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,…