Underwriting Coordinator, Art Finance - Christie's : Job Details

The Company

Christie's, the world's largest art business, is an incredibly exciting and enriching place to start or continue your career. Whether you work in one of our Specialist Art Departments or in one of our operational teams, we all share a common goal: to continue the success of this 250-year-old company, steeped in history, while bringing fresh ideas and upholding our shared values of Integrity, Excellence, Innovation, Responsibility, and Relationships. Colleagues across all departments are truly passionate about their work, and it is inspiring to collaborate with industry leaders across our business.

Why This Role Matters

The primary function of this role is to act as the project manager for Christie's Art Finance loans during the due diligence, and underwriting phases by coordinating all operational processes, collating closing requirements, and tracking all activities required to close the transaction. This role will also be responsible for monitoring our collateral portfolio and initiating our annual reevaluation processes. The Underwriting Coordinator will interact regularly with clients in addition to our global storage and shipping providers. This role works closely with Operations, Legal, Finance, and the Specialist Art Departments to ensure the smooth execution of all loans and expedient client service in this exciting growing area of the business.

How You'll Make an Impact

* Coordinate the underwriting and due diligence process from start to finish, including but not limited to liaising with clients to obtain all required documentation, arranging for shipment and storage of property in a timely fashion, and ensuring any issues are addressed accordingly

* Work closely with Operations to manage collateral by requesting stock order creation, tracking receipt of property, releases, and viewings; interacting with warehouses, shippers, institutions, and clients as needed

* Maintain Christie's Art Finance pipeline, working closely with the Art Finance team to monitor deal status

* Work closely with Specialists, Business Getters and Estates, Appraisals and Valuations department to coordinate the initial valuation of collateral, complete loan collateral appraisals, and manage any recurring valuation requirements for existing loans

* Process and track invoices associated with each loan ensuring accurate and timely payment and reporting

* Perform research and analysis to support compliance and underwriting due diligence requirements, including coordination of KYC, AML and Insurance documentation throughout the life of the loan

* Monitor existing loans to ensure compliance with Christie's Art Finance Servicing and Collections Policy.

* Work efficiently and effectively with other specialist departments including international and regional offices, support departments, external organizations, individuals and institutions.

* Perform other duties as assigned by Manager

What You'll Bring to the Team

* Bachelor's degree preferred, or equivalent work experience.

* Strong analytical skills and financial acumen.

* Strong project management skills including ability to multi-task, prioritize and manage multiple processes

* Meticulous attention to detail and strong follow-up skills

* Excellent client service and interpersonal skills, including superior written and spoken communication.

* A passion for the art world, and knowledge or interest in learning auction process.

* Proactive and solution oriented-attitude

* Ability to work collaboratively across multiple groups and sites

* Ability to remain calm in stressful situations

* Strong knowledge of JDE, COS, Media Library and Canvas

* Strong knowledge of Excel and Outlook

The Benefits

* Comprehensive Medical, Dental and Vision care plans for employees and dependents (On average, Christie's pays 80% of total premiums)

* 401(k) Savings Plan - Christie's provides a matching contribution up to 5% (subject to IRS limits)

* Life Insurance - 3x base salary up to $400k (100% paid by Christie's)

* Disability Insurance (100% paid by Christie's)

* Generous time-off and leave policies; including 100% Paid Family Leave up to 16 weeks.

* Fitness Reimbursement Program: reimbursement of eligible fitness fees and memberships up to $600 per year

* Annual Discretionary Performance Bonus Plan

* Commuter Benefits - Pre-tax money towards your daily commute with a Christie's contribution of $21 per month

* Back Up Child & Elder Care - up to 10 days of back-up Child or Elder Care through Bright Horizons

* CSR (Corporate Social Responsibility) Day- Each employee receives one paid day per year to dedicate their time to a charity of their choice.

* Perks and Discounts through Zo and Plum Benefits

Christie's, Inc. is committed to principles of equal employment opportunity, affirmative action, and to compliance with all federal, state, and local laws concerning employment discrimination, including the Americans with Disabilities Act. To this end, Christie's Inc. ensures equal opportunity to all employees and applicants, regardless of race, color, age, sex, sexual orientation, religion, marital status, national origin or ancestry, citizenship, lawful alien status, physical, mental, and medical disability, veteran status or liability status for service in the United States Armed Forces.

* Posted salary range does not include discretionary bonus compensation and overtime pay.

Compensation Range

Salary: $60,000.00 - $70,000.00