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 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.
 

Private Wealth Solutions (PWS) 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 Solutions team packages and delivers the full breadth of Blackstone’s alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.

Job Title:

Private Wealth Solutions – Global Product Strategy, Associate (NY)

Job Description:

PWS is seeking an accomplished candidate with the ability to communicate effectively with a variety of stakeholders and partners to join as an Associate in our PWS Global Product Strategy team.

Global Product Strategy is focused on designing flagship, category‐killing products that deliver Blackstone’s investment capabilities, redefining the accessibility of alternatives for private wealth clients. As a member of the team, the individual will be responsible for driving the design and end‐to‐ end development of new funds. The ideal candidate will be creative and passionate about researching and creating innovative product structures and solutions to unlock new markets and distribution channels.

Primary job responsibilities will include:

• Support the design and launch of global and local funds, balancing the regulatory framework/constraints with client preferences and emerging focus (liquidity, yield, returns, etc.)
• Partner with senior leaders across Private Wealth Solutions and Blackstone’s investment businesses to create bespoke products designed for private wealth clients
• Conduct research on product structures, regulatory developments and competitor fund launches to help identify scale opportunities
• Work with internal Blackstone teams on the full scope of product development, including the buildout of operations, technology, marketing and finance
• Support multiple strategic initiatives and numerous firm‐wide 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 communication and presentation skills
• Demonstrated ability to write effectively
• Superior organizational skills
• Strong analytical and problem‐solving skills
• Desire to work in a team environment
• Outstanding record of academic achievement
• Demonstrated professional accomplishments
• Sound judgment and the ability to engender trust

 

• Integrity and professionalism
• Adaptive, collaborative, positive and proactive mindset
• “Can do” attitude, sense of urgency, diligent and conscientious work ethic
• High level of patience and emotional intelligence in order to work effectively within a dynamic environment
• Striving for excellence and driven to contribute 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:

$135,000 - $145,000

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 compensa