabilities to private wealth investors and broaden access to alternatives. The candidate will play a pivotal role in designing and driving the end-to-end development of new funds and feeders, from building the business case to securing investor capital. The ideal candidate should be intellectually curious, creative, and passionate about researching and developing innovative product structures to explore new markets and distribution channels.

Primary job responsibilities will include:

• Collaborate with senior leaders in Blackstone Private Wealth and across Blackstone’s investment and functional teams to create investment solutions for private wealth clients.

• Work with internal Blackstone teams on all aspects of product development, including portfolio buildout, fund operations, marketing, technology, tax and finance.

• Assist in designing and launching global and local investment solutions, considering regulatory requirements and client preferences (liquidity, yield, returns, etc.).

• Research product structures, regulatory changes, and competitor fund launches to identify growth opportunities.

• Support various strategic initiatives and cross-business projects.

Qualifications:

In addition to a minimum of 3 years of experience in investment banking, asset management, consulting or wealth management, the successful candidate should have:

• Strong quantitative and analytical skills

• Intellectual curiosity with a solid academic and professional record

• Excellent communication and writing skills

• Superior organizational abilities

• Professional integrity and professionalism

• Positive attitude, sense of ownership and urgency, and strong work ethic

• Good judgment and ability to build trust

• Adaptive, collaborative, and proactive mindset

• High patience and emotional intelligence for a dynamic environment

• Commitment to excellence and contributing to the company's success

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:

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.