Managing Director – Private Wealth Innovation & Product Strategy

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, X, and Instagram.

Role Summary

Blackstone's Private Wealth business is seeking a Managing Director to drive transformational business initiatives that leverage technology to reimagine advisor experience, accelerate growth, and strengthen our competitive position in the marketplace. This is a strategic business leadership role—not a technology role—that translates our innovation strategy into tangible business outcomes through technology-enabled solutions.  The ideal candidate combines deep wealth management expertise with product strategy acumen and a proven ability to lead complex, cross-functional initiatives from concept through scaled adoption.

Key Responsibilities

Strategic Innovation Leadership

• Partner with Private Wealth Exco and CFO to define and advance the innovation roadmap, identifying where technology can create differentiated value for advisors, clients, and the broader business

• Lead the business case development, prioritization, and governance for major strategic initiatives, ensuring alignment with broader organizational objectives

• Own the product strategy and development lifecycle for advisor-facing platforms and tools, functioning as the voice of the business in technology partnerships

Program & Initiative Delivery

• Serve as executive sponsor and program manager for high-impact, business-led technology initiatives, orchestrating cross-functional teams across Private Wealth as well as Technology, Data Science, Portfolio Operations, Legal, Compliance, and external vendors

• Drive end-to-end delivery of complex projects, from requirements definition through UAT, launch, and post-implementation optimization

• Establish governance frameworks, success metrics, and accountability structures to ensure initiatives deliver measurable ROI and strategic value

Stakeholder Management & Partnership Development

• Build and maintain deep relationships with senior stakeholders across Private Wealth, Technology, and third-party partners to ensure seamless collaboration and execution

• Lead strategic partnership discussions with fintech vendors, technology providers, and platform integrators, including evaluation, negotiation, and ongoing relationship management

• Represent Private Wealth in firmwide technology and innovation forums, advocating for business needs and securing resources

Change Management & Adoption

• Design and execute comprehensive change management strategies to drive adoption of new capabilities across diverse advisor and internal user populations

• Partner with Training, Communications, and Field Leadership to ensure new tools are effectively socialized, understood, and integrated into daily workflows

• Establish feedback loops and continuous improvement processes to refine solutions based on user experience and business impact

Example Strategic Initiatives:

• Integrated Advisor Platform: Design and launch a centralized digital hub unifying portfolio analytics, reporting, product information, and client engagement tools—creating a seamless advisor experience that enhances productivity and client value delivery

• Intelligent Workflow Automation: Identify and implement AI-powered automation opportunities across client onboarding, document processing, and operational workflows to reduce cycle times, minimize manual effort, and improve scalability

• Data & Analytics Infrastructure: Build capabilities that surface actionable insights for advisors and leadership, enabling data-driven decision-making and personalized client strategies

• Third-Party Ecosystem Integration: