Underwriting Coordinator, Christie's Art Finance

Christie's•New York, NY

4d•$55,000 - $65,000

About The Position

Underwriting Coordinator, Christie's Art Finance The Company Christie’s, the world’s largest Art Business, is an incredibly exciting & enriching place to start or continue your career. Whether you work within one of our Specialist Art Departments or in our more Operational focused teams we are all working together with one common goal in mind: to continue the success of this 260 year old company, steeped in history, bringing constant innovation whilst not forgetting our age old values; Passionate Expertise, Exceptional Client Service, Teamwork, Integrity, Business Judgement & Innovation. Colleagues across all departments are truly passionate about what they do and it is constantly inspiring to work with industry leaders across all segments of the 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.

Requirements

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

Responsibilities

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, facilitate forecasting, and assist with the creation of executive reports
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
Analyze credit portfolio for risks and monitor existing loans to ensure compliance with operating parameters
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

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 (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