Portfolio Technology Field CTO, SVP - Blackstone Technology & Innovations

Company: The Blackstone Group L.P.
Location: Miami
Posted on: April 22, 2025

Job Description:

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 . Follow @blackstone on , , and .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 mean 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: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.Responsibilities:

• 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.Expected annual base salary range: $225,000 - $275,000Actual 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.
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Keywords: The Blackstone Group L.P., Fort Lauderdale , Portfolio Technology Field CTO, SVP - Blackstone Technology & Innovations, Executive , Miami, Florida