Art Finance Manager - West Coast

Christie's

Jul 2, 2024

Applications are closed

Job
Full-time
Mid Level
Creative Arts & Fashion
Banking & Finance
$80K - $90K
Los Angeles, +1

Requirements

Bachelor’s degree, or equivalent work experience.
Strong Excel skills, particularly in writing formulas.
Excellent communication and interpersonal skills, including superior written and spoken communication. Superior internal and external client service skills. Persuasive.
Capacity to work efficiently and effectively in high-pressure environment. Ability to remain calm in stressful situations.
Decisive, makes smart compromises as needed.
Demonstrated ability to multi-task and prioritize.
Strong follow-up skills with attention to detail

Responsibilities

Work with Christie’s client and strategy teams to promote, structure and close art loan opportunities with existing Christie’s clients and drive incremental business opportunities with existing borrowers
Proactively identify and acquire new art finance prospects by establishing relationships within broader art and financing market ecosystem
Promote awareness of Christie’s Art Finance in lending market through external marketing, speaking engagements and promotion
Perform analyses and draft pitch materials to develop and present bespoke financing strategies to prospective clients.
Create indicative term sheets for pitches, draft written client communications and participate on negotiations for transactions
Review loan agreements to ensure commercial terms are accurately conveyed in contract
Responsible for market and institutional knowledge of financing market in coverage areas
Assist with the development of new ways of working, systems updates, and marketing initiatives to expand Christie’s Art Finance platform
Be an advocate for Christie’s Art Finance within the business. Demonstrate best practices and communicate new developments, ranging from day-to-day interactions to departmental presentations.

FAQs

What is the primary function of the Art Finance Manager in this role?

The primary function of the Art Finance Manager is to work closely with the Global Managing Director of Christie’s Art Finance to originate asset-backed loans in the US, with a focus on the west coast, and support in the development of financial products and services to grow this area of the business.

What are the specific duties and responsibilities of the Art Finance Manager in this role?

Specific duties & responsibilities include working with client and strategy teams to promote, structure, and close art loan opportunities, proactively identifying new art finance prospects, promoting awareness of Christie’s Art Finance, performing analyses for bespoke financing strategies, reviewing loan agreements, and assisting with the development of new initiatives within the Art Finance platform.

What qualifications are required for this role?

The candidate must have a Bachelor's degree or equivalent work experience, strong Excel skills, excellent communication and interpersonal skills, the ability to work in high-pressure environments, decisive decision-making abilities, multitasking skills, and attention to detail.

What benefits are offered to employees in this role?

Benefits include comprehensive medical, dental, and vision care plans, a 401(k) savings plan with matching contributions, life insurance, disability insurance, generous time-off policies, fitness reimbursement program, annual discretionary bonus plan, commuter benefits, back-up child and elder care, CSR day, and perks and discounts through Zo and Plum Benefits.

What is the compensation range for this position?

The salary range for the Art Finance Manager role is $80,000.00 - $90,000.00 per year. Additional discretionary bonus compensation and overtime pay may also be included.

Christie's

Careers at the world's leading Art Business

Retail & Consumer Goods

Industry

1001-5000

Employees

1766

Founded Year

Mission & Purpose

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai). Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvador Mundi, 2017), for a single collection sale (the Collection of Peggy and David Rockefeller, 2018), and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace. Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability through net zero carbon emissions by 2030.