ABOUT SOTHEBY'S
Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.
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THE ROLE
As part of Capital Markets for Sotheby’s Financial Services, you will be a key member of the SFS team working to evolve the business from a full-service financial services organization to a leading tech-enabled lending platform. Capital Markets is responsible for managing SFS’s existing funding framework and its continued development. As an Associate, you will be a core member of a rapidly growing business and significant contributor to the funding strategy of the business.
The ideal candidate has an entrepreneurial attitude and a desire to combine their financial services experience with innovation. You can think analytically, and handle multiple simultaneous workstreams/projects. You are comfortable communicating with external parties and collaborating cross functionally.
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
IDEAL EXPERIENCE & COMPETENCIES
- 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
The proposed base salary for this position ranges from $120,000-$160,000. In addition to base salary successful candidates are eligible to receive a discretionary bonus, as well as a competitive benefits package. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered.
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The Company is an equal opportunity employer and considers all applicants for employment without regard to race (including, without limitation, traits historically associated with race, such as natural hair, hair texture, and protective and treated or untreated hairstyles), color, creed, religion, sex, sexual orientation, marital or civil partnership/union status, national origin, age, disability, pregnancy, genetic predisposition, genetic information, reproductive health decision, sexual orientation, gender identity or expression, alienage or citizenship status, domestic violence victim status, military or veteran status, or any other characteristic protected by federal, state/province or local law. The Company complies with applicable state and local laws prohibiting discrimination in employment in every jurisdiction in which it operates.