Blackstone Private Wealth - Product Specialist (1031 Exchange Fund), Vice President

Blackstone • New York, NY

2d • $175,000 - $200,000

About The Position

Blackstone Private Wealth is seeking a Vice President, Product Specialist to serve as a subject-matter expert for 1031 exchange and tax-deferred private real estate solutions. This individual will play a critical role in supporting fundraising, advisor engagement, and ongoing product education by partnering closely with Blackstone’s Real Estate investment teams and Private Wealth sales professionals. The role spans the full product lifecycle—from fundraising through investment and return of capital—and requires deep technical expertise, strong communication skills, and translation of complex structures into clear, advisor- and client-ready insights.

Requirements

• 7+ years of experience in asset management, investment banking, consulting, or wealth management, with a strong focus on private real estate.
• FINRA Series 7 & (63/65 or 66) required.
• Demonstrated experience with 1031 exchanges and tax-deferred real estate investment structures serving high-net-worth investors.
• Deep understanding of private real estate markets, investment structures, return drivers, and risk considerations.
• Strong familiarity with wealth management distribution models, advisor needs, and relevant regulatory frameworks.
• Exceptional written and verbal communication skills, can clearly articulate complex investment concepts.
• Highly collaborative, with a strong sense of ownership and accountability.
• Strong analytical, organizational, and problem-solving skills.

Nice To Haves

• MBA and/or CFA preferred, but not required.

Responsibilities

• Serve as a primary product specialist for Blackstone’s 1031 exchange-eligible real estate strategies within the Private Wealth platform.
• Partner with Real Estate investment teams and internal stakeholders to develop and execute product positioning, messaging, and sales strategies across global Private Wealth channels.
• Provide timely investment, performance, and market updates to Private Wealth sales teams, financial advisors, and end clients.
• Support the completion and coordination of due diligence questionnaires related to 1031 exchange-eligible real estate products within Private Wealth, partnering closely with investment teams, legal, compliance, tax, and risk stakeholders to ensure accurate, timely, and consistent responses covering product structure, tax considerations, investment strategy, risk management, and operational processes for advisor and client review.
• Act as a technical resource on 1031 exchange structures, including eligibility, execution mechanics, tax considerations, and portfolio construction use cases.
• Create and maintain high-impact client and advisor content, including: Monthly and quarterly product updates, Fund and portfolio reviews, Market and investment commentary, Deal activity and pipeline updates, Responses to bespoke advisor and client requests.
• Participate in advisor and client meetings, both virtual and in-person, to communicate portfolio updates, performance, and market insights.
• Collaborate cross-functionally with Sales, Marketing, Product Strategy, Investor Services, Compliance, and Business Development to support broader platform initiatives.
• Monitor competitive dynamics across private real estate, tax-advantaged structures, and alternative investment vehicles relevant to 1031 investors.
• Support and mentor junior team members contributing to product coverage and client support.
• Travel as needed for client engagement, due diligence meetings, and industry events.

Benefits

• Comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• Paid time off
• Life insurance
• 401(k) plan
• Discretionary bonuses
• Equity and other incentive compensation (for certain employees)

What This Job Offers

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