Blackstone
Website:
blackstone.com
Job details:
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
Job Summary And Business Unit Overview
Blackstone Credit & Insurance (BXCI) was created in September 2023 by combining Blackstone's Credit and Insurance businesses. BXCI offers a broad range of solutions across corporate and asset-based credit, including investment-grade and non-investment-grade private credit. BXCI invests across the credit markets and manages strategies focused on sectors with strong fundamentals.
We are seeking a highly motivated Vice President to lead the Investment Allocations team within BXCI. The role will oversee the Bengaluru Center of Excellence (CoE) team and partner closely with global Investment Allocations stakeholders. The Vice President will be responsible for allocation governance, operational execution, controls, data quality, team leadership, and strategic transformation. The role requires sound judgment, strong execution discipline, and the ability to communicate effectively with senior stakeholders across Investments, Capital Formation, Insurance, Finance, Operations, Technology, Legal and Compliance, and Data teams.
Key Responsibilities
- Lead the Bengaluru Investment Allocations CoE and establish clear objectives, service standards, capacity plans, and accountability across the team.
- Partner with global colleagues to run hypothetical allocation scenarios (hypos), evaluate allocation outcomes, and support the timely and accurate finalization of allocations across asset classes, funds, and client mandates.
- Oversee the end-to-end allocation process, including data intake, eligibility validation, constraint monitoring, exception management, approvals, booking support, and post-allocation review.
- Ensure allocations are executed in accordance with approved policies, investment guidelines, client and fund restrictions, conflicts protocols, and applicable regulatory requirements.
- Establish and maintain robust governance, including maker-checker controls, documented approvals, audit trails, escalation protocols, and periodic control attestations.
- Define, monitor, and report key risk indicators (KRIs), key performance indicators (KPIs), service-level metrics, and operational trends; drive timely remediation of identified issues.
- Perform and oversee periodic allocation surveillance, portfolio reviews, and management reporting for relevant business and client stakeholders.
- Drive consistent data quality and reconcile allocation inputs and outputs across source systems, models, and downstream records; ensure exceptions are investigated and resolved promptly.
- Act as the senior point of contact across business, Technology, Finance, Operations, Data, Legal and Compliance, Capital Formation, and Insurance teams globally.
- Lead strategic initiatives focused on modernization, workflow digitization, automation, standardization, and operational scalability.
- Assess change impacts, define business requirements, coordinate user acceptance testing, and ensure effective implementation and post-go-live stabilization of new processes and systems.
- Create effective handover and follow-the-sun operating models between regional teams, supported by clear procedures, business continuity plans, and cross-training.
- Build, coach, and retain a high-performing team through structured development plans, timely feedback, succession planning, and an inclusive culture of ownership and continuous improvement.
- Prepare concise, executive-level updates on performance, capacity, risks, issues, dependencies, decisions, and strategic outcomes.
- Respond to ad hoc requests from Investment, Capital Formation, Insurance, and other stakeholders, providing accurate and timely analysis.
- Support internal and external audits, regulatory inquiries, and risk or compliance reviews by maintaining complete and readily retrievable evidence.
Required Skills And Competencies
- Strong knowledge of investment allocation processes, portfolio management operations, private credit, fund structures, and investment guideline monitoring.
- Demonstrated people leadership experience, including managing managers or senior individual contributors in a global or CoE operating model.
- Strong control mindset with experience in operational risk, governance, issue management, root-cause analysis, and remediation.
- Excellent analytical and problem-solving skills, with the ability to interpret complex data, identify patterns, and make sound decisions under time pressure.
- Ability to understand the broader business context while maintaining close attention to detail and accuracy.
- Excellent written and verbal communication skills, including the ability to influence senior stakeholders and communicate complex matters succinctly.
- Proven ability to manage competing priorities, multiple projects, and demanding deadlines with limited guidance.
- Strong relationship-building skills and the ability to work seamlessly across functions and geographical locations.
- Experience driving process optimization, automation, technology implementation, and data-driven decision-making.
- High standards of integrity, accountability, professional judgment, and commitment to excellence.
- Proficiency in Microsoft Office, particularly advanced Excel and PowerPoint; familiarity with data visualization, workflow, or analytics tools is preferred.
Qualifications And Experience
- Bachelor's degree in Accounting, Finance, Economics, Business, or a related discipline. A Chartered Accountant qualification, CFA, CPA, or MBA in Finance is preferred.
- 10 + years of relevant experience in investment management, private credit, asset management operations, a Big Four firm, or a global financial services organization.
- Prior experience in investment allocations, portfolio operations, guideline monitoring, or a related investment control function is strongly preferred.
- Knowledge of direct lending, private credit, insurance mandates, and multi-fund allocation frameworks is advantageous.
- Experience leading a distributed team and partnering with stakeholders in North America or other global locations is preferred.
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 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (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.
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