Product Owner, Associate - Client & Firmwide Platforms

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.
 

Blackstone Technology & Innovations  

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 has the opportunity to 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.  

Role Overview:

Our technology group plays a critical role in developing and maintaining innovative software solutions that support our financial accounting operations. We are seeking a highly motivated and detail-oriented Associate Product Owner to join our team. In this role, you will focus on overseeing the quarterly planning, refinement, and requirements gathering meetings for our proprietary investment fund waterfall and performance calculation platform.

As an Associate Product Owner in the technology group, you will play a key role in driving the success of our investment fund waterfall and performance calculation platform. You will work closely with stakeholders, including finance, accounting, and technology teams, to gather requirements, prioritize features, and ensure the platform meets the evolving needs of our business. Your strong understanding of financial accounting principles, investment fund structures, and attention to detail will be essential in supporting the development and optimization of the platform.

Responsibilities:

• Collaborate with stakeholders to understand business needs and translate them into detailed product requirements.

• Assist in overseeing the quarterly planning, refinement, and requirements gathering meetings for the investment fund waterfall and performance calculation platform.

• Work closely with the development team to ensure timely and high-quality delivery of platform enhancements and bug fixes.

• Assist in conducting user acceptance testing (UAT) to validate the functionality and performance of the platform, ensuring it meets the defined requirements and user expectations.

• Assist in providing ongoing support and training to end-users, addressing inquiries, resolving issues, and gathering feedback for continuous improvement.

• Collaborate with cross-functional teams, including technology, operations, and compliance, to ensure seamless integration and alignment of the platform with other systems and processes.

• Assist in maintaining product documentation, including user stories, acceptance criteria, and release notes.

• Stay updated on industry trends and best practices related to financial accounting and investment fund operations.

Qualifications:

• Bachelor's degree in Finance, Accounting, Computer Science, or a related field.

• 3+ years of experience in a product management or developer role, preferably in the financial services industry

• Familiarity with technology platforms and tools used in financial accounting and investment management, such as fund accounting systems, data warehouses, and reporting tools.

• Excellent analytical and problem-solving skills, with the ability to translate business requirements into clear and actionable tasks.

• Detail-oriented mindset with a focus on