Operating Team, Vice President, Management

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.

The Blackstone Operating Team attracts dedicated senior‑level advisors, industry leading professionals, and passionate operators who are committed to building resilient, successful businesses across the globe. Our team works together with portfolio company C‑suite leadership to develop and implement industry leading strategies in healthcare, cybersecurity, technology and AI/data science, ESG and sustainability, and spend management with an emphasis on talent development and leadership.

The BXOT Spend Management team supports over 240 global investment vehicles/companies in the flagship Private Equity fund, Core, Tactical Opportunities, Infrastructure, Life Sciences, Energy, and Growth with access to a Group Purchasing Platform and a best‑in‑class eSourcing team and sourcing center to unlock value creation and professionalize procurement organizations at portfolio companies. The Group Purchasing Platform leverages more than $30B of global spend across the Blackstone ecosystem of portfolio companies to drive value creation and differentiated service and quality for more than 80+ indirect spend categories with preferred supplier strategic relationships.

The Vice President will lead strategic development and deployment of the Group Purchasing Spend Management platform as well as program management of value creation initiatives with portfolio companies across Blackstone’s private equity strategies. They must have strong analytical and quantitative skills, excellent communication and interpersonal skills, detailed project management expertise, general business knowledge, financial acumen and familiarity with operating metrics to support C‑suite and executive leadership teams at portfolio companies seeking to accelerate value creation and implement spend management best practices for their businesses.

The Vice President must have strong communication skills and foundational procurement experience in order to engage indirect negotiations, contract management, relationship management, supplier evaluation, category management, spend analysis, and sourcing technology solutions. They will support program development within the Group Purchasing Platform and serve as part of the Program leadership team. Blackstone Group Purchasing Program leads are responsible for establishing and driving the strategy, quality, service, and program development within defined categories of spend across a variety of business functions including Procurement, IT, HR, Finance, Marketing, Legal, Operations and others.

They are considered the subject matter expert on current offerings, competing vendors, and market dynamics and tap into Blackstone’s vast ecosystem of experts and advisors for support. They are also responsible for tracking and addressing their respective vendor service performances across the portfolio companies.

• Lead deployment of Spend Management platform across major Blackstone investment funds including by developing value creation opportunity assessments, conducting extensive due diligence for new investments, facilitating vendor connections, and tracking, executing, and summarizing impact across key portfolio company investments
• Cultivate productive relationships with portfolio company senior‑level and executive leadership teams across all business functions (Procurement/IT/HR/Finance/Legal/Marketing/Operations) to identify decision makers and influence best practices
• Lead and coordinate design and development for components of the Spend Management technology ecosystem platform including…