Full-Time

Senior Associate

Capital Markets, Sfs

Posted on 8/13/2024

Sotheby’s

Sotheby’s

1,001-5,000 employees

Auction house for fine art

Real Estate
Consumer Goods

Compensation Overview

$120k - $160kAnnually

+ Discretionary Bonus + Competitive Benefits Package

Junior, Mid, Senior

New York, NY, USA

Category
Corporate Finance
Finance & Banking
Required Skills
Data Analysis
Requirements
  • A bachelor's degree in a finance/business, economics, math or similar degree
  • 2+ years of Capital Markets and / or financial services experience in Structured Credit preferred
  • Exposure to capital markets and securitization/ABS markets
  • Experience working on asset-based financing transactions; familiarity with rating agency methodologies and transaction structure + documentation a plus
  • Strong logical and analytical skills
  • Advanced excel skills with ability to analyze complex data sets; modeling experience a plus
  • Solid communication skills, both written and verbal
  • Organized and detail oriented
  • Ability to think critically and thrive in a fast-paced dynamic, and often ambiguous work environment
Responsibilities
  • Play a key role in planning and execution of various financing transactions, including securitizations and warehouse facilities
  • Prepare investor and lender-facing materials for diligence sessions, deal roadshows, and industry conferences
  • Collaborate with cross-functional teams–including legal, finance, servicing, and originations–on new initiatives and their impact on capital markets funding
  • Prepare and maintain loan portfolio and performance data to contribute to the ongoing management of SFS funding facilities
  • Interact with internal and external stakeholders to field ad-hoc requests or investor inquiries
  • Perform data analysis and draw conclusions to support senior management strategic planning
  • Review and improve processes to ensure seamless ongoing management of the SFS capital markets ecosystem

Sotheby's operates as a global auction house that focuses on selling fine art, luxury items, and collectibles. The company organizes both live and online auctions, allowing clients to bid on a variety of high-end items, including impressionist and modern art, fine jewels, watches, manuscripts, and iconic photographs. Sotheby's also facilitates private sales, where items are sold directly to buyers, catering to different client preferences. The company generates revenue through commissions on sales and fees for appraisals. What sets Sotheby's apart from its competitors is its expertise in valuing rare items and its ability to provide online estimates for potential sellers. With auctions held in major cities worldwide, Sotheby's aims to create a competitive market for its offerings while also providing a discreet and personalized experience for clients who prefer private transactions.

Company Stage

IPO

Total Funding

$4M

Headquarters

New York City, New York

Founded

1744

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Sotheby's Metaverse Masters auction series taps into the growing digital art market.
  • The acquisition of the Breuer building enhances Sotheby's brand and auction venue prestige.
  • Collaboration with The Luxury Group offers unique experiences, attracting high-net-worth clients.

What critics are saying

  • NFT market volatility could impact Sotheby's Metaverse Masters auction series.
  • Cryptocurrency payment acceptance exposes Sotheby's to crypto market volatility risks.
  • Layoffs following lower auction results may indicate financial challenges for Sotheby's.

What makes Sotheby’s unique

  • Sotheby's offers both live and online auctions, catering to diverse client preferences.
  • The company provides private sales for clients seeking privacy and exclusivity.
  • Sotheby's expertise in valuing rare items attracts high-end collectors and investors.

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