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Full-Time

Senior Associate

Capital Markets, Sfs

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

$120k - $160kAnnually

+ Discretionary Bonus

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 is a global auction house that focuses on selling fine art, luxury items, and collectibles. It serves a variety of clients, including private collectors and investors, by organizing both live and online auctions, as well as offering private sales for direct transactions. Sotheby's makes money through commissions on sales and fees for appraisals. The company is distinguished by its expertise in valuing rare items and providing online estimates to potential sellers. Auctions are held in major cities worldwide, attracting a diverse audience of bidders. Sotheby's also curates special collections and offers a more private buying experience through its gallery network, catering to clients who value discretion.

Company Stage

N/A

Total Funding

$4M

Headquarters

New York City, New York

Founded

1744

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
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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