Private Wealth - Global Product Strategy, Vice President/ Principal (Sydney)

Private Wealth - Global Product Strategy, Vice President/ Principal (Sydney)

03 Oct
|
The Blackstone Group
|
Sydney

03 Oct

The Blackstone Group

Sydney

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 .
Business Unit Overview: Blackstone Private Wealth (BXPW) was established to answer the growing demand for Blackstone products from high-net worth investors. Partnering with many of the world's largest private banks and wealth management firms as well as family offices, Blackstone's Private Wealth Solutions team packages and delivers the full breadth of Blackstone's alternative product capability to these firms and their clients and provides ongoing product and advisor support, as well as education and training around alternatives.
Job title
Global Product Strategy - Vice President / Principal Global Product Strategy: Global Product Strategy is focused on designing flagship, category-killing products that deliver Blackstone's investment capabilities, and redefining the accessibility of alternatives for private wealth clients. As a member of the team, the individual will be responsible for driving the design and end-to-end development of new products primarily for the wealth channel. The ideal candidate will be creative and passionate about researching and creating innovative product structures and solutions to unlock current markets and distribution channels. The team provides domain knowledge and expertise on investment products and structures, industry and regulatory developments, market and competitive dynamics. Global Product Strategy has key internal and external stakeholders, including Blackstone investment teams, Blackstone Private Wealth professionals, external fund diligence and selection professionals, and financial advisors.
Job Description
Primary job responsibilities include:
Lead product origination and development for the Australia wealth market
Identify market and product trends in the industry to enable BXPW to make informed product decisions




Lead curation of product priorities for various client segments across Australia by analyzing and distilling industry data, evaluating the relative strength of BXPW products vs. peers, understanding client feedback and preferences
Helping to evolve the firm's product offerings to stay relevant to the client base and market environment
Participate in early-stage global product design and development, provide ongoing oversight for products across asset classes
Prioritize and efficiently execute new product ideas that leverage the firm's investment capabilities, drive scale and address meaningful and measurable client demand
Develop product messaging, competitive research and actionable ideas for growth and change that would be presented to senior management, governance forums, sales, and investment teams
Skills and Qualifications
Bachelor's degree, 9+ years of relevant financial industry experience
Familiarity with private markets products for the wealth channel including typical structures (Luxembourg SICAV, Australian unit trusts, ETFs, etc.), terms, portfolio and liquidity management mechanics
In-depth working knowledge of the Australian wealth management industry, client channels and regulatory environment
Experience with Australian wealth management industry participants specifically rating agencies, platforms and asset consultants / OCIOs
Excellent written and verbal communication skills, especially the ability to explain complex technical concepts in simple terms
Strong project management and interpersonal skills and ability to work effectively with global teams across all levels and functions
Ability to engage and manage senior stakeholders and independently drive initiatives
Strong technical skills including high level of proficiency in Excel and PowerPoint, and familiarity with industry data through such sources as Morningstar Direct, Broadridge, etc.
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.




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 ************ (US), ******************* (EMEA) or ************** (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 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.
About Us
At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm's identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.
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📌 Private Wealth - Global Product Strategy, Vice President/ Principal (Sydney)
🏢 The Blackstone Group
📍 Sydney

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