Blackstone Private Wealth - Product Specialist, Associate

Product Specialist

Product Specialists in Private Wealth play an integral role in providing investment detail to client stakeholders. They cover the entire product lifecycle, from fundraising through investment and return-of-capital. They provide domain knowledge and expertise on investments, performance, market dynamics, and competitors. Product Specialists have key internal and external stakeholders, including BX investment teams, Private Wealth sales professionals, various due diligence teams, financial advisors, and end-clients.

The Product Specialist will focus on Blackstone's Private Equity strategies and products. This includes direct coverage of relevant strategies and providing strategic support to Private Wealth stakeholders executing sales initiatives across global channels. The role may provide opportunities to engage with clients and serve as a representative of Blackstone's investment businesses to Wealth investors.

Primary job responsibilities will include:

• Assist in answering a broad range of client and sales team inquiries about Blackstone's products, market views, etc.
• Analyze the competitive landscape through reviewing peers' filing documents, presentations, etc., and distill key qualitative and quantitative takeaways.
• Shephard client-facing work through Blackstone's Legal & Compliance infrastructure.
• Work across other Private Wealth business functions in supporting product initiatives such as Marketing, Sales, Investor Services, Finance, etc.
• Enhance capital markets acumen to help contextualize Blackstone's offerings in a diversified investment portfolio.
• Help identify areas of improvement across the team's current processes to increase efficiency of information sharing, communication with sales, global coordination, etc.

Qualifications:

• 3+ years of experience within Investment Banking, Investment Sales, or Asset Management.
• Series 7 and 63 or ability to obtain within a year of employment; CFA/CAIA a plus.
• Working knowledge of the Alternatives industry/competitive landscape and desire to learn more.
• Experience with Private Equity markets and investing, through a wealth lens is a plus.
• Strong verbal and written communication skills to distill complex investment topics for end-users.
• Strong interpersonal skills to develop productive professional relationships with sales teams, investment teams, and other internal stakeholders.
• Proficiency with a variety of analytical tools (Microsoft office, Morningstar Direct, Bloomberg).

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:

$130,000 - $175,000

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, 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.