BXTI, Portfolio Technology – Field CTO - SVP

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.
 

The Portfolio Technology Field CTO is an exciting opportunity to work at the intersection of technology and business. This role is designed to operate and continue to build a program that protects and creates value within Blackstone’s global portfolio of companies.

As a senior member of the team, you will own relationships with business unit leaders and company executives to diagnose and drive varied enterprise technology initiatives throughout a portfolio of companies. As a trusted advisor, you will closely engage with CIOs to identify opportunities to deliver high quality technology solutions to their business in support of an investment thesis. You will own relationships with tech leaders, investment professionals, and third parties to ensure that technology projects are delivered on-time and on budget. Our work is a mix of hands-on program operations and advisory responsibilities that requires exceptional communication skills in order to interact with a range of technical and non-technical stakeholders at all levels of an organization.

Job Functions

• Within our general framework, assess portfolio companies for value protection and value creation opportunities across the portfolio
• Counsel and share knowledge about assessments with senior executives and peers
• As a trusted advisor, interface with portfolio company management teams, provide guidance through the implementation of various technology initiatives
• Assess and articulate technology risks, opportunities, and recommendations as part of investment due diligence
• Ensure budget management practices are in place to optimize resource allocation during implementations
• Guide the technology related aspects of carveouts and M&A initiatives across industries
• Perform briefings about best practices to company leadership and technical teams
• Interface with third parties to drive ongoing initiatives across the portfolio
• Develop case studies based on successful engagements to share learnings
• Use business intelligence tools to create reporting and maintain metrics using collected data
• Own and drive select program functions and collaborate with teammates as assigned

Related Skills and Qualifications

• B.S. in Computer Science, Engineering, or related technology field. M.S./MBA a plus.
• Minimum 10 years of experience in a mix of hands-on and advisory/leadership roles
• Expert level understanding of the business process and technical aspects of tech projects
• Experience leading operational technology teams and engaging with C-suite members
• Ability to diagnose technology project health related to scope, complexity, resourcing, and timing
• Ability to advise CIOs on best practices related to staffing, budgeting, and communications
• Ability to identify manual business processes that can be automated for cost savings
• Demonstrated experience driving revenue enablement and/or cost optimization initiatives
• Broad subject-matter experience and able to field discussions across the spectrum of business process and technology
• Demonstrated success executing across multiple initiatives, exceptional time management skills, and comfort navigating uncertainty
• Ability and natural desire to work as a player-coach with clients and junior team members
• Prior consultative/internal experience with senior technical and non-technical executives
• Strong understanding of data modeling, scripting/coding experience a plus.
• Self-starter, ability to prioritize work, and propose and implement improvements
• Highly effective communicator both verbally and in writing
• Strong time management skills and entrepreneurial attitude
• Desire to work in a small team in a hands-on way

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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