Market Data Business Intelligence, AVP - Blackstone Technology & Innovations

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.

The Role

As an AVP of Market Data Business Intelligence, you will lead development of dashboards and reports to better manage the firm’s market data spend. You will be responsible for sourcing, transforming, and developing robust market data intelligence reports while working with complex data sets to build new insights and correlations on the efficiency and usage of market data subscriptions. This position reports to the Head of Data Governance & Market Data.

Responsibilities

• Business Intelligence: Analyze and build dashboards to track key performance indicators (KPIs) of market data function including subscriptions, redemptions, renewals, allocations, and expenses. Provide data driven insights to guide strategy for market data management.

• Advanced Analytics: Leverage statistical methodologies to analyze market data subscriptions and usage and identify patterns that will help optimize market data spend.

• Data Driven Insights: Provide leadership with real time reports and dashboards that show quarter-on-quarter variances and changes in spend patterns to make better informed decisions.

• Cross-Functional Collaboration: Work closely across COO teams including Finance, Procurement, and Business aligned data functions to maximize alts data purchased and meet strategic objectives.

• Project Management: Develop vision and roadmap for market data business intelligence, leverage Agile methodologies and JIRA planning to execute and deliver on priorities for market data.

• Industry Expertise: Have a good understanding of alternatives and wealth management landscape with preference for hands on experience in maintaining and/or managing market data functions.

Qualifications:

• 8+ years’ experience in a data analytics or spend management role, preferably in a business intelligence setting.

• Strong expertise in data capture, data analysis, data visualization, and data interpretation.

• Strong project management and ability to deliver by influencing others.

• Strong technology knowledge and familiarity with Sigma, Tableau, Snowflake, SQL queries.

• Meticulous attention to detail and ability to ensure accuracy and completeness of all analysis.

• Strong communication and collaboration skills to work effectively with cross-functional teams.

• Experience with presenting analysis and recommendations using PowerPoint.

• Ability to work independently and manage multiple projects simultaneously.

• Strong problem-solving skills and ability to think creatively to find solutions.

• Excellent writing, editing, and proofreading skills.

• Undergraduate degree in data science, business administrations, computer science, statistics, or mathematics

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:

$125,000 - $200,000

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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