Full-Time

Senior Business Affairs Manager

Posted on 8/13/2024

Wunderman Thompson

Wunderman Thompson

5,001-10,000 employees

Creative agency and consultancy for brands

Consulting
Consumer Goods
Entertainment

Compensation Overview

$75k - $180kAnnually

Senior

New York, NY, USA

Category
Project Management
Business Development
Business & Strategy
Required Skills
Social Media
Requirements
  • 8+ years of experience in Business Affairs and Talent Services at an Advertising Agency or Brand.
  • Experience in all aspects of production such as live action production, tabletop production, photography/stills/print, OOH, digital, social, experiential, user generated content, speculative executions, podcasts, and other areas of emerging content creation and media.
  • Knowledge of music licensing, stock footage licensing and intellectual property licensing.
  • Ability to summarize and clearly communicate complex advertising and clearance standards.
  • Understanding of copyright, trademark, and network clearance procedures.
  • Extensive knowledge of the Bidding process for production, post-production, & music.
  • Knowledge of the SAG/AFTRA/AFM commercial contracts, advertising standards, and best practices.
  • Ability to take initiative, think independently and exercise sound judgment in seeking advice of legal counsel or team members.
  • An appreciation of how great work gets done and a commitment to making it happen.
Responsibilities
  • Collaborate with Creative teams and Producers to ensure the viability of creative concepts prior to client presentations or execution.
  • Work with Producers to monitor overages and estimate actuals through close of job.
  • Work with internal Finance from pre-bill through project completion.
  • Create monthly accrual reports by Client for Finance.
  • Proactively manage all account transition documentation.
  • Providing Producers and Client teams with accurate estimates for talent session fees, usage, residuals, and all other talent and music related costs of production.
  • Create and issue appropriate job award documents, including production contracts, production insurance, and talent contracts/agreements.
  • Review and assess scripts, rough cuts and final creative for risk or clearance concerns.
  • Issue talent contracts and session reports.
  • Negotiate and oversee the creation of celebrity, Influencers, and overscale talent agreements.
  • Review AICP, AICE, animation and Music bids with the Producer.
  • Review final production estimate and caveats with Producer prior to submitting to Client for review and signature.
  • Setup new vendors in the WT system.
  • Create Client facing Estimates, Issue vendor Purchase Orders, and Process vendor invoices.
  • Work with third party vendors to pay talent sessions, holding fees, usage and re-use fees in compliance with SAG/AFTRA/ACTRA and AFM guidelines.
  • Manage all re-negotiations for talent and musicians.
  • Review creative materials and advise Agency teams on talent, licensing, copyright and intellectual property issues and/or legal concerns.
  • Manage intellectual property rights and clearance acquisitions.
  • Review vendor agreements to ensure compliance with Client SOWs, MSAs, and industry standards.
  • Consult legal counsel when necessary.
  • Conduct Trademark searches for proposed branding, taglines, signage, design etc.
  • Work with Agency legal counsel on issues including contracts, updating releases, contract templates, risk assessment and indemnifications.
  • Advise agency teams and Clients on SAG/Union & Non-Union rules, regulations, and best practices.
  • For Non-Union productions, issue talent agreements and foreign talent contracts.

Wunderman Thompson operates at the intersection of creativity, consultancy, and technology to help brands grow. The company provides a range of services including creative advertising campaigns and brand strategies, as well as consultancy that utilizes data and insights for business transformation. One notable product is WaterLight, which generates electrical power from salt water, reflecting their focus on practical solutions. Unlike many competitors, Wunderman Thompson integrates creativity with data and technology, allowing them to deliver effective and award-winning campaigns. Their goal is to drive growth for a diverse clientele, from global corporations to non-profits.

Company Stage

M&A

Total Funding

N/A

Headquarters

New York City, New York

Founded

1958

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven personalization enhances targeted client engagement in marketing campaigns.
  • Voice commerce offers new opportunities for e-commerce consultancy services.
  • Sustainability in digital advertising aligns with their socially responsible projects.

What critics are saying

  • High turnover of key personnel may disrupt client relationships and project continuity.
  • Rebranding to VML could lead to brand identity confusion among clients.
  • Departure of senior leaders to competitors may result in loss of strategic direction.

What makes Wunderman Thompson unique

  • Wunderman Thompson combines creativity, data, and technology for impactful marketing solutions.
  • They developed the world's first adaptive deodorant for the disability community.
  • Their WaterLight technology converts salt water into electrical power, showcasing innovation.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

INACTIVE