Compliance Risk Management Program Strategy & Governance, SVP

Blackstone • New Jersey, NJ

1d • $225,000 - $275,000

About The Position

Blackstone’s Compliance Risk Management (CRM) team sits centrally within Compliance and is responsible for identifying, assessing, and mitigating regulatory risk across the firm. In coordination with business-line Chief Compliance Officers and other central compliance functions, CRM monitors the effectiveness of policies and procedures for Blackstone’s regulated entities globally and supports compliance with regulatory obligations and the firm’s ethical standards.

The successful candidate will lead CRM Program Strategy & Governance in collaboration with the global head and the broader four-person team. In partnership with the Head of CRM, the role will set and execute the team’s strategic direction, formalize its target operating model, uplift program frameworks and methodologies, and integrate CRM with broader firmwide efforts, including risk and control taxonomies, risk assessments, and technology platform implementation. The work includes assessing the current state to inform robust, risk-adjusted testing coverage; evaluating regulatory developments to inform planning and risk calibration; and leading special projects that strengthen controls or improve process reliability and efficiency.

The position offers frequent interaction with professionals across Blackstone’s business units and corporate functions, including senior leaders. The role requires sound judgment, adaptability, leadership, and the ability to build consensus and drive change. Expertise in audit and operational frameworks—including risk assessment, control design, and process improvement—is important. Familiarity with asset management and the regulatory regimes under the Investment Advisers Act of 1940 and Investment Company Act of 1940 is a plus.

Requirements

• At least 10 years of experience in the financial services industry, including complex project management and/or consulting, auditing, or forensic work.
• Significant experience leading a team and independently driving cross-functional initiatives.
• Experience building consensus across competing priorities and requirements, with a focus on strong execution and operational excellence.
• Proven experience in operational process improvement and strategic planning.
• Strong ability to build and maintain relationships with key stakeholders at all levels across an organization.
• Critical and strategic thinking to develop innovative recommendations that mitigate risks and add value.
• Excellent communication, leadership, and decision-making skills.
• Intellectual curiosity and a proactive approach to understanding complex compliance and business problems.
• Ability to persuade stakeholders through compelling insights and recommendations that drive change and improve operational performance.
• Ability to work with colleagues to devise pragmatic and creative solutions.
• Ability to prioritize, provide perspective, and focus on critical, value-adding tasks.
• Excellent organizational skills and follow-through.
• Highly effective oral and written communication skills.
• Highly motivated, diligent, and conscientious work ethic.
• Adaptability and a measured approach in dynamic environments with competing priorities.
• Sound judgment and the ability to engender trust.
• Experience leveraging data analytics and insights to enhance a testing program.
• Professional integrity of the highest order.

Nice To Haves

• Asset management experience.
• General familiarity with the Investment Advisers Act of 1940 and the Investment Company Act of 1940.

Responsibilities

• Advise and counsel the Head of Compliance Risk Management on organizational and substantive matters concerning the team’s remit.
• Lead development and support implementation of a comprehensive compliance risk management framework aligned with business objectives and regulatory requirements.
• Establish more robust governance structures, including standardized executive-level management reporting, formal risk assessments, key metrics, and protocols for developing testing plans, communicating outcomes, and remediating observations.
• Evaluate opportunities to scale capabilities through AI and data-driven testing and monitoring constructs, supported by the Center of Excellence.
• Advise, as needed, on investigations into compliance breaches and partner with stakeholders to develop corrective action plans.
• Recommend best practices to promote compliance with regulations and firm policies.
• Represent the Head of the CRM team, as needed, in significant firm initiatives and strategic efforts, promoting a culture of compliance and risk awareness.
• Contribute to evaluation of the regulatory engagement framework and support coordination of responses to regulatory matters, including consistent interpretation, impact analysis, policy updates, and communication across business units.
• Establish productive relationships with business and enterprise stakeholders at all levels.
• Coach and mentor team members and support their professional development and career aspirations.
• Contribute to assessment of the current state to ensure robust testing plans and risk-adjusted coverage across Blackstone’s compliance landscape, coordinating with Internal Audit and other stakeholders.
• Evaluate key regulatory developments to inform planning and risk calibration.
• Lead special projects that strengthen controls or improve the reliability and efficiency of processes.

Benefits

• Comprehensive health benefits, including medical, dental, vision, and FSA benefits.
• Paid time off.
• Life insurance.
• 401(k) plan.
• Discretionary bonuses.
• Certain employees may be eligible for equity and other incentive compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed