Blackstone Multi-Asset Investing (BXMA)- Risk, Principal

Blackstone is seeking a Principal, Risk for its Multi-Asset Investing (BXMA) division in New York City. As a Principal Risk leader, you will oversee critical risk management functions across our diversified alternative investment platform, reporting to senior management and working alongside investment professionals managing over $1.3 trillion in global assets.

About the Role

As Principal of Risk at Blackstone's Multi-Asset Investing platform, you will establish and enforce risk governance frameworks across real estate, private equity, credit, infrastructure, life sciences, and growth equity strategies. You will lead a team responsible for identifying, measuring, and mitigating enterprise and portfolio-level risks while enabling bold investment decisions.

• Develop and implement comprehensive risk policies, limits, and controls aligned with our multi-asset investment thesis
• Conduct detailed due diligence on complex transactions and portfolio exposures across asset classes
• Monitor portfolio concentration, leverage, liquidity, and counterparty risks in real time
• Partner with investment teams to enhance risk-adjusted returns and support capital allocation decisions
• Report risk metrics to executives, investors, and regulators with clarity and precision
• Build and mentor a high-performing risk management team
• Drive continuous improvement in risk infrastructure, modeling, and analytics capabilities

What We're Looking For

You bring deep experience managing risk across multiple asset classes at a premier investment firm. You combine technical rigor with strategic business judgment and have demonstrated leadership in complex, fast-paced environments.

• 10+ years of progressive risk management experience in alternative assets, private markets, or institutional investing
• Proven expertise in portfolio risk analysis, valuations, and stress-testing methodologies
• Strong financial acumen and fluency with quantitative risk models and platforms
• Track record building and scaling high-performing risk teams
• Excellent communication skills and ability to translate complex risks for diverse stakeholders
• Advanced degree in finance, engineering, mathematics, or related field preferred
• CFA or equivalent professional credential a plus

About Blackstone

Blackstone is the world's largest alternative asset manager, committed to creating lasting value for our investors and the companies we invest in. Our culture emphasizes intellectual rigor, collaborative problem-solving, and long-term value creation across a truly global platform.

How to Apply

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