Sothebys
Associate, Client Success, Sotheby’s Financial Services
New York, United States. Posted 2 months ago
The role
You will conduct loan underwriting activities including credit analysis and transaction evaluation for the U.S. managed SFS portfolio. You will also oversee collateral management and servicing functions while collaborating with clients and cross-functional teams.
What you will do
- Assess borrower, collateral, and operational risks to develop a view of credit quality.
- Analyze and evaluate proposed collateral using market data and auction results.
- Lead preparation of credit approval memos for new loans, amendments, and restructurings.
- Coordinate with auction house departments to complete diligence and underwriting requirements.
- Liaise with clients to gather supporting documentation.
- Monitor active loan portfolio to minimize risk of default and ensure policy compliance.
- Manage deals from initial diligence through funding and repayment.
- Drive on-time renewals of existing loans.
- Track and manage collateral by coordinating property receipt, releases, viewings, and restoration.
- Liaise with insurance providers to ensure collateral is covered.
Required qualifications
- Bachelor's Degree
- 5+ years of professional experience
- Organized, reliable, and capable of working well as part of a small team
- Critical thinker who is able to quickly assess issues and risks and develop effective solutions
- Self-motivated with strong time management and prioritization skills
- Strong analytical and financial acumen
- Client service-oriented with strong presentation development, communication, and public speaking skills
- Comfortable operating in an entrepreneurial, evolving environment
Nice to have
- Professional experience within the art market, automotive industry, or a related institution
- Experience with Salesforce, or other CRM solution
- Fluency in a second language
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.