Senior Counsel, Sotheby’s Financial Services

The role

The attorney will provide transactional and legal support to the SFS business. This includes focusing on loans backed by fine art and collectible assets, consignor advances, and other transactional initiatives in the U.S. and abroad.

What you will do

• Draft, review and negotiate various agreements including term loan and revolving credit facilities, security agreements, collateral documents and guarantees.
• Provide legal advice on structuring finance transactions backed by fine art and collectible assets for clients in multiple jurisdictions.
• Conduct due diligence and facilitate transaction closings.
• Contribute subject matter expertise to the development of playbooks, templates, and operational best practices.
• Ensure policies and procedures are followed and documents comply with laws and regulations.
• Partner internally to identify opportunities for process improvement, scalability, and enhanced service delivery.
• Lead trainings for business partners on legal issues.
• Participate in negotiations with borrowers, outside counsel and counterparties.
• Provide additional legal support at the direction of the General Counsel.

Required qualifications

• 5+ years of relevant legal experience in banking/finance
• Bachelor’s Degree
• JD
• Admitted, active and in good standing with the New York State bar
• Strong work ethic and ability to multitask, prioritize and manage numerous projects simultaneously
• Demonstrated commitment to responsiveness, accountability and timely follow-through
• Strong attention to detail and quality of work product
• Exceptional drafting, communication, analytical and interpersonal skills
• Excellent business judgment and ability to assess legal risk
• Practical approach to legal drafting and problem solving
• Ability to work effectively with individuals at all organizational levels
• Comfort working within established legal processes and technology platforms

Nice to have

• experience in an in-house legal department

Benefits

• competitive benefits package

About the company

Established in 1744, Sotheby’s promotes access and ownership of exceptional art and luxury objects through auctions, private sales and retail. Sotheby’s Financial Services is a leading art lender and provides capital solutions for collectors around the world.