DealCoud Product Manager, AVP - Credit 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 Unit 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 means 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.

  
Blackstone Credit manages approximately $450 billion of loan and bond assets. As a Product Owner in Credit Technology, you will be a part of a collaborative team that continues to build tools for our partners in Blackstone Credit and Insurance (BXCI) to help scale the business and achieve firmwide goals. You will be responsible for identifying, designing, and implementing solutions and processes to enhance user efficiency and improve business process using technology throughout a deal’s lifecycle. Your primary responsibility will include working with front, middle and back-office professionals across BXCI to ensure the scalability of our deal platform, capture key attributes of a deal that is necessary for reporting, legal/compliance, client relationship management, and any downstream dependencies and centralize our deal lifecycle processes. The platform you will be managing integrates with several internal and external systems, requiring multi-application understanding for efficient technical implementation. Besides working with the Tech Lead and the scrum teams, you will also work with various business stakeholders, including but not limited to, Portfolio Managers, Deal Teams, Operations, Data Governance, and other middle-office professionals, business management, and legal and compliance users.

Responsibilities:

• Developing a vision and defining a future landscape for the Product(s)

• Building a roadmap to achieve the vision and socializing it with senior stake

• holders

• Writing user stories and epics to build out and groom the backlog, prioritize

• the backlog, and define releases 

• Maintaining product for downstream applications while building new integr

• tions with vendors

• Driving implementation of new features and enhancements

• Documenting user requests and feedback

• Coordinating and triaging production support issues 

• Writing end user release notes for upcoming releases

• Training new team members as they are onboarded

• Facilitating demos with stakeholders 

• Building relationships with end users (listed above) so you become their trusted advisor

• Developing strong vendor relations

• Promoting user adoption by writing detailed documentation

• Organizing training material and communications

• Engage proactively with users across the firm to identify pain points, facilitating brainstorming sessions to develop innovative solutions

• Being accessible to the developers for them to ask questions and better understand what they are coding

Required Qualifications:         
Blackstone seeks to hire individuals who work well in a team environment, 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 product management

• 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 methods (ex: user flows, personas, etc.)

• Data-driven – You use data and user research to help drive decisions in areas like design and prioritization

• Decisive – You can lead and manage projects with minimal oversight and make independent decisions, but know when to reach out when guidance or additional feedback is needed

• Detail-oriented – You have experience recording detailed requirements or design documents and are comfortable documenting end-to-end functional and technical reporting and data needs

• Adaptable – You want to work in a dynamic environment requiring you to flex between analytical, strategic, and operational aspects of the job. Regardless of the need, you’re happy to roll up your sleeves to get any job done

• Independent – You can work effectively as an individual contributor and possess strong analytical, problem solving, critical thinking and decision-making skills, with the ability to multitask and deliver under tight deadlines

• Strong Interpersonal and Collaborative Skills – You have excellent written and verbal communication skills. You know how to drive consensus among stakeholders, manage expectations, and keep strong relationships

• Experienced with Agile Processes – You have worked in Agile environments and know how to break down key features into appropriate user stories. You have experience working closely with engineers through the software development lifecycle

• Product Management Experience – Proven success in managing products or similar deal platforms, including roadmap planning, feature prioritization, and user adoption strategies

• 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.

    
Preferred Experience:

• Asset Management industry experience 

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:

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 HR-Recruiting-Americas@Blackstone.com.

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.

Salary : $125,000 - $200,000