Full-Time

Business Development Associate

Confirmed live in the last 24 hours

Sotheby’s

Sotheby’s

1,001-5,000 employees

Auction house for fine art

Real Estate
Consumer Goods

Compensation Overview

$60k - $75kAnnually

+ Discretionary Bonus + Competitive Benefits Package

Junior, Mid

New York, NY, USA

Category
Business Development
Business & Strategy
Required Skills
Tableau
Marketing
Data Analysis
Requirements
  • Bachelors degree required
  • 2+ years of relevant professional experience required, ideally in a business support / process management role
  • A solid understanding of the art and/or luxury world, and ideally experience in an international auction house
  • Ability to communicate at all levels and partner with senior leaders for change management
  • Excellent Microsoft Office skills
  • Highly organized, detail oriented, ability to drive multiple high profile and complex projects
  • Creative problem solver, energetic and persistent
  • Confident team player, capable of working well independently and as part of a busy team
Responsibilities
  • Assist the Business Development Manager with working with the relevant marketing and events teams with organizing events, lunches, and client activities.
  • Help in planning and executing sales-related and non-sales-related events.
  • Work with marketing and client development teams to create and distribute business materials like invitations and letters.
  • Attend meetings to provide input on marketing promises and proposals.
  • Assist in creating documents and gathering statistics for proposals.
  • Generate reports and lists using Tableau.
  • Participate in pricing sessions and departmental meetings.
  • Collaborate with senior team members on long-term business leads and collections.
  • Complete non-catalogue photography for all auctions (e.g., worn images, additional angles).
  • Oversee the creation of client listings for New York and traveling exhibitions.
  • Participate in all sales and highlight exhibitions, events and auctions.
  • Oversee client requests for condition reports, additional photography of lots and other inquiries related to upcoming sales, including international sale requests when relevant.
  • Liaise with bids department and client services, assisting with setting up bids, new accounts, gathering IDs, setting up skyboxes.
  • Aid the Jewelry team with client inquiries, resolving client issues, aiding pre- or post-sale servicing, and execute client transactions to ensure the highest level of client satisfaction.
  • Occasional long hours required, including late evenings and weekends especially during sale deadlines, exhibitions, and auctions.
  • Ensure client data is up-to-date and accurate in Sotheby’s systems.
  • Aid in outreach initiatives by maintaining interest lists, updating client systems, and sending target emails.
  • Coordinate with category leads to arrange interest meetings.
  • Assist in identifying clients for sales outreach and analyzing client data.
  • Answer and direct incoming and outgoing communication in a timely manner (phone calls, general inbox, mail and packages).
  • Meet with client walkins, managing the intake process and coordinating with the appropriate specialist on next steps.
  • Manage auction estimate enquiries, ensuring they are handled in the highest standard of accuracy and in a timely manner by maintaining the communication flow between clients and specialists.
  • Assist with organizing sweep appointments, advertising and post-sweep analysis.
  • Support category leads and management in client valuations and collections strategy.
  • Help specialist teams in creating proposals and obtaining statistics.
  • Identify consignment opportunities by working with specialist teams and client strategy.
  • Assist department with ad hoc projects.

Sotheby's is a global auction house that specializes in selling fine art, luxury items, and collectibles through live and online auctions, as well as private sales. The company provides online estimates to help sellers determine the value of their items, which is a key service that distinguishes it from competitors. Sotheby's holds auctions in major cities worldwide, attracting a diverse audience and ensuring a competitive market for high-end items. The goal of Sotheby's is to connect buyers and sellers in the luxury market while offering a personalized and discreet experience.

Company Stage

IPO

Total Funding

$4M

Headquarters

New York City, New York

Founded

1744

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Sotheby's groundbreaking $700 million securitization backed by art-secured loans demonstrates their innovative approach to art financing.
  • The company's strategic partnerships, such as with Art UK, enhance their cultural influence and market reach.
  • Sotheby's ability to attract high-profile collections and items, like the Tamotsu Yagi Collection, underscores their strong market position and appeal to elite collectors.

What critics are saying

  • Recent layoffs in the UK and potential further cuts could indicate financial instability and affect employee morale.
  • The departure of key figures, such as Brooke Lampley, may lead to a loss of expertise and impact the company's leadership in certain art categories.

What makes Sotheby’s unique

  • Sotheby's dual approach of live and online auctions, along with private sales, allows them to cater to diverse client preferences, unlike competitors who may focus solely on one method.
  • Their global presence in major cities like New York, London, and Hong Kong ensures a competitive market and attracts a worldwide audience, setting them apart from regional auction houses.
  • Sotheby's expertise in valuing and selling rare and valuable items, combined with their online estimate service, provides a unique value proposition for potential sellers.

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