Blackstone Private Wealth - Product Specialist (1031 Exchange Fund), Vice President

Vice President, Product Specialist

Blackstone Private Wealth is seeking a Vice President, Product Specialist to serve as a subject-matter expert for 1031 exchange and tax-deferred private real estate solutions. This individual will play a critical role in supporting fundraising, advisor engagement, and ongoing product education by partnering closely with Blackstone's Real Estate investment teams and Private Wealth sales professionals. The role spans the full product lifecyclefrom fundraising through investment and return of capitaland requires deep technical expertise, strong communication skills, and translation of complex structures into clear, advisor- and client-ready insights.

Key Responsibilities

• Serve as a primary product specialist for Blackstone's 1031 exchange-eligible real estate strategies within the Private Wealth platform.
• Partner with Real Estate investment teams and internal stakeholders to develop and execute product positioning, messaging, and sales strategies across global Private Wealth channels.
• Provide timely investment, performance, and market updates to Private Wealth sales teams, financial advisors, and end clients.
• Support the completion and coordination of due diligence questionnaires related to 1031 exchange-eligible real estate products within Private Wealth, partnering closely with investment teams, legal, compliance, tax, and risk stakeholders to ensure accurate, timely, and consistent responses covering product structure, tax considerations, investment strategy, risk management, and operational processes for advisor and client review.
• Act as a technical resource on 1031 exchange structures, including eligibility, execution mechanics, tax considerations, and portfolio construction use cases.
• Create and maintain high-impact client and advisor content, including:
• Monthly and quarterly product updates
• Fund and portfolio reviews
• Market and investment commentary
• Deal activity and pipeline updates
• Responses to bespoke advisor and client requests
• Participate in advisor and client meetings, both virtual and in-person, to communicate portfolio updates, performance, and market insights.
• Collaborate cross-functionally with Sales, Marketing, Product Strategy, Investor Services, Compliance, and Business Development to support broader platform initiatives.
• Monitor competitive dynamics across private real estate, tax-advantaged structures, and alternative investment vehicles relevant to 1031 investors.
• Support and mentor junior team members contributing to product coverage and client support.
• Travel as needed for client engagement, due diligence meetings, and industry events.

Qualifications

• 7+ years of experience in asset management, investment banking, consulting, or wealth management, with a strong focus on private real estate.
• FINRA Series 7 & (63/65 or 66) required.
• Demonstrated experience with 1031 exchanges and tax-deferred real estate investment structures serving high-net-worth investors.
• Deep understanding of private real estate markets, investment structures, return drivers, and risk considerations.
• Strong familiarity with wealth management distribution models, advisor needs, and relevant regulatory frameworks.
• Exceptional written and verbal communication skills, can clearly articulate complex investment concepts.
• Highly collaborative, with a strong sense of ownership and accountability.
• Strong analytical, organizational, and problem-solving skills.
• MBA and/or CFA preferred, but not required.

San Francisco Applicants: Blackstone will consider for employment qualified applicants with arrest and conviction records, consistent with the San Francisco Fair Chance Ordinance.

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:

$175,000 - $200,000

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 compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone's sole discretion.

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 contact Human Resources at View phone number on click.appcast.io (US), View phone number on click.appcast.io (EMEA) or View phone number on click.appcast.io (APAC).

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.