Blackstone Private Equity Strategies Operations, Assistant Vice President (AVP)

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 Unit:

Private Equity Strategies

Blackstone Private Equity Strategies (“BXPE”) is Blackstone’s flagship private equity offering for individual investors. BXPE is a perpetual fund which invests in diversified global private equity opportunities alongside Blackstone’s private equity platform. The team invests across 15+ PE strategies spanning industries, geographies and investment structures, representing the breadth of Blackstone’s equity investing capabilities.

Job Title:

Blackstone Private Equity Strategies Operations, Assistant Vice President (AVP)

Job Description:

This role will provide the Private Equity Strategies business in strategic support, project management, administrative operations, and expense coordination, including, but not limited to

• Manage BXPE expenses, including the expense allocation process, reviewing and approving expenses, creating and implementing reporting on expense budgets to track spend and inform strategic decisions
• Manage deal pipeline operations, including overseeing the weekly deal tracking sheet, DealCloud governance
• Lead point of contact for coordination with the BXPE Board of Directors including communications, meeting materials and agendas where applicable
• Partner with COO on all aspects related to compensation planning and talent management
• Coordinate BXPE hiring and candidate pipeline and oversee new hire onboarding and programming
• Oversee executive support and administrative workflows
• Facilitate senior management recurring and ad hoc presentations and analysis as requested

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent, and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have strong communication skills, a demonstrated ability to write effectively, and a desire to work in a team environment, often with competing deadlines. A solid knowledge of business strategy, finance, and accounting is desirable.

The successful candidate must have:

• 5+ years of professional experience with a preference for prior experience in a business management, finance, or a management consulting role
• Bachelor’s degree in Business, Finance, Economics, or other related area is preferred
• Strong conceptual and analytical thinking abilities
• Demonstrated track record of problem solving
• Excellent interpersonal, influencing, and communication skills, both written and verbal
• Excellent presentation capabilities (Microsoft PowerPoint)
• Strong project management capabilities
• Highly organized and detail-oriented
• Exceptional work ethic, entrepreneurial spirit, intellectual curiosity, and desire to continually expand their understanding and improve
• Resourceful self-starter and solution-oriented
• Ability to manage workload and meet deadlines independently
• Collaborative, with the ability to build strong partnerships across the organization  

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:

$120,000 - $185,000

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: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

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 email Human Resources at [email protected].

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.
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