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 me